Tax Justice Network @TaxJusticeNet Twitter profile

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Tax Justice Network

5 months

HISTORY MADE!🎉 The UN has adopted plans for historic tax reform by a landslide majority! This is a historic victory delivered by the countries of the global South, for the benefit of people all around the world.

UN adopts plans for historic tax reform | Tax Justice Network

Countries at the UN have adopted by a landslide majority today a resolution to begin the process of establishing a framework convention on tax and completely change how global tax rules are decided.1...

taxjustice.net

Tax Justice Network

@TaxJusticeNet

5 months

Today, the most important vote on tax of our lifetime is happening at the @UN . $5 trillion of public money is on the line. The majority of countries want to undo decades of failed tax policy and finally put people before tax havens. The problem? The US🇺🇸, UK🇬🇧and EU🇪🇺.

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Tax Justice Network

@TaxJusticeNet

4 years

For every $1 the Netherlands collected in corporate tax from the shifted profits of US corporations, the EU as a whole lost nearly $4 in tax from those corporations. New analysis reveals Netherlands cost EU countries $10bn in lost corporate tax a year.

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@TaxJusticeNet

3 years

World's top 10 enablers of corporate tax abuse: 1 🇻🇬 British Virgin Islands 2 🇰🇾 Cayman 3 🇧🇲 Bermuda 4 🇳🇱 Netherlands 5 🇨🇭 Switzerland 6 🇱🇺 Luxembourg 7 🇭🇰 Hong Kong 8 🇯🇪 Jersey 9 🇸🇬 Singapore 10 🇦🇪 UAE Our Corporate Tax Haven Index 2021 is now out:

Tax haven ranking shows countries setting global tax rules do most to help firms bend them | Tax...

A club of rich countries determining global rules on corporate tax are responsible for over two-thirds of global corporate tax abuse, reports the Corporate Tax Haven Index 2021, a ranking of countr...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

4 years

World’s top suppliers of financial secrecy: 1 Cayman 2 US 3 Switzerland 4 Hong Kong 5 Singapore 6 Luxembourg 7 Japan 8 Netherlands 9 BVI 10 UAE Financial secrecy keeps tax abuse feasible, drug cartels bankable. But most gov'ts are saying enough. #FSI2020

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Tax Justice Network

@TaxJusticeNet

5 months

Adopted!🎉 #UNvote #UNTaxConvention

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Tax Justice Network

@TaxJusticeNet

3 years

Countries are losing over $427bn to tax havens every year. That’s a nurse’s yearly salary lost every second. Find out how much your country is losing, and which countries are most responsible for global tax losses in the State of #TaxJustice2020 , now out:

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Tax Justice Network

@TaxJusticeNet

2 years

World’s top suppliers of financial secrecy: 1 US🇺🇸 2 Switzerland🇨🇭 3 Singapore🇸🇬 4 Hong Kong🇭🇰 5 Luxembourg🇱🇺 6 Japan🇯🇵 7 Germany🇩🇪 8 UAE🇦🇪 9 BVI🇻🇬 10 Guernsey🇬🇬 Financial secrecy helps tax evaders, corrupt politicians & oligarchs avoid the law #FSI2022

US tops financial secrecy ranking as G7 countries upend global progress on transparency | Tax...

The US has climbed to the top of a global ranking of countries most complicit in helping individuals to hide their wealth from the rule of law, earning the worst rating ever recorded since the...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

5 months

Today, the most important vote on tax of our lifetime is happening at the @UN . $5 trillion of public money is on the line. The majority of countries want to undo decades of failed tax policy and finally put people before tax havens. The problem? The US🇺🇸, UK🇬🇧and EU🇪🇺.

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Tax Justice Network

@TaxJusticeNet

5 months

The UN has adopted plans for historic tax reform by a landslide majority🇺🇳 This is a historic victory delivered by the countries of the global South, for the benefit of people all around the world. Our full statement on today's #UNvote : #UNTaxConvention

UN adopts plans for historic tax reform | Tax Justice Network

Countries at the UN have adopted by a landslide majority today a resolution to begin the process of establishing a framework convention on tax and completely change how global tax rules are decided.1...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

3 years

The top 6 jurisdictions on our global ranking of countries most complicit in helping multinational corporations underpay tax are either members of the OECD, the world’s leading rule-maker on global corporate tax, or dependencies of OECD members.

