Financial Transparency Coalition

This report includes a summary of all the presentations from the 2010 Task Force annual conference and concludes with priorities for 2011.

Last week at the World Social Forum in Dakar, Senegal, the African branch of Task Force coordinating committee member Tax Justice Network, Tax Justice Network - Africa (TJN-Africa), released the African edition of Tax Us If You Can. As Dereje Alemayehu, chair of Tax Justice Network's African Steering Committee, put it in a blog last week from Dakar:

This report is a clarion call to civil society and governments across Africa to stand up against the injustice of those who dodge taxes, and the response from those attending the launch was clear: this is an injustice we can no longer...

WASHINGTON, DC – Illicit trade in “goods, guns, people, and natural resources” is a $650 billion enterprise, which most negatively impacts the developing world, finds a new report to be released by Global Financial Integrity Tuesday, February 8th. “Transnational Crime in the Developing World,” evaluates the overall size of criminal markets in 12 categories: drugs, humans, wildlife, counterfeit goods and currencies, human organs, small arms, diamonds and other gems, oil, timber, fish, art and cultural property, and gold.

Mexico and Venezuela Lead Region with Most Illicit Outflows The Center for International Policy's (CIP) Global Financial Integrity program (GFI) released a new report this week that estimates the quantity and patterns of illicit financial flows coming out of developing countries. The report, "Illicit Financial Flows from Developing Countries, 2000-2009," (PDF) finds that approximately $6.5 trillion was removed from the developing world from 2000 through 2008, averaging $725 billion to $810 billion per year. Most notable for Latin America, the new GFI report, authored by Dev Kar and Karly Curcio, places both Mexico...