Tax Justice Network

The Tax Justice Network ( Tax Justice Network, TJN ) is an international non-governmental organization which promotes a progressive distribution of the tax burden and for transparency in international financial markets. In particular, large companies and wealthy individuals should be prevented to avoid their tax liability on tax evasion in so-called tax havens, or with other methods of tax avoidance. These mechanisms have three consequences: first, the deterioration of public services (schools, hospitals, public transport, etc.), secondly, the increased government borrowing and third, it causes a (relatively) higher tax burden on middle and lower income groups. All three consequences of tax evasion weakened democracy. TJN continues in this vein for the strengthening of democracy and against tax evasion, a. The TJN is cited by numerous major media like New York Times, The Guardian, Washington Post and FAZ. Experts from the Tax Justice Network also occur at public hearings of the Finance Committee of the German Bundestag. She is also a member of the Koordinierungsauschusses the Task Force on Financial Integrity and Economic Development.

Organization

The TJN is headed by an elected by the members of the international committee, whose chairman Bruno Gurtner is. The international secretariat is based at the New Economics Foundation in London.

Objective

The TJN wants to draw attention to the fact that the economies and state budgets large sums of money be withdrawn by the fact that earnings and income from the countries in which they are earned, are displaced away into so-called "tax havens". Both developing countries and rich countries are affected by the resulting loss of revenue, developing countries but more because they have a smaller tax base. In March 2005, TJN estimated the displaced in such tax havens capital of wealthy individuals to 11.5 trillion dollars and the countries of origin thereby withdrawn tax revenue annually to $ 255 billion U.S. dollars. In addition there are higher annual loss of revenue by multinational corporations that use tax havens to sham accounting for gains and for the manipulation of transfer prices.

As an alternative to the current system of national income determination TJN proposes the method of Unitary Taxation ago (Total consolidated taxation), in which first the total profit of an international group is determined before it is then divided between the countries, and taxed.

Study of 2012 tax evasion

2012 results in a study by the Tax Justice Network, that the home states lost to income taxes through tax evasion of up to 280 billion dollars. Financial assets of 21 bis $ 32 trillion was invested in tax havens.

Financial Secrecy Index

After the Financial Secrecy Index of TJN are on the two aspects of confidentiality and global weight in ascending order 10 important places for shade Financing: Switzerland, Cayman Islands, Luxembourg, Hong Kong, United States, Singapore, Jersey, Japan, Germany and Bahrain.

Publications

• German Study ( PDF, 587 kB) by 2012 ( German translation )
• Nicholas Shaxson, John Christensen and Nick Mathiason: Inequality: More than half remains hidden (or Why inequality is greater than we thought ) (pdf, 658 kB)

• Tax Havens. Creating Turmoil (PDF file, 3.10 MB )