Events

Summit backs push for greater transparency in global tax system

tax_justice_summit_9-12-2016

09 December 2016

Parliamentarians from jurisdictions around the world today added weight to calls for greater transparency in the international tax system.

Twenty-six Parliamentarians have now signed a concordat calling on governments to support greater tax transparency by multinational companies.

The latest signatories were in London for today’s Global Tax Transparency Summit, hosted by the Committee of Public Accounts and attended by delegates from jurisdictions with a combined population of more than two billion people.

Central to the concordat is an agreement on support for public ‘country-by-country reporting’ to show, for each tax jurisdiction in which multinationals do business, their revenue; their profit before income tax; the income tax paid and accrued; total employment; capital; retained earnings, and tangible assets.

Jurisdictions represented at the summit were Australia, Bangladesh, Belgium, Bermuda, British Virgin Islands, Bulgaria, Canada, Cayman Islands, Czech Republic, Denmark, France, Germany, Guernsey, India, Ireland, Isle of Man, Israel, Jersey, Kenya, Madagascar, Mexico, Moldova, Niger, Norway, Pakistan, Poland, South Africa, Spain, Switzerland and the UK.

Outline programme for future work

Parliamentarians agreed an outline programme for future work, to explore:

  • VAT; taxation and high net worth individuals in sport and entertainment
  • Further work on tax transparency, focusing on those who advise and facilitate companies and individuals
  • Holding a follow-up conference in Canada in 2017, the 150th anniversary of Canadian Confederation
  • Broadening the umbrella of Parliamentarians and other stakeholders scrutinising tax collaboratively
  • Collaborating in real-time on coordinated work across Parliaments

Delegates also took part in four plenary sessions examining global tax transparency, action to combat tax avoidance, efforts to drive change in the international tax system and the impact of tax avoidance on the developing world.

Chair’s comments

PAC Chair Meg Hillier MP said:

“Tackling aggressive tax avoidance and increasing transparency requires sustained cooperation across international borders.

The excellent support for today’s summit, organised and hosted by our Committee, highlights the strength of feeling on these issues and represents an important step towards addressing them.

We have agreed some strong themes to explore in future and more Parliamentarians have signed the open letter to our governments, urging greater transparency of multinationals’ profits and tax.

Our Committee’s work scrutinising government spending, and that of colleagues overseas, is always better when information is in the public domain and civilians can help us hold governments to account.

We want the same opportunity for people to scrutinise the tax affairs of multinational companies.

Businesses should behave like good corporate citizens and pay their fair share of taxes; no business should expect to avoid its duties to wider society without genuine anger from the public.

As Parliamentarians we must now keep up the pressure on our governments to commit to more transparent reporting on multinationals.

We have no desire to set up a whole new bureaucracy but we must be fleet of foot to deliver the action our citizens are increasingly demanding.

Tax avoidance does not respect borders and only by working together can we push forward on these vital issues that affect us all.”

Further information

THE TJN WEEKLY – Friday December 9

Dear Subscriber,

Good news this week from Tax Inspectors Without Borders, who announced this week that their four pilot projects to build capacity with developing nations’ revenue inspectors had netted more than $200m extra tax revenues.

Tax Inspectors Without Borders is a project backed by the United Nations Development Programme and the OECD. Both are now hoping to roll out the project to more countries. We recently did a podcast on the initiative, the link can be found below.

Global Tax Transparency Summit

On Friday, Parliamentarians from around the word met at the Global Tax Transparency Summit, hosted by the UK Parliament’s Public Accounts Committee. The outcome of the summit was to support a call for greater tax transparency from multinational companies.

The summit was attended by parliamentarians from over 20 countries, including some well known tax havens like the BVIs, Isle of Man and Cayman Islands. Clearly, having politicians from some of these havens of secrecy joining the call is good news. Lets hope it leads to some positive action.

LuxLeaks retrial

So lets hope all this positive news carries through into next week, when LuxLeaks whistleblower Antoine Deltour begins his appeal against his conviction for stealing corporate information from PwC.

Given that the information demonstrated how the firm was helping multinationals to avoid their tax obligations, the public interest in this case was obvious. However, the Luxembourg court still sentenced Deltour and another employee, Raphael Halet to a suspended jail sentence.

