{"id":20039,"date":"2013-04-11T07:45:15","date_gmt":"2013-04-11T06:45:15","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=20039"},"modified":"2013-04-11T07:45:27","modified_gmt":"2013-04-11T06:45:27","slug":"lets-eradicate-tax-tax-havens","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/04\/11\/lets-eradicate-tax-tax-havens\/","title":{"rendered":"Let’s eradicate tax tax havens"},"content":{"rendered":"

The BBC reports this morning that<\/a>:<\/p>\n

\n

French President Francois Hollande has called for \"eradication\" of the world's tax havens and told French banks they must declare all of their subsidiaries.<\/p>\n

He was speaking after presenting a draft law aimed at \"moralising\" French public life - a response to the tax scandal that has shaken his presidency.<\/p>\n

France's ex-Budget Minister Jerome Cahuzac has been charged with fraud over a secret Swiss bank account.<\/p>\n

Mr Hollande said a new central agency would fight fraud and corruption.<\/p><\/blockquote>\n

Of course Hollande is reacting to a \u00a0domestic crisis. Of course this is rhetoric. And of course we've heard it all before. That's the cynic speaking.<\/p>\n

And yes, I do think that this time it is a little different. First,\u00a0Hollande\u00a0has been badly hurt,\u00a0personally, this time. he has strong\u00a0reason\u00a0to deliver.<\/p>\n

Second, in 2009 when Gordon Brown almost said such things it was novel and unknown territory. Now it is familiar and reflects the\u00a0zeitgeist\u00a0the\u00a0Tax Justice Network and others have created.<\/p>\n

Third, the methodologies to deliver are now becoming clearer to those in\u00a0power, even if, again, they've all been on the Tax Justice Network agenda for years. So, country-by-country reporting<\/a> is\u00a0being\u00a0demanded for banks (and will be delivered in\u00a0France\u00a0and across Europe). Full, automatic, multilateral information exchange<\/a> is being demanded and can be delivered<\/a>. The G8 will address\u00a0corporate\u00a0tax\u00a0reform, albeit subject to the\u00a0enormous\u00a0limitation that\u00a0corporate\u00a0capture of the OECD imposes.<\/p>\n

Fourth, the political will exists worldwide. And I don't just mean amongst politicians, I mean amongst people.<\/p>\n

The environment for change and the environment in which the curse of tax haven fraud and abuse can be eliminated has been created.<\/p>\n

It will\u00a0happen. Not overnight. but it will happen.<\/p>\n","protected":false},"excerpt":{"rendered":"

The BBC reports this morning that: French President Francois Hollande has called for “eradication” of the world’s tax havens and told French banks they must
 Read the full article…<\/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":[80,32,11,1],"tags":[],"class_list":["post-20039","post","type-post","status-publish","format-standard","hentry","category-secrecy-jurisdictions","category-tax-havens","category-tax-justice-network","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20039","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=20039"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20039\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=20039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=20039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=20039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}