Tax Justice Network Archives - Corruption Watch

Posts

UN adopts plans for historic tax reform, move away from OECD

04 Dec 2023, 16:37

By Mark Bou MansourFirst published on the Tax Justice Network On 22 November countries at the UN adopted, by a landslide majority, a resolution to begin the process of establishing a framework convention on tax and completely change how global tax rules are decided. The framework convention can eventually move decision-making on global tax rules Read more >

CORRUPTION NEWS

Beneficial ownership and climate crimes: A fishy business

03 Oct 2023, 14:43

By Matti KohonenFirst published on Tax Justice Network In this blog we explore how climate justice and tax justice advocates can unite and demand beneficial ownership transparency for sectors prone to climate crimes. As the Tax Justice Network has previously noted, the climate crisis and financial secrecy are closely connected. Immense pressure and a set Read more >

CORRUPTION NEWS

Tax havens will siphon trillions unless action taken

10 Aug 2023, 9:33

We know about the millions and billions lost to theft, corruption, maladministration, and other widely publicised causes – but what about the more insidious loss of similar amounts to the undeclared movement of taxable funds across borders? On 25 July the Tax Justice Network (TJN) published its annual State of Tax Justice report, and at Read more >

CW VOICES

Physician, heal thyself before attempting to heal others of corruption

20 Jul 2023, 12:27

By Janine Erasmus – CW Voices “Nigeria and Afghanistan – possibly two of the most corrupt countries in the world.” This politically naīve statement (as we shall see) was uttered by then British prime minister (PM) David Cameron ahead of an anti-corruption summit that took place there in May 2016. But having covered and studied Read more >

CW VOICES

Enablers galore: the countries that contribute to illicit financial crimes

20 Jul 2023, 12:27

By Janine Erasmus – CW Voices In part one of our latest mini-series, we posed the question: who are the real corrupt countries in today’s globalised context? We considered factors such as beneficial ownership transparency, the implementation of the African Union Anti-Corruption Convention, and pan-African collaboration in anti-corruption research. The usual suspects such as Nigeria Read more >

CORRUPTION NEWS

A global asset registry will boost equality and fight lawless wealth

02 Aug 2022, 13:37

Anonymous private wealth. Luxurious homes, state-of-the-art yachts and aircraft, priceless jewellery, valuable pieces of art, and more. Symbols of an ever-increasing global problem of financial inequality, and a proven driver also of corruption and tax abuse. Such wealth in the hands of a mere fraction of the global population is unsustainable – and as long Read more >

CORRUPTION NEWS

OECD a “rich countries club” helping firms commit tax abuse, TJN shows

10 May 2021, 12:51

In part 3 of our new mini-series on financial secrecy, we focus on the Corporate Tax Haven Index (CTHI), published by the Tax Justice Network (TJN) – the 2021 edition, released in March, is the second since 2019. Part 1 of the series looked at the definition of and gave information on secrecy jurisdictions and Read more >

CORRUPTION NEWS

Global financial secrecy declines, SA remains stagnant on secrecy index

30 Apr 2021, 13:55

The term ‘secrecy jurisdiction’ might, for many, conjure up the image of a fortified bank vault deep underground in a Swiss city, or a tropical island teeming with wealthy individuals and located far away from troublesome laws and regulations. And indeed, the world’s greatest enabler of global financial secrecy is currently the sunny Cayman Islands, Read more >

CORRUPTION NEWS

Financial secrecy – dangerous, destructive, and enabling corruption

21 Apr 2021, 10:21

In our new mini-series we’ll delve into the issue of financial secrecy – what it is, who enables it, how does it affect economies, which are the big culprits, and what role does corruption play? The series is based on two reports released by the Tax Justice Network (TJN) – the biennial Financial Secrecy Index, Read more >