More information on how to support Antoine can be found here.

The latest from the TJN Blog

Our December 2016 Spanish language Tax Justice Podcast: Justicia ImPositiva, nuestro podcast de diciembre 2016

Welcome to this month’s podcast and radio programme in Spanish with Marcelo Justo and Marta Nunez, downloaded and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofonica! (abajo en castellano). This month: In this December 2016 programme we ask if 2016 was a step forward or […] The post Our December 2016 Spanish language Tax Justice Podcast: Justicia ImPositiva, nuestro podcast de diciembre 2016 appeared first on …
Read more
2016-12-08

For rich countries only: A global map of multinationals’ tax avoidance

The introduction of a key policy tool against multinational companies’ tax avoidance has been handled so badly that developing countries are now exposed to worse inequalities. In a new report published today, we call for immediate changes to limit the damage done. In 2003, the Tax Justice Network outlined an important new policy for transparency […] The post For rich countries only: A global map of multinationals’ tax avoidance appeared first on Tax Justice Network.
Read more
2016-12-08

Beneficial Ownership and disclosure of trusts: challenging the privacy arguments

On July 22nd, 2016 the French supreme constitutional court ruled on a case brought by a US American citizen resident in France who had created a trust, allegedly to distribute her inheritance. She was contesting moves by France to set up a public register of trusts connected to France in an attempt to tackle tax […] The post Beneficial Ownership and disclosure of trusts: challenging the privacy arguments appeared first on Tax Justice Network.
Read more
2016-12-07

Tax justice news from around the web

Image used under the creative commons license - image by Binuri Ranasinghe

Links Dec 9

Africa’s crackdown on tax avoidance nets £204m to boost development The Guardian
Listen to news on Tax Inspectors Without Borders in our November 2016 podcast, here.

BRICS nations vow to automatic sharing of tax information Business Standard

Global public accounts committees unite for tax transparency push Public Finance International

GUE/NGL initiative succeeds in rejecting Commission’s anti-money laundering blacklist
‘Despite new scandals surfacing all the time, well-known offshore jurisdictions are still being ignored.’

Revision of 4th AMLD: Comprehensive Green approach for fighting money laundering in the EU Sven Giegold

The silent man of LuxLeaks fights back Politico
‘Long the forgotten face in the tax scandal, Raphael Halet is finally ready to clear his name.’

Virtual Briefing: Country by Country Reporting Financial Transparency Coalition
With TJN chief executive Alex Cobham

Uganda Revenue Authority Backs Campaign to End Illicit Financial Flows allAfrica / The Monitor

Zara Under Fire as Greens Warn EU Tax Dodging Still in Vogue Bloomberg

McDonald’s to scrap Luxembourg tax structure The Guardian

France’s honest tax system crusader convicted for hiding millions of euros the Guardian

Heard the latest Christmas story? It’s about how UK banks pay all their taxes The Guardian
By TJN senior adviser Prem Sikka. ‘Major financial institutions are involved in routine tax avoidance. But a report by the City of London Corporation and PwC raises more questions than it answers

Complex structures and aggressive tax planning behind the Nicaragua Canal Eurodad

Tax evasion: Tightening the noose Financial Times / MSN
Great round-up of international tax transparency progress, and weaknesses

The U.S. Is a Low-Tax Nation Bloomberg

Cristiano Ronaldo reveals £191m income after tax evasion allegations The Guardian

Links Dec 6

Financing Matters: A toolkit on domestic financing for education Global Alliance for Tax Justice

Panama Struggles to Shed Its Image as a Magnet for Shady Deals The New York Times

African union-led tax justice platforms throw their support behind ICRICT Foreign Affairs

Online discussion “Europe Calling” on „Supporting whistleblowers! Meet Antoine!“, 13 December 2016, 8:00 pm Seven Giegold

Tax dodging by corporations: How can we stop the bad deals?  Fabio de Masi (In German)

Tax Breaks Are Israel’s Bait to Lure Multinational Companies Bloomberg
Read on the Race to the Bottom here  

Cayman Islands allows four days to comment on company beneficial owner registry plan STEP

