Countries including the UK suffer a growth penalty for failure to regulate finance The findings of a major international ...
This State of Tax Justice 2025 report shows that over the six year period for which data is available, US-headquartered multinational corporations cost countries around the world US$495 billion in ...
Illicit financial flows (IFFs) impose substantial fiscal, governance, and development costs, yet remain stubbornly hard to measure. Dominant flow-based estimation techniques are constrained by the ...
An $21 to $32 trillion in financial assets are sitting offshore in tax havens. Due to the secrecy that pervades the tax haven system, precise numbers are hard to come by so estimates can vary. The Tax ...
Picture the scene. It’s August in New York and international negotiators are meeting to continue moves to ensure that multinational companies are finally required to pay taxes according to where their ...
Following the example of Spain’s “featherlight” wealth tax on the 0.5% richest households would see countries raise $2.1 trillion a year globally Evidence shows tax reforms targeting extreme wealth ...
The finance curse identifies a paradox at the heart of financial sectors: “too much finance” can make a country poorer. Many people labour under an illusion that the financial centre in their country ...
UK network of tax havens responsible for a third of corporate tax abuse risks, but – astonishingly – rated as “not harmful” by the OECD New UK government urged to break with previous attempts to “kill ...
Countries are losing US$492 billion in tax a year to multinational corporations and wealthy individuals using tax havens to underpay tax, the 2024 edition of the Tax Justice Network’s State of Tax ...
A millionaire exodus widely reported by news outlets around the world in 2024, and credited for the UK Labour government’s decision to weaken tax reforms, did not occur, the Tax Justice Network ...
The phenomenon of ‘too much finance’ – the consistent research finding that an outsized financial sector undermines the economic performance of the host country – remains underappreciated in policy ...
New data from the UK’s HM Revenue & Customs shows that the number of non-doms leaving the UK is in line with or below official forecasts, dispelling claims that recent revenue-boosting tax reforms ...