Blog Archives

Podcast: Tax justice and public contracts, Brexit threats, criminal dodges and crackdowns in the Tax Justice Network January 2017 podcast

In this month’s Taxcast, the Tax Justice Network monthly podcast: we look at tax justice and public procurement – the efforts to hit tax dodging companies where it really hurts on a local level – trying to stop them bidding for public money for public contracts. Also:

  • how massive amounts of money are flowing into Tax Haven USA to circumvent the flawed Common Reporting Standard – South Dakota is apparently raking in tax evading capital
  • the slippery world of ‘residence planning’ and the ‘synthetic residency’ dodge
  • we discuss the UK’s Criminal Finances Bill likely to be passed this year, which includes proposals for ‘Unexplained Wealth Orders’ and holding tax evading enablers to account. An amendment to the bill could force UK satellite tax havens, the overseas territories to create public registers of the real owners of companies, something they’ve so far refused to do.
  • and we consider the British threat to the EU: ‘if you give us a bad Brexit deal, we’ll push regulation-lite, tax haven UK even further in a race to the bottom and shoot ourselves in the foot.’

(more…)

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Ownership Avoidance, the Great Escape from the Tax Justice Network Dec 2016 Podcast

In the December 2016 Tax Justice Network monthly podcast, the Taxcast: In trusts we trust? We look at the new game in town: beneficial ownership avoidance, the booming industry in alternative escape vehicles from public registers and why we must shine the spotlight on all of them. Plus: we discuss two big stories we think will define 2017: the race to the bottom between nations on tax aka a transfer of wealth to the corporate community, and how the world’s biggest havens are increasingly having to account for the devastating effect their tax and/or financial secrecy policies are having on human rights around the world… (more…)

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TRUMP, DEBT COLLAPSE, & GOLD: Jim Willie Asks, Is The End Near?

Jim Willie Joins Us For An Explosive Interview, Discussing:

How Will Trump Affect GOLD
The Italian banking system is on its last leg ►3:07
The media’s lies about Trump ►17:07
Will the Fed sabotage the Trump administration? ►27:53

Subscribe for free to the SD YouTube channel

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Tax Inspectors Without Borders, Trump and Tax Justice: Podcast from the Tax Justice Network

Welcome to the Tax Justice Network November 2016 Podcast! In this month’s Taxcast:

– Tax Inspectors Without Borders – we look at a practical project that’s changing lives and aiming to level the global playground of tax-minimising multinational companies.

– Plus: what does new US President Trump mean for tax justice?

– And, in Trusts we trust? The French Constitutional Court upholds a challenge to France’s trailblazing public register of Trusts: what does it mean for progress on financial transparency?

Featuring: James Karanja of Tax Inspectors Without Borders, US economist Joseph Stiglitz, Savior Mwbamba of Action Aid, Dr Attiya Waris of Nairobi University and John Christensen of the Tax Justice Network. Produced and presented for the Tax Justice Network by Naomi Fowler.

‘We would like to see a situation where we have helped developing countries to build and recover billions of tax revenue from multinationals that have woven circles around these governments,to build capacity and skills of those tax administrations to the point where the multinationals know that we have a level playing field whether you operate in Britain, whether you operate in Chad or in Bolivia, we want to see them practice in the same manner and pay the fair share of tax wherever they are operating from.’

James Karanja, Head of the Tax Inspectors Without Borders Secretariat

You can download this podcast directly onto your mobile device. phone or tablet (‘right click and save link as’) http://traffic.libsyn.com/taxcast/Taxcast_Nov_16.mp3

The Taxcast is also available on iTunes https://itunes.apple.com/gb/podcast/taxcast-by-tax-justice-network/id620020246

To subscribe to the Taxcast please email naomi [at] taxjustice.net or grab the show’s RSS feed here: http://taxcast.libsyn.com/rss or subscribe to our youtube channel Tax Justice TV – the Taxcast playlist is here.

Tax Justice Network daily blog: www.taxjustice.net

You can listen to previous Taxcasts here and here.

Podcast: Iceland: offshorisation, collapse and recovery. What are the lessons?

In the October 2016 Tax Justice Network podcast: we look at the offshorisation of Iceland’s economy, its collapse and recovery. What are the lessons? Also, Brazil adds Ireland to its tax haven black list and Panama threatens anyone who dares call it a tax haven with a new law…plus more scandal and unique analysis you won’t find anywhere else. Produced by Naomi Fowler for the Tax Justice Network and featuring Sigrun Davidsdottir, journalist, blogger and podcaster, journalist Ingólfur Sigfússon and John Christensen of the Tax Justice Network.

