Financial Transparency Coalition

JOINT CIVIL SOCIETY RELEASE ECONOMIC JUSTICE NETWORK – FINANCIAL TRANSPARENCY COALITION – TAX JUSTICE NETWORK – AFRICA

PRESS RELEASE NEW YORK CITY—As the fallout from the Panama Papers continues to unfold, the massive scale of illicit flows across the globe illustrates the need for an intergovernmental tax commission at the UN to tackle these problems in an equitable and effective way.

Joint Media Reaction Oxfam EU – Financial Transparency Coalition – ActionAid EU –  Eurodad – Tax Justice Network – Africa BRUSSELS—The European Commission has missed yet another chance to effectively end tax havens, campaigners say. Today’s proposal on tax transparency limits public country-by-country reporting to the EU and an arbitrary list of tax havens. This

The story of financial secrecy is finally trending. The latest leak, known as the Panama Papers, were published on Sunday and have given us a rare glimpse into the offshore financial system that’s so heavily shrouded in secrecy. But for months a different debate around financial transparency has been brewing in the European Union.