December 4th, 2015
Just hours ago, tax transparency campaigners received a welcome victory by way of the French National Assembly, which approved a measure supporting public country by country reporting for corporations. Rather than vague bundled reports that are difficult to decipher, a requirement for country by country reporting would make it much easier to know basic information about a
November 18th, 2011
Two weeks ago, the twenty most powerful leaders of the world headed to Cannes, France for the G20 Summit. It was the G20’s sixth meeting in a series of ongoing discussions about the world’s financial markets. While the meeting did not reach any concrete policy decisions on a host of important issues plaguing our financial world, some of the accomplishments of the meeting included a few pointed and poignant statements from some of the world’s most powerful. One of these statements came from Indian Prime Minister Manomohan Singh, who urged the world’s twenty most powerful countries to agree to...
October 12th, 2011
The importance of tax for development is widely accepted. It is also increasingly being acknowledged that a company’s approach to taxation is an integral part of its Corporate Social Responsibility (CSR). Against this background Christian Aid has produced a briefing “Tax and Sustainability: A framework for businesses and socially responsible investors”. This framework can be used by ethical investors to asses whether a company’s tax policy is responsible in its design or implementation.
October 4th, 2011
Teodoro Nguema Obiang has controlled Equatorial Guineasince he executed his uncle in a bloody coup d’état in 1979. Equatorial Guinea is a country in Middle Africa on the coast. It is one of the smallest and wealthiest countries in the continent, in large part because it holds Africa’s largest oil reserves. Yet the wealth is extremely concentrated in the hands of the government and the ruling elite. As a result over 75% of the population lives below $2 per day, 35% of its citizens do not live past the age of 40, and nearly 60%...