Task Force Blog

Thursday’s Daily News Digest

What will they think of next?

Norfund buy the Code of Conduct

Governments are just not set up to invest in strategic thinking

Investments for development: derailed to tax havens

Tuesday’s Daily News Digest

Honorable Dr. Rafael Espada, Vice President of Guatemala, to Address Participants of Task Force on Financial Integrity and Economic Development Conference

Report: Investments for Development: Derailed to Tax Havens

Asserting the right to tax corporations – like Wolseley

Resources from the 2010 Annual Task Force Conference

Task Force: beneficial ownership

Watch the Conference Live from Bergen!

Not an end to secrecy, but a first step in the right direction

October 30, 2014

5761956488_abc5734fc7_zA multitude of officials are heralding a new cross-border tax information exchange crafted by the Organization for Economic Cooperation and Development (OECD) as the end of tax evasion as we know it. Unfortunately, the truth may be a bit more ambiguous.

Wolfgang Schaeuble, Germany’s finance head, stated unequivocally that “banking secrecy in its old form has had its day.” Others, from George Osborne of the United Kingdom to Michel Sapinof France echoed similar praises.

While the reforms, which were discussed at a Berlin conference this week, are a big step in the direction of real financial transparency, the Tax Justice Network, a member of the FTC, has released a new report detailing their concerns with the plan, and why it’s vital that we continue to push for stronger and more inclusive measures.

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