{"id":17060,"date":"2012-08-23T07:56:58","date_gmt":"2012-08-23T06:56:58","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=17060"},"modified":"2012-08-23T07:56:58","modified_gmt":"2012-08-23T06:56:58","slug":"and-theres-more-good-news-on-tax-and-development-today-from-the-usa","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/08\/23\/and-theres-more-good-news-on-tax-and-development-today-from-the-usa\/","title":{"rendered":"And there&#8217;s more good news on tax and development today &#8211; from the USA"},"content":{"rendered":"<p>In the UK those of us with concern on tax and\u00a0development <a title=\"The House of Commons International Development Committee say its time for country-by-country reporting\" href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2012\/08\/23\/the-house-of-commons-international-development-committee-say-its-time-for-country-by-country-reporting\/\">have good reason to be pleased this morning<\/a>.<\/p>\n<p>But there's also good news from the States today. <a href=\"http:\/\/www.sec.gov\/news\/press\/2012\/2012-164.htm\" target=\"_blank\">The SEC has finally published the rules to be applied to oil, gas and mineral companies<\/a> based in the US and how they must disclose\u00a0the payments they make to\u00a0governments where they extract their raw materials.<\/p>\n<p>This\u00a0rule is directly inspired by my work on\u00a0country-by-country reporting. <a href=\"http:\/\/www.globalwitness.org\/sites\/default\/files\/import\/IFRS%20for%20EI%20September%202005%20Final.pdf\" target=\"_blank\">I was the first person to link reporting payments in accounts in the extractive industries and financial reporting<\/a> as a way to tackle corruption way back in 2005. \u00a0So let me be honest: what the SEC has delivered is not\u00a0country-by-country reporting and it's therefore not all I want.<\/p>\n<p>But it's one heck of a big way forward.<\/p>\n<p>And another reason for celebration today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the UK those of us with concern on tax and\u00a0development have good reason to be pleased this morning. But there&#8217;s also good news from<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/08\/23\/and-theres-more-good-news-on-tax-and-development-today-from-the-usa\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79,19],"tags":[],"class_list":["post-17060","post","type-post","status-publish","format-standard","hentry","category-country-by-country","category-development"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/17060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=17060"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/17060\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=17060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=17060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=17060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}