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Why the OECD's approach to transfer pricing is a joke
January 17th, 2012
TJN has been long been a critic of the OECD’s Arm’s Length system for addressing transfer pricing shenanigans (see TJN’s summary of what is involved here). A system that might have worked well enough 70 years ago is not fit for purpose today. About a year ago TJN published two articles summarising longer papers in
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Misha Glenny, the Greek Oligarchs and the Offshore Laundry
November 8th, 2011
From the Tax Justice Network blog: Misha Glenny has a good article in the FT today:
As the new Greek government struggles to convince Europe of its resolve to cut the country’s bloated public sector, it also has to decide whether to face down the real domestic threat to Greece’s stability: the network of oligarch families who control large parts of the Greek business, the financial sector, the media and, indeed, politicians.
The oligarchs have responded predictably: by accelerating their exports of cash. In the last year, the London property market alone...
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