Financial Transparency Coalition

PRESS RELEASE SwissLeaks money connected to Kenya is six and half times higher share of GDP than the money connected to Spain  In less than two weeks, G20 Finance Ministers will sit down to dinner, but developing countries won’t even have a seat at the table

PRESS RELEASE By failing to take concrete action on illicit financial flows and tax dodging in Addis Ababa, questions remain on how domestic resources will be raised Without a globally inclusive standard setting body, developing countries have an uphill battle to realize needed revenues to fund development goals

Over the past few years, there’s been a great deal of movement on the issue of country by country reporting (CBCR) for multinational corporations (MNCs). The G20 and OECD have developed new reporting requirements as part of their Base Erosion and Profit Shifting (BEPS) initiative, and the European Parliament has gone even further, calling for