Links Feb 11


Democratic Republic of the Congo: The offshore secret of Moïse Katumbi, governor of Katanga  Marianne (In French)

The Crooks Return to Cairo Foreign Policy
“Egypt’s government is happily letting exiled billionaires and convicted Mubarak cronies buy their way back home.”

Beijing loses billions as rich skip taxes CNN

Google’s inverted world needs to be challenged – and India might be the place to start Tax Research UK

Indian Tax Tribunal To Hear Vodafone Case Tax-News

IBM Challenges Indian Tax Demand Tax-News

U.S.: IBM Paid 5.8 Percent Federal Income Tax Rate Over 5 Years Citizens for Tax Justice
See also: U.S.: States Crack Down On Corporate Tax Loophole While Congress Does Nothing Huffington Post, and U.S.: Tax Breaks 2014: A $63 Billion Boon to Business The Fiscal Times

Does Microsoft pay most of its income tax in just 4 countries? Financial Secrecy Media Monitor

U.S. charges Swiss asset manager in offshore tax fraud case Reuters

Florida tax evasion trial of ex-UBS banker delayed eight months Reuters

Switzerland – a dubious specialist in corporate tax issues TJN Germany Blog / Swiss Radio SRF

Canada: Let’s hope there is more on tax fairness in the federal budget Canadians for Tax Fairness

US and UK in a fiddle over tax havens The Commentator

“The U.S. and Britain have got themselves in another fine mess over populist measures against tax havens that don’t work and smack of hypocrisy”

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New research on key role major economies play in global tax avoidance

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Launch of international research collaboration, #AltAusterity

alt austerityToday is the launch of #AltAusterity, a new, international research collaboration of which Tax Justice Network is a partner.  The project aims to stimulate public debate on the subject of austerity though high quality research. It is a response to the lack of evidence which has underpinned the current policy agenda on austerity. The project […]

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RB tax avoidance – company calls for public country by country reporting after Oxfam report reveals profit shifting

pictureOxfam has today released a report on tax dodging by RB, the company formerly known as Reckitt Benckiser and the maker of thousands of well known household products. The report looks at the 2012 restructuring of the company which saw it set up ‘hubs’ in the Netherlands, Dubai and Singapore, all well known corporate tax […]

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Half measures mean Mauritius will continue to be a tax haven for the developing world

MauritiusThere was news this week that Mauritius has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). This is an initiative from the OECD to allow countries to take measures designed to stop tax avoidance by multinational companies and put them into their existing network of […]

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G20: Pressure rising on tax haven USA

HamburgWhilst the eyes of the world focused on the isolation of the US from the ‘G19’ position on climate change, something remarkable played out elsewhere in the process. Following closely the common EU position that we highlighted a few days ago, the G20 communique devotes important space to tax justice. It’s so good we quote […]

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