Latin American tax clampdown latest threat to Swiss bank accounts Reuters Rio-2016: The Olympic tax binge Outras Palavras (In Portuguese) German state shares Swiss bank details swissinfo Panama Papers: EU Parliament to ask Mossack Fonseca representatives to testify The Parliament … [Read more...]
Finance Sector
Links Aug 3
LuxLeaks is not over - Luxembourg Prosecutor appeals against LuxLeaks outcome Luxemburger Wort See our blog The #LuxLeaks whistleblowers verdict: our statement On debt and taxation, rich and poor countries are worlds apart The Guardian Mapping global business opinions on human rights … [Read more...]
Finance Curse in The Atlantic: how to mount an offshore coup
We recently hosted Brooke Harrington, an Associate Professor at the Copenhagen Business School, on our Taxcast, talking about her remarkable research on tax havens. She wrote an article in The Atlantic last October, entitled Inside the Secretive World of Tax-Avoidance Experts - which we'd urge you … [Read more...]
Links Jul 27
Christian Aid Calls On UK's Prime Minister To Start Her Tax Haven Clean Up Close To Home One year after Financing for Development Conference in Addis Ababa, rich countries blocking UN from working on tax, again Financial Transparency Coalition Is India close to passing a law to identify true … [Read more...]
Links Jul 25
Secret Offshore Deals Deprive Africa of Billions in Natural Resource Dollars ICIJ "The Panama Papers show politicians and mining, oil and gas interests benefit from secrecy and dubious multimillion dollar transfers" Staunching tax "haemorrhage" from poorest countries United Nations Radio See … [Read more...]
Links Jul 14
African MPs support push against illicit financial flows Tax Justice Network - Africa Illicit financial inflows and low tax revenue bedevil Africa’s development BDlive New Research Shows Transparency Does Not Negatively Affect Business Competitiveness Transparency International … [Read more...]
Links Jul 12
Asian Development Bank Updates Policy In Wake Of Global Tax Developments Uganda: Free Zones Authority to Push for Tax Incentives allAfrica / The Observer (Kampala) See also: Visualising Uganda’s (and others’) tax treaties Martin Hearson's Blog, and our recent blog: Quote of the day – tax … [Read more...]
Top tax expert: Big 4 “accountants of fortune” must be broken up
In March The Economist magazine rang alarm bells (again) about a rise in concentrated market power: a problem where the biggest firms get ever bigger and more like monopolies, making it easy to extract wealth from the rest of us (as opposed to creating wealth.) This, in turn fosters steeper … [Read more...]
Links Jul 7
Revenue Mobilization in the Developing World: Changes, Challenges and Chances Review of International Political Economy Swiss banking sector seeks to enlist Britain for EU negotiations Reuters France, Luxembourg roll out red carpet for post-Brexit business Yahoo News Panama Papers: the … [Read more...]
Links Jul 5
Poverty amidst plenty: How Africans are robbed of benefits of mineral wealth Pambazuka News Zambia's New Mining Tax Regime May Fail the Test of Time National Resource Governance Institute Rich landowners are reaping billions from a tax loophole meant to benefit India's poor farmers Bloomberg … [Read more...]
Links Jun 30
LuxLeaks: Luxembourg court condemned for guilty verdicts The Parliament See also: Grand dodgy - The good deeds of the Luxembourg leakers do not go unpunished The Economist, Campaigners condemn punishment of Luxleaks whistleblowers who acted in the public interest Global Alliance for Tax Justice, … [Read more...]
Brexit gets worse as London seeks to wriggle free from UK
Cross-posted from Fools' Gold. We have our own particular reasons for disliking Brexit - the recent decision by the UK to leave the European Union. In a pre-Brexit analysis we quoted Adam Posen, director of the Peterson Institute for International Economics, who articulated what is probably … [Read more...]
Links Jun 28
The Great Trump Tax Mysteries: Is He Hiding Loopholes, Errors, or Something More Serious? Vanity Fair By TJN's @nickshaxson, author of Treasure Islands: Tax Havens and the Men Who Stole the World Join a special "fanzone" in Paris for the match between multinationals and whistleblowers PFJ (In … [Read more...]
Luxembourg on trial as Luxleaks whistleblowers await tomorrow’s verdict
Tomorrow afternoon the "LuxLeaks" trial will end and the two whistleblowers, Antoine Deltour and Raphaël Halet, as well as the journalist Eduard Perrin, will know whether they will be punished or not, for breaking Luxembourg's secrecy regime. They face up to 18 months in jail for exposing lurid … [Read more...]
Kenya tax haven approaching: secrecy to be enforced with prison terms
We have for a while been sounding alarms about the emergence of (yet) another tax haven/secrecy jurisdiction in Kenya. A few months ago we quoted the newspaper African Arguments: “Anti-corruption campaigner John Githongo has warned that in this setting, the NIFC “would be like a financial crime … [Read more...]
