The Tax Justice Network for Africa issued this press release today:
FOR IMMEDIATE RELEASE
May 10, 2008
Lusaka, Zambia
Africa has lost $607 billion (US).
Equitable taxation not aid will end the looting of Africa: Tax Justice Network for Africa
Africa’s revolving door
Capital flight from Africa is devastating development at an alarming rate. It deprives Africa of investment and further exacerbates […]
The TJN blog has a great article by Nick Shaxson on the need for France to transform its relationship with Africa. As he says:
Once again the latest chapter in one of the biggest, and most fascinating, stories about Africa’s international relations has been almost entirely neglected by the English-speaking media. The French Secretary of State […]
Forbes has reported that President Levy Mwanawasa of Zambia has announced the cancellation of all tax concessions for copper mining companies operating in Zambia, saying they were ‘unfair and unbalanced’ and that in their place ‘The government has, therefore, decided to introduce a new fiscal and regulatory regime in order to bring about equitable distribution […]
More from the OECD tax conference in South Africa:
The OECD’s Deputy Secretary General, Pierre Carlo Padoan, says capital flight to tax havens is harming the continent’s development.
He says while Africa is beginning to fulfil its economic potential, better tax revenues are needed to finance the infrastructure and the skills needed for a vibrant economy.
Read the […]
Trevor Manuel, South Africa’s Finance Minister, is one of the rock stars of his profession. His keynote speech to the the world’s tax experts at the latest OECD forum on Tax Administration in beautiful Cape Town are right on the money. Quoted in South Africa’s Business Day, he said:
Smaller, poorer countries with tax administrations that […]
Tax Commissioners from OECD and non-OECD countries meet to discuss how to enhance the relationship between revenue bodies,taxpayers and tax intermediaries
Cape Town, South Africa
10-11 January 2008
South Africa will host the Fourth meeting of the OECD’s Forum on Tax Administration in Cape Town on 10-11 January 2008, bringing together more than 130 participants from around 40 […]
I have been subject to some fairly predictable verbal assaults from some in the financial services industry over the last few days, especially but not solely in Jersey.
Sane people I know read what is said and dismiss the comments as being simple abuse, and not worthy of further consideration. I’m not sure I agree. Abuse […]
War on Want issued the follwoing press release today:
Tax haven poverty alert
The City of London today came under fire for paying out million of pounds in Christmas bonuses while denying many of the world’s poorest countries the tax owed by British companies.
The anti-poverty charity War on Want attacked the City amid reports that dozens of […]
The Guardian reports that:
Gordon Brown plans to harness at least 20 of the world’s biggest multinational companies, including Google and Vodafone, to tackle a “development emergency” in the world’s poorest countries and put the international community back on course to achieve seven UN development goals by 2015.
Google are on the list.
But they’re tax avoiders. Big […]
For the second day running a really great article on tax from Africa. This comes from Jeremiah Owiti of the Centre for Independent Research in the Kenyan Business Daily:
In Kenya, it is time that tax policy in general and tax justice in particular are mainstreamed and addressed in national policy discussions.
This could be the key […]
