TJN is pleased to publish a new briefing paper looking at the implications for developing countries of the OECD's widely referenced Base Erosion and Profit Shifting (BEPS) project, which is designed to find ways to tackle the deficiencies in the international tax system. It is available in English … [Read more...]
Taxing corporations
France’s CAC 40: over 1500 tax haven affiliates
From Le Monde: "The corporations in the CAC 40 [France's benchmark stock exchange index of the 40 biggest French stocks] have over 1,500 affiliates in tax havens, according to a study published on Thursday by the journal Project . . . cross-checked with authoritative studies data (the work of the … [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...]
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...]
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...]
The Taxcast: January 2014 – Edition 25
In the January 2014 Taxcast: Tax justice goes to the Cayman Islands; the latest fall-out from #OffshoreLeaks, the expose on tax havens from the International Consortium of Investigative Journalists; and HOW much is Africa spending on corporate tax breaks??? The Taxcast looks at tax incentives, … [Read more...]
OECD: special tax rules for internet cos ‘unviable’
Internet companies are running rings around our governments, free-riding on the backs of ordinary taxpayers and reaping large fortunes for relatively small numbers of well-connected insiders, some of them rich enough to buy entire global newspapers with their pocket change, and thus potentially … [Read more...]
Quote of the day – Boeing
From Citizens for Tax Justice: "How worried should we be that Boeing argues it should get a tax break for performing safety tests on its new planes? … [Read more...]
Towards Unitary Taxation of Transnational Corporations, by Sol Picciotto
Towards Unitary Taxation of transnational corporations, Prof. Sol Picciotto, Dec 2012. Original link here. … [Read more...]
TJN Briefing BEPS
TJN Briefing BEPS … [Read more...]
