Financial Transparency Coalition

In March 2017 Taxcast from CoCom member Tax Justice Network: the high price we’re paying for our finance sectors – we look at staggering statistics showing how the US finance sector is a net drag on their economy.

Antoine Deltour and Raphaël Halet have been tried again. And convicted again. After losing a trial last year for their role in LuxLeaks, a scandal that exposed secret tax deals concocted between multinational corporations and the government of Luxembourg, the two were re-tried this year (along with journalist Edouard Perrin, who escaped conviction). While the new sentences were reduced

Transparency International, the global anti-corruption movement, condemns the guilty verdict and sentencing of Antoine Deltour and Raphaël Halet, the two whistleblowers who revealed secret tax rulings between the Luxembourg authorities and multinationals, known as “LuxLeaks”.

There is a quote that says – “it’s easier to lie in public”. As the world continues to work towards curbing illicit financial flows, it is acknowledged that transparency is a key ask in the fight. Related to this, the Anti- Corruption Summit 2016 was held in London and brought countries from around the world