Financial Transparency Coalition

International aid organization, Oxfam, released a new report last Thursday claiming there are a number of flaws with the Organization for Economic Co-Operation and Development's (OECD) plan to implement global tax reforms. The project, known as the Action Plan on Base Erosion and Profit Shifting (BEPS), attempts to address profit shifting, a process in which corporations move profits to subsidiaries in low-tax jurisdictions to avoid paying taxes where the profits were actually generated. Often, the countries in which the real profits were made are developing countries with higher corporate...

The Civil Society 20 (C20) has released draft position papers ahead of their summit in June, and, once again, they are looking for your input. The global network of civil society organizations solicited public comments in an online conversation earlier this year, and incorporated the feedback into the position papers. These documents will guide the group's campaigning and conversations with policymakers involved in the G20 summit taking place in Brisbane, Australia later this year.

While places like the Cayman Islands, Jersey, and the British Virgin Islands have begun entertaining the idea of public registers of beneficial ownership, today, they might have received the biggest nudge yet to move in that direction. But rather than come from civil society or advocacy groups, this time, the nudge comes all the way from 10 Downing Street.

This piece originally appeared on the websites of EurActiv and The Africa Report.  A $35 million mansion in California, artwork totaling €18 million, and a $38 million dollar private jet. These sound like items purchased by the world’s wealthiest oligarchs, right? Well, they were actually acquired by Teodorin Obiang, son of President Teodoro Obiang of Equatorial Guinea. When his father convenes with other leaders for this week’s EU-Africa summit, a wide range of topics will be covered. But there’s one issue in particular that should be given a loudspeaker during the talks in...