The good news is that there are many solutions to the problems caused by tax havens. Here are five of our favourites.
Country by country reporting
Under country by country reporting, the multinationals would have to break their information down by country of operation – including in each tax haven – so that citizens and authorities can see what the corporations are doing in their countries.
Disclosure of the real life, proper, final, ultimate, ACTUAL owners of companies
Ensuring that every human who has a stake in a corporate structure – a’true beneficial’ owner – has his or her identify available on a searchable, low-cost public register. And we should slap severe sanctions on those havens that don’t shape up.
Learn more about disclosure of the true beneficial owners of companies.
We are an independent international network launched in 2003. We conduct high-level research, analysis and advocacy on international tax; on the international aspects of financial regulation; on the role of tax in society; and on the impacts of tax evasion, tax avoidance, tax 'competition' and tax havens. We seek to create understanding and debate, and to promote reform, especially in poorer countries. We are not aligned to any political party.