Financial Transparency Coalition

Last month, the Organization for Economic Co-Operation and Development (OECD) released a report to outline how shifting to a new international information exchange system would work.

Joint NGO Media Reaction Financial Transparency Coalition – Eurodad – Global Witness – Transparency International EU Office – Oxfam Brussels, March 11, 2014 – Today, the European Parliament endorsed the creation of public registers of who really owns companies, trusts and other legal structures. This will make it much harder for criminals, tax evaders, corrupt politicians and other money launderers to hide their identity, and their

Here’s the newest edition of TaxCast, courtesy of our colleagues at the Tax Justice Network. In the February 2014 Taxcast: Are European tax havens getting ‘illegal state subsidies’? The European Union’s Competition Commissioner thinks so. Are the world’s tax havens really going to become more transparent? We analyse the OECD’s automatic information exchange proposal, warts

The Huffington Post published an interesting blog, titled "Government must shut down corporate tax havens," from U.S. PIRG’s Jaimie Woo. In her blog she points out that “The $150 billion we lose in tax havens a year would be enough to provide Pell grants to 10 million students for four years of college; it could also guarantee loans for half a million small businesses; or revamp America's aging transportation infrastructure by building 15 commuter rail lines, 50 light rail transit lines, and more than 800 bus rapid transit lines.” To read the full blog click here.