Financial Transparency Coalition

Conclusions of the OECD Meeting of the Council at Ministerial Level, 27-28 May 2010

Introduction I am often asked what I mean by "’tax justice’. As a result, and as a contribution to the Briefing Sheet series I am developing, I have written the following summary of what I think tax justice is. It is also available as a briefing sheet. Tax justice Tax justice is a broadly based concept. It relates to individuals and all taxable entities. But it also relates to tax systems as a whole. Tax compliance – the duty of the taxpayer For the individual taxpayer tax justice is about tax compliance. This happens when...

Vice President Joe Biden brought his fundraising muscle to Detroit yesterday to raise money for Democratic House members Gary Peters and Mark Schauer. During his remarks the Veep said that the economic crisis was caused by wild west tactics among the best and brightest on Wall Street. “The rules were being made by the cowboys on Wall Street,” Biden is reported to have said according to Politico. If so, where is the Sheriff? Twenty sheriffs met in Pittsburgh in September (read: G20) but they didn’t implement the financial transparency procedures needed to get the cowboys out of the...

“Economic Transparency: Curtailing the Shadow Financial System” provides an overview of the work that the Task Force is doing. From laying out the framework of our mission, to detailing the specifics of each priority, this document is an excellent all in one resource.