You can download this directly onto your mobile device. phone or tablet (‘right click and save link as’ here)

“Iceland didn’t do what Europe has been doing, lingering in a limbo and not really tackling the big issues, we can see that every so often the European banking sector is struggling now with Italian banks, with Deutsche bank and so on, and this is very much down to the fact the painful things have been avoided and I often say that Iceland shows that a quick stab is better than a lingering pain. Iceland took the quick stab, it was extremely painful at the time but at least things have and are being slowly cleared out and that makes a huge difference compared to the so many European countries where the lingering pain is still there.”

Sigrun Davidsdottir, journalist, blogger and podcaster. Read her Icelog

“Panama is not just a major secrecy jurisdiction, it is a politically delinquent secrecy jurisdiction…they are moving away from a democratic country where civil society can interact freely…to an increasingly autocratic model and Panama now deserves to have strong international sanctions imposed upon it to make sure it doesn’t proceed down this highly autocratic highly secretive, highly non-cooperative model because the only people who’ll benefit from that are the criminals”

John Christensen of the Tax Justice Network

The Taxcast is also available on iTunes

Never miss an episode. Grab the show’s RSS feed here

Subscribe to our youtube channel or email naomi [at] taxjustice.net

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Podcast: Freeloading Apple and their taxes, #BahamasLeaks and offshore con industry

In the September Tax Justice Network podcast, the Taxcast: How a conman can devastate the lives of thousands of ordinary people, aided and abetted by the offshore industry – with banks, law firms and accountants all happy to look the other way and not ask questions. Plus, we discuss: the latest leak from the Bahamas, #BahamasLeaks; and Apple’s 13 billion euro underpaid tax bill: a defining moment in the battle between the low/no-tax world big corporations would like to see and democratic, accountable governance in the public interest. (more…)

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Are the Big 4 accountancy firms really the Big 1? Tax Justice Network Podcast

In the August 2016 Tax Justice Network podcast: The Big Four accountancy firms: Are they in fact more like the Big One? And should they be broken up? Also: (more…)

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Podcast: the #PanamaPapers scoop journalists, and #Brexit: what does it mean for tax justice?

In the July 2016 Tax Justice Network podcast:

Hello. This is John Doe. Interested in data? I’m happy to share.‘ We talk to the two journalists who got the Panama Papers scoop, Bastian Obermayer and Frederik Obermaier who’ve written a book about their experience.

Plus: what does Brexit mean for tax justice? We discuss the F4 (unholy) alliance between Switzerland, Hong Kong, Singapore and the UK, and the accelerated corporate tax race to the bottom.

‘Unfortunately there is the world people like you and me are living in and there is a second world, a parallel world, the offshore world where people with enough money will always find possibilities to hide their money…there are people out there choosing which law they want to stick to and that is a problem for democracy.’

Frederik Obermaier

‘I am very clear about what would happen if you take away the secrecy, if you take away the anonymity. I am completely sure that the whole system would crash because why would they go to the British Virgin Islands for a company when you can see who owns it? You know, it’s not rocket science.’

Bastian Obermayer

Post-Brexit: ‘I think that Britain’s likely development strategy will be to actually deepen its tax haven role sitting offshore Europe.’

John Christensen

Featuring: The Tax Justice Network’s John Christensen, Bastian Obermayer and Frederik Obermaier of the Sudduetsche Zeitung newspaper and authors of the new book: The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money. Produced and presented by Naomi Fowler for the Tax Justice Network. Also available on iTunes.

You can subscribe to our youtube channel or email Naomi [at] taxjustice.net to be added to the subscriber email list, or subscribe to the Taxcast on our rss feed. You can also follow The Taxcast and the Tax Justice Network on twitter.

Join us on facebook https://www.facebook.com/TaxJusticeNetwork

Home websites: www.tackletaxhavens.com/taxcast www.taxjustice.net/taxcast

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Podcast: #Brexit, Kleptocracy and why Panama Papers is only tip of offshore iceberg

In the June 2016 Taxcast from the Tax Justice Network: How different could the lives of those in poverty have been without secrecy jurisdictions? We give you the very latest estimates on the missing trillions offshored from the world’s developing regions. Also: Brexit and the special interests behind it: “Nakedly, brazenly, they’re pushing the City of London’s deregulated, criminal approach to finance”. Plus, the Panama Papers shed some light on secretive, pro-tax haven US lobbying group the Center for Freedom and Prosperity’s funders.

the revelations from the Panama Papers have been sensational but an international investigation with some kind of subpoena power would I think be 10 times as important.”

James Henry

Featuring: John Christensen of the Tax Justice Network, and Columbia University Professor, Economist, lawyer and Tax Justice Network senior advisor James Henry. Produced and presented by @Naomi_Fowler for the Tax Justice Network.

You can subscribe to our youtube channel or email Naomi [at] taxjustice.net to be added to the subscriber email list, or subscribe to the Taxcast on our rss feed. You can also follow The Taxcast and the Tax Justice Network on twitter.