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Tax Justice Network

@TaxJusticeNet

5 years

World's most corrosive corporate tax havens according to our new index: 1. British Virgin Islands* 2. Bermuda* 3. Cayman Islands* 4. Netherlands 5. Switzerland 6. Luxembourg 7. Jersey* 8. Singapore 9. Bahamas 10. Hong Kong *4 of 10 fall under UK control

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Tax Justice Network

@TaxJusticeNet

3 years

Every second, we lose a nurse's yearly salary to a tax haven. Our tax systems are our most powerful tools for creating a just society but they've been taken over by corporate giants & the super-rich. This is how we reprogramme tax. Interactive report:

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Tax Justice Network

@TaxJusticeNet

5 months

UPDATE: Countries who voted against UN tax reform yesterday enable 75% of global tax abuse. These countries represent just 15% of the global population. Countries that voted in favour of reform represent 80% of the global population. Our new analysis:

“No” voters on UN tax reform enable 75% of global tax abuse | Tax Justice Network

The minority of countries who voted against plans adopted at the UN yesterday for historic global tax reforms are responsible for three-quarters of all countries’ losses to tax havens, the Tax...

taxjustice.net

Tax Justice Network

@TaxJusticeNet

5 months

Adopted!🎉 #UNvote #UNTaxConvention

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Tax Justice Network

@TaxJusticeNet

3 years

"I am not a “self-made man,” the welfare state made me. Without the creche care and schooling and health care I received, I could not have flourished. And without Denmark’s strong public services, neither could my business" @djaffarshalchi @Mills4Humanity

The American dream is now in Denmark

A conversation with Danish businessman Djaffar Shalchi about why he wants to make rich people like himself pay more in taxes

the.ink

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Tax Justice Network

@TaxJusticeNet

1 year

British tax havens arguably pose the biggest non-violent threat in the world to human rights. They cost the world $189bn a year in tax losses. That's why we've made public the letter we mailed today to the King Charles (cc @RishiSunak ).

Tax Justice Network letter to King Charles III – Full Text | Tax Justice Network

Sir, At the Tax Justice Network, we believe our tax and financial systems are our most powerful tools for creating a just society that gives equal weight to the needs of everyone. As we celebrate our...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

4 years

My billionaire bosses funnelled money offshore for years. Now they want a bailout

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Tax Justice Network

@TaxJusticeNet

6 years

Tax Justice Network calls on UN to convene a global summit to end tax abuse and financial crime #ParadisePapers

PRESS RELEASE: TJN Responds to the #ParadisePapers | Tax Justice Network

The International Consortium of Investigative Journalists have released their latest leak of data from the offshore world. The ‘Paradise Papers’ are a leak of over 14m documents from the offshore law...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

1 year

The UN General Assembly has adopted the resolution mandating the UN to take on a global tax leadership role! 🎉

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Tax Justice Network

@TaxJusticeNet

2 years

The tax we lose a year to tax havens is enough to vaccinate the global population against Covid-19 three times over. That’s $483bn lost a year. Find out how much tax your country is losing, according to the State of #TaxJustice2021 . #SOTJ21

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Tax Justice Network

@TaxJusticeNet

2 years

Higher income countries lose more tax ($443bn) to tax havens but their losses represent a smaller share of the money they have to spend. Lower income countries lose less ($40bn) but their losses represent half their public health budgets. #taxjustice2021

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Tax Justice Network

@TaxJusticeNet

2 years

Efforts to sanction Russian oligarchs have immediately hit a wall of financial secrecy cultivated by decades of rich countries courting finance from dictators, tax evaders and money launderers. We’ve published 10 measures to cut through the secrecy.

