Financial Transparency Coalition

In Citizens for Tax Justice’s latest report, Offshore Shell Games, the organization looks at how multinational corporations can avoid paying substantial amounts of taxes through the use of offshore tax havens. Large companies gain the advantage over small businesses and individuals by using accounting tricks to create the illusion that a substantial amount of their

PRESS RELEASE As 6th Financial Transparency Conference ends, work on illicit financial flows is only getting started Though local and regional contexts vary, participants from around the world see common thread in issues of tax and transparency  

PRESS RELEASE The Organization for Economic Cooperation and Development (OECD) has released its Base Erosion and Profit Shifting (BEPS) project outcomes in an effort to cut down on tax avoidance by multinational corporations (MNCs), but because vital information from the new reporting effort won’t be made public, questions linger on what good it will do

The OECD, a club of rich countries that dominates rule-setting for global financial transparency standards, recently published a Handbook for implementing its new global tool for countries to co-operate in fighting tax evasion, known as the Common Reporting Standard (CRS). The new handbook is part of a series of milestones in the CRS’ roll-out following its initial