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Links Nov 23

Tax evasion: MEPs back automatic exchange of bank data to track account owners European Parliament

Dutch journalist facing prison term in Panama for criminal libel The Guardian
‘This prison sentence sends a signal that critical journalism on fraud and corruption is not possible in Panama’

Stiglitz and Pieth Panama Papers Report: A Roadmap for Global Transparency in the 21st Century Financial Transparency Coalition

Corporate Tax Wars: May tries to trump Trump in a race to the bottom

November 21, 2016   Blog, Corporate Tax, Taxing corporations

The British Prime Minister today hinted that she is considering further corporate tax cuts and increases in corporate welfare after US President elect Donald Trump signaled he would seek to slash the US federal corporation tax rate to 15%. Theresa May’s speech signals a renewed commitment by her government to what it misleadingly called ‘tax competition’. In our view, the policy is an act of economic recklessness which puts the UK at the head of a global race to the bottom on corporate taxation that the world really does not need.

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