We look at a worrying law in Malta rushed through Parliament that doesn't just decriminalise tax abuse but 'connected breaches' too. Plus: the role of Britain in the tax affairs of oil companies reaping rich rewards from the closure of the Strait of Hormuz, abuse of power in the US, yet...some good news from California.

Private Equity has gone under the radar for a very long time so what is it, how's it affecting our lives and what can we do about it? Our tax systems, and financial transparency are crucial for reining in damaging economic activity.

A tiny group of very wealthy people are burning through carbon like there'll be no tomorrow. Taxcast host Naomi Fowler talks to economist Tasnia Hussain about the most effective ways to tax emissions and address carbon inequality. Plus: we bring you the highlights of the ongoing historic effort at the UN to overturn a century of global tax rule setting largely by former imperial powers at the OECD to suit them and their multinationals.

"Tax is one of the smartest investments you can make." That's Professor Chris Harrop's promise to companies, and his new tax funded impact model proves it by helping quantify how paying tax is not only good for their businesses, but for the economies they're operating in, and of course for people and society. Plus: US companies now have an exemption from the global minimum corporate tax, there's been a few steps forward for the US's Corporate Transparency Act and the UK has strengthened it's whistleblower reward scheme.

Countries can either capitulate to President Trump's tax bullying. Or come together to fight for the sovereign right to tax multinationals fairly. In this episode we ask whether US economic policy is actually good for the US economy and its people. We've done some number crunching looking at what really happened after Trump's 2017 Tax Cuts and Jobs Act. It tells us a lot about the state of tax justice, its real effects on people, and the misguided exercise of power.

When tax officials and law enforcement do manage to recover assets and money from criminals, what happens next? The Taxcast goes to West Yorkshire in the North of England to see social reuse of seized assets in action. Plus: President Donald Trump pardons convicted money launderer and billionaire founder of the world's biggest cryptocurrency exchange, Binance. What are the ramifications?