Family’s $29 Billion Fortune Claim Denied Amid India’s Tax Hunt Bloomberg

Maltese Finance Minister sidesteps Panama Papers inquiry GUE/NGL’s Panama Papers Blog

Trump, Cabinet could avoid millions in taxes thanks to this little-known law The Washington Post

Reaction: British tax haven used in football tax dodge Oxfam
See also: Football Leaks: Ronaldo and Mourinho accused of tax avoidance BBC News, and Footballers’ tax avoidance depends on corrupt global structures Left Foot Forward

Shell companies: Weak UK regulation lets opaque companies persist Reuters
Hat tip: Offshore Watch   

Can trusts still be trusted by wealthy families? Spears
TJN’s John Christensen comments: ‘for people who are really wealthy, inheritance tax has become an optional choice’

U.S. failing to curb money laundering by shell companies: task force report Reuters

Majority of London overseas property owners are registered in tax havens economia

 

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platform-cooperativism-building-the-cooperative-internet-2016-11-11-new-york-montreal

-> Newsleddr: https://lists.riseup.net/www/info/platformcoop-newsletter

Date

Fri, Nov 11 2016 3:00 PM CET — Mon, Nov 14 2016 12:00 AM CET

About

On November 11-13, 2016, “Platform Cooperativism: Building The Cooperative Internet” will take place at The New School and Civic Hall in New York City. On Day 1, we will bring together an international group of policymakers to discuss regulation and investment in alternative models. In the afternoon, we’ll think through the legal and design implications of the cooperative platform economy. On Day 2, discussions will focus on global opportunities for convergence among worker resistance, unions, and cooperatives. How can online co-ops meet some of the platform economy’s challenges that the labor movement has struggled with? On Sunday, Day 3 an unconference co-sponsored and hosted by our partner Civic Hall will allow for an open stream of project proposals for the platform co-op space.

https://joindiaspora.com/u/platformcooperativism

http://platformcoop.net/

http://platformcoop.net/2016

https://livestream.com/internetsociety/platformcoop2016

http://www.platformcoop.net/2016/schedule

http://www.platformcoop.net/2016/participants/thomas-doennebrink

USA Group New York (?) https://www.facebook.com/groups/1487620331468306/

Spain Barcelona Group: https://www.facebook.com/groups/908775275826716/

Germany Berlin Group: https://www.facebook.com/groups/1742154816061032/

Links

Videos:

https://livestream.com/internetsociety

here is the massive amount of text you probably not gonna read:

maira_sutton_us

Platform Cooperativism: Building the Cooperative Internet

Almost unnoticed, in the gaps and hollows of the digital economy, a new economy is emerging that follows a different ethical and financial logic. Platform cooperativism, as it has come to be called, is an emerging movement for democratic governance and collective ownership on the Internet and a fairer future of work. It is a concrete, near future alternative to the on-demand economy; it reclaims humane principles like mutuality, sympathy, and solidarity by bringing together the rich heritage of cooperativism with 21st-century technologies.

The pieces are coming into place. Freelancers are forming cooperatives to find clients and pool insurance through platforms of their own. Uber drivers are leaving the mothership, organizing in co-ops, and designing their own taxi apps. Photographers are offering their work for fair prices on a platform where they’re in charge, and journalists are crowdfunding news portals co-owned with their audiences. New decentralized networks are enabling people to share their data with each other without relying on a corporate cloud. Contrary to the rules of the dominant algorithmic gatekeepers, platform cooperativism puts the online economic infrastructure into the hands of the people who depend on it most.

The cooperative platform economy can become one of the counterforces to the defects of the on-demand economy. It is a strategy for reversing wealth inequality, gender inequity, environmental degradation, and systemic racial injustice. The experiments now already underway show that a global ecosystem of cooperatives can stand against the concentration of wealth and the insecurity of workers that yields Silicon Valley’s winner-takes-all economy. They show that the Internet can be owned and governed differently.

Since the “Platform Cooperativism: The Internet, Ownership, Democracy” event in November 2015 at The New School, conferences and community meetings about the cooperative platform economy have taken place in Berlin, New York City, Florence, Bologna, Weimar, Melbourne, London, Brussels, Boston, Budapest, and Philadelphia. A new book, Ours to Hack and to Own, gathers many of the rationales and experiments that are driving the movement forward. The Platform Cooperativism Consortium will launch at this event, creating a global network of institutions to support this eco system of businesses. The vision is spreading. A year later, we need to keep the momentum building and continue forging the critical connections necessary to make this vision even more a reality.

