Weeks removed, how should we view Addis Ababa Summit? Financial Transparency Coalition Jersey Royal Court may consider 'fair taxation' arguments in future trust rulings STEP Basel Institute on Governance - Luxembourg performs poorly in anti-money laundering index Luxemburger Wort More … [Read more...]
Inequality & Democracy
Links Aug 25
Global Tax Avoidance: Who's Responsible? Carnegie Council Honduras makes Carlos Slim pay pay tax arrears of at least US$ 2.5 million Equal Times Ex-Guatemala Vice President Baldetti Arrested in Tax Fraud Probe Bloomberg See also: Guatemala’s Corruption Investigations Make Swift Strides The … [Read more...]
The West African Tax Giveaway: new report
An important joint report has been published by TJN-Africa and Actionaid looking at corporate tax incentives and their impact in the Economic Community of West African States (ECOWAS) -- and in particular Nigeria, Ghana, Cote d’Ivoire and Senegal. The report's first finding is that: I. … [Read more...]
Links Aug 24
An Orphaned Tax Agenda? Sacrificing Good Governance and Tax Justice in the Addis Ababa Outcome UNIRSD The West African Giveaway: Use & Abuse of Corporate Tax Incentives in ECOWAS ActionAid See also: Nigeria, Ghana Others Lose $10bn Annually through Multinational Tax Incentives This Day … [Read more...]
Links Aug 21
European Commission: Public consultation on further corporate tax transparency All citizens, organisations and public authorities are welcome to contribute to this consultation. Deadline is 09.09.2015 Why the Retreat of Foreign Investment From Africa Means Less Looting counterpunch South … [Read more...]
Links Aug 20
The International Tax System is 'Repulsive And Inequitable.' Here's A Way To Fix It. Huffington Post Income tax helps tackle inequality Buenos Aires Herald "Increasing the income tax paid by the wealthiest would help to tackle inequality and improve income distribution in Latin America, experts … [Read more...]
Links Aug 18
Untaxed Globalisation allAfrica / Addis Fortune Development must be generated from within countries TJN-Latin America & Caribbean (In Spanish) How Latin America loses money TJN-Latin America & Caribbean (In Spanish) Meet the Hedge Funders and Billionaires Who Pillage Under the … [Read more...]
Links Aug 17
Shining a light in dark places – Senate Committee recommendations to address corporate tax avoidance welcomed TJN-Australia media release See also: Multinational crackdown as firms avoid AU$31b in Australian tax ZDNet, Joe Hockey targets 30 companies for tax avoidance Business Insider, Labor's … [Read more...]
Links Aug 13
Cayman Auditor General Alastair Swarbrick resigns - to join the OECD as a Senior Policy Adviser Cayman 27 Tax authorities urged to be more vigilant over the super-rich Financial Times (paywall) India: How the rich are building a defence against the black money law Business … [Read more...]
Is it time to assess the financial secrecy of the Vatican?
The Vatican-based Istituto per le Opere di Religione (the Institute for Religious Works or IOR, a.k.a. the Vatican Bank) probably falls into the category of the world's most controversial bank. Now, according to this long read article in today's Guardian, the bank's unaccountable bureaucracy and … [Read more...]
The Heavens: a photographic exploration of tax havens
In his essay on what he termed 'Conspicuous Leisure', economist Thorstein Veblen observed that "In order to gain and hold the esteem of men it is not sufficient merely to possess wealth or power. The wealth or power must be put to evidence, for esteem is only awarded on evidence. And not only does … [Read more...]
Links Aug 12
Africa loses over billion annually in tax evasion, says Tax Justice Network-Africa Afrika Reporter Africa urged to tighten loopholes for effective revenue collection Coastweek Civil society groups in Kenya push for laws to criminalise tax evasion Standard Digital Canada: Organize a vote … [Read more...]
Who are the real “marauders”?
ma+raud verb. to search (a place) for plunder On Monday this week the Guardian newspaper splashed a headline across its frontpage about a comment from UK minister of foreign affairs Philip Hammond accusing "marauding migrants" of threatening the standard of living of Europeans. … [Read more...]
Links Aug 10
Swiss banks step up battle for Asia's super-rich Reuters See also: Coutts Millionaires to Reverse Loss at UBP Asia Private Bank Bloomberg Brazil tax amnesty plan may struggle to lure back offshore assets Reuters Petrobras Oil Scandal Leaves Brazilians Lamenting a Lost Dream The New York … [Read more...]
The power of corporate propaganda: review of ‘The Mythology of Business’
Why did the vibrant social democratic traditions of Europe and North America collapse so swiftly in the face of the pervasive propaganda of the neoliberal project? … [Read more...]