April 7th, 2021
On Monday, new U.S. Treasury Secretary Janet Yellen spoke in front of the Chicago Council on Global Affairs. Amidst ongoing discussions in the U.S. about a proposed $2 trillion economic plan, as well as discussions on financial responses to the pandemic and the Biden administration’s proposed economic and investment policies, Yellen revealed that the U.S. is
March 17th, 2021
Curbing illicit financial flows (IFFs) under typical conditions is difficult—but trying to do so on top of battling a pandemic is a recipe for even more challenges. From travel shutdowns to figuring out digital collaboration, the past year has been one of constant obstacles and struggles. In addition to everything the Covid-19 pandemic threw our
September 16th, 2015
Press Release Transparency International is calling on European Commission President Jean-Claude Juncker to publicly support legislation that would allow citizens to scrutinise the corporate taxes paid by multinational companies to governments. President Juncker will appear tomorrow in front of a special tax committee at the European Parliament to defend the Commission’s track record on tackling
March 19th, 2015
The corporate income tax is under attack. Nation states are scrambling to offer multinational corporations an ever growing feast of lower taxes, loopholes and incentives. Lobbyists and politicians constantly try to persuade us that the corporate tax is a bad, inefficient, unreasonable tax. Yet it is one of the most precious of all taxes.
One of our ten points concerns revenue. Corporate income taxes have added up to almost US$ 7.5 trillion since the global financial crisis erupted in 2008, in OECD countries alone. This is nearly half of all OECD public health spending and around double the amount spent...