In early September 2017, ten years after the collapse of UK bank Northern Rock, TJN will be publishing a special edition of Tax Justice Focus, guest edited by Professor Daniel Mügge (University of Amsterdam) which draws on fresh research from the EU-funded Enlighten programme. In this article … [Read more...]
Finance Sector
Our March 2017 podcast: staggering numbers on the high cost of our finance sectors, plus more
In our March 2017 Taxcast: the high price we’re paying for our finance sectors – we look at staggering statistics showing how the US finance sector is a net drag on their economy. Also, as the British government initiates Brexit divorce negotiations to leave the EU, we discuss something they ought … [Read more...]
Links Mar 17
The problems with measuring tax systems SPERI 'In debates about tax policy we need to de-emphasise the role of economics and measurement and rekindle the politics'. Blog by TJN's Nicholas Shaxson, author of Treasure Islands: Tax Havens and the Men Who Stole the World. Re-framing tax spillover … [Read more...]
Links Mar 13
Corporate taxation key to protecting human rights in the global economy CESR UN urges US to not exploit American Samoa The Guam Daily Post 'The United Nations has "strongly urged" the United States to refrain from using American Samoa as, among other things, a tax haven'. A significant shift? … [Read more...]
Links Mar 10
Public Beneficial Ownership Registries- A Shot In The Arm In The Fight Against Illicit Financial Flows Financial Transparency Coalition European Parliament takes on financial crime with tough proposals Sven Giegold More evidence in the case against Luxembourg FT Alphaville … [Read more...]
Links Mar 9
Taxes & Women's Rights? Global Alliance for Tax Justice See also: Happy International Women’s Day wrapup We managed tax transparency in Pakistan. Why not everywhere else?The Guardian By Umar Cheema. See Politicians and their tax returns: a new project from Finance Uncovered MEPs vote to … [Read more...]
Links Mar 3
Trusting the Process Kleptocracy Initiative KleptoCast interview with TJN's Andres Knobel about how trusts became the next frontier in dodging taxes and shielding assets Panama Papers: European Parliament tax avoidance fact-finding mission in Luxembourg Luxemburger Wort See also: MEPs’ mission to … [Read more...]
Links Mar 1
Book Review: Capital Without Borders: Wealth Managers and the One Percent by Brooke Harrington LSE Blogs "... an important work for our increasingly unequal world". - Listen to an interview with Brooke Harrington in our December 2015 podcast MP's from Africa and Asia pledge to collaborate in … [Read more...]
New book: The Despot’s Guide to Wealth Management
There's a new book out that looks very interesting reading from Professor Jason Sharman with the rather catchy title: The Despot’s Guide to Wealth Management: On the International Campaign against Grand Corruption. It has been reviewed here in The Economist. We haven't read it yet, but this study … [Read more...]
Links Feb 27
Trusts – the hole in the EU’s response to the Panama Papers? Global Witness See also, our report Trusts – Weapons of Mass Injustice HSBC discloses tax evasion probes in India other countries Economic Times Probes in U.S., France, Belgium, Argentina ... See also: HSBC Sets Aside $773 Million for … [Read more...]
Links Feb 22
EU agrees new rules to tackle multinationals tax avoidance The Guardian Don't bank on the EU to create a reliable list of tax havens, TJN's Financial Secrecy Index is more credible. See also: EU finance minister meeting: Blacklist is whitewashing tax havens Sven Giegold Denmark would not oppose … [Read more...]
Links Feb 17
Tackling Illicit Financial Flows - Can Africa Rise to the Challenge? United Nations Economic Commission for Africa / via allAfrica New Zealand to enact tighter foreign trust disclosure rules STEP See also: Trusts – Weapons of Mass Injustice: new Tax Justice Network report Ireland: Finance … [Read more...]
Links Feb 15
Global Week of Action to #EndTaxHavens! - 1 to 7 April 2017 Global Alliance for Tax Justice ICTD Summary Brief 6: Tax and Gender in Developing Countries: What are the Issues? International Centre for Tax and Development The Political Economy of Long-Term Revenue Decline in Sri Lanka International … [Read more...]
Links Feb 13
Brazil’s corruption scandal spreads across South America The Guardian Founders of Panama Papers Law Firm Arrested on Money Laundering Charges ICIJ Swiss voters soundly reject corporate tax overhaul Reuters See also: Switzerland says no to yet more tax abuse Tax Research UK International experts … [Read more...]
Trusts – Weapons of Mass Injustice: new Tax Justice Network report
It is a fact that the trust laws of some tax havens openly promote illegality. The reality that some tax havens will not enforce foreign laws (e.g. ensuring non-recognition of foreign laws and judgements that favoured legitimate heirs and former spouses) is even publicly advertised by some offshore … [Read more...]
