Links May 8

Turkish finance minister Mehmet Şimsek: World should fight against tax evasion like it fights against terror Daily Sabah

Estimating illicit funds in global tax havens moneylife

Taking on the banks: a conversation with Anat Admati The New Yorker

Lawmakers Embrace Patent Tax Breaks The Wall Street Journal
“U.S. considering ‘patent box’ approach similar to U.K. in piecemeal approach to reform”. See also recent blog Patent boxes: progress, or more racing to the bottom?

JPMorgan probed over role in French tax evasion case Reuters

Israel Tax Chief: We have another Swiss bank list Globes

Meet Europe’s newest tax haven and micro-state CNBC

A Seedy Deal for Americans? Monsanto in Deal Talks with Chemical Giant Syngenta Center for Effective Government
For background, see Corporate Inversions: A “Get Out of Taxes Free” Card

Italians arrest ex-Swiss banker for ‘tax fraud’ The Local

Dropbox skirts tax by channeling profits through Irish office The Australian


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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 […]


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 […]


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 […]


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 […]


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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