Links Oct 29

   0   0 Blog, Corporate Tax, Finance Sector, Race to the Bottom, Secrecy

IMF calls for Caribbean tax changes Public Finance International
IMF says tax competition (or “tax wars“), & tax incentives, are harmful. For the full speech by Min Zhu, Deputy Managing Director, IMF “Unlocking Economic Growth” see report by Eurasia Review here.

Africa Must Better Target Tax To Tackle Income Inequality: IMF Tax-News
See also: New Revenues Can Offset Africa’s Rising Income Inequality IMF

Will Star Shine for South Sudan? Scrutinising South Sudan’s first post-independence oil deal Global Witness
In South Sudan’s first post-independence oil deal, the company is closely connected to a businessman convicted of a million euro fraud. No information about who owns Star Petroleum is available to the public. Instead the company’s shareholders are all other companies registered in tax havens or unknown jurisdictions.

How Far Up Switzerland’s Biggest Bank Did U.S. Tax Evasion Scam Reach? Newsweek

Too Big to Tax: Settlements Are Tax Write-Offs for Banks Newsweek

Tax – a corporate responsibility priority Eurodad

The Observer view on corporation tax: Eliminating avoidance by multinationals is vital for the good of society The Observer

Ireland: Tax relief  for foreign executives extended in Finance Bill The Irish Times
See also: Ireland’s Enterprise Minister To Promote Irish Corporate Tax Changes In US Tax-News

UK: HMRC Explains Relationship With High Net Worth Individuals Tax-News

African oligarchs splash out on London homes The Guardian

Tax Transparency: Not everyone’s opinion is invited TJN Germany Blog

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UN must defend target to curtail multinational companies’ tax abuse

Photo by Luca Santori, Creative Commons LicenseThe Tax Justice Network, The Independent Commission for the Reform of International Corporate Taxation, and the Global Alliance for Tax Justice call on the UN Secretary General to make sure the commitment to action on tax abuses by multinational companies remains part of the new UN Sustainable Development Goals.


The BVI: Responsible for worldwide tax losses of $37.5 billion a year

BVI report blogAn extraordinary report by consultants Capital Economics, for BVI Finance, claims that the British Virgin Islands are responsible for $1.5 trillion of assets invested around the world, and that these result in 2.2 million jobs and $15 billion in tax revenue. A better approximation would be that the BVI imposes global tax losses of $37.5 […]


Event: Making Tax Work for Women in the UK and Globally

Invitation_ Tax and Gender eventOn Wednesday 28th June 2017 at 16.30 our very own Liz Nelson will be speaking at an event in London that aims to bring together gender and tax justice advocates to highlight the need for coherent and gender-responsive fiscal policies to safeguard the rights of women and girls both in the UK and globally. The […]


Historic event on women, human rights and tax justice in Bogota

BogotaLast week civil society organisations, researchers, labour union activists and policy makers met in Bogota, Colombia to explore how tax justice issues can ensure governments, multinational corporations and others meet their obligations to women in order to secure their full range of human rights. The Women’s Rights and Tax Justice conference opened with a conversation […]


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 […]


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