July 14th, 2011
Richard Murphy of Tax Research UK, a
coordinating committee member of the Task Force, has released a new report on
tax haven abuse on behalf of the Public and Commercial Services Union (PCS), War on Want, and the Tax Justice Network. The report examines the effects of tax havens on tax collection, financial stability, corruption and poverty. In addition, it looks at the consequences of secrecy laws in tax havens on the international financial system. The report expresses concern over the direction tax law is moving in, stating:
PCS wishes to draw attention to the massively worrying...July 11th, 2011
WASHINGTON, DC – Global Financial Integrity's Director of Government Affairs and Legal Counsel, Heather Lowe, will participate in a high-level meeting of governments and civil society at the U.S. Department of State on Tuesday, July 12, at which U.S. Secretary of State Hillary Rodham Clinton and Brazilian Foreign Minister Antonio Patriota will launch the Open Government Partnership (OGP). The Open Government Partnership is a new, multilateral initiative that aims to secure concrete commitments from governments to promote transparency, empower citizens, fight corruption, and harness new technologies to strengthen governance.
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July 8th, 2011
JUBA, South Sudan – The new state of South Sudan must guarantee transparency and accountability in its oil sector in order to demonstrate its commitments to sustainable development and combating corruption, said Global Witness today. The call comes on the eve of the South’s independence from the north on July 9.
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July 6th, 2011
WASHINGTON, DC – After nearly a year of delays, the UK Bribery Act went into effect on July 1st. The act mandates stiff penalties, including up to 10 years in jail, for bribes paid by any business with a UK presence. In an ironic twist, while the UK Act is being touted as an extension to its cross-Atlantic counterpart, the U.S. Foreign Corrupt Practices Act (FCPA), anti-bribery proponents charge that the FCPA is under attack.
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