Dirty Money UK BBC Radio 4 More taxes will help fight inequality: economist BusinessTech Piketty "promotes wealth redistribution as key to development". See also Piketty's address to the 2015 Nelson Mandela Annual Lecture EU agrees greater transparency on tax deals after LuxLeaks scandal … [Read more...]
Secrecy
Links Oct 6
Turkey: AKP should see taxation as a tool for development, not punishment Hurriyet Interview with Leyla Ate?, a member of the BEPS Monitoring Group (BMG) The Rise of Europe’s Unlikeliest Tax Haven Ozy Cites TJN'S Nicholas Shaxson, author of Treasure Islands: Tax Havens and the Men who Stole … [Read more...]
Switzerland: still the home of secret banking
There's been a lot of press about Swiss banking secrecy being finished, because of certain improvements that have been made. We periodically issue reminders that this ain't so, for many reasons. Just for instance: Swiss Banking Secrecy laws, in the spirit of the famous 1934 Swiss Banking Secrecy … [Read more...]
Links Sep 24
Why dirty money still plagues Switzerland swissinfo “The problems arise only from the moment the PEP becomes a persona non grata in the eyes of the Swiss government or other international organisations.” Why the German tax authority is protecting Apple Zeit (In German) By TJN's Markus … [Read more...]
Links Sep 23
Finance ministers call for minimum EU tax rate Politico Australia: Tax office did not go to police over fears wealthy would be kidnapped – inquiry The Guardian See also: Do you want Australia's megarich to be kidnapped? Do you? Then let them hide their tax First Dog on the Moon via The … [Read more...]
Links Sep 21
Singapore Urges Need For Tax Competition After BEPS Tax-News But tax competition, or rather tax wars, are harmful, see the Fools' Gold blog on What is (tax) competitiveness? Hunt for Tax Cheats Leads U.S. Government to Banks in Belize Bloomberg Apple Inc., Amazon See Mounting Tax … [Read more...]
Links Sep 17
Bank lobby decries regulation “overload” swissinfo 'The Swiss Bankers Association has waded into the ongoing anti-tax evasion political debate' U.S. tax-evasion probe expands to Belize USA Today See also: IRS Hunts Belize Accounts, Issues John Doe Summons To Citibank, Band of America … [Read more...]
C20: new civil society policy paper on tax justice
Adapted from the Global Alliance for Tax Justice. Organisations from 91 countries from around the world, representing close to 500 civil society organisations and almost 5,000 individuals, have been working together for the last 18 months via the Civil 20 (C20) to engage with G20 governments on … [Read more...]
Links Sep 16
President Juncker must endorse public scrutiny of multinational tax payments Transparency International European Parliament tax investigation: Lobbyists from non-compliant firms to lose access to EU Parliament Sven Giegold Finland: Minister on board of tax haven firm YLE Minister of … [Read more...]
Links Sep 15
EU must force more transparency from companies in Africa - Piketty Reuters Event: Gabriel Zucman presents “Hidden Wealth of Nations: The Scourge of Tax Havens” Washington Center for Equitable Growth Taxing Africa’s richest and poorest Ventures Africa Swiss firms avoiding tax on gold, says … [Read more...]
Holes in new OECD handbook for global financial transparency
The OECD, a club of rich countries that dominates rule-setting for global financial transparency standards, recently published a Handbook for implementing its new global tool for countries to co-operate in fighting tax evasion, known as the Common Reporting Standard (CRS). The new handbook is part … [Read more...]
Links Sep 11
Greens call for stronger recommendations to fight corporate tax avoidance in Europe The Greens / European Free Alliance in the European Parliament Transparency & the State of the Union Transparency International On Jean-Claude Juncker giving his first annual ‘State of the European Union’ … [Read more...]
Links Sep 10
Poor countries worry that developed nations drive tax agenda Business Day Live UK: Revenue & Customs 'winding down' inquiries into HSBC Swiss tax evaders The Guardian "After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one … [Read more...]
Links Sep 9
EU tax haven blacklist—a misguided approach? LexisNexis TJN's Markus Meinzer and Andres Knobel on the misleading nature of the EU tax haven blacklist, and why blacklists might not be the right approach to tackle tax dodging. (This article was first published on Lexis(r)PSL Financial Services on 7 … [Read more...]
Links Sep 7
New FTSE100 survey should boost moves towards corporate tax transparency Christian Aid International taxation: if the rules of the game were changed? EurActiv (In French) Paying tax, a patriotic act: South African Revenue Service SABC Dubai courts Greek shipowners and operators Seatrade … [Read more...]
