Financial Transparency Coalition

CBS News' 60 Minutes has done a follow-up piece on the UBS/Swiss Banking saga. It aired last Sunday evening. Check out the segment below:

A recent conference at Wilton Park addressed the largely neglected issue of domestic resource mobilisation in Sub-Saharan Africa. Tax Justice Network argues that domestic resource mobilisation should be the core of development strategies for most countries, but common sense has been in scarce supply in recent decades, largely pushed to one side to make way for the tax-cutting and privatising agenda of big companies and the western governments who serve their interests. So this conference was a welcome event, and we are pleased to report that the outcome document...

Towards the end of last month, Ann Hollingshead blogged about Businesses and Investors against Tax Haven Abuse, a coalition of over 400 small business owners and investors looking to curb the use of tax havens and shell companies by their larger multinational competitors. But how exactly do these multinational entities use tax havens? One method, which takes advantage of the disparity in tax rates between jurisdictions, is transfer pricing. Transfer pricing is an issue that has been described as incredibly lucrative to those involved and...

Bloomberg--The German government may be about to step up its pursuit of tax evaders amid reports that a new CD containing stolen bank data has been offered for sale to state authorities.