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TAX NEWS

UK overseas territories fight back against financial transparency measures

UK overseas territories fight back against financial transparency measures
Ten years ago the Tax Justice Network was told it’d never happen, but recently British Members of Parliament voted to stop secret ownership of companies in British Overseas Territories. Unfortunately the Crown Dependencies were not included in the measure ...

British overseas territories in talks to keep tax haven secrecy

British overseas territories in talks to keep tax haven secrecy
UK plan to impose public registers of share ownership sparked protests and calls for constitutional separation.Leaders of British overseas territories are to hold two days of showdown talks with ministers in an attempt to reverse the UK government’s ...

Spain’s new culture minister steps down over tax fine

Spain’s new culture minister steps down over tax fine
Màxim Huerta stepped down as Spain’s culture and sports minister today after a week in office, following reports that he had been fined for evading hundred of thousands of euros in taxes. The resignation is an early blow to new socialist Prime Minister Pedro ...

How tax havens turn economic statistics into nonsense

How tax havens turn economic statistics into nonsense
It’s no secret that tax havens help launder money, hide what powerful people own, and let giant corporations pay negligible taxes. One thing that’s not often mentioned is how they skew a lot of economic data. A recent IMF ...

We have tax havens to thank for rising levels of global prosperity

We have tax havens to thank for rising levels of global prosperity
Would the world be a better place if offshore finance didn’t exist? Shadow chancellor John McDonnell doubtless thinks so, believing that the tax planning these jurisdictions make possible only hurts other countries. Yet a look at the evidence might...

Who's behind the blog

Who's behind the blog

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