Nations Make Dubious Claims of Progress on Offshore Tax Havens

FEATURING GEORGE TURNER – The Organisation for Economic Co-operation and Development (OECD) has published a new report citing “massive progress” on off shore tax havens as an attempt to address the embarrassing revelations from the so-called Panama Papers two years ago. But the progress cited in the report is so optimistic that only one nation is singled out for being non-compliant with information sharing standards: Trinidad and Tobago.

The UK-based Tax Justice Network denounced the report as an “empty ‘tax haven’ blacklist,” and a “meaningless gesture.”

More information at www.taxjustice.net.

George Turner, Researcher with the UK-based Tax Justice Network.