Financial Transparency Coalition

Joint Media Reaction Oxfam EU – Financial Transparency Coalition – ActionAid EU –  Eurodad – Tax Justice Network – Africa BRUSSELS—The European Commission has missed yet another chance to effectively end tax havens, campaigners say. Today’s proposal on tax transparency limits public country-by-country reporting to the EU and an arbitrary list of tax havens. This

The story of financial secrecy is finally trending. The latest leak, known as the Panama Papers, were published on Sunday and have given us a rare glimpse into the offshore financial system that’s so heavily shrouded in secrecy. But for months a different debate around financial transparency has been brewing in the European Union.

Last week, a draft of the European Commission’s proposal to address country-by-country reporting (CBCR) was leaked to the press. The official proposal, scheduled to be released publicly on April 12th, marks the first time the European Commission has come together collectively in support of public CBCR, and was considered a major breakthrough by tax justice

When most people think of the Netherlands, what may first come to mind are charming canal-side towns filled with people riding bicycles amid tulip fields and windmills. But the Netherlands is much more than windmills and tulips.