Archive for the ‘Thoughts’ Category

Jun 15 2016

Pre-Brexit has already handed the City of London four big victories

Posted by: Nicholas Shaxson in: Thoughts

That’s the conclusion of a new report by the non-governmental body Corporate Observatory Europe, entitled How Cameron’s
referendum delivered victories to Big Finance.
The introduction summarises:

“From the day a ballot on UK membership was first announced by David Cameron three years ago, the financial sector has sought and won significant lobbying victories thanks to a complicit

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May 06 2016

The Panama papers are not about tax

Posted by: Nicholas Shaxson in: Thoughts

This contains a cross-post from a blog I wrote for the Tax Justice Network recently, with the same headline. It complements another article I wrote for the UK’s Prospect Magazine, entitled Don’t Call Them Tax Havens. An introductory paragraph says:

“A few have called this the “Panama tax avoidance scandal,” but this reveals a profound misunderstanding of tax

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Apr 20 2016

Five myths about tax havens

Posted by: Nicholas Shaxson in: Offshore Banking, Thoughts

Cross-posted from the Tax Justice Network, on my article in the Washington Post entitled Five Myths about Tax havens.

The myths go like this:

  • Tax havens protect vulnerable people against despotic governments, unjust laws and political turmoil.
  • Tax havens are good for high-tax nations.
Feb 22 2016

Global Tax Fairness: new book

Posted by: Nicholas Shaxson in: Thoughts

Cross-posted from the Tax Justice Network: highlighting a new book, containing a chapter of mine entitled Tax Competitiveness: a Dangerous Obsession.

This new book from Oxford University Press, edited by Thomas Pogge and Krishen Mehta, publishes fifteen chapters by leading tax justice scholars on different topics ranging from country-by-country reporting to unitary taxation, from automatic information…

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Feb 19 2016

What really goes on in the City of London?

Posted by: Nicholas Shaxson in: Thoughts

John Lanchester has a wonderful description of a new photo exhibition in London by Martin Parr. Read his review, including a nice plug for Treasure Islands.

He describes a set of demands the Occupy movement made to the City of London Corporation (which Lanchester calls “City 2″ — City 1 being the financial services industry which is often called…

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Jan 21 2016

TJN-backed tax haven book a bestseller in Germany

Posted by: Nicholas Shaxson in: Thoughts

On the book Steueroase Deutschland (Tax Haven Germany) written by my colleague Markus Meinzer, cross-posted with the Tax Justice Network.

We are delighted to note that Markus Meinzer’s book Steueroase Deutschland (Tax Haven Germany) is selling like hot kuchen in Germany: currently ranked at Number 1 in business books, and an even more…

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Jan 15 2016

The Heavens: more accolades

Posted by: Nicholas Shaxson in: Thoughts

My tax haven photo book with Paolo Woods and Gabriele Galimberti is getting some serious attention among the photographer community.

Mother Jones: top photo books of 2015.

“This is a fascinating look at the world of tax shelters. No, wait! Seriously. Paolo Woods and Gabriele Galimberti give us a rare inside look at life in the land of the

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Jan 06 2016

The ironic pillage of tax haven Puerto Rico by offshore hedge funds

Posted by: Nicholas Shaxson in: Thoughts

An article I’ve just written, cross-posted with the Tax Justice Network

Puerto Rico is a peculiar historical relic, whose relationship with the United States has strong echoes of the half-in-half-out relationships that the British Overseas Territories and Crown Dependencies enjoy with the mother country, the United Kingdom. This halfway-house link, which provides solid constitutional and legal bedrock for financial investors while…

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Nov 11 2015

Who runs our countries: us, or global finance?

Posted by: Nicholas Shaxson in: Thoughts

From the Fools’ Gold blog ( a new project of mine.) Cross-posted with the Tax Justice Network.

Stuart Fraser is the former head of the powerful Policy & Resources Committee of the peculiar City of London Corporation, and an influential figure in Britain. He’s quoted in The Price We Pay, a recent documentary on tax havens and corporate tax…

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Oct 28 2015

How the wealth managers do it: an in-depth investigation

Posted by: Nicholas Shaxson in: Offshore Banking, Tax Havens, Thoughts

Cross-posted from the Tax Justice Network

The Atlantic is carrying a truly fascinating article entitled Inside the Secretive World of Tax-Avoidance Experts. And this researcher, Brooke Harrington, went to town on it:

“Given the little that is known about the profession and its role in global inequality, it seemed imperative to learn more about

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