Financial Transparency Coalition

Our colleagues at the Tax Justice Network have just released the latest edition of their quarterly newsletter, Tax Justice Focus. This edition, edited by TJN’s Liz Nelson, looks at the issue of gender and how it intersects with tax, and human rights.

There’s a lot of work to be done to curb illicit financial flows. Though we’ve seen substantial movement towards financial transparency over the past few years, it’s important that we keep advocating for the common sense initiatives that will help curb the nearly $1 trillion leaving developing countries illicitly every single year. Media and communications work is

BRUSSELS—In another move that places Europe at the forefront of the financial transparency wave, the Legal Affairs (JURI) Committee of European Parliament voted in favor of a Shareholders Rights Directive that includes a requirement for multinational corporations (MNCs) to publicly report financial information on a country by country level.

The OECD, the club of rich countries that dominates international tax, is running a project known as Base Erosion and Profit Shifting (BEPS) which is supposed to fix some of the gaping holes in the international tax system. As we all know, transnational corporations (TNCs) are running rings around even the best-resourced tax authorities, and