Financial Transparency Coalition

We saw a familiar scene at the end of the Anti-Corruption Summit in London. Participating countries delivered a strong communique, and committed to increasing international transparency on tax to deter tax crimes and ‘prevent individuals from concealing proceeds of crime, including corruption in other jurisdictions’. The diagnosis of the problem is spot on, but, unfortunately, the

In what is being referred to as the largest data leak in history, 11.5 million files of confidential information from global law firm Mossack Fonseca were leaked to the International Consortium of Investigative Journalists (ICIJ). Mossack Fonseca, based in Panama, operates in more than 40 offices worldwide, and is known for their work setting up

We at the FTC are readying for the next phase of efforts to make the global financial system work for everyone. As part of that, we’re looking back at some of 2015’s most memorable moments.

In Citizens for Tax Justice’s latest report, Offshore Shell Games, the organization looks at how multinational corporations can avoid paying substantial amounts of taxes through the use of offshore tax havens. Large companies gain the advantage over small businesses and individuals by using accounting tricks to create the illusion that a substantial amount of their