Links Aug 4

Sanctions on Russia: The Unintended Consequence The Banker’s Umbrella
A private banker’s view. “Make no mistake, this is what private banks crave like vampires crave blood.” See also Russia Considers Going Progressive… When It Comes To Tax Forbes, and Russian FM Provides Anti-Offshore Law Update Tax-News

CSOs Task Obama, African Governments on Transparency This Day Live
African civil society calls for US oil & mining transparency rule in line with EU standard. See also: Open Letter to President Obama from African Civil Society Publish What You Pay

Kofi Annan: The next steps for Africa to meet its potential The Washington Post
Calls for promoting the global standards needed to prevent tax evasion.

Switzerland’s Financial Identity Crisis: The Slow Death of a Secretive Tax Haven International Business Times

Mauritius Investments Into India Drop Below 10% AFK Insider

LexisNexis® Guide to FATCA Compliance (Chapter 1, Background and Current Status of FATCA) Social Science Research Network
Hat tip: TaxProf.

WSJ: Inversions Cut Corporation’s Taxes, Raise Shareholders’ Taxes TaxProf

Close loopholes that let U.S. firms avoid taxes by using inversions LA Times

Why is the City of London so clueless about Britain? Treasure Islands

HSBC is looking for sympathy after reporting a $12.3 billion profit Quartz

Related Posts

The Offshore Wrapper: the Panama Papers, one year on

Photos from the Protest outside PwC 1 Embankment Place, part of the Global week of action for tax justiceWelcome to the Offshore Wrapper – your weekly update from TJN.  Happy Paniversary! This week it’s been one year since the Panama Papers were leaked, and a number of organisations around the world have been marking the occasion though the global week of action for tax justice. In London, activists from the TJN and the […]


Protesting PwC: Professionals Without Conscience

Photos from the Protest outside PwC 1 Embankment Place, part of the Global week of action for tax justiceThis week is the global week of action for tax justice and on Wednesday 5th April activists from the Tax Justice Network and Methodists for Tax Justice held a protest outside the London offices of Price Waterhouse Coopers. The global week of action for tax justice is happening one year after the release of the […]


Germany moves forward on corporate transparency

ReichstagThe Bundesrat has today voted to recommend implementing a public register of the beneficial ownership of companies and trusts.  Great news from Germany, as the country takes an important step forward towards corporate transparency.


New estimates reveal the extent of tax avoidance by multinationals

Price Waterhouse CoopersNew figures published today by the Tax Justice Network provide a country-level breakdown of the estimated tax losses to profit shifting by multinational companies. Applying a methodology developed by researchers at the International Monetary Fund to an improved dataset, the results indicate global losses of around $500 billion a year. The figures appear in a […]


Banking Secrecy in China, its related territories and Taiwan

Hong Kong from Sky 100Foreword. The Tax Justice Network is a non partisan network of experts working towards transparency, so we do not take any position about countries’ territorial and political claims. However, we do expect countries with a de jure (legal) or de facto (in practice) influence over other territories, to take responsibility for their power. We point […]


Leave a Reply

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

Back to Top