#35 Ukraine leads the world on tackling corruption
#34 How much is corporate welfare costing us?
#36 Mafia Capitale: corrupting democracy

In the November ’14 Taxcast: ‘You can lie and steal from us again but this time we’ll know who you are’ – Ukraine becomes the first country in the world to introduce a public registry of the real owners of companies. The Taxcast speaks to the Director of Ukraine’s Anti-Corruption Action Centre about stopping corruption that continues to cost lives. Also: we look at the fallout from the latest leaks from the International Consortium of Investigative Journalists on corporate tax avoidance in Luxembourg aka #LuxLeaks, Kenya considers ending corporate tax holidays, and why is the taxpayer-funded European Investment Bank lending money to companies which are heavy users of tax havens? All that and more scandal.

Want to download to listen to any time offline? Download here.

Jargon
Secrecy Jurisdiction

A tax haven or secrecy jurisdiction is a place that deliberately provides an escape route for people or entities who live or operate elsewhere. They shield them from whatever taxes, criminal laws, financial regulations, transparency or other constraints they don’t like. Ordinary people whose lives are affected by tax haven laws are not consulted on these laws because they live in other countries: they have no say in how those laws are made, thus undermining their democratic rights.

Tax Haven

A tax haven or secrecy jurisdiction is a place that deliberately provides an escape route for people or entities who live or operate elsewhere. They shield them from whatever taxes, criminal laws, financial regulations, transparency or other constraints they don’t like. Ordinary people whose lives are affected by tax haven laws are not consulted on these laws because they live in other countries: they have no say in how those laws are made, thus undermining their democratic rights.

Offshore

A tax haven or secrecy jurisdiction is a place that deliberately provides an escape route for people or entities who live or operate elsewhere. They shield them from whatever taxes, criminal laws, financial regulations, transparency or other constraints they don’t like. Ordinary people whose lives are affected by tax haven laws are not consulted on these laws because they live in other countries: they have no say in how those laws are made, thus undermining their democratic rights.

Tax Avoidance

Tax evasion is an illegal – usually criminal – activity, by which a taxpayer escapes tax through deception. Tax avoidance, on the other hand, means getting around (or avoiding) the spirit of the law without actually breaking the law. There is a large grey area between the two poles of avoidance and evasion.

5 Rs of Tax

Revenue, to fund public services, infrastructure and administration.
Redistribution, to curb inequalities between individuals and between groups.
Repricing, to limit public “bads” such as tobacco consumption and carbon emissions.
Representation, to build healthier democratic processes, recognising that higher reliance of government. spending on tax revenues is strongly linked to higher quality of governance and political representation.
Reparation, to redress the historical legacies of empire and ecological damage.

More episodes
Jun 27
2025
The Taxcast
#155 Millionaire exodus myth
Millionaires are not fleeing countries to escape taxes. The Tax Justice Network has analysed these claims and found it's questionable data published by a firm that helps the super-rich buy their way out of rules that apply to everybody else. In fact, things are changing for people in the business of helping to sell passports and residency. Some doors are closing...Plus, we look at the latest results from the Financial Secrecy Index - what are the latest global trends and have you heard of an anocracy?!
View full episode info
May 29
2025
The Taxcast
#154 How to spend 14 billion
The life-changing, life-saving, transformational nature of tax - for people and planet. Ireland's got a tax windfall of about €14 billion - that's roughly  $15 billion. What are they going to do with it? We don't do enough about blue sky thinking on how tax can transform our lives. This is our chance to unlock our imaginations. It's also time for Ireland to rethink its tax haven model and for many countries, not just Ireland, to ask who it's economy is serving.
View full episode info
Apr 29
2025
The Taxcast
#153 Criminalising journalists
The Taxcast looks at the battle for freedom of the press in Switzerland and the implications for the rest of the world. Investigative journalists like Bastian Obermayer risks arrest, fines and imprisonment if he sets foot in Switzerland again, and Swiss journalists are having to turn away strong public interest stories - for fear of not just rich and powerful people coming after them, but also the Swiss state. Switzerland's always been famous for its banking secrecy laws and it's never been the friendliest place for investigative journalists. Now the situation threatens to get even worse.
View full episode info
Mar 28
2025
The Taxcast
#152 The Chinese Phantom
How easy is it to get filthy rich selling arms to anyone who'll pay? There may be sanctions, there may be laws, but even though he's the FBI's most wanted fugitive, a Chinese arms dealer and manufacturer has evaded arrest for two decades. Who could be better to investigate one of the world’s most dangerous men and tell this story than Panama Papers journalists? What does their investigation tell us about sanctions and financial secrecy at a time of rising autocracy and global insecurity?
View full episode info
Feb 27
2025
The Taxcast
#151 Ending US financial secrecy
The rollercoaster story of the battle in the US (the world's biggest global financial secrecy offender) over the implementation of a beneficial ownership register, the attempts to stop it & the (many) lessons learned from the UK's registers.
View full episode info
Jan 31
2025
The Taxcast
#150 Al-Assad and Guernsey
A Syrian kleptocrat and alleged war criminal, and the British Crown Dependency of Guernsey. Plus: on day one of his presidency, Donald Trump pulled the United States out of the OECD's global minimum tax deal. So what now?
View full episode info