Trusts – the hole in the EU’s response to the Panama Papers? Global Witness See also, our report Trusts – Weapons of Mass Injustice HSBC discloses tax evasion probes in India other countries Economic Times Probes in U.S., France, Belgium, Argentina ... See also: HSBC Sets Aside $773 Million for … [Read more...]
Corporate Tax
Links Feb 22
EU agrees new rules to tackle multinationals tax avoidance The Guardian Don't bank on the EU to create a reliable list of tax havens, TJN's Financial Secrecy Index is more credible. See also: EU finance minister meeting: Blacklist is whitewashing tax havens Sven Giegold Denmark would not oppose … [Read more...]
Links Feb 17
Tackling Illicit Financial Flows - Can Africa Rise to the Challenge? United Nations Economic Commission for Africa / via allAfrica New Zealand to enact tighter foreign trust disclosure rules STEP See also: Trusts – Weapons of Mass Injustice: new Tax Justice Network report Ireland: Finance … [Read more...]
Open Data For Tax Justice: the creation of a public database of country-by-country reporting data
How much tax do multinational companies pay in your country? Leading tax justice campaigners (including the Tax Justice Network) and open data specialists are working on helping you find out with their open data for tax justice project. Today they're publishing a white paper entitled What Do They … [Read more...]
Find your local Fair Tax business: Launch of the Fair Tax Map
Our good friends at the Fair Tax Mark in the UK have been pioneering a means for businesses to demonstrate their commitment to tax transparency, and to paying the right amount of tax at the right time and in the right place. (And what business wouldn't want to do that?) Already the Fair Tax Mark … [Read more...]
Links Feb 15
Global Week of Action to #EndTaxHavens! - 1 to 7 April 2017 Global Alliance for Tax Justice ICTD Summary Brief 6: Tax and Gender in Developing Countries: What are the Issues? International Centre for Tax and Development The Political Economy of Long-Term Revenue Decline in Sri Lanka International … [Read more...]
Links Feb 13
Brazil’s corruption scandal spreads across South America The Guardian Founders of Panama Papers Law Firm Arrested on Money Laundering Charges ICIJ Swiss voters soundly reject corporate tax overhaul Reuters See also: Switzerland says no to yet more tax abuse Tax Research UK International experts … [Read more...]
Links Feb 10
New recommendations to help investors engage on tax UN Principles for Responsible Investment (PRI) Banks take bigger role in Latin America fight against tax evasion Reuters New Zealand, a haven for global billionaires to park their money, has a murky trust issue Bloomberg Panama Papers: Mossack … [Read more...]
Links Feb 8
Global investment flowing through tax havens grows by 0bn Public Finance International Luxembourg expects more companies to leave over tax scrutiny Financial Times "Finance minister expects some international groups to follow lead set by McDonald’s" 'Appealing Apple tax decision a mistake' - … [Read more...]
Links Feb 3
U.S. Congress votes for corruption by overturning historic transparency law in gift to big oil Global Witness See also: U.S. Congress Votes to Kill Anti-Corruption Safeguard FACT Coalition, and Oxfam condemns Senate’s shameful gutting of bipartisan anti-corruption rule, Section 1504 Oxfam … [Read more...]
Links Feb 1
Cutting company tax won't drive investment: Australia Institute Camden Haven Courier UK ‘can’t afford tax cuts to attract more firms after Brexit’ The Telegraph See our recent blog Tax haven UK? It already is… The Irish model: How low should taxes go? BBC News See also our recent blog: Is tax … [Read more...]
Links Jan 30
EU Committee on Economic and Monetary Affairs - Committee of Inquiry to investigate alleged contraventions and maladministration in the application of Union law in relation to money laundering, tax avoidance and tax evasion Live stream 31 Jan at 9.30am (Brussels time) Africa: Accelerated Agenda on … [Read more...]
Links Jan 27
What a #fightinequality week it has been… Global Alliance for Tax Justice Canada Papers investigation: joint investigation by CBC/Radio-Canada and the Toronto Star: Snow washing: Canada is the world’s newest tax haven - Part 1 How a Quebec company hid millions from tax collectors - Part … [Read more...]
Is tax avoidance at the heart of Ireland’s economic miracle?
Coming out of the economic crisis Ireland was one of the best performing economies, with GDP growth rates of 8.5% in 2014 and an extraordinary 26.3% in 2015. But how much of this economic activity was real, and how much a fiction created by Ireland's tax haven status? A new paper by Heike Joebges … [Read more...]
Links Jan 23
European Parliament's new hearing on Panama Papers: lawyers, accountants and bankers Global Alliance for Tax Justice Ecuador and NGOs' plea for a Global Tax Body Global Alliance for Tax Justice Aid in reverse: how poor countries develop rich countries The Guardian … [Read more...]
