Fragile States 2014: Domestic Revenue Mobilisation OECD A Solution for the Inequality Politics of Post-2015? Center for Global Development … [Read more...]
Corporate Tax
Three fifths of multinational CEOs want country by country reporting
From Christian Aid: "Two-thirds (66 per cent) of the CEOs of large UK firms surveyed agreed that ‘multinationals should be required to publish the revenues, profits and taxes paid for each territory where they operate’. PwC’s research, which involved 1,344 interviews with CEOs in 68 countries, … [Read more...]
Links Feb 7
Delayed European Parliament vote crucial for corporate transparency Eurodad See also: Time for action on financial transparency euobserver Bankers take fight over U.S. anti-tax dodge rules to appeals court Reuters … [Read more...]
Links Feb 6
Global version of FATCA could be a reality in a few years, say industry officials Thomson Reuters / Compliance Complete See also: No more delays for FATCA, says IRS STEP Greek-Swiss tax deal remains elusive Reuters Is Switzerland retreating on Rubik? … [Read more...]
Links Feb 5
Obama Tax Rhetoric on Offshore Profit Falls Shy of Action Bloomberg See also: U.S.: Has the Tax Code Been Used to Reduce Inequality During the Obama Years? Not Really. Citizens for Tax Justice … [Read more...]
Links Jan 31
African leaders must seize the initiative on global tax reforms Institute of Development Studies Is the new EBRD policy a turning point for the acceptability of tax havens in development finance? Eurodad … [Read more...]
Fiat moves tax domicile to tax haven UK – but will it create jobs?
Reuters reports: "Fiat said on Wednesday it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in Britain … [Read more...]
Goldman tax dodge fury shakes Denmark government
We received this email yesterday about opposition in Denmark to a deal to sell a big stake in the state energy company Dong to Goldman Sachs, raising large civil society pushback, … [Read more...]
BVI got more foreign investment in 2013 than Brazil and India combined – UN
The British Virgin Islands (BVI) are back in the news. Last week the islands featured at the centre of a huge story about corruption in China. This week's story concerns UNCTAD's latest estimates of foreign direct investment flows through companies registered in the BVI. As Reuters reports: … [Read more...]
Open letter to UK Prime Minister
Dear Prime Minister The Huffington Post reports you saying: "Frankly I don't like any taxes." … [Read more...]
Links Jan 28
OECD BEPS work for consultation in March Accountancy Live BEPS next major tax initiative to impact Cayman Compass Cayman … [Read more...]
IMF: tax cuts don’t attract investment
From the IMF, a Working Paper. It doesn't make quite the sweeping claim suggested in the headline, but still. "Using manufacturing and services firm-level data for 30 sub-Saharan African (SSA) countries, this paper shows that taxation is not a significant driver for the location of foreign firms … [Read more...]
Links Jan 27
China to step up international co-operation in fight against tax evasion South China Morning Post "Amid revelations about use of offshore havens, the mainland's tax commissioner plans greater international co-operation to pursue evaders". See also: How We Did Offshore Leaks China ICIJ … [Read more...]
Links Jan 24
"ChinaLeaks" Stories Censored In Mainland China ICIJ See also: China mobilizes cyber-cops after leak on elite overseas wealth globalpost, Chinese media speaks no evil over Offshore Leaks Deutsche Welle, Latest update: Release Of Offshore Records Draws Worldwide Response and searchable Offshore … [Read more...]
Links Jan 23
Davos Secrets: Swiss Trade Opacity and Illicit Flows from Developing Countries Center for Global Development See also comment by the president of Guinea At Davos, the west must help us root out corruption in Africa The Guardian, and our blog Why is Davos held in the world’s top illicit money … [Read more...]