On November 11-13, 2016, “Platform Cooperativism: Building The Cooperative Internet” will take place at The New School and Civic Hall in New York City.

On Day 1, we will bring together an international group of policymakers to discuss regulation and investment in alternative models. In the afternoon, we’ll think through the legal and design implications of the cooperative platform economy.

On Day 2, discussions will focus on global opportunities for convergence among worker resistance, unions, and cooperatives. How can online co-ops meet some of the platform economy’s challenges that the labor movement has struggled with?

On Sunday, Day 3 an unconference co-sponsored and hosted by our partner Civic Hall will allow for an open stream of project proposals for the platform co-op space.

Building the basis for a popular movement in support of a fairer cooperative digital economy requires countless people, projects, inventive organizations, publications, and events around the world. “Platform Cooperativism: Building The Cooperative Internet” will be part of this effort. Join us online and in person.
The event will be live streamed at:

https://livestream.com/internetsociety/platformcoop2016
Live stream watching parties

Montreal
https://www.facebook.com/events/211443319280855/
NYC
https://www.face

book.com/events/1657538997720948/

maira_sutton_us

About

Maira Sutton is the Campaign Organizer at Shareable building our online advocacy projects. She was formerly at the Electronic Frontier Foundation (EFF) for over four years as their Global Policy Analyst, where she monitored and advocated for digital rights around emerging tech policy and their impact on access to knowledge, privacy, and free expression. She was one of the leading activists following the Trans-Pacific Partnership trade negotiations and its effects on users, scholars, creators, and innovators. Prior to joining EFF, she was a paralegal and legal researcher at a law firm in Los Angeles that specialized in fighting redevelopment, eminent domain, and unfair government practices

She earned her BA at UC Santa Cruz in Politics and Global Information and Social Enterprise Studies. At UCSC she was a Fellow and Coordinator for the Everett Program, which trains undergraduate students to become enterprising tech-literate activists for local to global social justice causes. In 2008, Maira lived and worked in Kuala Lumpur, Malaysia, as a legal researcher and tech intern with Sisters in Islam, a Muslim feminist organization.

You can download an excerpt of the Panama Paper’s Data here.

Wealth Inequality in Germany: “the lower 50% have accumulated 0% wealth”

“die unteren 50% besitzen zusammen genommen 0%”

nettovermogen-deutschland-nach-diw-berlin-2009-die-untere-halfte-der-bevolkerung-ist-quasi-vermogensfrei-besitzt-also-kein-vermogen
NettoVermögen Deutschland nach DIW Berlin 2009 – die untere Hälfte der Bevölkerung ist quasi Vermögensfrei – besitzt also kein Vermögen

Quelle: http://www.youtube.com/watch?v=KfZyNuEMUTA

“The top 10% have 60% of the wealth of Germany” – will this mean they will start “some random war” in 2020, to keep it that way?

Globally: “The top 0.14% own 81% of the global wealth”

increasing-inequality-zunehmende-ungleichverteilung-usa-wall-street-journal-2008-10-27

50% of the wealth is “off-shore” which means it pays no tax – it avoids tax.

tax-justice-networkSource: http://www.taxjustice.net/wp-content/uploads/2016/05/Henry-2016-missing-trillions.pptx

http://www.taxjustice.net/2016/05/09/17103/

new-deal-policies-doubled-fiscal-expenditures-without-increasing-budget-deficit-unemployment-between-worldwar1-and-worldwar2-in-usa-was-above-15-percent-until-ww2

World War 2 was “the way” for US to down unemployment rates… ain’t that “great”?

who wanted to be “great” again?

