Wednesday, June 26, 2013

Tax & the Civilised Society - Links to the events of the day ( 8th June)

As the dust settles on last week's G8 meeting, it was gratifying to see tax avoidance take its rightful place at the top of the agenda.  Some progress was made on ‘matters of principle and in terms of a serious shift in political will in our direction’. Multinational corporations should disclose the taxes they pay on a country-by-country basis; tax authorities should automatically share information to fight evasion; companies should know who really owns them and tax collectors and law enforcers should be able to obtain this information easily; and G8 countries have “a duty” to help developing countries improve their capacity to enforce tax laws.

But there were lots of ‘conditionals’ in this - what they should do and what they will do are not yet aligned. So there is a very, very long way to go.

A couple of weeks ago Tipping Point Film Fund and Tax Justice Network partnered to create ‘Tax and the Civilised Society'. Central to a full day of activities was a revelatory walking tour of the City of the London where, in glorious sunshine, we heard a range of wonderful speakers explain just how and why the City of London has become the hugely powerful and influential financial force we see today.

So if you’d like to know a bit more about tax avoidance; the challenge that remains and the role of the City of London in all this, (re)visit our recent day of events on 8th June.  We’re sure you’ll find something of interest here.

Take a look at the transcripts from the fascinating talks and discussions on the day:

Maurice Glasman ~ Overview and history of the City of London
John Christensen ~ The Bank of England
Nick Mathiason ~ Mansion House
Robert Palmer ~ HSBC Corporate Banking Centre
Tom Pursey ~ Goldman Sachs and HMRC
Maurice Glasman ~ Guildhall
John Hilary ~ TheCityUK

Panel Discussion: We're Not Broke
Panel Discussion: The Spirit of '45


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