Financial Transparency Coalition

A new transparency law is being debated by the European Union that would require oil, gas, mining and forestry companies to make publish all payments they make to governments anywhere in the world. A similar provision exists in Section 1504 of the Dodd-Frank Financial Reform bill in the United States. Such a law would eliminate much of the opacity that exists in developing countries currently by allowing individuals to see how much money their governments are getting from extractive industries deals, and hold them accountable for it. Lobbyists for many of the extractive companies are working to dilute...

Wednesday's Top News Stories from Global Financial Integrity.

  Attiyah Waris, Tax Law Professor at Nairobi University, argues that tax evasion strategies used by African multinational corporations drain the continent of revenues that would more than sufficiently finance the African continent.   Foreign Aid would be rendered unnecessary if Africa were to receive tax revenues that are rightfully theirs. The video demonstrates a good