Monthly Archives:: December 2011

Guest blog: time for tax transparency

Posted by & filed under HMRC.

Guest blog: Oliver Huitson, writing about the UK’s widely reported Public Accounts Committee report on Her Majesty’s Revenue & Customs (HMRC, the UK’s tax authorities.) Cross-posted from the New Statesman, with permission (also see the Tackle Tax Havens blog.) Another Public Accounts Committee report, another sad indictment of the probity of our governance… This time it…

This fight against corporate tax avoidance straddles left-right divide

Posted by & filed under Uncategorized.

From the Treasure Islands blog: As evidence backing up my headline, look at the current front page headlines in two right-wing UK dailies, concerning a damning report by the UK parliament’s Public Accounts Committee: Why double standards by the taxman mean you pay more – Telegraph Big firms let off £25BILLION in taxes: As families…

Russia: companies urged to return from “offshore shadows

Posted by & filed under Uncategorized.

From Reuters, via TJN: Prime Minister Vladimir Putin on Monday decried the illicit use of offshore structures by Russian state businesses to spirit cash out of the country and ordered them to return from the “offshore shadows”. The comments by Putin, who has launched a bid to return to the Kremlin next March, mark his…

The falling number of financial prosecutions – in pictures

Posted by & filed under HMRC, Tackle Tax Havens.

This picture from David Cay Johnston of Reuters speaks for itself: The #Occupy movement is on to something in this particular respect (as in many other respects). Meanwhile, over in the UK we see something similar, via the Treasure Islands blog, which we re-post in full here, with permission: “This is remarkable, from Britain’s Daily Mail:…

Transparency: the coin has another, darker side

Posted by & filed under Secrecy, Tackle Tax Havens, Tax, Tax havens.

Transparency International, a pioneer in the fight against corruption since the 1990s, has a new Corruption Perceptions Index out. It’s been splashed across newspapers around the world. Transparency International has played a massive role in bringing corruption into global consciousness. But we have a question. Why, oh why, oh why, is Switzerland – that great…