Private
finance
Debt
Tax
justice
Aid
Financial
architecture

Display by category

Search results

+ Oxfam

blog
Information exchange needs to go beyond tax

Eurodad

26 Jan 2017 14:16:42

This blog was originally published by Tax Justice Network How to improve the Automatic Exchange of Information Automatic exchange of information (AEOI) is one of the hottest topics in the fight against tax evasion. The idea is that tax authorities will automatically exchange information about tax payers with financial assets in their jurisdictions. So, if someone from Spain has a bank account in the Cayman Islands, the Cayman Island authorities will, if many conditions are met, automatically inform the Spanish tax authorities.  We have generally welcomed this development, but we have also warned about many loopholes, especially those which prevent access to information by developing countries. For this reason, TJN sent a survey to more than 100 jurisdictions asking their views about how ...
+ ActionAid

blog
Nine United Nations principles that can help Greece and the Eurozone in 2017

Tiago Stichelmans

12 Jan 2017 10:57:29

Last December’s clash between the finance ministers of the Eurozone (the Eurogroup) and Greece shows how far we are from a long-term and sustainable solution to Greece’s debt issues. On 5 December, the Eurogroup endorsed proposals presented by the European Stability Mechanism (ESM) that will lead to symbolic debt relief and might represent up to a 20% debt reduction by 2060, according to the ESM. European governments did not take any further steps, however, as they remain divided on the future of Greece’s programme and most notably on the 3.5% fiscal surplus target after 2018. Even the International Monetary Fund (IMF), an organisation that can hardly be considered a radical leftist group, felt the need to clarify that it is not calling for more austerity for Greece and that the 3.5% ...

press
Sharp rise in secret ‘sweetheart' tax deals with multinational corporations exposed in new report

New report analyses developments across Europe and finds: Since the LuxLeaks scandal, the amount of secret ‘sweetheart deals’ between multinational corporations and European governments has increased by almost 50% Mapping of government positions show political support for transparency has grown, but challenges remainEuropean governments continue to sign controversial tax treaties that undermine taxation in developing countriesAmong the 18 countries analysed in the report, not a single government ...

press
Despite Panama Papers, EU Member States reject transparency

20 December 2016 In response to the Panama Papers, the European Commission has suggested a crackdown on shell companies by creating transparency around the true owners of companies. But today, EU Member States agreed on a negotiating mandate where they reject this idea, and instead opt to keep the status quo. Currently, the EU only requires Member States to grant citizens access to information about company ownership if they can demonstrate a ‘legitimate interest’ in the information. Tove Maria ...