This blog is about the role of tax systems in the Covid-19 crisis. We will follow it with a series of others: about the role of tax havens, the role of bailouts and subsidies, and the role of a race to the bottom on regulation, tax and other areas. And more. Please watch this space.
The challenges of tax justice do not exist in a vacuum. It is not an accident that billions of dollars are lost worldwide to tax avoidance and tax evasion each year. Nor is there anything random about the failure to tackle loopholes, or to move forward proven measures to improve transparency and accountability of the actors, or simply to maintain progressive taxation.
The Tax Justice Network The Financial Secrecy Index ranks jurisdictions according to their secrecy and the scale of their offshore financial activities. A politically neutral ranking, it is a tool for understanding global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or capital flight.
The index was launched on 18 February 2020.
Original Article posted at Tax Justice Net. All links in this article lead back to Tax Justice Network website. There is a donation link at the bottom, please consider donating to the great work they do. Introduction The Tax Justice … Continued
More beneficial ownership loopholes to plug: circular ownership, fragmented control and companies as parties to the trust September 6, 2019 by Andres Knobel Leave a Comment TweetShare29 Beneficial ownership transparency has been defined as a key tool to tackle tax … Continued