The Tax Justice Network’s November 2015 Taxcast

John Christensen

Published:

23 November 2015

Reading time:

2 min

Category:

Financial secrecy ↘ Race to the bottom ↘

Tags:

In the Tax Justice Network’s November 2015 Taxcast: Why is the City of London losing so much business to New York, Hong Kong and Singapore? Our conclusions are quite different from those of a British Bankers Association report on the subject. Listen to the Taxcast here.

Plus: the crazy UK-China nuclear power station deal: a sweetener for closer ties between the two nation’s financial sectors? One year after #LuxLeaks exposed some of the cosy tax deals being done between tax authorities and multinational corporations we ask how many more ‘illegal state aid’ deals might have been done? Plus we have a special focus on the results of the latest Financial Secrecy Index 2015 released this month: we look at the top ten worst offenders and ask what can be done about them.

‘If the EU doesn’t want the US to become the mega tax haven of the 21st century it should start taking serious action to bring the US back to the negotiation table’

~Markus Meinzer, Tax Justice Network.

“It’s easier to incorporate a shell company in the US than it is to get a driver’s licence or even a library card in many states”

~Clark Gascoigne, FACT Coalition

‘I can only imagine what is driving it [the UK-China nuclear deal] is this determination to put the City of London’s interests ahead of all of the UK’s interests, including security interests.’

~John Christensen, Tax Justice Network

Featuring: The Tax Justice Network’s Financial Secrecy Index research coordinator Markus Meinzer and Tax Justice Network director John Christensen, Deputy Director of the FACT Coalition Clark Gascoigne.

Produced and presented by @Naomi_Fowler for the Tax Justice Network. Also available on iTunes.

You can download from this link to listen anytime offline.

The Taxcast home sites are here and here.

You can follow @TheTaxcast on Twitter and subscribe either by emailing naomi [at] taxjustice.net to be added to the mailout list OR you can subscribe to the Taxcast here: rss feed http://taxcast.libsyn.com/rss

The author

John Christensen

Trained as a forensic auditor and economist, John has worked in many countries around the world, including a period of working in offshore financial services with Touche Ross & Co. For 11 years he was economic adviser to the government of the British Channel Island of Jersey. In 2003 he became what the Guardian has described as “the unlikely figurehead of a worldwide campaign against tax avoidance.” His research on offshore finance has been widely published in books and academic journals, and John has taken part in many films, television documentaries and radio programmes. John can be contacted on +44 (0) 7979 868302.

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