The UK’s Corruption Problem

SHARE

Gatj

12/01/2015

Seven of the UK’s Overseas Territories are infamous for the role they play as secrecy jurisdictions, according to a new report by Global Witness, Christian Aid, Transparency International and Tax Justice Network.

The report, The UK´s corruption problem, examines the progress that these seven Territories have made towards transparency in the last two years. Each of the Territories have been graded as green, yellow, orange or red for their commitments with respect to tax and beneficial ownership transparency. The authors look at the ease with which people can hide money from tax authorities in Overseas Territories’ banks. The report concludes that all seven Territories have made progress in this area in the last two years. There is still further work to do nonetheless: the progress primarily benefits tax authorities in rich countries, leaving out those in developing countries.

You can download the document here.

Interesting Articles to Read

06/23/2022
The Global Alliance for Tax Justice (GATJ)’s Tax and Gender Working Group, together with ActionAid International, Akina
06/15/2022
Âurea Mouzinho is joining the Global Alliance for Tax Justice (GATJ)’s Secretariat as Global Policy Advocacy and Campaig
05/19/2022
This year marks 20 years since the first United Nations Financing for Development (FfD) Conference was held in Monterrey