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.
Introduction: The money churning through the world’s financial plumbing can end up in the strangest of places and in the hands of some seriously criminal people. Avi Jorisch takes a look at the methods used to transform illegal money into … Continued