Tax evasion

Ken Livingstone: Decade after 2008 crisis, no changes made, richest get richer, inequality growing

By Ken Livingstone This month marks 10 years since the collapse of Lehman Brothers created the worst economic crisis since the Great Depression of the 1930s, but governments have failed to make changes necessary to prevent a similar collapse. Back…

Chancellor misses a golden opportunity to raise money by tackling tax avoidance in the [UK] Budget

Tax Justice UK PRESS RELEASE | 22 NOVEMBER 2017 For immediate release Philip Hammond could have taken decisive action in today’s Budget to increase the amount of government funding available to support increasingly over-stretched public services, but he chose not…

The 80 billion euros that Greece needs are in Switzerland… and are Greece’s

Carlos Enrique Bayo, director of the Spanish daily, Publico, has written an article that is well worth reading, in which he denounces the flight of Greek capital to tax havens in recent years. He deconstructs the argument that the Greek…

Leaked Documents Expose Global Companies’ Secret Tax Deals in Luxembourg

By Leslie Wayne, Kelly Carr, Marina Walker Guevara, Mar Cabra and Michael Hudson November 5, 2014, 4:00 pm for the International Consortium for Investigative Journalism “The landlocked European duchy has been called a “magical fairyland” for brand-name corporations seeking to…

The Biggest Tax Scam Ever: How Corporate America Parks Profits Overseas, Avoiding Billions in Taxes

As Burger King heads north for Canada’s lower corporate tax rate, we speak to Rolling Stone contributing editor Tim Dickinson about his new article, “The Biggest Tax Scam Ever.” Dickinson reports on how top U.S. companies are avoiding hundreds of…

Some Multinationals Pay as Little as 5% in Corporate Taxes; Smaller Businesses Up to 30%

Global solutions are needed to ensure that tax systems do not unduly favour multinational enterprises, leaving citizens and small businesses with bigger tax bills, according to a new report. An OECD (Organisation for Economic Co-operation and Development) study commissioned by the…