It's time for companies to bring tax into their human rights due diligence Business & Human Rights Resource Centre Momentous day for Fair Tax in Europe Fair Tax See also: European Parliament spells out legal steps to fight aggressive corporate tax planning and evasion European Parliament … [Read more...]
Finance Sector
Links Dec 15
Regional Week of Action in Latin America! Global Alliance for Tax Justice Measuring illicit flows in the SDGs Uncounted Why would an international tax lawyer join Oxfam? The Politics of Poverty National Tax Justice Youth Film Festival Tax Justice Coalition Pakistan Tackling corporate … [Read more...]
Will Sri Lanka follow the dismal road to tax havenry?
An article in today's edition of Sri Lanka's Mirror newspaper draws attention to that island's plans to develop an offshore financial centre in Colombo. According to the article the proposal is modelled on the Dubai International Financial Centre, a notorious centre for moneylaundering and illicit … [Read more...]
New website shows European countries that facilitate tax cheating
PRESS RELEASE FROM SOMO: Mapping Tax-free investments New interactive website shows which European countries facilitate tax dodging through mailbox companies. Today, the Centre for Research on Multinational Corporations (SOMO) launches a new interactive website that visualises bilateral … [Read more...]
Links Dec 14
Abusive Tax Avoidance and Responsibilities of Tax Professionals Journal of Human Development and Capabilities Global Looting – A Snapshot The Corner House Illicit Financial Flows: Overview of Concepts, Methodologies and Regional Perspectives CBGA Las Vegas Review-Journal Staffers Want To … [Read more...]
The Finance Curse and Competitiveness: presentation at Max Planck Institute
This is the text of a lecture that John Christensen, Director of the Tax Justice Network (TJN), gave at the Max Planck Institute in Cologne this week. … [Read more...]
Links Dec 10
KPMG's Regulatory Arbitrage Culture Paper by Dr. Atul K. Shah "The Big 4 ... Overwhelming evidence has been emerging in recent decades about their pro-active roles in tax avoidance and arbitrage..." Trade Secrets: Coca-Cola’s Hidden Formula for Avoiding Taxes 100Reporters Shell and Eni's … [Read more...]
Links Dec 9
Latin America and Caribbean Tax Administration Dialogue on International Taxation in Quito Global Alliance for Tax Justice Country-by-Country regime passed by Australian Parliament Global Alliance for Tax Justice New Study: Illicit Financial Flows Hit US$1.1 Trillion in 2013 Financial … [Read more...]
Lazonick: tax cheating is just part of Pfizer’s corrupt business model
Recently the U.S. pharma giant Pfizer announced a merger with the drugmaker Allergan, in a deal heavily motivated by tax cheating via a 'corporate' inversion - a corporate relocation to take advantage of (in this case Ireland's) lax tax regime. Much has been said on the topic, with U.S. … [Read more...]
Jersey: the fall of a Finance-Cursed tax haven
A new article in the Guardian Long Reads series, entitled The fall of Jersey: how a tax haven goes bust. (Not as dramatic as this one, but still.) The article heavily features Jerseyman John Christensen, TJN's Director (along with Richard Murphy of Tax Research UK, who has been influential in … [Read more...]
Links Dec 7
The determinants of tax haven FDI Science Direct Paper examines the determinants of a multinational enterprise's (MNEs) decision to set up tax haven subsidiaries. Cayman Islands fraudsters may have moved $450 million to Cuba Caribbean News Now! Very interesting report by Kenneth Rijock, a … [Read more...]
Links Dec 3
Revealed: how Southeast Asia’s biggest drug lord used shell companies to become a jade kingpin Global Witness For Facebook’s Zuckerberg, Charity Is in Eye of Beholder Bloomberg Gabriel Zucman points out: “A society where rich people decide for themselves how much taxes they pay and to what … [Read more...]
Links Dec 2
Art & Money Laundering in Switzerland - secrecy is weakening Bilan (In French) Article in English here. EAC states adopt new measures to curb tax loss The East African European Parliament tax investigation continued: Strong mandate for new committee to continue tax investigation Sven … [Read more...]
Ex-money launderer Kenneth Rijock offers tips for whistleblowers
In this article, first published in the Whistleblower Edition of TJN's newsletter, Tax Justice Focus, convicted money launderer Kenneth Rijock (author of The Laundry Man, Penguin, 2013) offers some practical advice to those who might be considering blowing the whistle on their employers. Helpful … [Read more...]
Links Dec 1
HSBC whistleblower given five years’ jail over biggest leak in banking history The Guardian See also: 'Sentencing Changes Nothing, Will Help Black Money Probe,' Says Herve Falciani NDTV, The Snowden Of Swiss Bank Accounts Is Sentenced To Prison While White Collar Criminals Go Free ThinkProgress, … [Read more...]