Wall Street And The Rise Of Hitler wall-street-and-the-rise-of-hitler-by-antony-sutton

einsatzgruppen-nazi-death-squads-ww2-german-brutal-015

source: http://www.taxjustice.net

tax-wars

new-analysis-of-the-cayman-offshore-financial-center-anglo-america-japan-and-hedge-funds-play-key-roles-2016-10-24

New analysis of the Cayman offshore financial center – Anglo-America, Japan, and hedge funds play key roles. Paper:

The Facebook Example:

“Facebook UK’s accounts show specific issues, but point also to the real problem:

that major multinational companies appear to be able to pick and choose, unlike the rest of us, where and how much tax they will pay.

British Prime Minister Theresa May has said her government will fight back against tax avoidance – if she is serious, she will immediately implement the tax transparency measure that was passed in the new Finance Bill so that the public can see which companies are meeting their UK responsibilities.”

Source: http://www.taxjustice.net/2016/10/09/facebook-uk-tax-tjn-statement/

“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.

 CorruptionSecrecy

stiglitzFrom Joseph Stiglitz, writing in Vanity Fair:

“It will not be long before those nations that opt to continue with old-style secrecy will be labeled pariah states and be cut off from the global financial system.”

New and abusive games will continue to emerge to fill the vacuum left by old-style secrecy — including new forms of opacity — but he’s certainly onto something.

From The Guardian:

“More than $12tn has been siphoned out of Russia, China and other emerging economies into the secretive world of offshore finance, new research has revealed, as David Cameron prepares to host world leaders for an anti-corruption summit.
. . .
The analysis, carried out by Columbia University professor James S Henry for the Tax Justice Network, shows that by the end of 2014, $1.3tn of assets from Russia were sitting offshore.

David Cay Johnston, writing in The Daily Beast in the U.S., adds:

“The $12.1 trillion estimate—which amounts to two-thirds of America’s annual GDP being taken out of the economies of much poorer nations—is for flight wealth built up since 1970. Add to that flight wealth from the world’s rich regions, much of it due to tax evasion and criminal activities like drug dealing, and the global figure for hidden offshore wealth totals as much as $36 trillion.”

 

“MEASSURING SIZE OF A BLACK HOLE”

See also Henry writing in Foreign Affairs on this topic.

Cay Johnston goes into detail, and is worth reading. For the raw data behind the numbers, you’ll need to contact Henry directly: he expects to publish some further details soon. We’ll carry updates in the Reports section of our website.

The initial document is here. More data will be uploaded in due course.

Also see this Guardian story: Tax havens have no economic justification, say top economists. This is a letter co-ordinated by Oxfam, which is reproduced in full here. The list of 300 signatories is here.

Source: http://www.taxjustice.net/2016/05/09/17103/

UN report recommends: go after tax havens, and protect whistleblowers

Our most popular reports

March 2016 – More than $12 trillion stuffed offshore, from developing countries alone — James S. Henry

Nov 2015The Scale of BEPS: estimating the scale of global corporate tax cheating. See also our report Still Broken: Governments must do more to fix the international tax system.

Nov 2015 – Press release: TJN unveils the 2015 Financial Secrecy Index

Oct 2015 – Press release: OECD’s BEPS proposals will not be the end of tax avoidance by multinationals

Sept 2015 – The Greatest Invention: Tax and the Campaign for a Just Society. A book highlighting a decade’s worth of important tax justice articles.

Sept 2015Tax Haven Germany – New TJN Book.

April 2015 – The Offshore Game – new TJN report on offshore finance in football.
See The Offshore Game website, and the main report, here.

March 2015 – Ten Reasons to Defend the Corporation Tax.

The short summary document is here, and the full document is here

Dec 2014 – Developing countries and corporate tax – ten ways forward – Krishen Mehta

Sept 2013 – Corporate directors have no duty to avoid tax – TJN. Also see The Guardian.

July 2013 – Tax Justice Network briefing on the OECD’s “BEPS” project on corporate tax avoidance.

May 2013The Finance Curse: how oversized finance centres hurt the countries that host them.

Dec 2012Towards Unitary Taxation of Transnational Corporations – Prof. Sol Picciotto

2012Tax Us If You Can, second edition. A comprehensive introduction to tax justice. See also Tax us If You Can for Africa, 2011. For foreign language versions, see Tax Us If You Can in French (2005), in Spanish (2005), in Portuguese (2005), in German (2005) in Dutch (2005), and the Hebrew Edition..