10 measures to expose sanctioned Russian oligarchs’ hidden assets | Tax Justice Network

New efforts to sanction Russian oligarchs and companies have immediately come up against a wall of financial secrecy cultivated by decades of rich countries courting finance from dictators, tax...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

6 years

UK: Sir Richard Branson's Virgin Care Services sees revenues jump 50% amid National Health Service privatisation row - made an £8m profit for 2017 but paid no corporation tax - web of companies is ultimately owned by a company registered in the BVI

Virgin Care revenues jump 50% thanks to NHS outsourcing contracts

Company made £8m annual profit but paid no corporation tax because its parent company lost money

www.independent.co.uk

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Tax Justice Network

@TaxJusticeNet

6 years

“If I walked into my bank and tried to deposit £55m, I would be asked to see the manager, if not the police. But if I were to shift such sums through a Belgravia flat or a West End jeweller or an offshore tax haven, I would be offered a tier 1 golden visa”

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Tax Justice Network

@TaxJusticeNet

5 months

“Tax havens and corporate lobbyists have had too much influence on global tax policy at the OECD for too long. Today, we start to take back power over global tax rules that affect all of us.”

UN votes to create ‘historic’ global tax convention despite EU, UK moves to ‘kill’ proposal - ICIJ

Advocates celebrated the resolution as a key step toward better representation for developing countries, but warned wealthy countries against further attempts to delay the much-needed reforms.

www.icij.org

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Tax Justice Network

@TaxJusticeNet

4 years

"It was only in 2015 that British taxpayers finished paying off the debt the British govt incurred to compensate British slave owners in 1835" @Naomi_Fowler looks at the context &tried to find out which financial institutions profiteered from the loan #blm

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Tax Justice Network

@TaxJusticeNet

9 months

Countries are set to lose US$4.7 trillion in tax over the next decade to multinational corporations and wealthy individuals using tax havens to underpay tax. Govts must choose: forfeit our future by staying course or democratise global tax #TaxJustice2023

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Tax Justice Network

@TaxJusticeNet

4 years

Biggest losers of corporate tax to the #AxisOfTaxAvoidance : 🇫🇷 France $6.9bn 🇩🇪 Germany $4.1bn 🇮🇹 Italy $3.9bn 🇧🇪 Belgium $2.6bn 🇪🇸 Spain $2.5bn Govt's must reprogramme their tax systems to prioritise people’s wellbeing over interests of corporate giants

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Tax Justice Network

@TaxJusticeNet

4 years

One page summary of our report with three actions EU governments can take to tackle corporate tax abuse:

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Tax Justice Network

@TaxJusticeNet

2 years

Rich OECD countries, not palm-fringed islands, enable more than three-fourth (78%) of global tax abuse. The worst offenders are OECD members UK, Netherlands, Luxembourg and Switzerland. Find how much tax your country is losing. #taxjustice2021

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Tax Justice Network

@TaxJusticeNet

3 years

"The G7 has decided to finally move the international tax system into the 21st century but only enough to shamelessly benefit just themselves, leaving the rest of the world behind." Our response to today's G7 agreement.

Live blog: Global minimum tax rate at G7 | Tax Justice Network

The single biggest change in a century to international tax rules will be discussed this weekend at an annual meeting of the G7 – a club of the world’s seven largest economies: Canada, France,...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

5 months

UPDATE: Countries who voted against UN tax reform yesterday enable 75% of global tax abuse. These countries represent just 15% of the global population. Countries that voted in favour of reform represent 80%. #UNvote #UNTaxConvention New analysis:

Tax Justice Network

@TaxJusticeNet

5 months

HISTORY MADE!🎉 The UN has adopted plans for historic tax reform by a landslide majority! This is a historic victory delivered by the countries of the global South, for the benefit of people all around the world.

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Tax Justice Network

@TaxJusticeNet

6 years

Making history: the @UKParliament votes to end to anonymous companies in the UK’s Overseas Territories. Our statement: @margarethodge @ICIJorg @Global_Witness @f_obermaier

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Tax Justice Network

@TaxJusticeNet

7 years

Inequality and the broken economy demonstrated in one graph

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Tax Justice Network

@TaxJusticeNet

4 years

Our analysis of new, watershed OECD data indicates that over $1 trillion of corporate profit is smuggled into tax havens each year. UK, Switzerland, Luxembourg & Netherlands (“axis of tax avoidance”) are responsible for 72% of associated global tax losses.

