G20 tax avoidance pledge 'still leaves poor countries vulnerable' The Guardian G20 tax reform plan should prevent another Lux leaks The Conversation BEPS and the Politics of Tax Power Women for Tax Justice In Finland, Tax Day Is the Best Day Foreign Policy France, a Tax Haven? Yes, for … [Read more...]
Race to the Bottom
Links Nov 14
Open letter to the G20: exposing the corporate shell game is good for business – and the world - Mo Ibrahim and colleagues The Guardian Ending corporate secrecy: within our reach but slipping away Eurodad Calling on the G20 to Unmask the Corrupt Transparency International Jersey’s PR … [Read more...]
Links Nov 13
Rich have more influence than poor over tax reform Christian Aid Rise of Swiss gold exports to India raises questions swissinfo Madoff Trials in Geneva Loom Six Years After Fraudster Confessed swissinfo "Madoff’s deception was a blow to Geneva’s reputation as a safe place to do … [Read more...]
Links Nov 12
Hidden Profits: The EU's role in supporting an unjust global tax system 2014 Eurodad Position Paper: UN FFD: What Outcomes Should be agreed in Addis Ababa in 2015 Eurodad EU's Juncker takes political responsibility for Luxembourg tax deals Reuters "I am not the architect of what you could … [Read more...]
Hidden Profits: The EU’s role in supporting an unjust global tax system 2014
From Eurodad, an important new report, whose press release goes: Hidden Profits: The EU's role in supporting an unjust global tax system 2014 This report – the second in a series of three annual reports – brings together civil society organisations (CSOs) in 15 countries across the EU. Experts in … [Read more...]
Links Nov 11
C20 calls on G20 to act on inequality, tax avoidance and climate change ABC News Does Australia have the stomach to go after corporate tax avoidance? Crikey See also: Australian Treasurer Joe Hockey's constituents not buying the Treasurer's tough on tax avoidance talk The Sydney Morning … [Read more...]
Links Nov 10
Global Tax-Evasion Crackdown Sidestepping Poorest Countries Inter Press Service Australia Says G-20 Committed to Fighting Tax Avoidance The Wall Street Journal (paywall) See also G20 takes aim at anonymous companies FInancial Times (paywall), and earlier blog Open letter to G20 leaders – … [Read more...]
Why the Netherlands is the world’s largest source of FDI
Dutch FDI assets in 2012 were even larger than the United States', on some metrics. This guest blog from Francis Weyzig explains what is going on. Why the Netherlands is the world’s largest source of FDI Luxembourg is in the spotlight these days because so many multinationals shift their … [Read more...]
Luxembourg’s Sweetheart Deals: Could the OECD Stop Them?
Guest blog by Prof. Sol Picciotto, a TJN Senior Adviser. Luxembourg’s Sweetheart Deals: Could the OECD Stop Them? In an earlier comment on the Luxembourg tax leaks, we pointed out that there is no world tax authority which can judge whether the sweetheart deals it has been offering … [Read more...]
Links Nov 7
‘Lux Leaks’ Revelations Bring Swift Response Around World ICIJ Tax: State aid probes set to intensify in wake of leaks swissinfo Ireland Gets Lucky With Luxembourg's Tax Scandal Bloomberg View Jean-Claude Juncker, Top E.U. Official, Faces Rising Furor Over Luxembourg Tax Revelations The … [Read more...]
Links Nov 6
Today's links focus first on media coverage of the Luxembourg tax leaks (as featured in blog posts earlier today), followed by news on other jurisdictions. Luxembourg tax leaks put pressure on G20 leaders to act on loopholes The Guardian EU to press Luxembourg over tax breaks amid fresh … [Read more...]
Links Nov 5
TJN-A and EATGN applaud Kenya government on decision to phase out tax incentives TJN-Africa See also our earlier blog Are Kenyan tax holidays over? Indian Government Loses Major Tax Case to Vodafone CorpWatch How black money finds its way out of India, and how it comes back as white The … [Read more...]
Quote of the day: Wolfgang Schäuble on tax wars
In this article on why tax matters often need to be addressed at a global level, German finance minister Wolfgang Schäuble discusses the urgent need for new international rules to protect tax sovereignty and warns against the dangers of tax wars, commonly but misleadingly known as 'tax … [Read more...]
Links Oct 31
Capital Flight IV. Argentina, 2014: Manipulation of "Transfer Pricing" CEFID-AR (In Spanish) Transfer pricing: arms length alternatives needed European CEO See our page on Transfer Pricing here. Trial of former UBS executive dredges up Swiss banks' shady past Reuters … [Read more...]
Links Oct 30
Cartoon of the day Alex / The Telegraph More Than 50 Countries Sign Tax Deal The Wall Street Journal See also: Automatic Info Exchange Moves A Step Closer Tax-News, Why Taxation Must Go Global Project Syndicate, Fifty-one countries sign OECD pact to tackle tax cheats Reuters, and our blog and … [Read more...]
