Financial Transparency Coalition

PRESS RELEASE EU governments need to make tax more transparent, further opportunity looms ahead for lawmakers BRUSSELS—The Economic and Financial Affairs Council (ECOFIN), has agreed today on a proposal for corporate financial reporting, but despite increased pressure from European advocacy groups and policy-makers, the agreement would still keep country-by-country reports about the activities of multinationals

PRESS RELEASE The OECD’s plan to open BEPS system to developing countries after it has already been designed highlights the need for a truly universal tax body Ahead of this week’s G20 Finance Ministers meeting, the Organization for Economic Cooperation and Development announced a proposal to invite non-member countries to join in its anti-tax avoidance system. The

Berlin, 27 January 2016 – 2015 showed that people working together can succeed in the battle against corruption. Although corruption is still rife globally, more countries improved their scores in the 2015 edition of Transparency International’s Corruption Perceptions Index than declined. Overall, two-thirds of the 168 countries on the 2015 index scored below 50, on

The U.S. Treasury Department today announced it will require people purchasing high end real estate in New York and Miami to disclose who they really are. Global Witness strongly welcomes this move, which will help stop the criminal and corrupt from hiding behind anonymously owned shell companies to launder the proceeds of crime through the