Withdrawal Symptoms: Why tax cuts aren't the best way to incentivise work The Equality Trust Global elite continues to make billions from rigged economic system, Forbes rich list shows Oxfam America How curious $3.3 million tax holiday to Shell, Total, Eni, is killing Nigerians – Report … [Read more...]
Inequality & Democracy
Links Feb 29
Tackle Tax Evasion to Fuel Africa's Development allAfrica / The Point (Banjul) Bangladesh: MNCs abuse relaxed taxation to deprive government of crucial revenue Dhaka Tribune India To Introduce Patent Box Regime, Country-by-Country Reporting Tax-News Pakistan: Government can negotiate with … [Read more...]
Links Feb 26
We're letting oil, gas and minerals firms off far too lightly on tax The Guardian See also: EITI: Just a whitewash mechanism for extractive companies? (in Spanish) TJN Latin America & Caribbean Questions on Panama company and New Zealand trust set-up for Malta's energy minister Malta … [Read more...]
Belgian tax treaties cost developing countries millions every year
New report 11.11.11: Belgian tax treaties cost developing countries millions every year A guest blog by Jan van de Poel As a consequence of dozens of unbalanced tax treaties, negotiated by the Belgian government, developing countries miss out on at least 35 million Euros on tax revenues each … [Read more...]
Links Feb 25
Oil, gas and mining transparency initiative facing crisis of relevance and legitimacy Oxfam How North Korea Funnels Cash Into the Country Bloomberg Indonesia's wealth managers bank on tax amnesty for take-off Reuters Nigeria's parliament orders tax payments from oil traders Reuters … [Read more...]
A Leak in Paradise – screening of this extraordinary documentary film about Swiss whistleblower Ruedi Elmer
Ana Gomes (S&D) and Fabio De Masi (GUE/NGL) Members of the Intergroup on Integrity, Transparency, Corruption and Organised Crime (ITCO) invite you to the screening of - A LEAK IN PARADISE - … [Read more...]
Quote of the day: South Africa’s Finance Minister
From the 2016 budget speech in South Africa, from Finance Minister Pravin Gordhan: "We will continue to act aggressively against the evasion of tax through transfer pricing abuses, misuse of tax treaties and illegal money flows. Drawing on the work of the OECD, the G20 joint project on base … [Read more...]
New project to share tax info in the Americas
TJN’s Andres Knobel participated in a conference in Panama on February 18-19, hosted by the Inter-American Centre of Tax Administrations (CIAT) & the German International Cooperation Agency (GIZ), and involving tax administrations from Barbados, Bolivia, Brazil, Canada, Chile, Colombia, Costa … [Read more...]
On the closure of the Argentinian think tank Cefid-AR
TJN laments the closure of the Centro de Economía y Finanzas para el Desarrollo de la Argentina" (Cefid-ar), an Argentine organisation heavily involved in research on illicit financial flows. Their work has shed light on capital flight from Argentina, estimating the figures of hidden money held … [Read more...]
Links Feb 23
UN panel chief, Thabo Mbeki, urges action plans to tackle illicit financial flow from Africa UN News Centre Video: How to reform the global tax system Global Economic Governance Programme Wind of Change: IMF Chief Calls For New International Taxation System Sputnik International See also: … [Read more...]
Links Feb 22
Tax Dodging MNCs to Lose Assets in Australia Australia Network News New Zealand Consults Public On Automatic Exchange Of Info Tax-News India: Government notice to HSBC for abetting tax evasion Times of India See also: HSBC’s Swiss, Dubai units under lens for abetting tax evasion by Indians … [Read more...]
Illicit financial flows: the links to peace and security concerns
The UN Sustainable Development Goals (SDGs, the global framework guiding policy until 2030) include a target to reduce illicit financial flows (IFF), under SDG 16 on peace and security. Our research director, Alex Cobham, has written an article for the European Centre for Development Policy … [Read more...]
Apply withholding taxes to tackle tax haven USA
We get a nice name check in an article in this week's Economist, which goes after a subject we've been particularly exercised about for some time: Tax Haven USA. It cites one player in the spreading game: “It’s going nuts. Everyone is doing it or looking into it,” says a tax … [Read more...]
Links Feb 18
Breaking the vicious circles of illicit financial flows, conflict and insecurity Uncounted Fair taxes, fighting inequality essential for Peru Oxfam America Financial transparency - The biggest loophole of all: Having launched and led the battle against offshore tax evasion, America is now … [Read more...]
Links Feb 17
Ikea accused of evading over 1 billion in tax payments Global Alliance for Tax Justice Apple issues bonds worth estimated $12bn The Guardian "Move would allow the company to pay shareholders without having to repatriate any of $177bn it holds overseas at lower tax rates than in US". See also: … [Read more...]
