Links Feb 20

   0   0 Blog, Corporate Tax, Finance Sector, Inequality & Democracy, Secrecy

What Russian money sloshing back to Cyprus teaches us about tax havens Quartz
“Building a financial system to serve foreign clients first doesn’t necessarily improve a country’s fiscal condition, as fiscal collapses in places like the Caymans have shown before.” See also this months Taxcast featuring the Bahamas.

Austria slightly shifts position on banking secrecy Austrian Times

Switzerland to speed up measures against tax evasion EurActiv

Tax Evasion: the agreement with Switzerland was a bitter defeat for the United Kingdom Le Monde (In French)

Taxing rich foreigners: Alpine tax haven fears for its survival swissinfo
More on the growing trend of residence shopping

Singapore, Now World’s Fastest Growing Wealth Management Hub, Not Free From Tax Evasion And Other Crimes International Business Times

Guernsey Targets Emerging Economies mondaq

Ben Chu: Fair Tax Mark is pro-market The Independent

To identify hidden owners Fædrelandsvennen (In Norwegian)
“As many as 130,000 Norwegians may be holding assets abroad that are not registered with the tax authorities, estimates the Norwegian Tax Justice Network in a new report.”

India: All you wanted to know about the Vodafone tax case The Hindu Business Line

Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts U.S. Senate, Permanent Subcomittee On Investigations
Witnesses for the hearing on 26 Feb will include representatives from a Swiss bank and the U.S. Department of Justice.

IRS’s Offshore Voluntary Disclosure Program: 2009 Participation by State and Location of Foreign Bank Accounts U.S. Government Accountability Office (GAO)

The Inequality Debate Heats Up! Huffington Post
Comment by Séamus Finn.

Rich Countries’ Dirty Money Project Syndicate

Australian Prime Minister Tony Abbott must achieve ‘concrete results’ or risk losing G20 influence, says Wayne Swan Sydney Morning Herald
Former treasurer Wayne Swan has warned that Australia risks losing global influence unless this year’s G20 summit achieves concrete results on issues such as multinational tax avoidance.

Related Posts

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 […]


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 […]


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 […]


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 […]


Will the G20 ever end the global problem of tax avoidance and tax evasion?

HamburgAhead of the G20 Summit in Hamburg this week our own George Turner has published this op-ed in the German newspaper Die Tageszeitung today. The article discusses why, despite sustained political engagement from world leaders, we are still some way from solving the problem of tax avoidance and tax evasion. Here’s an English translation of the article:


Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top