July 2012 – The Price of Offshore, Revisited. Estimating some $21-32 trillion stashed offshore. See also our June 2014 response to a paper attacking Price of Offshore Revisited by two U.S. academics, funded by the tax haven of Jersey, here. See also our June 2014 supplementary notes and sources for the Price of Offshore Revisited, here.

Dec 2011 – Why the UK-Swiss tax deal is doomed to fail. (See also: July 2013 – deal fails.)

Nov 2011 – The Cost of Tax Abuse. Estimating that tax evasion worldwide adds up to over 50% of global healthcare costs.

Jan 2007 Mirror, Mirror, on the Wall, Who’s the Most Corrupt of All? Also see Catching Up with Corruption, 2008

All our reports and TJN briefing papers

October 2016Taking the Tax Justice debate forward: Unitary Taxation and G20 OECD Progress

June 2016 – Should Europe Trust Trusts? (Part 2 of 2)

May 2016 – New report exposes flaws in global and EU anti-money laundering rules and explains how they can be fixed (Part 1 of 2)

March 2016 – More than $12 trillion stuffed offshore, from developing countries alone — James S. Henry

March 2016 – Oxfam report: Ending the Era of Tax Havens (co-authored by TJN’s research director, Alex Cobham)

March 2016 – Top rate income tax cuts: 89 percent go to men, 11 percent to women

Jan 2016 – Europe must impose withholding taxes: to tackle US and other tax havens

Nov 2015 – New analysis: why Google is paying just 2% tax rate in the UK.

Nov 2015 – The UK’s Corruption Problem: Progress made and progress that needs to be made in the UK’s overseas territories. (Co-authored with Global Witness, Christian Aid, Transparency International.)

Nov 2015 – TJN-A report: Tax Treaties in Sub-Saharan Africa

Nov 2015The Scale of BEPS: estimating the scale of global corporate tax cheating. See also our report Still Broken: Governments must do more to fix the international tax system.

Nov 2015 – Press release: TJN unveils the 2015 Financial Secrecy Index

Oct 2015 – Press release: OECD’s BEPS proposals will not be the end of tax avoidance by multinationals

Sept 2015 – The Greatest Invention: Tax and the Campaign for a Just Society. A book highlighting a decade’s worth of important tax justice articles.

Sept 2015Holes in new OECD handbook for financial transparency. (On the OECD’s Common Reporting Standards.)

Sept 2015Tax Haven Germany – New TJN Book.

Aug 2015 – The West African Tax Giveaway: new report – TJN Africa and Actionaid

Jul 2015 – Did NGOs invent a pot of gold? (No.) – Alex Cobham

Jul 2015 – Guest blog: how Switzerland corrupted its courts to nail Rudolf Elmer (CFCs.)

May 2015 – BEPS Monitoring Group:

April 2015Report: parties rely on unsafe top tax estimates in UK election. – John Thompson

April 2015The Offshore Game – new TJN report on offshore finance in football.
See The Offshore Game website, and the main report, here.

March 2015Ten Reasons to Defend the Corporation Tax.

  • Short summary document is here
  • Full document here.
  • Press release and blog post here.

Jan 2015 –  Loophole USA:the vortex-shaped hole in global financial transparency

Nov 2014 – “The end of bank secrecy”? Bridging the gap to effective automatic information exchange: An Evaluation of OECD’s Common Reporting Standard (CRS) and its alternatives

Oct 2014 – The end of bank secrecy? : Bridging the gap to effective automatic information exchange.

Aug 2014 – Risk Mining the Public Exchequer: what tax avoidance is

July 2014 – Krishen Mehta: ten ways developing countries can take control of their tax destinies

July 2014 – The full picture of OECD’s AIE Standard is unveiled: Catering to tax havens at the expense of developing countries

June 2014 – Survey: developing countries DO want automatic information exchange, despite OECD reticence

June 2014 – TJN’s response to a paper by two U.S. academics, funded by the tax haven of Jersey and attacking Price of Offshorehere. See also our June 2014 supplementary notes and sources for the Price of Offshore Revisitedhere.

May 2014 – The UK’s shadow economy: £40 billion lost to Treasury

Feb 2014 – TJN responds to OECD plan for automatic information exchange

2014 – The OECD’s BEPS project and developing countries. In English and Spanish.

