From our colleagues at SOMO in the Netherlands, an excellent article translated from the original in the Volkskrant newspaper. While it focuses on the Netherlands, it is another sign of the growing global awareness of the links between human rights and tax haven and secrecy jurisdiction abuses. Read … [Read more...]
Corporate Tax
Barclay promoting tax havens: protest at its AGM
Tomorrow (Thursday) Barclays Bank holds its Annual General Meeting in London. This will mark the culmination of ActionAid's ‘Clean Up Barclays’ campaign, which focuses on the bank’s promotion of the use of tax havens – notably Mauritius – for multinational companies looking to invest in Africa. … [Read more...]
Links Apr 22
G20 tax reform mired in shadowy world of lobbying The Conversation UK: The government has created a new honesty box for corporate fraudsters to disclose their crimes and I guarantee not one will Tax Research UK See also: Business Secretary Vince Cable presses ahead with public register on … [Read more...]
The Offshore Wrapper: A week in tax justice
The Offshore Wrapper is written by George Turner Pfizer offshore cash pile fuels AstraZeneca bid … [Read more...]
Links Apr 17
Comments received on discussion draft on Tax Challenges of the Digital Economy published OECD NY regulator subpoenas Credit Suisse in U.S. tax probe: source Reuters … [Read more...]
Links Apr 15
EU: Šemeta In Final EU Tax Harmonization Push Tax-News Offshore companies banned from Bulgarian agriculture land ownership farmlandgrab.org … [Read more...]
Links Apr 14
The BEPS Monitoring Group Submission to the OECD on the Digital Economy Rudolf Elmer's open letter to Mr. Martin Graf, Swiss Government Councillor See also our recent blog: Show trial of Swiss whistleblower Elmer now in 9th year, and Julius Baer to remain a boutique despite dramatic size … [Read more...]
Links Apr 11
Country-by-Country Template Won't Require Entity-by-Entity Financial Details, Andrus, Head of OECD's Transfer Pricing Unit Says Bloomberg BNA See recent TJN blog Submission to OECD on transfer pricing and developing countries … [Read more...]
Links Apr 10
Argentina tax chief Ricardo Etchegaray met with Swiss Ambassador La Nacion (In Spanish) Hat tip: Jorge Gaggero - the "tax cosmetics" continue. See also recent Guest blog: Should Argentina sign a tax treaty with Switzerland? … [Read more...]
Links Apr 9
UK demands exemption from EU trust registry plan STEP The UK government has confirmed that it will oppose clauses in the EU's Fourth Money Laundering Directive that would force all trusts to identify their beneficiaries in publicly accessible registries. … [Read more...]
Links Apr 8
Getting the rules right - Interview with John Christensen, executive director, Tax Justice Network Cayman Financial Review … [Read more...]
Submission to OECD on transfer pricing and developing countries
The BEPS Monitoring Group, which TJN took the lead in establishing last year in the wake of the OECD's ground-breaking initiative, has just published this report: BMG Submission to OECD on Transfer Pricing Comparability Data and Developing Countries. This report responds to the OECD Report on … [Read more...]
Links Apr 3
Illicit capital flows are the elephant in the EU-Africa summit room EurActiv More Countries Agree to Help U.S. Crack Down on Tax Dodgers The Wall Street Journal See also: US Prepares To Enforce 45 FATCA Pacts Tax-News, U.S. gives foreign banks more time on anti-tax dodge law Reuters, and Leaked … [Read more...]
European Investment Bank exposes “hypocritical nature of western financial institutions”
The Guardian has published an article, picked up by media across the world, about the NGO follow-up to revelations in 2011 that the European Investment Bank had lent money to the Zambian firm Mopani Copper Mines (a.k.a. Glencore) which avoided paying tens of millions of dollars in local tax. At … [Read more...]
Links Apr 2
Cayman Islands’ government terminates Lord Blencathra’s lobbying contract The Bureau of Investigative Journalism See also: Lobbying row: Cayman Islands cut ties with Tory peer Lord Blencathra by mutual consent after revelations by The Independent … [Read more...]
