Update, Dec 7, 2015: a new paper in the Journal of World Business, which contains this: "Home country statutory corporate tax rates have a small impact on tax haven use. In general, corporate tax rates are an important factor in driving MNEs to set up tax haven subsidiaries. However, … [Read more...]
Inequality & Democracy
Guest blog: sun, sea, sand, tourism and fantasy finance
Where are you going on your next holiday? The chances are if you are flying to a Sun&Sea destination, it will be with a tax-dodging company. A guest blog by Linda Ambrosie. Listen to her on the Taxcast here. Do you recognize any of these names: Barceló, TUI or Melía?. In … [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...]
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...]
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...]
Fiscal Policy and Human Rights in the Americas: mobilizing resources to guarantee rights
There is a new initiative emerging from the international strategy meeting, “Advancing Tax Justice through Human Rights,” held in Lima, Peru in April 2015: Via email from Niko Lusiani of the Center for Economic and Social Rights (CESR): The first-ever thematic audience of the Inter-American … [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...]
Will civil society shake up the world of tax treaties?
When a multinational company makes a cross-border investment, the relevant tax treaty between the two countries will generally sort out which country gets to tax which part of the ensuing activity and income streams. (Read more about tax treaties here.) A key question is this: how do the ensuing … [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...]
Links Oct 13
Facebook tax bill highlights Osborne’s ‘diverted profits’ levy Financial Times (paywall) Cites TJN's research director @alexcobham: “it is simply not credible that Facebook is unprofitable in one of its more mature and active markets such as the UK. Examples like this simply serve as a reminder as … [Read more...]
