Oct 31, 2024
Campaigning for change can feel like banging your head against a brick wall sometimes, but change is coming. On the Taxcast this month host Naomi Fowler talks us through three big tax justice wins:
First, the draft UN convention - showing exactly why the United Nations is so much better and more democratic a place for the world to truly reform international tax rules.
Second, the Financial Action Task force has announced important changes which indicate a shift away from the colonial mindset that established a system that's not working because it fails to hold the really big offender nations to account.
And third, the Australian government seems to be holding its nerve against major lobbying pressure and is getting closer to implementing its world leading country by country reporting legislation, which is superior to the one the European Union uses and the OECD advocates. It'll cast light on the genuine activities of multinationals for other nations as well, so they can tax them more fairly too.
Featuring:
Alex Cobham and Florencia Lorenzo of the Tax Justice Network
Mark Zirnsak of Tax Justice Network Australia
Further reading:
Transcript of the show (some is automated) https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf
UN convention draft resolution https://undocs.org/A/C.2/79/L.8
FATF changes its grey listing criteria to further focus on risk https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html
Bahamas attorney general leads Global South's push for UN tax cooperation deal https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml
Ten Truths about Tax Havens: Inclusion and the "Liberia" Problem https://brooklynworks.brooklaw.edu/faculty/1287/
Global civil society calls on Australian senators to hold firm and deliver corporate tax transparency https://taxjustice.net/press/global-civil-society-calls-on-australian-senators-to-hold-firm-and-deliver-corporate-tax-transparency/
Our website with further information is here: https://podcasts.taxjustice.net/production/taxcast/