Lagan Sebert of the American News Project examines how tax havens helped enable the current economic mess and how several of the big companies that have received billions of bailout dollars were also the most active in the shady world of offshore finance.
WASHINGTON, DC – Global Financial Integrity is pleased to welcome Kenneth M. Jensen as the newest member of its advisory board.
WASHINGTON, DC – When G20 leaders meet in Washington, D.C., this Saturday, improving transparency in the financial system must be a priority, says Global Financial Integrity (GFI).
WASHINGTON, DC – Senator Barack Obama accepted the Democratic Party presidential nomination last night with a speech in which he stated that he would fund his agenda for domestic reform, including providing tax relief for working families, healthcare and investment in energy independence and education, by “closing corporate tax loopholes and tax havens.”
WASHINGTON, DC – The Senate Permanent Subcommittee on Investigations’ hearing Thursday, “Tax Havens and U.S. Tax Compliance” offered rare insight into a shadowy world of secretive banking practices and reported figures for estimated revenue lost through tax evasion and “abusive tax schemes” in the tens of billions.
WASHINGTON, DC – Global Financial Integrity (GFI) applauds the Senate Permanent Subcommittee on Investigations’ exploration into the role of offshore banks in U.S. tax evasion. The Subcommittee will be holding a hearing on “Tax Haven Banks and U.S. Tax Compliance,” Thursday, July 17th to investigate if and how financial institutions located in offshore jurisdictions, including Liechtenstein and Switzerland, facilitate illicit financial practices such as tax evasion.
WASHINGTON, DC – With current prosecutorial and investigative actions against tax dodgers being stepped-up and legislation gaining ground in the U.S. Senate that will tackle everything from money-laundering to tax haven abuse, the potential for far-reaching changes in how Americans bank and do business is set to change, says Global Financial Integrity.
NEW YORK – Global Financial Integrity (GFI) director Raymond Baker addressed an audience of Fortune 500 CEOs, CFOs, general counsels and directors, and federal and state policy makers Wednesday in New York City on changes in U.S. finance laws and enforcement.