Financial Transparency Coalition

PRESS RELEASE FOR IMMEDIATE RELEASE Today, members of the European Parliament (MEPs) voted to support a ramp up of efforts to clamp down on tax abuse by shedding light on the activities of multinational corporations around the globe. But a last minute compromise amendment raises questions about the ultimate effectiveness of the entire tax transparency

In the first TaxCast of 2017, Tax Justice Network looks at tax justice and public procurement – the efforts to hit tax dodging companies where it really hurts on a local level – trying to stop them bidding for public money for public contracts.

FOR IMMEDIATE RELEASE 20 DECEMBER 2016 In latest position on AMLD revisions, Council aims to keep ‘legitimate interest’ barrier intact, delay implementation by up to three years Despite being just nine months removed from the Panama Papers, some European Union member states are already trying to back out of commitments made to create fully public

Member states reluctant to end secretive ownership It was just nine months ago that countless business leaders, politicians and celebrities found themselves answering awkward questions about why their names appeared in leaked documents from Mossack Fonseca, a company known for setting up offshore business structures. The leaks, which became known as the Panama Papers, gave