The Panama papers and the OECD: re-reading Havens in a Storm

Last week I re-read Jason Sharman’s classic Havens in a Storm, described by Tax Analysts’ Martin Sullivan as “one of the best books out there for tax experts trying to make sense of big countries’ policies toward tax havens” (Sullivan’s review includes a length summary of the book). I was looking for a hook for… Continue reading The Panama papers and the OECD: re-reading Havens in a Storm

Capital gains tax avoidance: can Uganda succeed where India didn’t?

I’m writing this post from under a mosquito net on a close Kampala evening. Since arriving on Wednesday I’ve had a whistlestop tour of the issues facing Uganda as it embarks on a review of its tax treaties. So far I’ve met with four tax inspectors, two finance ministry officials, four (count ’em) tax advisers,… Continue reading Capital gains tax avoidance: can Uganda succeed where India didn’t?

Now the horse meat scandal has a tax haven angle

This is most definitely a Friday afternoon story. It seems, according to The Guardian, that the owner of one of the companies at the centre of the horse meat scandal is hidden behind the veil of secrecy in the British Virgin Islands. Draap Trading Ltd delivered meat to the French company Spanghero, which in turn… Continue reading Now the horse meat scandal has a tax haven angle

How Venezuela blacklisted itself as a tax haven

As you might have seen, the European Commission is proposing that EU Member States create a blacklist of countries that do not “apply minimum standards of good governance in tax matters. These countries would be subject to sanctions from EU member states, up to and including the termination of double tax treaties.The blacklisting approach is… Continue reading How Venezuela blacklisted itself as a tax haven

ActionAid on the global fight against tax havens

Well, happy 40th birthday ActionAid. Beginning as a small London-based child sponsorship initiative, my former employer had grown into a truly global federation of development organisations. Form follows function, and the brilliant decision to relegate ActionAid’s UK office from headquarters to one member of a federation with the same number of votes as, say, ActionAid Malawi is… Continue reading ActionAid on the global fight against tax havens