#62 Financial transaction taxes - Tax Justice Network podcasts

#146 Green laundering

Are banks claims about their financing of fossil fuel companies true, or are they green laundering? The Tax Justice Network has been following the money, and our investigations show how financial secrecy is allowing banks to hide the true scale of their backing for activities that are accelerating the climate crisis. It's an international scandal.Plus: the judgment is final: Apple must now pay back taxes in Ireland of 13 billion euros, over 14 billion dollars. It's a big win for the European Commission. We discuss the implications.

Jul 30

#145 Crypto heists on trial

There are some massive heists happening that many of us have never heard of. Taxcast host Naomi Fowler talks to investigative journalist and author Geoff White about how crypto and the tech industry are impacting money laundering, and challenging national and international security. The rights and responsibilities for the tech and crypto industry, and 'freedom of speech' defences are being tested in court. The outcomes will have profound effects on all of us.

In this episode: we go to the US to look at how African Americans were overtaxed and dispossessed - a lesser known story of struggles against tax injustice, from the experience of George Floyd's great great grandfather to this day. Plus: the OECD ignores a formal letter from UN human rights experts raising concerns about the detrimental and discriminatory impacts on the Global South of OECD and G20 tax policy

Jun 1

#143 The Corrupting of Tax Justice

In this episode: stories of how we've all been cheated, and a look at some of the actors involved in the corruption of tax policy making in Australia; the consequences have rippled out to affect the rest of the world too. How do we protect ourselves from the forces seeking to limit tax justice in the world? Plus, we'll bring you the latest updates on historic negotiations between nations on a UN Tax Convention from a Tax Justice Network colleague who was in the room and gives us his impressions.

Apr 30

#142 Blockchain havens

"This will supersede them all." Offshore specialist and human rights lawyer Paul Beckett of Corlett Bolton & Co sounds the alarm on the fast development of 'blockchain havens.'The Tax Justice Network's Bob Michel speaks about the challenges regulators, anti-corruption campaigners and poorer countries face."Cryptocurrency and transactions through the blockchain are tax havens in themselves. But also they touch down on earth into the bricks and mortar world through blockchain havens. [They offer] the deliberate deletion of corporate oversight...an enormous black hole for transparency purposes. Impenetrable.""Secrecy jurisdictions everywhere are busily setting up specialist blockchain hubs. They're happy to be outdoing each other to offer regulatory refuge. And that's what they've always been about. Yet someone told me that they recently interviewed the relevant minister of a well known jurisdiction where they've set up a blockchain hub who told him he couldn't answer questions about crypto and blockchain policy because he didn't understand it!""Commercial work in the offshore havens is diminishing. The number of incorporations everywhere, particularly in places in the Caribbean, is falling, partly because of rules that have been adopted, but partly because people don't need them anymore."

Mar 29

#141 Crime DOES pay...?

Crime doesn't pay - or does it?! Taxcast host Naomi Fowler talks to former police investigator, asset recovery specialist and co-author of The War on Dirty Money Tristram Hicks about the state of criminal asset recovery. PLUS: The Tax Justice Network's Alex Cobham analyses Australia's much awaited, revised (aka watered down) legislation to tackle multinational tax abuse - disappointing but still significant. AND: a model wealth tax law has been agreed by consensus at the United Nations. We expected the OECD to try to block it but they didn't - why?