Links Oct 13

Facebook tax bill highlights Osborne’s ‘diverted profits’ levy Financial Times (paywall)
Cites TJN’s research director @alexcobham: “it is simply not credible that Facebook is unprofitable in one of its more mature and active markets such as the UK. Examples like this simply serve as a reminder as to why urgent action is needed to improve tax rules and ensure that profits are declared where value is generated.” See also: Facebook’s £4327 tax bill triggers calls for more government action on corporate tax Cites TJN director John Christensen, and The real questions we should ask about Facebook and tax The Guardian, comment by @RichardJMurphy

Inequality is the great concern of our age. So why do we tolerate rapacious, unjust tax havens? The Guardian
Comment by Gabriel Zucman

Oxfam calls for a second generation of corporate tax reforms Oxfam International Blog

How MTN Uganda’s offshore stash sent URA on the hunt Observer
See also earlier blog Finance Uncovered: how Africa’s biggest cell phone firm shifts billions offshore

Nigeria: Corruption hampers tax system—TUC Daily Trust

HSBC whistleblower Falciani fails to appear at Swiss trial Reuters,
See also: Court case against HSBC whistleblower adjourned The Local, and recent Guest blog: how Switzerland corrupted its courts to nail Rudolf Elmer 

More Swiss banks ink amnesty pacts with US The Straits Times

Ex-Bank Leumi Execs to Partially Return Bonuses After U.S. Tax Evasion Probe Haaretz

Tax policy must help create equality Latindadd (In Spanish)

The Jig Is Up: Combatting Tax Fraud Forbes
Headline is overstated, but interesting tax data (as commented by @alexcobham)


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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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