July 23rd, 2010
A report prepared by the staff the of the Joint Committee on Taxation for a public hearing held on 22 July 2010 before the House Committee on Ways and Means includes six case studies of unnamed companies that reported effective tax rates at least 10 percentage points lower than the U.S. statutory rate. The companies
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July 21st, 2010
A new Business Against Tax Havens report, ‘Unfair Advantage: The Business Case Against Overseas Tax Havens,’ looks at the unfair advantages that large companies have as a result of tax evasion and the amount of revenue lost in tax havens. The report puts forth nine policy recommendations, which include banning offshore corporations and repealing the
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September 23rd, 2009
The private sector plays a pivotal role in fighting corruption worldwide. Transparency International’s Global Corruption Report 2009 documents in unique detail the many corruption risks for businesses, ranging from small entrepreneurs in Sub-Saharan Africa to multinationals from Europe and North America. More than 75 experts examine the scale, scope and devastating consequences of a wide range
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July 22nd, 2009
European and Asian companies, including Bangkok-based THAISARCO (a subsidiary of British metals group AMC), UK-based Afrimex, and Belgium-based Trademet have been buying minerals from the Democratic Republic of Congo (DRC) that are funding armed groups and fuelling conflict, said Global Witness in a report published today. The 110-page report, entitled ‘Faced with a gun, what
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