Rather than ending the race to bottom from international profit shifting, the Australian government’s proposed 15% tax rate is likely to entrench it. Here’s why.
New research shows that companies are shifting record amounts of their profits to tax havens, despite a global effort to crack down on the practice.
Non-dom status and what it means for the very wealthy, explained.
African countries, rich in resources, easily fall prey to aggressive tax planning and tax evasion facilitated by offshore companies.
It’s become hard to tell where avoidance stops and evasion starts. Tax havens enable both.
Juicy stories of political leaders stashing loot overseas make good headlines. But the real story is the need for systemic solutions, especially on property rights and transparency.
The G-7 wants to set a minimum global tax rate, which would make it harder for countries to act as tax havens.
UK will come under pressure to bring about change in its overseas territories, but only up to a point.
The Covid-19 pandemic has laid bare Europe’s vulnerability to drug-supply disruption. Still, it remains by far the world leader in pharmaceutical products.
Governments around the world lose about US$125 billion in revenues every year because of profit shifting to tax havens.
Media Files: investigative journalist Bastian Obermayer, who led the Panama Papers tax exposé.
The Conversation, CC BY80.6 MB (download)
Today we meet Bastian Obermayer, the Pulitizer prize-winning journalist who led the Panama Papers investigation into global tax evasion.
The High Court of Australia has given the Australia Taxation Office a green light to use leaked information about Glencore and offshore tax havens.
Walmart is bigger than Spain, Berkshire Hathaway is bigger than Russia. It could be time to rethink international relations.
Does corruption means the same for everyone? Some social researchers argue that corruption is a social construct shaped by Western anti-corruption elites.
The ideas are already out there to tackle some of the tax avoidance highlighted by the Paradise Papers.
Unlike the Panama Papers, the latest leak shines a light on the elites of the offshore world.
The Netherlands, Switzerland, the United Kingdom, Singapore and Ireland are among the rich countries that funnel major corporate money into secret offshore tax shelters, according to a new study.
So on the nose is the proposal to auction off the NSW Land and Property Information Office via a 30-year lease that the Law Society, the Real Estate Institute and the Institute of Surveyors oppose it.
The GOP has a proposal on the table that could send shockwaves through the tax avoidance industry.
The Conservatives may be willing to sacrifice what’s left of the UK’s beleaguered social model to maintain the City’s global status.