Cross-posted from Uncounted: Alex Cobham Much of the #SwissLeaks data has been in the hands of tax authorities for 5 years. Many of the questions raised relate to individuals and to particular regulators and governments – but there’s also a broader question that goes to the type of solutions … [Read more...]
Secrecy
British government can (and should) impose public registries on its overseas territories
Ed Miliband, leader of Britain's main opposition party, has written to the local governments of the U.K. Overseas Territories (OTs) and Crown dependencies (CDs), advising them that, if elected, a Labour government would require them to publish publicly available registers of the ultimate beneficial … [Read more...]
Links Feb 4
Multinationals channel more money through "hubs" in Singapore, Switzerland than ever before, Australian Taxation Office says The Sydney Morning Herald Boost for Juncker as possible probe by MEPs into LuxLeaks scandal now in the balance The Bureau of Investigative Journalism See also earlier … [Read more...]
Links Feb 2
Obama planning to tax US firms' foreign profits in blow to Ireland Irish Independent See also: It’s time to smell the coffee and start cooperating on international tax Tax Research UK Companies debate merits of ‘fair tax’ kitemark Financial Times (paywall) "For the UK’s second-largest energy … [Read more...]
Mbeki Report On Financial Crime Will Shift Global Tax Debate, Says Christian Aid
UPDATE: The report of the High Level Panel on Illicit Financil Flows chaired by President Mbeki was adopted by the African Union Summit meeting on 31st January 2015. This represents a major milestone for the global tax justice movement. Campaigners throughout Africa can now push their … [Read more...]
Links Jan 30
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...]
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...]
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...]
