U.S. Treasury moves against tax-avoidance 'inversion' deals Reuters See additional links to press and blogosphere coverage via TaxProf Blog, and AstraZeneca shares fall as Obama thwarts tax inversion deals The Guardian U.S. Business Shows Continuing Concern Over BEPS Tax-News U.S. Business … [Read more...]
Inequality & Democracy
Links Sep 22
G20 countries agree to exchange tax information to stamp out evasion The Guardian See TJN commentary on the OECDs Automatic Information Exchange Standard here. See also: India: From today, a new beginning to end global bank secrecy: G20 The Economic Times Ireland: Pressure rises to close tax … [Read more...]
Anatomy of a tax haven: how the finance curse strikes Jersey
The investigative newspaper Médiapart, which is fast gaining a reputation in France for hard-hitting reporting, has a special report on Jersey, Britain's (and to a lesser extent France's) favourite tax haven. It is fascinating, not least because it explicitly references our work on the Finance … [Read more...]
Three Illicit Flows Targets for the Post-2015 Framework
From Alex Cobham at the Center for Global Development, with hat tip to Tax Research. For an earlier article about the post-2015 framework, please click here. Three Illicit Financial Flows Targets There is broad consensus on the need for the post-2015 successor framework to the Millennium … [Read more...]
UNCTAD: the time for tax justice has come
A press release about the latest UNCTAD Trade and Development report 2014: "Governments, from rich and poor countries alike, should be able to finance the investment and other public spending required to meet the demands of their citizens for a more prosperous and secure life. Mobilizing domestic … [Read more...]
On the human rights of bad guys
There's been a lot of talk recently in the human rights field about tax justice issues - and rightly so. Now a new academic book to add to the collection, considering things from a different angle. It's called The human rights of bad guys: corruption, asset recovery, and the protection of property … [Read more...]
Links Sep 12
Tax justice – in it for the long haul Christian Aid Three Illicit Flows Targets for the Post-2015 Framework Center for Global Development How tax inspectors could prevent the next Ebola outbreak The Conversation See also recent blog: Tax Inspectors Without Borders – an update The … [Read more...]
Will the UN take serious action to stop the loss of trillions of dollars to tax abuse?
From Prof. Thomas Pogge: "Intense negotiations are going on at the United Nations about the formulation of the new sustainable development goals (SDGs) and the targets and indicators to be used for specification and measurement. Starting 11 September, the president of the general assembly will host … [Read more...]
Links Sep 11
Fiscal justice to reduce inequality in Latin America and the Caribbean Oxfam International Taxes: the structural reform pending in Latin America BBC World (In Spanish) Hat tip: Jorge Gaggero Swiss Minister’s offshore business to be re-investigated swissinfo … [Read more...]
Links Sep 10
The Creation of International Financial Centres in Africa: The Case of Kenya Anti-Corruption Resource Centre Elderly Lobbyist Always Droning On About How Little Legislation Cost In His Day The Onion A Made-in-America Offshore Tax Haven Newsweek Developing Countries Losing Billions To … [Read more...]
Basic income: the world’s simplest plan to end poverty
From an article on Vox, explaining the concept: "Basic income" is shorthand for a range of proposals that share the idea of giving everyone in a given polity a certain amount of money on a regular basis. A basic income comes with no categorical eligibility requirements; you don't have to be blind … [Read more...]
Links Sep 8
Australia: Calls grow for inquiry into tax avoidance tactics of multinationals The Sydney Morning Herald See also: Shifting sands: push for government to crack down on corporate profits The Sydney Morning Herald Myanmar: Crackdown on tax dodgers has tycoons racing to file income declarations, … [Read more...]
Academics Stand Against Poverty report on illicit financial flows
Academics Stand Against Poverty have published the results of a survey of experts views on how to tackle illicit financial flows. TJN took part in this survey and we are pleased (though not surprised) that so many of our core campaign demands rank high on the list of … [Read more...]
Links Sep 5
Developing Countries Could Reap Trillions By Squashing Financial Secrecy, Paper Says Wall Street Journal 'Giant international companies receiving undue tax exemptions' IPPNews "Mega International companies operating in Tanzania, Zambia and Angola are receiving undue tax exemptions through … [Read more...]
Finally, financial crime begins to embarrass Delaware
In July we wrote a blog entitled Delaware corporate secrecy and crime: a long-awaited debate begins, with some welcome news about shifting attitudes in Delaware about its business of building state revenues by (among other things) welcoming international and U.S. criminal money. Now, an update. … [Read more...]