Links Feb 23

Cayman Islands Financial Services: Publication of Beneficial Ownership Consultation Submissions

The Quiet Man Who Made Big Trouble for Little Luxembourg Bloomberg
See also: ‘I am not a martyr’, says LuxLeaks whistleblower facing jail Financial Times (paywall), and recent blog Will Antoine Deltour become a prisoner of conscience?

Revealed: Swiss account secret of HSBC chief Stuart Gulliver The Guardian
The HSBC chief executive who has vowed to reform the crisis-hit bank, sheltered millions of pounds in a Swiss account through a Panamanian company and remains tax domiciled in Hong Kong. See also: HSBC CEO used offshore accounts to hide bonus payments from colleagues Fortune

Why the World Is So Bad at Tracking Dirty Money Bloomberg

India: Black money probe: HSBC gets summons from Income Tax Department, fears huge fines The Financial Express

Pakistanis too have their Swiss Accounts; 338 Pakistanis with $859 million The Milli Gazette

Keiser Report: Interview with TJN’s Nicholas Shaxson, author of Treasure Islands: Tax Havens And The Men Who Stole the World  RT
On HSBC and the cronyism of banks, government and media, Nick’s interview begins at 13 minutes. Also well worth watching the following interview with Joel Benjamin @Gian_TCatt on PFI’s, secrecy and tax havens.

Irish Revenue collects €1bn from special investigations The Irish Times

A relic of empire that created a tax colony Financial Times (paywall)
Richard Brooks @rbrooks45, author of The Great Tax Robbery, writes on the antique non-dom tax break that needs junking

Peter Jones: Bank scandals breeding new politics The Scotsman

HSBC US committee takes month off political donations ICIJ

HSBC blames ‘challenging year’ for profits drop Channel 4



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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

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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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