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TUC Report: The Corporate Tax Gap
October 18th, 2010
A Trades Union Congress (TUC) Report Prepared by Richard J. Murphy LONDON—Despite being rescued by taxpayers during the crash, UK banks will avoid paying £19 billion of tax on future profits by offsetting their losses during the financial crisis against their tax bills. This is equivalent to more than £1,100 for every family in the
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The Implied Tax Revenue Loss From Trade Mispricing
February 12th, 2010
Washington, DC — Developing country treasuries are losing approximately $100 billion dollars every year due to trade mispricing, according to a new report available today from Global Financial Integrity (GFI). “Every year crime, corruption, and tax evasion drain $1 trillion out of developing countries,” said GFI director Raymond Baker. “This report more closely examines one
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Briefing Paper: How The G20 Should Tackle Illicit Financial Flows
September 23rd, 2009
A new briefing paper, titled “The Links Between Tax Evasion and Corruption: How the G20 Should Tackle Illicit Financial Flows,” sent to the G20 from Christian Aid, Global Financial Integrity, Global Witness, and Tax Justice Network highlights what the G20 should do to address illicit financial flows.
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