Under pressure from corporate giants and the super-rich, governments have programmed tax and financial systems to prioritise the wealthiest over everybody else, wiring financial secrecy and tax havens into the core of the global economy, says the Tax Justice Network (TJN). The organisation released the 2025 edition of its annual State of Tax Justice report Read more >
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CORRUPTION NEWS
For those who wonder why such a fuss is made about illicit financial flows in the form of tax abuse, here is the reason – countries around the world are losing US$492-billion in tax a year because multinational corporations and wealthy individuals are able to use tax havens to avoid or underpay tax. Nearly half Read more >
CORRUPTION NEWS
Image: Civil Society Financing for Development Mechanism The global system of taxation is profoundly unequal, and long overdue for change. Global tax rules tend to favour developed countries, to a large degree because the Organisation for Economic Cooperation and Development (OECD) is the de facto rule setter, and has been for over 60 years. Those Read more >