Tax Justice Network

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The Tax Justice Network ( TJN ) is an independent international network that works on issues such as tax avoidance , tax evasion , tax competition , financial transparency and tax havens . The network conducts research, advice and exchange of knowledge with the aim of increasing understanding of the problems and developing and promoting reform proposals. The TJN reports are cited by numerous major media outlets such as the New York Times , The Guardian , Washington Post and FAZ . Experts from the Tax Justice Network also appear at public hearings of the Finance Committee of the German Bundestag and are represented in expert committees of the EU Commission .

organization

Tax Justice Network Limited is a UK registered non-profit limited by guarantee company . John Christensen is the managing director. In Germany, the network is mainly represented by Markus Meinzer, who also represents TJN in the tax justice network . TJN is a member of the Financial Transparency Coalition (FTC). TJN focuses on research and knowledge sharing and does not do political campaigning. However, it works with other non-governmental organizations and supports them in terms of content. These include: Global Alliance for Tax Justice (GATJ), Actionaid , Association for Accountancy and Business Affairs (AABA), Attac , Bretton Woods Project, Christian Aid , Tax Justice Europe, Eurodad , Finance Watch and Oxfam .

Goal setting

The organization wants to draw attention to the fact that large sums of money are being withdrawn from national economies and national budgets by the fact that profits and income are shifted away from the countries in which they are generated into so-called " tax havens ". Both developing countries and rich countries are affected by the resulting loss of revenue, developing countries but more because they have a smaller tax base. In March 2005, TJN estimated the capital of wealthy individuals relocated to such tax havens at $ 11.5 trillion and the tax revenue removed from their countries of origin at $ 255 billion annually. In addition, there are even higher annual loss of income from multinational corporations who use tax havens for bogus booking of profits and for manipulating internal transfer prices.

As an alternative to the current system of national profit determination, TJN proposes the unitary taxation procedure , in which the total profit of an international group is determined first, before it is then divided among the countries and taxed there.

2012 study on tax evasion

In 2012, a study by the Tax Justice Network found that home states lost up to $ 280 billion in income taxes through tax evasion. Financial assets of $ 21 to $ 32 trillion are invested in tax havens .

Shadow financial index

The TJN regularly publishes the shadow financial index , in which the role of the last 82 states and territories as financial centers for tax avoidance and evasion is assessed. The 2015 report names the following 10 most important places for shadow finance in terms of secrecy and global weight : Switzerland , Hong Kong , United States , Singapore , Cayman Islands , Luxembourg , Lebanon , Germany , Bahrain and Dubai .

Publications

See also

Web links

Individual evidence

  1. ^ It's the Economy - My Big Fat Belizean, Singaporean Bank Account , New York Times, July 24, 2012
  2. ↑ Tax havens: G20 has failed to crack down, says campaign group , The Guardian , October 4, 2011
  3. ↑ Obama faces criticism as US state tops secrecy table , The Observer , November 1, 2009
  4. ^ Sub-Saharan Africa: capital flight, secret wealth and debt , guardian.co.uk, July 22, 2012
  5. ^ Tax-Haven Blacklist Stirs Nations , Washington Post, April 4, 2009
  6. ↑ Action against tax evaders - EU warns of tax shortfall of 1 trillion euros , FAZ, December 6, 2012
  7. ^ The lost tax haven , FAZ, April 4, 2012
  8. ↑ On the advantages of a financial transaction tax compared to a bank levy ( Memento from January 25, 2011 in the Internet Archive ) Statement by the Tax Justice Network on the public hearing of the Finance Committee of the German Bundestag on various motions on financial transaction taxes and financial market regulation on May 17 2010
  9. ^ TJN statement on combating cross-border tax arrangements in the finance committee of the Bundestag
  10. ↑ Public meeting of the Finance Committee: Combating cross-border tax arrangements ( Memento from January 21, 2017 in the Internet Archive )
  11. ↑ Public meeting of the Finance Committee . In: German Bundestag . June 20, 2016 ( bundestag.de [accessed February 16, 2017]).
  12. ^ Commission Expert Group on automatic exchange of financial account information
  13. ^ Financial Transparency Coalition
  14. ^ Sol Picciotto (tax justice network): Towards Unitary Taxation of Transnational Corporations December 9, 2012
  15. ↑ Study on losses through tax evasion, page 5
  16. ^ Shadow financial index financialsecrecyindex.com
  17. ↑ Shadow financial index 2015 listing ( Memento from December 8, 2015 in the Internet Archive ) financialsecrecyindex.com
  18. ↑ Activists declare the USA to be a tax haven Spiegel.de, November 2, 2015, accessed on August 22, 2017