Links Mar 19

New ruling highlights ongoing secrecy around Glencore tax case in Zambia Christian Aid

The world can’t afford to exclude developing countries from new anti-tax evasion system Financial Transparency Coalition

European Commission’s Tax Transparency Package keeps tax deals secret Eurodad
See also: Empty EU tax package is a drop in the bucket Sven Giegold

Spanish companies increase their presence in tax havens Sur
“A study by Oxfam has revealed that Spanish businesses have 810 subsidiaries in territories with lower tax rates”

Former HSBC boss Lord Green confronted over tax scandal Channel 4 News
See also: Former HSBC boss speaks of ‘deep regret’ at Swiss tax avoidance scandal The Guardian

Statoil’s historic disclosures blow holes in Exxon and Shell’s campaign for secrecy Global Witness
See also: ExxonMobil Demands Millions in Overpaid Taxes from Russia Industry Week / Agence France Presse

Quote for the day: tax ‘competition’ Fools’ Gold  – rethinking competition

The $62bn secret of Warren Buffett’s success Financial Times (paywall)
How Warren Buffett deferred $62bn of taxes. Hat tip: @VanessaHoulder1

UK Chancellor Osborne to tackle multinationals moving tax from UK The Irish Times

Dell hugely benefited from Irish, Dutch, Singaporean tax havens FinFacts

UK: Petition – Close the Mayfair Tax Loophole 38 degrees



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