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Tax Justice Network

@TaxJusticeNet

1 year

Our tax systems are our most powerful tools for creating just societies that give equal weight to the needs of everyone. Here’s what our tax systems can deliver if we reprogramme them to work for everybody, instead of just the wealthy few. #OurFutureIsPublic #OFiP22

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Tax Justice Network

@TaxJusticeNet

3 years

This Friday, we'll reveal for the first time how much each country in the world is losing every year to international corporate tax abuse and private tax evasion. Register now for the online global launch, which will stream in 5 languages: #taxjustice2020

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Tax Justice Network

@TaxJusticeNet

5 months

UK's attempt to defang today's historic UN resolution is defeated! #UNvote #UNTaxConvention

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Tax Justice Network

@TaxJusticeNet

9 months

🪙 = $100 billion 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 🪙 = $4.7 trillion This is how much tax countries will lose to tax havens over the next 10 years. How do we avert this?

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Tax Justice Network

@TaxJusticeNet

6 months

🚨🚨🚨 A minority of rich countries are trying to stop the rest of the world from voting at the UN this month to change the global tax system for the better $5 trillion in public money is on the line. It's the most important vote on tax in our lifetime🧵

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Tax Justice Network

@TaxJusticeNet

3 years

The world loses $166bn in tax every year due to cross-border corporate tax abuse enabled by members of the OECD, a club of rich countries and the world's leading rule-maker on global tax. That's 8 times more than the EU's Coronavirus Global Response Fund.

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Tax Justice Network

@TaxJusticeNet

5 years

Complex ownership structures keep owners hidden, making life impossible for authorities. 🔎Company L🏢 Company Ltd L🏪 Company Co L🏣 Company Inc L⚠Owner not found👤 Here's how limits on ownership chain lengths can help identify beneficial owners.

Tax Justice Network

@TaxJusticeNet

5 years

While many countries have made advances in requiring companies to register their beneficial owners, verification of this info remains a challenge. New report out today on how we can use big data & advanced IT systems to securely verify info in realtime:

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@TaxJusticeNet

4 years

The UK is a key part of an “axis of tax avoidance“, along with the Netherlands, Switzerland and Luxembourg, that facilitates 72% of corporate tax dodging, according to the Tax Justice Network:

Multinationals shift $1.3tn into tax havens every year, groundbreaking analysis reveals

UK, Netherlands, Switzerland and Luxembourg form ‘axis of tax avoidance’ that costs governments and their citizens hundreds of billions of dollars a year, Tax Justice Network finds

www.independent.co.uk

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Tax Justice Network

@TaxJusticeNet

5 years

“Profit shifting has gone from a marginal feature of the global economy to a systemic feature” - our CEO @alexcobham on IMF research showing that nearly 40% of crossborder direct investment is designed to dodge tax instead of finance real business activity

More than third of foreign investment is multinationals dodging tax

Study into global FDI finds nearly 40% of flows used as vehicle for financial engineering

www.ft.com

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@TaxJusticeNet

3 years

“The Pandora Papers confirms our global tax system has been turned into an ATM for the rich and powerful, be they drug traffickers, pop idols or the very politicians we trusted with our taxes." Read our CEO @alexcobham 's comment on #PandoraPapers .

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Tax Justice Network

@TaxJusticeNet

3 years

What does it mean for the world to lose over $427 billion in tax to tax havens every year? To help put these astronomical figures into perspective, here are three country cases. View your country's tax losses here: #taxjustice2020

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Tax Justice Network

@TaxJusticeNet

3 years

It's our pleasure to announce our second keynote speaker Andrés Arauz @ecuarauz , giving his insights on the challenges of political campaigning on tax justice issues and the popularising of tax justice. #TJN21 REGISTER NOW:

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@TaxJusticeNet

5 years

Google 'avoided paying £1.5bn in tax'in the UK that could have paid for 60,000 nurses. Internet giant accused of paying 24 times less corporation tax than they should have done — a major hit to public services

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@TaxJusticeNet

4 years

New polling published by @MiC_Global shows overwhelming public support in the US, France, Germany, Italy, Poland, the Netherlands and the UK for policymakers to crack down on companies using tax havens. #newnormal

