Financial Transparency Coalition

Every year countries lose billions of dollars to tax avoidance, tax evasion and more generally to illicit financial flows. According to a recent IMF estimate around $700 billion of tax revenues is lost each year due to profit-shifting. In developing countries the loss is estimated to be around $200 billion, which as a share of GDP represents

There’s a bustle of traffic, horns are honking and cranes erecting new buildings dot Nairobi’s growing skyline. On the surface, the Kenyan capital seems to embody the narrative of “Africa Rising”. But on the ground, here and elsewhere around the continent, there is a growing phenomenon that is setting back growth and economic development: illicit

STOP Tax Dodging – campaigning across Europe From Ireland to Italy and from Slovenia to Spain we have the same message: ‘STOP Tax Dodging’, and for good reason. When companies and wealthy individuals don’t pay their fair share of tax, it hurts us all. The hardest impacts are felt in the poorest countries, but all

So the latest big tax haven whistleblower, Antoine Deltour, is facing the combined massed might of Luxembourg, one of the world’s biggest and most aggressive tax havens, and PWC, one of the biggest and most aggressive lobbyists for offshore tax and secrecy legislation, the Big Four accounting firm. Deltour faces up to ten years in prison.