Links Sep 3

It Is Time To Unmask The Corrupt in Switzerland Transparency International

Banks agonise over US tax evasion ‘guilt’ swissinfo

Most Dutch banks are ‘vague’ about tax avoidance: fair banking report DutchNews.nl

Who Are You Calling Corrupt? Good Governance Begins at Home ThinkAfricaPress
“Is claiming to be a leader in international development whilst presiding over structures that facilitate the loss of billions from Africa not a form of corruption itself?”

4 ways to end the ‘trillion-dollar scandal’ devex
See also blog earlier today: The Trillion Dollar Scandal – ONE’s new report and global campaign

G20 must halt global game of tax avoidance by fighting anonymous shell companies and tax havens This Is Money

Mining tax deal puts a freeze on Australians’ superannuation for the next seven years Daily Telegraph
Billionaire mining magnate MP Clive Palmer denies conflict of interest in govt deal to abolish mining tax. See also: Australia to repeal mining tax Tax-News

Zambia waives VAT rule for mining firms, other exporters Reuters

Ireland’s employment minister defends his country’s tax status Mandurah Mail

Liechtenstein news: Banking sector grows in first half 2014 despite “end” of bank secrecy Financial Secrecy Media Monitor

Shells in Seychelles: Republic Fills Void as Home for Tax Avoidance Bloomberg BNA

Bahamas Ex-Attorney General: ‘We’re Up To’ Coping With Automatic Tax Information Tribune242

Russian bank hires two former U.S. senators The Center for Public integrity


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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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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:

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