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@TaxJusticeNet

4 years

“This is the biggest, longest running robbery of our times, but the good news is we’ve now got one of the best alarm systems in place – govts just need to switch it on.” Watershed data indicates more than $1 tn of corporate profit smuggled into tax havens

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Tax Justice Network

@TaxJusticeNet

3 years

We’re delighted to announce the programme for Tax Justice Network’s 2021 conference! Registration is now open for #TJN21 . Find everything you need to know here:

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@TaxJusticeNet

2 years

When corporations and the superrich abuse tax, they deny millions of children their right to education. But what if we collected that tax instead? #LetMeLearn #TransformingEducation #TaxPaysForEducation

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@TaxJusticeNet

3 years

Lord @premnsikka opens #TJN21 : he is a member of the UK House of Lords, Tax Justice Network senior advisor, accountancy professor & tax justice champion: "we can change all this" inequality, and the tax justice movement is a beacon of hope. "Another world is always possible"

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@TaxJusticeNet

4 years

The idea that the Netherlands can be called "frugal" while it deprives EU countries of bns in corporate tax each year –revenues that are desperately needed to meet the costs of the pandemic– is nonsensical & deeply offensive. EU govt's can adopt game-changing tax measure today /1

Tax Justice Network

@TaxJusticeNet

4 years

Hypocrisy of “frugal” Netherlands lambasted by tax haven watchdog

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Tax Justice Network

@TaxJusticeNet

2 years

2) @JoseA_Ocampo @icrict : "because of the ability of the wealthy to hide assets offshore, capital incomes & capital gains are significantly under-reported & that's why wealth taxes are so important. Enabling tax authorities to track and tax wealth is essential" #UrgentTaxJustice

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@TaxJusticeNet

6 years

Staggering new research on the true cost of the oversized City of London finance sector to the UK economy, making us all poorer & fuelling inequality #FinanceCurse

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@TaxJusticeNet

6 months

“Thanks to the leadership of African countries, the world is now potentially days away from ushering in a global democratic revolution in tax that can finally put people before tax havens." Press release ⬇️

World to vote next week on strongest option for historic global tax shakeup | Tax Justice Network

Africa Group “confident” resolution to move tax rules from OECD to UN will pass The Africa Group at the UN announced today that it will take to a vote at the UN next week its resolution to begin...

taxjustice.net

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@TaxJusticeNet

4 years

Covid19 has exposed the grave cost of a broken global tax system that hands over wealth & power to corporate giants & takes it away from nurses & public service workers risking their lives today to protect ours. Our CEO @alexcobham speaks w/ @DavidGDawkins

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@TaxJusticeNet

3 years

Brexit and tax havens: "the words ‘competitive advantage,’ or ‘competitiveness’ when applied to a financial sector, are clear warning signals for those of us who look closely at these things" ~ @nickshaxson

What does Brexit mean for tax havens and the City of London? | Tax Justice Network

By Nicholas Shaxson It is Mansion House time again. Every year Britain’s Chancellor (finance minister) makes a speech at Mansion House, a spiritual home of Britain’s financial sector and the official...

taxjustice.net

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@TaxJusticeNet

6 years

Important to remember that #ParadisePapers isn't just about one #BadAppleby , there are a number of offshore law firms engaged in exactly the same business

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@TaxJusticeNet

6 years

Switzerland, USA and Cayman top the 2018 Financial Secrecy Index

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3 years

It’s not often that you can celebrate an outright, global triumph for the advocacy efforts of a movement. Today, for tax justice, is one of those days. Here's why the recommendations made by the @FACTIpanel report today are nothing short of remarkable.

A tide-turning moment in the global struggle for tax justice | Tax Justice Network

It’s not often that you can celebrate an outright, global triumph for the advocacy efforts of a movement. Today, for tax justice, is one of those days. The high level UN panel report launched today,...

taxjustice.net

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@TaxJusticeNet

4 years

Following bans from Denmark, Poland and Argentina on companies registered in tax havens from receiving #COVID19 bailouts, we've published a "bail or bailout" test to clarify uncertainty on how govt's can determine which companies are discreetly using tax havens to pay less tax.

