Bangladeshi rights groups demand Tax Transparency Global Alliance for Tax Justice Brazil lower house passes amnesty for unreported offshore assets Reuters Australia: Senate repeals tax secrecy law after 'astroturf' revelations Cootamundra Herald "It's a great day for democracy when a sneaky … [Read more...]
Finance Sector
How Ireland became an offshore financial centre
This month we published our fourth Financial Secrecy Index (FSI), complete with a series of reports about each of the biggest tax havens and secrecy jurisdictions, looking into the political and economic histories of how and why they went offshore, who was involved, and where the bodies are … [Read more...]
Links Nov 10
Who runs our countries: us, or global finance? Fools' Gold - rethinking competition UK’s bank levy reforms will cost £4.2bn in tax over 5 years Fools' Gold - rethinking competition G20 Among Biggest Losers in Large-Scale Tax Abuse but Poor Countries Relatively Hardest Hit Oxfam Great new … [Read more...]
Links Nov 9
#Luxleaks protest in support of whistleblowers Video: Tax campaigners protesting outside the European Commission and Council, in support of the whistleblowers who exposed the Luxleaks scandal, and against tax dodging multinational corporations. Internal EU Documents: How the Benelux Blocked … [Read more...]
Links Nov 6
Video summaries of #LuxLeaks stunts Global Alliance for Tax Justice See also: #LuxLeaks anniversary marked with protests, calls for action ICIJ, A year after LuxLeaks, it is high time for EU action on corporate tax-dodging The Guardian, and A Year On, Europe's Tax Affairs Are Still A Mystery New … [Read more...]
UK and China: the national security threat from the City of London
In March we wrote a short article (also discussed in our Taxcast) about the U.S.' ire about what US officials said was Britain's 'constant accommodation' with China." That followed an earlier article a TJN blogger wrote in The American Interest about Russia and the City of London. In both cases we … [Read more...]
Links Nov 5
Note: tomorrow we'll be posting news of worldwide media coverage on our newly launched 2015 Financial Secrecy Index LuxLeaks anniversary: activists call for transparency Global Alliance for Tax Justice See also: Global Week of Action for #TaxJustice, Nov 2-6! 1 year on from #LuxLeaks - … [Read more...]
Links Oct 29
Ten years in the campaign for tax justice - we have a long way to go Open Democracy By TJN Director John Christensen. See our recent blog New publication: The Greatest Invention – Tax and the Campaign for a Just Society Fighting tax evasion: EU and Liechtenstein sign new tax transparency … [Read more...]
How the wealth managers do it: an in-depth investigation
The Atlantic is carrying a truly fascinating article entitled Inside the Secretive World of Tax-Avoidance Experts. And this researcher, Brooke Harrington, went to town on it: "Given the little that is known about the profession and its role in global inequality, it seemed imperative to learn more … [Read more...]
Links Oct 26
Inside the Secretive World of Tax-Avoidance Experts The Atlantic Challenges for family offices in emerging markets IFC Review / Financial Times Reporting on a trend in developing economies - wealthy families setting up their own trust companies. Corruption and natural resources - A fight for … [Read more...]
Links Oct 22
Video: Taxation (ICTD/UNU-WIDER Special Session) 1/5 - 30th Anniversary Conference Extracting minerals, extracting wealth: how Zambia is losing $3 billion a year from corporate tax dodging War on Want After Blow to Europe Tax Havens, Some Promise More Staying Power Bloomberg Large-scale … [Read more...]
Links Oct 21
Starbucks and Fiat sweetheart tax deals with EU nations ruled unlawful The Guardian See also: Apple Stakes Raised as EU Orders Starbucks, Fiat Tax Repayments Bloomberg, and earlier blog European Commission determines state sponsored tax avoidance schemes illegal Switzerland Must Seize … [Read more...]
Links Oct 19
Analysis: Can we beat tax avoiding multinationals? - Finance Uncovered/ Byline How to lose $4billion Global Witness New report, coming ahead of a pivotal meeting of the Extractive Industries Transparency Initiative (EITI). "Credibility test for global transparency standard as $4bn lost to … [Read more...]
Links Oct 16
Tax avoidance by corporations is out of control. The United Nations must step in The Guardian Comment by José Antonio Ocampo and Magdalena Sepúlveda Carmona The Bitter Taste of Tax Avoidance Huffington Post Finance Minister Minister announces tax amnesty for Luxembourg Luxembuger Wort "The … [Read more...]
Links Oct 15
In Norway, Everyone's Income Is Public—and So Is Tax Paid The Atlantic Big Data and Tax Haven Secrecy Social Science Research Network "... how tax haven secrecy enables elites in non-democratic countries to transfer their monies for ultimate investment in stable democratic countries." Via … [Read more...]
