Senator Carl Levin introduced the “Stop Tax Haven Abuse Act” today in the US Senate, taking aim at offshore tax haven abuses which costs the US approximately $100 billion in lost tax revenue per year. The bill contains an array of provisions which would permanently close offshore tax loopholes, raise revenue, and increase transparency and
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The following blog has been reposted from the blog of the Task Force on Financial Integrity and Economic Development, of which Tax Research LLP is a member. It was written by Mar??a Jos?© Romero and Susana Ruiz of Euordad – another Task Force member: Practice Costs Spain, Developing Countries Dearly in Much-Needed Tax Revenue A
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The economics editor of the Independent has written a review of Nick Shaxson’s book, Treasure Islands. To be candid, it’s easily the most cynical to date. As he concludes: [A]part from new potatoes, gold-top milk and some tourism, Jersey has little going for it economically. Nor do most of the British overseas territories fingered by
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There is enormous interest in where Mubarak’s cash might be hidden. I know that I and other members of the Task Force on Financial Integrity and Economic Development are all taking calls on this issue, and some press comment is following as a consequence. Before noting those comments, what is really interesting is that no
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As part of a newly announced government plan to tackle corruption, crime, and illicit capital flight, the government of India has joined the Task Force on Financial Integrity and Economic Development’s Partnership Panel. Task Force Partnership Panel members also include the governments of Chile, Denmark, France, Germany, Greece, the Netherlands, Norway, and Spain, the Canadian
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A unique coalition of asset management firms and civil society organizations issued a statement today committing to call on governments and relevant multilateral institutions to establish a country-by-country financial reporting standard for multinational corporations. The “New Haven Declaration on Corporate Financial Transparency” establishes links between corporate accountability, business practices, and economic development and poverty alleviation.
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Tax Research UK is a member of the Task Force on Financial Integrity and Economic Development. The Task Force has its conference next week. The Task Force has more than 70 allied members now, most from developing countries: 5th Pillar (USA) Aakar Trust (India) Afghanistan Research and Evaluation Unit (Afghanistan) AfriCOG (Kenya) African Citizens Development
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The following is by Alex Cobham of Christian Aid and is reposted from the blog of the Task Force on Financial Integrity and Economic Development. Tax Research UK is a member of the Task force: The Task Force on Financial Integrity and Economic Development has a problem. There are two common reactions when people hear
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Pieces authored by Global Financial Integrity (GFI) director Raymond Baker and GFI director of government affairs Heather Lowe appear in the latest issue of the American Interest.  The July/August edition of the bimonthly publication hits newsstands this week and may be viewed online at http://www.the-american-interest.com/ GFI manages the Task Force on Financial Integrity and Economic
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