Download to listen offline here: http://traffic.libsyn.com/taxcast/Taxcast_June_16.mp3

Join us on facebook https://www.facebook.com/TaxJusticeNetwork

Home websites: www.tackletaxhavens.com/taxcast www.taxjustice.net/taxcast

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Tax Justice Network Podcast: the Anti-Corruption Summit – who’s the most corrupt?

What is corruption? Well, that’s a political question, and the answer depends on who you ask. In this podcast we discuss the anti-corruption summit in the City of London, the world’s capital of sleaze and ask if the sun ever set on the colonial era and the idea that corruption is a poor country issue. We explore extortive corruption versus collusive corruption and look at a new Poll which indicates for the first time the vast gulf between what the British people consider corrupt, and what has become a ‘normal’ way of doing business and politics. The overlap between the public and private spheres raises serious questions about democracy – and the nature of global fraud.

Produced and presented by @Naomi_Fowler for the Tax Justice Network.

Featuring: Nicholas Shaxson of Treasure Islands: Tax Havens and The Men Who Stole the World, Professor Vincenzo Ruggiero of the Crime and Conflict Research Centre at Middlesex University, Will McMahon of the Centre for Crime and Justice Studies, Professor David Whyte of Liverpool University and editor of the book ‘How Corrupt is Britain?‘, British Prime Minster David Cameron, President Buhari of Nigeria.

You can read more on the Corruption Poll results in the Tax Justice Network’s Tax Justice Focus: The Corruption Issue here. You can also read about our Financial Secrecy Index here.

You can subscribe to our youtube channel Tax Justice TV and never miss a Taxcast, or email naomi [at] taxjustice.net to ask to be added to the subscriber list OR use iTunes, OR our RSS feed.

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Tax Justice Network Podcast: the #PanamaPapers – what now?

In the April 2016 Taxcast: we discuss the biggest offshore leak in history, the #PanamaPapers: could it provide an opportunity for nations to expand their secrecy market share? Once again, all eyes are on Trusts… Also, as the #LuxLeaks whistleblower Antoine Deltour’s trial begins in Luxembourg, we ask why protections for whistleblowers are being eroded and what it says about the state of our democracy.

Presented and produced for the Tax Justice Network by Naomi Fowler. Featuring: John Christensen of the Tax Justice Network, Member of the European Parliament Fabio De Masi, Antonio Gambini of CNCD 11.11.11, co-founder of Luxembourg’s home grown tax justice collective Collectif Tax Justice Lëtzebuerg Luc Dockendorf and a brief appearance by EU Commission President and former PM of Luxembourg Jean-Claude Juncker.

‘it does appear that the British Prime Minister is pushing to protect and enlarge the British Trust industry, at the expense of traditional banking secrecy arrangements and for that reason we must ensure that there is absolutely no way that Trusts can be used as a way of wriggling out of international information exchange processes.’

John Christensen, Tax Justice Network

‘such very useful leaks [like Panama Papers and Lux Leaks] and the disclosure of so much interesting data will be much more difficult in the future.’

Antonio Gambini, CNCD 11.11.11

‘in many ways Luxembourg is a diverse, affluent, peaceful, happy society but then of course there is always those nagging questions where is the wealth really coming from and is it a sustainable business model and the wealth that we get, is it a zero sum or negative sum gain for people around the world?’

Luc Dockendorf, Collectif Tax Justice Lëtzebuerg

You can read the Tax Justice Network daily blogs here, and you can subscribe to our youtube channel Tax Justice TV

The Tax Justice Network monthly podcast: restoring the rule of law to Wall Street in 60 days

In the Tax Justice Network March 2016 podcast: Is the US president really serious about tackling corruption in the finance sector? Are the presidential candidates? Now they can prove it. Bank Whistleblowers United tell us how they can restore the rule of law to Wall Street and avoid the next financial crisis in 60 days without any new legislation. Plus: why a wave of tax amnesties is likely to sweep across the world (how does 1% tax and immunity from prosecution sound?) and what the very first transparency data on banks exposes about how they do business. Produced and presented by Naomi Fowler for the Tax Justice Network.

“it doesn’t matter what the rules are if you put people in charge who are committed to not enforcing the rules…not a single banking leader of the three fraud epidemics that drove the US financial crisis and much of the global financial crisis has been prosecuted for leading those fraud schemes, not one.”

William Black, Bank Whistleblowers United (serial whistleblower, former senior US regulator, white collar criminologist and Associate Professor of Law and Economics) Follow him on Twitter

Democracy Spring A mass nonviolent action on a historic scale to save US democracy in April 2016, Washington DC. Follow them on Twitter

The Tax Justice Network’s monthly podcast the Taxcast is available here, here and on iTunes

You can subscribe to the Taxcast via our youtube channel or by emailing naomi [at] taxjustice. net and our RSS feed is here

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