2013 –  Towards multilateral automatic information exchange: Current practice of AIE in selected countries

July 2012Inequality: you don’t know the half of it (or why hidden offshore wealth means inequality is worse than we thought)

July 2012 – The Price of Offshore, Revisited. Estimating some $21-32 trillion stashed offshore. See also our June 2014 response to a paper attacking Price of Offshore Revisited by two U.S. academics, funded by the tax haven of Jersey, here. See also our June 2014 supplementary notes and sources for the Price of Offshore Revisited, here.

2012 – Where to draw the line? Identifying secrecy jurisdictions for applied research

2012 – Bank account registries in selected countries: lessons for registries of trusts and foundations and for improving automatic information exchange (with CCFD-Terre Solidaire) 

2012Key data report: Financial Secrecy, Banks and the Big 4 Firms of Accountants

2012 – The Council of Europe/OECD Convention on Administrative Assistance in Tax Matters

2012 – Towards Unitary Taxation of Transnational Corporations

2012 – The Creeping Futility of the Global Forum’s Peer Reviews

2011 – The UK-Swiss deal: doomed to fail

2011Briefing paper on EU Savings Tax Directive and Automatic Informatino Exchange

2011 – The Cost of Tax Abuse.

2010Policy paper on automatic tax information exchange between Northern and Southern Countries

2010 – the U.S. Foreign Account Tax Compliance Act (FATCA)

2009 – Tax Information Exchange Agreements (TIEAs)

2009 – Trusts and their Uses. No paper yet, but blog here.

2008 – The EU Savings Tax Directive. See also this 2014 FAQ.

2008 – Country by Country Reporting.      Also see our main site here.

2006 – Tax Competition.      Also see our main site here.

2005 – Source and Residence Taxation.

Tax Justice Research Bulletin

Past editions of the Tax Justice Research Bulletin are here. (If it’s not there, you can also search a different way, here)

Our newsletter, Tax Justice Focus

Click here for Tax Justice Focus

Die 5 “Wirtschaftsweisen” – was machen die so?

was beraten die so? Haben die gepennt die letzten Jahrzehnte? Oder sind die einfach nicht “soooo weise” sondern eher “verweist” und: Wer ist Bernard Lietaer? Und: Haben Sie ihn “KOMPLETT” ignoriert? Oder evtl. sind auch “nur” die Politiker welche Sie beraten beratungs-resistent? (gibt es viele mit der Krankheit)?

Hier kann man den aktullen Bericht lesen: “Zukunftsfähigkeit in den Mittelpunkt” http://www.sachverstaendigenrat-wirtschaft.de/fileadmin/dateiablage/gutachten/jg201516/wirtschafts-gutachten/jg15_ges.pdf

Derzeitige Mitglieder (2016)

http://www.sachverstaendigenrat-wirtschaft.de/index.html

Der Autor, Thilo Sarrazin

“dass das Wirtschaftswachstum um das Jahr 2020 ausläuft, weil sich der Zuwachs der Produktivität und die Abnahme der Zahl der Erwerbstätigen zu diesem Zeitpunkt kompensieren”

“Als Resultat dieser Entwicklungen könne Deutschland „Verteilungs- und Finanzprobleme zukünftig nicht mehr durch Zuwachs lösen, sondern nur noch durch Umverteilung.“ (S. 37)”

“the economy stops growing around the year 2020 because of the growth in productivity and the decrease in the number of working persons compensated each other”

“As a result of these developments, Germany can “distribution- and financial problems from then on not solve by growth, but only through redistribution.” (P. 37)”

Quelle: https://de.wikipedia.org/wiki/Deutschland_schafft_sich_ab#.E2.80.9EEin_Blick_in_die_Zukunft.E2.80.9C

 

Related Links:

http://www.taxjustice.net/tax-justice-focus/

http://www.theoffshoregame.net/offshore-game-goes-parliament/

https://twitter.com/alexcobham

https://www.gov.uk/government/topical-events/anti-corruption-summit-london-2016

https://www.theguardian.com/politics/live/2016/may/12/david-cameron-london-anti-corruption-summit-live