Links Aug 7

OECD Releases New Peer Review Reports Tax-News

Part 1 of a Report to G20 Development Working Group on the Impact of BEPS in Low Income Countries OECD
See also: OECD releases public request for input on BEPS Action 11. For TJN’s briefing on BEPS, see here.

Follow the money to root out threat of financial crimes The Hill

Special Report: How scams and shakedowns brought Ukraine to its knees Reuters

Bangladesh – Raise tax collection: UNESCAP The Daily Star

Banking Secrecy May Not Be Over: The Indian Predicament International Policy Digest
See also: Minister of State for Finance Nirmala Sitharaman says govt has created legislative framework to tackle black money issue First Post

Russian Finance Ministry to exclude Malta from offshore zones RAPSI

The 1% May Be Richer Than You Think, Research Shows Bloomberg
“The more money that you have, the easier it becomes to hide that and avoid taxes”. See also video How the Top 1% Hoard Their Cash Offshore

Court Deals Blow to KPMG, Others Marketing Bond-Linked Tax Shelters Bloomberg BNA

Jersey To Oust Abusive UK Tax Scheme Promoters Tax-News

Africa Leaders Summit: America’s dirty little secret The Hill

America’s tax-cut obsession is colliding with reality in Kansas Quartz

Obama Aides Let Delphi Use Tax Tactic President Assails Bloomberg
See also: Walgreen Stays in U.S. as It Buys Rest of Alliance Boots Bloomberg On how the Obama administration actually helped one US company do an offshore tax inversion, Bern HQ for Walgreens off the cards swissinfo, and TaxProf’s list of links in More Tax Inversion News

Sheppard on International Tax: What’s Gonna Work? Teamwork. Tax, Society and Culture Blog

Standard Chartered faces fresh US fines over money laundering rule breach The Guardian

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