Financial Transparency Coalition

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...