Insurance industry runs for cover The global insurance industry is increasingly worried by the G20’s attempt to improve multinationals’ tax compliance. Last week, the colourful International Underwriting Association put out a press release warning members of the problems that will be caused by … [Read more...]
The Offshore Wrapper
The Offshore Wrapper: a week in tax justice #67
It’s a rich countries’ world The big event of the last week has been the UN Financing for Development (FfD) conference in Addis Ababa. Its purpose is to raise finance to reduce poverty in developing countries to meet new Sustainable Development Goals (SDGs). These SDGs will replace the … [Read more...]
The Offshore Wrapper: a week in tax justice #66
Advance Australia fair? Seemingly the days of stashing a million bucks into a secret numbered bank account in Singapore are over. … [Read more...]
The Offshore Wrapper: a week in tax justice #65
???????? ???????????? ??? ???? ?????? ??? ?? ???????? ??? ??????* Greece’s stand off with the EU’s power brokers is gripping Europe’s media. Tax justice and how sovereign states are at liberty to choose policy and set their own tax rates is at the heart of the matter. … [Read more...]
Tax Justice Research Bulletin 1(6)
June 2015. Surprising everyone by actually arriving within the stated month, here’s the sixth Tax Justice Research Bulletin – a monthly series dedicated to tracking the latest developments in policy-relevant research on national and international tax, available in full over at TJN. This issue … [Read more...]
The Offshore Wrapper: a week in tax justice #64
Britain blocks international tax reform David Cameron and George Osborne like to say they are cracking down on tax avoidance. But they are less keen to boast about how the UK is actually blocking international tax reform. … [Read more...]
The Offshore Wrapper: a week in tax justice #63
A marriage made in haven On Monday the UK Supreme Court started a landmark case on divorce settlements. Unremarkable for those of us interested in illicit financial flows, except this case involves the divorce of a certain Mr B Gohil. … [Read more...]
The Offshore Wrapper: a week in tax justice #62
Europe: the final countdown…? A series of news stories came out this week about European Union proposals to tackle tax avoidance by multinational companies and secret offshore banking. Is this one reason why that well known tax haven the United Kingdom seems desperate to leave? … [Read more...]
The Offshore Wrapper: a week in tax justice #51
FIFA officials go down in a Chuck Blazer of glory FIFA executives gathering in Switzerland this week for the coronation of the Eternal Leader Sepp Blatter have had a nasty surprise. In a dawn raid Swiss and US police mounted a joint operation to arrest and deport several high ranking FIFA … [Read more...]
The Offshore Wrapper: a week in tax justice #60
Greetings from Liberland! This week’s Offshore Wrapper comes to you from Liberland, the world’s newest tax haven. … [Read more...]
The Offshore Wrapper: a week in tax justice #58
Former IMF chief arrested for tax fraud The former head of the IMF, Rodrigo Rato, has been arrested in Spain over claims that he has illegally hidden wealth offshore to evade taxes. … [Read more...]
The Offshore Wrapper: a week in tax justice #57
The Offshore Game This week TJN released a major, ground-breaking study into offshore finance and sport. The report seeks to quantify the amount of money from offshore flowing into the UK professional football leagues. … [Read more...]
The Offshore Wrapper: a week in tax justice #56
Dial C for Corruption? Authoritarian countries and mobile phone companies present a great opportunity for money laundering and corruption. In developing countries most mobile phone services are bought though pre-paid cards which means companies handle large amounts of cash payments. As we have … [Read more...]
The Offshore Wrapper: a week in tax justice #55
Diamonds going cheap Zimbabwe MP James Maridadi has been holding the government’s feet to the fire over suspiciously low tax revenues generated by Zimbabwe’s mining sector. According to the MP the last budget statement predicts that the government will gain no revenue from diamond mining. … [Read more...]
The Offshore Wrapper: a week in tax justice #54
By the rivers of BabyLon-don The London property market is awash with offshore cash. Studies from estate agents show that 90% of newly built luxury property is bought by overseas buyers, often acting though an offshore vehicle. … [Read more...]
