Seychelles Chamber of Commerce and Industry pushes for Seychelles to become China’s African trade hub Seychelles New Agency "... the Chinese side could benefit from the various tax incentives which exist here". See earlier blog How Seychelles became a paradise for dirty money and corruption … [Read more...]
Finance Sector
Links Nov 19
Juncker should step back on tax avoidance issues Financial Times (paywall) Juncker has refused to recuse himself formally from participating in the European commission’s final judgments on corporate tax cases. He should officially hand over all oversight for the probes to his deputy and step back … [Read more...]
Links Nov 18
Why is the largest gold mine in South America incurring losses? BBC Mundo (In Spanish) India: G20 backs Modi's pitch for repatriation of black money Business Standard India: Black money probe gets trickier as trail goes beyond Switzerland Business Today … [Read more...]
California’s tax hikes versus Kansas’ tax cuts: early results now in
From a new paper by Paul Caron of Pepperdine University and Joseph Bankman of Stanford University: "The conventional wisdom in California two years ago was that raising taxes on the wealthy would harm the economy and doom any politician who dared touch this third rail. Instead, the public … [Read more...]
Links Nov 17
G20 tax avoidance pledge 'still leaves poor countries vulnerable' The Guardian G20 tax reform plan should prevent another Lux leaks The Conversation BEPS and the Politics of Tax Power Women for Tax Justice In Finland, Tax Day Is the Best Day Foreign Policy France, a Tax Haven? Yes, for … [Read more...]
Links Nov 14
Open letter to the G20: exposing the corporate shell game is good for business – and the world - Mo Ibrahim and colleagues The Guardian Ending corporate secrecy: within our reach but slipping away Eurodad Calling on the G20 to Unmask the Corrupt Transparency International Jersey’s PR … [Read more...]
SPERI: The Finance Curse as New Grand Narrative
Links Nov 13
Rich have more influence than poor over tax reform Christian Aid Rise of Swiss gold exports to India raises questions swissinfo Madoff Trials in Geneva Loom Six Years After Fraudster Confessed swissinfo "Madoff’s deception was a blow to Geneva’s reputation as a safe place to do … [Read more...]
Links Nov 12
Hidden Profits: The EU's role in supporting an unjust global tax system 2014 Eurodad Position Paper: UN FFD: What Outcomes Should be agreed in Addis Ababa in 2015 Eurodad EU's Juncker takes political responsibility for Luxembourg tax deals Reuters "I am not the architect of what you could … [Read more...]
Success in Barclays tax haven campaign
From ActionAid, some excellent news: "53,000 people taking action, hundreds of us writing to our MPs, thousands of passionate messages and one Father Christmas later, I’m really pleased to be able to tell you that Barclays have committed to stop promoting tax dodging through tax havens to … [Read more...]
Links Nov 11
C20 calls on G20 to act on inequality, tax avoidance and climate change ABC News Does Australia have the stomach to go after corporate tax avoidance? Crikey See also: Australian Treasurer Joe Hockey's constituents not buying the Treasurer's tough on tax avoidance talk The Sydney Morning … [Read more...]
The Offshore Wrapper: a week in tax justice #39 – a Luxembourg Special
Throw the Junck out When Jean-Claude Juncker (pictured) was elected as the president of the European Commission last May, staff at Wrapper Towers had to go into a darkened room. Others went straight to the bar. … [Read more...]
Links Nov 10
Global Tax-Evasion Crackdown Sidestepping Poorest Countries Inter Press Service Australia Says G-20 Committed to Fighting Tax Avoidance The Wall Street Journal (paywall) See also G20 takes aim at anonymous companies FInancial Times (paywall), and earlier blog Open letter to G20 leaders – … [Read more...]
Links Nov 7
‘Lux Leaks’ Revelations Bring Swift Response Around World ICIJ Tax: State aid probes set to intensify in wake of leaks swissinfo Ireland Gets Lucky With Luxembourg's Tax Scandal Bloomberg View Jean-Claude Juncker, Top E.U. Official, Faces Rising Furor Over Luxembourg Tax Revelations The … [Read more...]
Links Nov 6
Today's links focus first on media coverage of the Luxembourg tax leaks (as featured in blog posts earlier today), followed by news on other jurisdictions. Luxembourg tax leaks put pressure on G20 leaders to act on loopholes The Guardian EU to press Luxembourg over tax breaks amid fresh … [Read more...]