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...]
Race to the Bottom
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...]
Tracking corporate tax breaks: a welcome new form of transparency emerges in the U.S.
Cross-posted with Fools' Gold: Across the world, corporations are showered with tax breaks and other inducements in the name of 'competitiveness.' In most cases these tax breaks don't affect investment decisions in any way. They are pure giveaways. In many countries it's been hard to track the … [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...]
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...]
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...]
Joseph Stiglitz: Why America (and Britain come to that) are on the wrong side of history
Influential economist Joseph Stiglitz has published an article in the Guardian newspaper in which he argues that the USA (and we would add the UK and other major OECD countries) is systematically blocking attempts by other countries to strengthen global governance. … [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...]
Links Aug 6
Joseph Stiglitz: America is on the wrong side of history The Guardian "The US has become an obstacle to reshaping international laws for tax, debt and finance" Luxembourg’s Euro Note Love Affair Raises Eyebrows Over Taxes Bloomberg Debt-Ridden Puerto Rico Plans to Become Tax Haven to Attract … [Read more...]
Links Aug 5
Women’s Working Group on the FfD3 outcome document CSOs for the 3rd Financing for Development Conference See also recent blog: “Global Tax Body: After 3 days of bullying, developing countries were run over” New report on banks’ tax avoidance: Transparency is key to fight tax dumping Sven … [Read more...]
Links Aug 4
A Defeat for International Tax Cooperation Global Alliance for Tax Justice / Project Syndicate See also: Tax body blow in Addis weakens developing nations Mail & Guardian, and recent blog: Global tax body: “After 3 days of bullying, developing countries were run over” Tax inspection depends … [Read more...]
