Links Jun 26
Jun 21 - Nick Mathiason explains G20 Mexico outcomes.
EU exec sets steps to tax 2.4 trillion euro shadow economy Reuters
Jun 26 - "The European Union is losing around 1 trillion euros a year in tax evasion at a time when governments are struggling to improve public finances, the European Commission will say on Tuesday as it proposes steps to deal with tax fraud."
Jun 23 - A story highlighting the ripple effect and interconnections of financial abuse and poverty.
Caymans reeled in ¥15 trillion from Japanese investors in 2011 The Japan Times
Jun 26 - "Setting up a subsidiary in the Cayman Islands itself is not illegal, but Yukio Noguchi, adviser to Waseda University's comprehensive finance research organization, said, "(Japanese) businesses should keep in mind that they have a responsibility to repatriate profits to the Japanese economy ultimately" by way of tax payments and other means."
A Manifesto for Tax Justice: action for our time Tax Research UK
Jun 25 - See Richard Murphy's updated manifesto.
Aggressive tax schemes aren’t just ‘immoral.’ They can be dangerous too Treasure Islands
Jun 25 - On the risk of losing heavily when caught tax dodging.
Booming Iceland: it zigged where others zagged Treasure Islands
Jun 26 - On how Iceland, following its massive collapse, is seeing an unconventional recovery.
Jun 22 - Note comment by Barbara Stocking, chief executive of Oxfam, that the parallel People's Summit "was a vision of a future we want with the people at its centre, and a rejection of business as usual…the failure of Rio+20 will feed growing public insecurity and anger. [We want] to turn that anger into an irresistible demand for change.”