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@TaxJusticeNet

4 years

#Covid19 has exposed the grave costs of a global tax system programmed to prioritise corporate giants over people. The #AxisofTaxAvoidance hand wealth to the biggest firms & take it away from nurses protecting us all. Here are 3 steps to take back control:

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@TaxJusticeNet

4 years

Could the wealth in tax havens help us pay for the Coronavirus response?

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@TaxJusticeNet

6 months

🚀We are excited to unveil our new Data Portal, offering free access to data on tax havens and financial transparency, aiming to empower researchers globally and promote data-driven narratives for social change. #TJN23

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@TaxJusticeNet

3 years

More tax is lost to tax havens ever year due to global corporate tax abuse by multinational corporations then due to private tax evasion by individuals. Overall, countries lose the equivalent of 34 million nurse's yearly salaries every year #taxjustice2020

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@TaxJusticeNet

9 months

Countries are on course to lose nearly $5 trillion to tax havens over the next 10 years - equivalent to a year of global spending on public health. We're urging countries to vote this year end in favour of a UN tax convention to avert these huge losses.

World to lose $4.8 trillion to tax havens over next decade unless UN tax convention adopted,...

CORRECTION – 23 August 2023: Due to a coding error, some data on 10 small jurisdictions was left out of the report’s tally on tax losses arising from global tax abuse. These jurisdictions are...

taxjustice.net

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@TaxJusticeNet

4 years

Denmark and Poland are right to exclude corporations registered in tax havens from getting bailouts – economies cannot be rebuilt on top of a tax haven trapdoor. But to tackle corporate tax abuse at its root instead of symptoms, govt's must shift to a unitary tax approach.

Ian Fraser

@Ian_Fraser

4 years

Denmark and Poland become first two countries to ban companies registered in tax havens from receiving bailouts and/or coronavirus business interruption aid 👏👏👏 @robertnpalmer @TaxJusticeNet

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9 months

"Isn't tax avoidance legal?" "Has the OECD really failed - it's agreed a global minimum tax rate?" "Can the UN succeed where the OECD hasn't?" These are good questions folks have asked us about our new report. Watch @dwnews ' interview for our answers.

A system for the rich? Tax avoidance could cost governments $5...

Tax avoidance will cost the world nearly $5 trillion over the next decade. That's the conclusion of a new report by the Tax Justice Network, a campaign group...

www.youtube.com

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@TaxJusticeNet

1 year

Today’s UN vote is a crucial turning point for the global tax system. Here are some figures about the current failures of the global tax system to help emphasise why today's vote is so urgent.🧵

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@TaxJusticeNet

3 years

When most people think of tax havens, they think of palm-fringed islands on the peripheries of the global economy. In reality, the biggest tax havens are OECD countries at the heart of the global economy and their dependencies. #taxjustice2020

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@TaxJusticeNet

3 years

Countries on EU's tax haven blacklist enable 2% of global tax losses. EU members enable 36%. British OT Cayman, top tax haven, is not blacklisted. EU deems it complaint w/ global tax rules. Clearly, global tax rules are not fit for purpose. #taxjustice2020

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@TaxJusticeNet

4 years

Today’s Apple decision confirms that the European Union’s rules against state aid are not up to the job of preventing EU member states operating as tax havens. Powerful tax justice reforms are needed

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@TaxJusticeNet

4 years

Now more than ever, EU countries must work together to prioritise people's wellbeing. But the EU cannot rebuild its economy on top of a tax haven trapdoor. Our new analysis reveals that the Netherlands costs EU countries $10bn in lost corporate tax a year. Summary in A4. #COVID19

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@TaxJusticeNet

3 years

A club of rich countries setting global rules on corporate tax are responsible for over two-thirds of global tax abuse. That tax abuse costs the world 8 times the EU's Coronavirus Global Response Fund; 3x the combined health budget of African countries

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@TaxJusticeNet

7 months

The long-awaited draft UN resolution to formally begin negotiations on establishing a legally-binding UN tax convention has now been published, and signals a direction in favour of the strongest of the reform options proposed by the #UN Secretary General.

