Civil Society Response to the Financing for Development Elements Paper Eurodad Press release: Standard Chartered publicised tax avoidance strategy for use in some of the world’s poorest countries ActionAid Le Prix A Payer is France Inter’s “Les Choix de Inter” [pick of the week] African … [Read more...]
Race to the Bottom
Links Jan 29
Global Tax Transparency Rising in 2015 As FATCA, OECD Initiatives Gain Momentum Bloomberg BNA Luxembourg investigation: EU parliament suggests LuxLeaks inquiry committee setup Luxemburger Wort Vatican foiled over bid to hide Swiss bank data The Local Japan unveils plans to impose 'exit … [Read more...]
Links Jan 28
Poverty in the Cayman Islands Tax Research UK See also: The Finance Curse U.S.: Congress Should Pass the Stop Tax Haven Abuse Act to Combat International Tax Avoidance Citizens for Tax Justice Puerto Rico Expands Tax Haven Deal For Americans To Its Own Emigrants Forbes Consider also: Tax … [Read more...]
Links – Jan 26
Luxembourg Charges Second Ex-PwC Employee Over Tax Leaks Bloomberg See also recent blogs Will Antoine Deltour become a prisoner of conscience? and Tax haven whistleblowers: where are the human rights organisations? Davos is starting to get it – inequality is the root cause of stagnation The … [Read more...]
Links Jan 23
G20: what was achieved in 2014? Eurodad Where next for the EC tax probe? economia Green Party leader Eamon Ryan criticises Fine Gael for not backing Lux Leaks tax inquiry The Irish Times UBS France: again, the whistleblower faces her former employer Le Temps (In French) UBS whistleblower … [Read more...]
Links Jan 22
How Country By Country Reporting Could Have Made LuxLeaks Unnecessary Financial Transparency Coalition / Transparency International Are anonymous companies a ‘getaway vehicle for corruption’? The Guardian European Commission explains how Amazon made $4.5 billion in ‘stateless’ profits … [Read more...]
Links Jan 21
The Business Case for Ending Anonymous Companies: a Collective Effort The B Team Transparency: Cracking the shells - New rules in the European Union take aim at corporate secrecy The Economist Kenya’s capital gains tax stirs uproar CNBC Africa … [Read more...]
Quote of the day: we are entering the age of tax wars
From Mark Textor, adviser to Australian Prime Minister Tony Abbott: "We are entering the period of tax wars instead of trade wars," he said. "People vote in governments to solve the problem, and giant multinationals not paying tax is a problem." One for the Tax Wars page. Hat tip: Mark … [Read more...]
Links Jan 20
BEPS Action 14: Make Dispute Resolution Mechanisms More Effective BEPS Monitoring Group Review of Islands at the Bush Theatre London Londontheatre1.com Corporate Tax Behavior Can Be Changed By Public Pressure [Study] ValueWalk Richest Russians Repatriate Assets as Putin Turns Tax Screw … [Read more...]
Links Jan 19
Ex-Swiss banker found guilty in WikiLeaks trial, avoids jail Reuters See also recent blogs Will Antoine Deltour become a prisoner of conscience? and Tax haven whistleblowers: where are the human rights organisations? U.S. regulators question whether Credit Suisse has rule-breaking culture … [Read more...]
Links – Jan 16
Company beneficial ownership register to open in April 2016 STEP New UK corporate transparency measures allow applications for anonymity. See also: UK: Implementation of Company filing requirements and corporate transparency measures and the register of people with significant control ("PSC … [Read more...]
Links Jan 15
Switzerland unveils draft laws to dismantle bank secrecy Financial Times (paywall) "The Swiss government has taken a further step towards dismantling its once untouchable bank secrecy laws, by unveiling draft legislation that would pave the way for automatic information exchange about offshore … [Read more...]
Links Jan 14
Tax evasion/Luxembourg leaks: EU Parliament inquiry committee gains cross-political support and must be swiftly put in place The Greens / European Free Alliance in the European Parliament See also: MEPs urge Schulz to set up inquiry committee on tax evasion EurActiv Credit Suisse to Face Nader … [Read more...]
Links Jan 13
OECD Global Forum agrees to Luxembourg transparency review Luxemburger Wort Billions of rands leave South Africa under the radar Times Live FDI inflows: Who is investing in India and in what sectors? Financial Express "While Singapore and Mauritius have swapped places as top investors in … [Read more...]
Links Jan 12
WikiLeaks Banker Called Traitor as Prosecutor Seeks Jail Bloomberg See also recent blogs Tax haven whistleblowers: where are the human rights organisations? and Show trial of Swiss whistleblower Elmer now in 9th year Luxleaks: Parliament could still set up a committee of inquiry euranet … [Read more...]
