In this paper we use the recently developed Bilateral Financial Secrecy Index to evaluate which countries supply most secrecy to EU Member States. Then, we assess how well-aimed are two of the EU's recent policy efforts to increase financial transparency: automatic Country-by-Country Reporting...

An editorial by the publication Trusts and Trustees and a paper by Jersey Finance criticised our paper “Trusts: Weapons of Mass Injustice?”, in particular regarding trust registration requirements and publicity, evidence on the abuse of trusts and whether current laws already address all...

Beneficial ownership transparency has become one of the leading tools to tackle illicit financial flows related to tax evasion, money laundering, corruption and terrorism finance. It involves identifying the “beneficial owners”, who are the individuals (natural persons) who ultimately own or...

This policy paper complements an academic paper which has been published as a working paper in the Charles University (Prague) Institute of Economics Working Paper Series (“Is Panama really your tax haven? Secrecy jurisdictions and the countries they harm”). This policy paper uses the...

The European Union (EU) has been making improvements to its legal frameworks relating to the collection and exchange of relevant information to help tackle illicit financial flows related to tax evasion and tax avoidance and in order to identify money associated with crime. Given the existence...

In a world where billion-dollar corruption and money laundering schemes can travel through developed countries' financial institutions undetected, the only chance for any country's authorities to successfully address financial crime is to apply cutting edge technology for crime detection. At the...

Countries are offering citizenship and residency for investment schemes in an attempt to raise revenues or attract rich individuals. While there may be legitimate reasons for acquiring such residency or citizenship certificates (e.g. visa-free traveling, studying or working in a different...

This document provides a review of the Argentine tax authority's structure for dealing with transfer pricing in Argentina; a chronological review of the legislative transfer pricing framework; and a very extensive listing of the transfer pricing cases that have reached different court levels. The...