Worldwide tax changes and transparency measures need to be implemented soon in order to fight capital flight from poverty-stricken nations and worldwide tax evasion.
Taxation News & Information
Approximately USD 1 trillion worth of illicit capital outflows is experienced by developing nations every year, two thirds of which is attributed to tax evasion by multinationals companies. Curbing these outflows is essential for poorer countries, in order to mobilize the national economy and resources and eradicate local poverty. The information was provided at the recent annual conference of the Task Force on Financial Integrity and Economic Development (TFFIED) where several new international tax measures were proposed, which were claimed would serve to eradicate world poverty, international capital flight, and aid governments worldwide in achieving their economic goals.
Task Force Director Raymond Baker spoke to MBA students at Georgia Tech (his alma mater) ...
Standing at the pump, watching the numbers tick away, do you ever wonder where the ...
Half of the world's trade passes through tax havens. Right now, they are hiding billions ...
WASHINGTON, DC – Global Financial Integrity (GFI) today called on leaders of the G8 to ...
May 17, 2012
WASHINGTON, DC – Today, 41 business and civil society groups sent a letter to every ...
May 16, 2012
LONDON - Global Witness is today calling on Glencore to explain potentially corrupt deals in ...
May 5, 2012
Monday's daily news updates from Global Financial Integrity
May 21, 2012
In the past decades, corruption, tax loopholes, and ineffective trading regulations have widened the gap ...
May 21, 2012
Friday's daily news updates from Global Financial Integrity
May 18, 2012
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