Links May 21

Alan Rusbridger: press can’t afford to cover corruption and tax avoidance The Guardian
“Guardian editor-in-chief says newspapers retain the power to hold companies to account, but their declining fortunes are making it difficult”

Lux Leaks Scandal. Juncker Gets A Step Closer to Hot Seat European Business Express

LuxLeaks: Grand Duchy puts limits on transparency EU Observer

EU parliament cracks down on shell firms EU Observer

Uganda needs to tackle illicit financial flows New Vision

Large companies and tax management Centro Interamericano de Administraciones Tributarias – CIAT, (In Spanish)

Swiss banks in U.S. criminal probe face longer wait -U.S. ambassador Reuters

Black money case: India to hold direct talks with tax havens FirstPost

UK ‘non-doms’ urged to step up offshore tax plans Financial Times (paywall)
“Some wealthy UK “non-doms” are being advised to accelerate plans to transfer money to offshore trusts in case tax rules are tightened.”

UK: Tories could cut a fifth of staff at department that chases tax dodgers, union warns Mirror

Will corporate tax abuse end? Tax Research UK

Guilty Pleas and Heavy Fines Seem to Be Cost of Business for Wall St. The New York Times Dealb%k

Ethics in finance: stuck at mediocre MarketPlace\

Yahoo’s Tax-Free Plans for Alibaba Stake Clouded by IRS Bloomberg

EU to investigate claims McDonald’s avoided $1bn in tax The Guardian


Related Posts

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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