Giegold promises to polish Ucits label By Ruth Sullivan Green MEP Sven Giegold is intent on improving the image of the Ucits brand, which he suggests has become tarnished in some parts of the world. “In Asia, regulators say they do not trust Ucits as a retail brand any more. That is very bad,” he […]
Briefing: FATCA and Data Protection
FATCA is the most effective tool in the fight against tax evasion and tax avoidance. For a long time, civil society (development organisations, Tax Justice Network, Attac…) and the Greens have been fighting for reciprocal automatic exchange of information in tax matters. It is sad to admit: All efforts of the EU have not got […]
The breakthrough: EU finance ministers stand together against tax havens and for automatic exchange of information
It is music to my ears. The finance ministers of the six largest EU countries Germany, France, United Kingdom, Italy, Poland and Spain held a memorable press conference in Dublin on Friday night. Their requests have been put forward by Attac and the Tax Justice Network since their establishment more than 10 years ago: Closure […]
Offshore Secrets: Time is ripe for a European FATCA
Journalists from over 30 countries have published data of approximately 130,000 persons involved in tax haven companies or activities aiming at tax evasions or avoidance (1). This gave a new boost to the debate on tax justice and untransparent international financial transactions, which had last been triggered by the FATCA initiative in the US.(2) FATCA […]