October 27th, 2010
I am fascinated by the
recent attack on my work and that of John Christensen and the Tax Justice Network by Cayman Finance.
It is not new of course, many tax havens / secrecy jurisdictions have made such attacks before. And no doubt they will do is again. But in making such a tax they show their real colours: they show that they are the real enemies of free and fair markets, and we are their strongest supporters. Why else would they be so annoyed?
If you believe in free markets you believe in tax...October 18th, 2010
My
report for the TUC on corporate taxation in the UK, published today, highlights an issue not picked up by the press, but for me of some considerable significance. That is the decline of corporate reporting for activities in the UK – less than 20% of the largest companies in the UK now reporting in this way compared to 50% a decade ago.
As I note in that report:
In 2000, half the sample of companies surveyed published information in their published accounts on their results arising in the UK. Usually this separate...
October 14th, 2010
Tax Research UK has published a
new briefing on secrecy jurisdictions today. This has also been endorsed by the
Tax Justice Network and the Task Force on Financial Integrity and Economic Development. It is available in PDF format on the left.
The briefing, the first in a new format, is designed to provide a clear insight into what we think secrecy jurisdictions are, and what problems they cause, all in a somewhat limited length.
At the core of the paper are these arguments:
