By the rivers of BabyLon-don The London property market is awash with offshore cash. Studies from estate agents show that 90% of newly built luxury property is bought by overseas buyers, often acting though an offshore vehicle. … [Read more...]
Regular Features
The Offshore Wrapper: a week in tax justice #53
Luxembourg in art attack You’d think tax havens have their hands full with exotic financial products and shell companies. Well now they are trying to cash in on a new form of financial secrecy – high value art. … [Read more...]
The Tax Justice Research Bulletin – 1(2)
February 2015 This is the second Tax Justice Research Bulletin, a monthly series dedicated to tracking the latest developments in policy-relevant research on national and international taxation. … [Read more...]
Offshore Wrapper #52 – a year in tax justice
Gulliver’s circuitous travels More details of HSBC account holders continue to emerge. The latest embarrassing tale concerns Stuart Gulliver, the CEO of the godawful bank. Born in Derby, England, and educated in lush, leafy Devon, he now works in London. But despite his obvious English roots, … [Read more...]
The Tax justice Network’s February 2015 Podcast
Just what does a bank have to do to lose its licence?! We look at the fall out from #HSBCLeaks and ask how can we genuinely tackle criminality in global finance? Also: the latest research on fines and crimes in banking; why a recent threat to have UK Crown Dependencies and Overseas territories … [Read more...]
The Offshore Wrapper: a week in tax justice #51
No tax please, we’re British Where to start with HSBC and the SwissLeaks scandal? How about with the UK government’s wilful negligence when it comes to dealing with tax evasion? … [Read more...]
The Offshore Wrapper: a week in tax justice #50
Blood diamonds in Africa, terrorism in the Middle East, drug cartels in Mexico and tax evasion in Switzerland. HSBC truly is the world’s loco bank. … [Read more...]
The Offshore Wrapper: a week in tax justice #49
The African Union gets tough on illicit financial flows African Union leaders meeting in Ethiopia last weekend adopted a report from Thabo Mbeki’s UN High Level Panel on Illicit Financial Flows. … [Read more...]
The Tax Justice Research Bulletin – 1(1)
January 2015 The Tax Justice Research Bulletin is written by Alex Cobham This is the inaugural Tax Justice Research Bulletin, the first of a monthly series dedicated to tracking the latest developments in policy-relevant research on national and international taxation. This issue looks at a … [Read more...]
The Offshore Wrapper: a week in tax justice #48
Greece is the word Syriza’s election triumph in Greece has provoked media and financial markets hysteria. Overnight the Euro hit a ten year low against the dollar. Here at Wrapper Towers we have been reflecting on the politics of debt reduction and would like to sprinkle some facts. … [Read more...]
Offshore vs Football in the January 2015 Tax Justice Network podcast
In the January 2015 Taxcast: how offshore is ruining the 'Beautiful Game': the Taxcast scrutinises football's own goal. Also: how banks with criminal convictions are being allowed to continue to handle our money, how people may be allowed to apply for anonymity in the UK's new register of beneficial … [Read more...]
The Offshore Wrapper: a week in tax justice #47
Dodgy tax deals constitute illegal state aid? Even before the LuxLeaks scandal broke, the European Commission had been undertaking an investigation of advance tax agreements between companies and tax havens. … [Read more...]
Mafia, #LuxLeaks and more scandal in the Tax Justice Network December podcast
In the December 2014 Taxcast: how Mafia is corrupting democracy at the heart of Europe in Italy's capital city of Rome. Also: the #LuxLeaks whistleblower is arrested and makes his first public statements on why he did it, the UK Chancellor's new 'Google Tax', is the EU Commission President Jean … [Read more...]
Links Oct 2
Australia: Business leaders to face parliamentary inquiry on tax avoidance The Sydney Morning Herald See also: Global crackdown on tax havens fails to sway Australian companies, Government warned that ATO not up to catching tax avoiders, and our earlier blog Third of Australia’s big corporations … [Read more...]
The Offshore Wrapper: a week in tax justice #26
Maverick puts corporate inversions in the firing line Mark Cuban, the billionaire American investor and owner of the Dallas Mavericks, took to Twitter last week to say he would be dumping shares in any company that moves offshore for tax purposes. … [Read more...]
