Tax Haven Abuse
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- Category: Documents
Bursting the Myths about Tax Havens: a new report on tax havens abuse by Richard Murphy.
Tackle Illicit Financial Flows for the New Bottom Billion
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- Written by Alex Cobham
- Category: Analysis
Poverty ain’t what it used to be, nor for that matter where it used to be either. As the nature and location of poverty continues to change, the illicit financial flows agenda becomes all the more important for development.
Read more: Tackle Illicit Financial Flows for the New Bottom Billion
Berlin against FTT revenue for EU budget
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- Written by Peter Wahl
- Category: News
In an official declaration of the German Finance Ministry, secretary of state Mr. Koschyk welcomed the proposal of the EU-Commission for a European tax on financial transaction.
But at the same time Koschyk clearly spoke out against the idea to use the tax revenues for the EU budget: "If a financial transaction tax is implemented in the EU, the revenues of this tax must go to the national budgets."
America the Unequal
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- Written by Ann Hollingshead
- Category: Analysis
Most people know America is unequal. Many of us have heard the statistic that the richest 1% of Americans receives 24% of the nation’s income. This number looks big. It might even look huge. But if it doesn’t utterly shock you, you don’t really understand it.
Belgian Senate adopts FTT resolution
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- Category: News
After 1,5 hours of heavy debate, the resolution on the FTT has been approved in
the Belgian senate, with 34 pro, 5 against, and 14 abstentions. As said, the
resolution calls for an FTT in the EU or eurozone, without waiting for global
agreement, and asks the money to be spent on development and climate change -
basically the requests of the parliamentary declaration have been taken over.
$605trillion of derivatives speculation
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- Written by ITUC
- Category: Analysis
It’s time the finance markets paid their way in global economy, says international union body
Political support grows for Financial Transactions Tax
IFI's Tax Policy in Developing Countries
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- Written by Eurodad
- Category: Analysis
Tax policy has been at the heart of policy advice from the International Financial Institutions (IFIs) to developing countries for the last twenty years. Tax reforms became an increasingly important part of the structural adjustment programmes promoted by the World Bank and the IMF in developing countries from the late 1980’s.
Africa to Launch own fund to manage climate cash
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- Written by Reuters
- Category: Analysis
Africa wants to manage itself the funds it will receive from the UN Green Climate Fund. This should be able to deliver around 100 billion $ a year as from 2020.
CIDSE's Analysis of the European FTT proposal
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- Written by CIDSE
- Category: Analysis
Analysis of the European Commission proposal for
an EU-wide Financial Transaction Tax
The European Commission put forward an EU FTT
in its EU 2014-2020 budget proposal on 29 June 2011
A milestone in FTT advocacy
Over a decade of advocacy for a global Financial Transactions Tax (FTT) and widespread campaigning especially over the last two years seems to be finally bearing fruit. The European Commission finally proposed the implementation of an EU-wide Financial Transactions Tax (FTT), late in the evening of 29 June 2011. It proposed a FTT as one channel by which the EU could raise its ‘own resources’ to fund the EU budget. The second channel being proposed is a new EU Value Added Tax. Presently the European budget is essentially funded by its member states.
European Commission proposes FTT!
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- Category: News
In its financial perspectives for 2014-2020 - the multiannual budget - the European Commission proposes to improve its system of 'own resources' introducing a financial transaction tax.
On why Accounting standards should look beyond investors
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- Written by Julian Boys
- Category: Analysis
Civil society needs correct financial information if it wants to monitor transnational coorporations working in their country.
