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Large-Scale Multilateral Action on Tax Havens is Possible
April 24th, 2013
Joshua Keating posted some excellent information over at Foreign Policy today: Research from Niels Johannesen of the University of Copenhagen and Gabriel Zucman of the Paris School of Economics looks at the result ofinternational agreements taken to prevent tax evasion in the wake of the global financial crisis. The results are not very encouraging for reformers:
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The Green Climate Fund – Bringing the World of Ideas to the Board Room
April 24th, 2013
he World Bank is a leading heavyweight in development investment, presiding over US$30 – $40 billion per year. Inaugurated last summer, the Green Climate Fund could soon dwarf that portfolio. It is estimated that by 2020 it will be channeling US$100 billion a year in climate finance to developing countries – to help arrest the advance of climate change whilst adjusting to its effects.
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Senator Max Baucus: No Friend to Tax Cheats
April 24th, 2013
On Tuesday this week, six-term Senator Max Baucus (D-MT) announced he would not seek reelection next year. The decision will end his thirty-six year long and influential career in the Senate; one which included over a decade as the top democrat in the Finance Committee and a co-authorship of the 2010 health care law. In his planned retirement, Senator Baucus will join other senior Democratic senators, including Senator Carl Levin (MI) and Senator Tom Harkin (IO). In the wake of Senator Baucus’ announcement, the pundits, commentators, and even some Democrats have been calling his legacy “mixed.” Democrats are quick to...
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Taxcast: Edition 16, April 2013
April 23rd, 2013
In April 2013′s Taxcast: ‘offshore leaks’ blows the lid off secrecy for sale, the G20 endorse greater transparency (but let’s not get too excited), Luxembourg agrees to lift its banking secrecy, Austria next? And the Taxcast takes a look at fake foreign direct investment.
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