Draft resolution brings world one step closer to UN tax convention | Tax Justice Network

Major blocs indicate starting positions as new draft resolution for a legally-binding convention sets the goal A long-awaited draft UN resolution to formally begin negotiations on establishing a...

taxjustice.net

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@TaxJusticeNet

4 years

The corporate tax haven model is highly wasteful. In return for costing EU countries $27bn in lost corporate tax a year, the UK, Switzerland, Luxembourg & Netherlands collected an extra $4bn in tax. That's $7 lost for each $1 collected. #AxisOfTaxAvoidance

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@TaxJusticeNet

4 years

Historic day for unitary tax today. In Paris, the OECD consultation on the biggest tax reform in a century is seeing large demand for unitary tax. In London, the Labour party has become 1st major political party in a world leading economy to commit to UT.

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Tax Justice Network

@TaxJusticeNet

6 years

OUR REACTION to EU's tax haven blacklist: “EU members like the Netherlands, Ireland&Lux the greatest procurers of global profit shifting but are excluded; the UK frustrated blacklisting of its Crown Dependencies&Overseas Territories at every turn, the list hard to take seriously"

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Tax Justice Network

@TaxJusticeNet

9 months

The UN Secretary-General has today set out his highly anticipated proposals for a UN framework convention on tax, putting the global tax system on course for the biggest shake-up in history.

UN Secretary-General sets out highly anticipated UN tax convention plans, rebukes OECD’s “limited...

The UN Secretary-General Antonio Guterres has set out his highly anticipated proposals for a UN framework convention on tax, putting the global tax system on course for the biggest shake-up in...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

1 year

Luxembourg and the Netherlands have already taken offline their public beneficial ownership registers. More beneficial ownership blackouts are expected to ensue across the EU as EU countries bar public access to their beneficial ownership registers.

EU court returns EU to dark ages of dirty money | Tax Justice Network

The European Court of Justice has barred EU governments from exercising one of the most powerful measures against financial secrecy of the past decade, immediately triggering a growing transparency...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

8 months

Join us as a Research Fellow! Are you a skilled researcher with a passion for data analysis and a commitment to #TaxJustice ? Lead impactful projects, collaborate with experts, and drive change. Remote work, global location flexibility. Apply now!

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Tax Justice Network

@TaxJusticeNet

4 years

How vulnerable is your country to illicit financial flows? Use our new #ifftracker to identify the trading partners and channels that pose the greatest vulnerability to your economy.

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Tax Justice Network

@TaxJusticeNet

6 months

A minority of rich countries are trying to stop the rest of the world from voting at the UN this month to change global tax rules for the better. Those countries lose the most to corporate tax abuse – they’re choosing tax abusers over their own taxpayers

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Tax Justice Network

@TaxJusticeNet

3 years

Our thoughts on #PandoraPapers so far: The Pandora Papers confirms our global tax system has been turned into an ATM for the rich and powerful, be they drug traffickers, pop idols or the very politicians we trusted with our taxes🧵

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Tax Justice Network

@TaxJusticeNet

3 years

"If the OECD cannot ensure Amazon is in scope, not only will it fail to meet the public demand for fairness here, it will offer a blueprint for other major multinationals to escape this element of the reform.” Our CEO @alexcobham 's comment in the Guardian's headline story today.

The Guardian

@guardian

3 years

Guardian front page, Monday 7 June 2021: Global deal may let Amazon off hook on tax, say experts

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Tax Justice Network

@TaxJusticeNet

3 years

"It’s not often that you can celebrate an outright, global triumph for the advocacy efforts of a movement. Today, for tax justice, is one of those days," writes Tax Justice Network CEO @alexcobham

A tide-turning moment in the global struggle for tax justice | Tax Justice Network

It’s not often that you can celebrate an outright, global triumph for the advocacy efforts of a movement. Today, for tax justice, is one of those days. The high level UN panel report launched today,...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

4 years

CALL FOR PAPERS for our conference on empire, taxation, inequality and reparations. How can society and institutions begin to address centuries of damage and colonial legacies? What sort of reparations can mitigate economic damage? Submit by 11 Sept.

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Tax Justice Network

@TaxJusticeNet

5 years

The top 10 jurisdictions responsible for 52% of the world’s corporate tax avoidance risks, as measured by our Corporate Tax Haven Index 1 BVI 2 Bermuda 3 Cayman Islands 4 Netherlands 5 Switzerland 6 Luxembourg 7 Jersey 8 Singapore 9 Bahamas 10 Hong Kong

New ranking reveals corporate tax havens behind breakdown of global corporate tax system; toll of...

Researchers call for new tax rules to “tax corporations where employees work, not where ledgers hide” Decades of tax wars among the world’s richest countries are unravelling the century-old global...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

4 years

Take action to stop corporate tax cheating in Europe

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Tax Justice Network

@TaxJusticeNet

4 years

"My billionaire bosses funnelled money offshore for years. Now they want a bailout. The offshore world has no loyalty to anyone. Blow the whistle, expose the fraud, let’s build a better system. It could be you next" #coronavirus

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Tax Justice Network

@TaxJusticeNet

3 years

The single biggest change in a century to international tax rules will be discussed at a G7 meeting this weekend. We'll be publishing updates and reactions on key developments throughout the week here:

Live blog: Global minimum tax rate at G7 | Tax Justice Network

The single biggest change in a century to international tax rules will be discussed this weekend at an annual meeting of the G7 – a club of the world’s seven largest economies: Canada, France,...

taxjustice.net

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Tax Justice Network

@TaxJusticeNet

7 years

“Nine hundred and fifty seven business jets in the Isle of Man seems a bit excessive"

Jeremy Corbyn confronts Theresa May about private jet owners dodging tax in Isle of Man

'Nine hundred and fifty seven business jets in the Isle of Man seems a bit excessive for any island', Prime Minister told

www.independent.co.uk

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Tax Justice Network

@TaxJusticeNet

5 years

“A handful of the richest countries have waged a world tax war so corrosive, they’ve broken down the global corporate tax system beyond repair." - our CEO @alexcobham

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Tax Justice Network

@TaxJusticeNet

6 years

"Whistleblowers who expose tax dodging are not criminals. When corporations cover up their dodgy tax practices, the bravery of individuals like Antoine Deltour and Raphael Halet is a stand for justice."

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Tax Justice Network

@TaxJusticeNet

6 years

TOMORROW (Tuesday 30th January) the Financial Secrecy Index will go LIVE on this site at 18.00 CET: #FSI18 #FSI2018 Get the real story on global corruption and follow @FinclSecrecyInd for more details

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Tax Justice Network

@TaxJusticeNet

7 years

Joseph Stiglitz: we need 'a global agreement to end the tax competition race to the bottom'

Nobel-prize winning economist Joseph Stiglitz on how to stop inequality and tax avoidance

www.smh.com.au

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Tax Justice Network

@TaxJusticeNet

1 year

We mailed an open letter to King Charles today (cc @RishiSunak ) urging the monarch to address the heavy financial and human costs inflicted on people around the world by British tax havens. Read about it in the @guardian

King Charles urged to push for breakup of UK’s ‘network of satellite tax havens’

Tax Justice Network says monarch can lead push to revamp laws allowing ‘industrial scale avoidance’ totalling £152bn a year

www.theguardian.com

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Tax Justice Network

@TaxJusticeNet

4 years

Instead of declaring profits in the EU countries where they were made, US firms shifted $115bn in profit to the UK, Switzerland, Luxembourg and the Netherlands, aka #AxisOfTaxAvoidance , in order to underreport profits elsewhere and pay billions less in tax

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Tax Justice Network

@TaxJusticeNet

10 months

FT confirms our reporting with @CICTAR_Tax of OECD’s attempts to block progress on tackling tax havens. The news will have significant implications for the upcoming vote at the UN on shifting leadership on global tax from the OECD to the UN.

FT confirms OECD lobbied against Australian tax transparency | Tax Justice Network

The Financial Times has confirmed that the OECD – the international tax rulemaker – heavily lobbied to stop Australia from passing legislation that would have delivered the biggest transparency...

taxjustice.net

Emma Agyemang

@EmmaAgyemang

10 months

EXCL: The OECD helped persuade Australia to water down a law that would have required thousands of multinationals to publicly say where they pay tax On tomorrow's international front page with @NicFildes - via @FT

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