Financial Transparency Coalition

The submission was prepared by the FTC’s Independent Working Group on Illicit Financial Flows.

Efforts to address global corporate tax issues have previously stalled.  Is a consensus for reform emerging?

PRESS RELEASE By failing to take concrete action on illicit financial flows and tax dodging in Addis Ababa, questions remain on how domestic resources will be raised Without a globally inclusive standard setting body, developing countries have an uphill battle to realize needed revenues to fund development goals

On September 24th, tucked away in a quiet conference room in the basement of the UN General Assembly building, an extraordinary conversation took place on the future of global development.  But, despite the gathering of representatives from the OECD, UN, World Bank, USAID and the Mexican, Australian, and Nigerian governments, the event received exactly zero media coverage. Titled “Curbing Illicit Financial Flows for Domestic Resource Mobilization and Sustainable Development in the Post-2015 Era,” the focal point of the two-hour discussion was how the international community could, as the program description put...