Financial Transparency Coalition

Tax Justice Network USA put out a number of recommendations for the US Government following the announcement of the settlement in the UBS case. In case you haven't seen it yet, TJN recommends that the US:

• Insist that the issue of cross?border tax evasion be on the agenda of the September G?20 Summit in Pittsburgh.
• Push for immediate international action to facilitate increased tax information exchange.
• Press for mandatory standards of bank behavior enforced by home governments that preclude assisting in cross border tax evasion.
• Use the UBS disclosures to prepare and serve additional "John Doe" summonses on other banks known...

Sarah Lewis, the executive director at the Tax Justice Network, discusses what the UBS settlement will mean for offshore banking on Reuters.

Video clips are now available on GFI's YouTube channel for every speaker at the July 24 Capitol Hill briefing on tax evasion and incorporation transparency that was organized by Task Force members Global Financial Integrity and Tax Justice Network along with Task Force friend, Citizens for Tax Justice. Check them out below: Congressman Lloyd Doggett (D-TX) made a surprise appearance at the briefing and spoke for a few minutes: