A world where someone pays $6.2 million for a banana duct-taped to a wall is a world that needs wealth taxes. But when wealth taxes are considered by politicians and governments, unsubstantiated spin and myth making dominates the debate. (If you can call it a debate). We look at the Tax Justice Network's modest wealth tax proposal which could help governments increase their national budgets by 7 percent a year, a potential global revenue of more than 2 trillion US dollars annually. And we discuss what research really says about so-called 'tax flight' by the very wealthy because of tax reforms. Will they really leave in droves? Featuring: <a href= "https://taxjustice.net/taxjustice_team/mark-bou-mansour/" target= "_blank" rel="noopener">Mark Bou Mansour</a>, Tax Justice Network <a href= "https://taxjustice.net/taxjustice_team/alison-schultz/" target= "_blank" rel="noopener">Alison Schultz</a>, Tax Justice Network <a href="https://x.com/VGronwald" target= "_blank" rel="noopener">Victoria Gronwald</a> of the London School of Economics. She's co-author of their report, <a href= "https://eprints.lse.ac.uk/121396/" target="_blank" rel= "noopener">Tax Flight. Britain's wealthiest and their attachment to place.</a> Various AI-voiced excerpts from interviews with High Net Worth Individuals from the LSE report. Hosted and produced by <a href= "https://bsky.app/profile/naomifowler.bsky.social" target="_blank" rel="noopener">Naomi Fowler</a>, Tax Justice Network Transcript of the show is here (some is automated) <a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/12/6m-banana-transcript_Dec_24.pdf"> https://podcasts.taxjustice.net/wp-content/uploads/2024/12/6m-banana-transcript_Dec_24.pdf</a>  Further reading: Texas Judge Wrongly Halts Enforcement of Landmark Anti-Money Laundering Law <a href= "https://thefactcoalition.org/texas-cta-injunction/">https://thefactcoalition.org/texas-cta-injunction/</a>  An update from FACT Coalition in the US on the US Treasury appeal against the Texas Judge’s Nationwide Injunction Against Corporate Transparency Act <a href= "https://thefactcoalition.org/just-the-facts-12-12-24/"></a><a href="https://thefactcoalition.org/just-the-facts-12-12-24/">https://thefactcoalition.org/just-the-facts-12-12-24/</a> The Guy Who Bought (and Ate) That Banana Art <a href= "https://slate.com/technology/2024/12/justin-sun-banana-art-crypto-billionaire-criminal-comedian-maurizio-cattelan.html"> https://slate.com/technology/2024/12/justin-sun-banana-art-crypto-billionaire-criminal-comedian-maurizio-cattelan.html</a>  Countries can raise $2 trillion by copying Spain’s wealth tax, study finds <a href= "https://taxjustice.net/press/countries-can-raise-2-trillion-by-copying-spains-wealth-tax-study-finds/"> https://taxjustice.net/press/countries-can-raise-2-trillion-by-copying-spains-wealth-tax-study-finds/</a>  Tax flight? Britain’s wealthiest and their attachment to place, LSE report <a href= "https://eprints.lse.ac.uk/121396/">https://eprints.lse.ac.uk/121396/</a> Infographic: The extreme wealth of the superrich is making our economies insecure <a href= "https://taxjustice.net/2024/08/19/infographic-the-extreme-wealth-of-the-superrich-is-making-our-economies-insecure/"> https://taxjustice.net/2024/08/19/infographic-the-extreme-wealth-of-the-superrich-is-making-our-economies-insecure/</a> Wiki: How to tax the superrich (with pictures) <a href= "https://taxjustice.net/2024/08/19/wiki-how-to-tax-the-superrich-with-pictures/"> https://taxjustice.net/2024/08/19/wiki-how-to-tax-the-superrich-with-pictures/</a>

<description>&lt;p class="MsoNormal"&gt;A world where someone pays $6.2 million for a banana duct-taped to a wall is a world that needs wealth taxes. But when wealth taxes are considered by politicians and governments, unsubstantiated spin and myth making dominates the debate. (If you can call it a debate). We look at the Tax Justice Network's modest wealth tax proposal which could help governments increase their national budgets by 7 percent a year, a potential global revenue of more than 2 trillion US dollars annually. And we discuss what research really says about so-called 'tax flight' by the very wealthy because of tax reforms. Will they really leave in droves?&lt;/p&gt; &lt;p class="MsoNormal"&gt;Featuring:&lt;/p&gt; &lt;p class="MsoNormal"&gt;&lt;a href= "https://taxjustice.net/taxjustice_team/mark-bou-mansour/" target= "_blank" rel="noopener"&gt;Mark Bou Mansour&lt;/a&gt;, Tax Justice Network&lt;/p&gt; &lt;p class="MsoNormal"&gt;&lt;a href= "https://taxjustice.net/taxjustice_team/alison-schultz/" target= "_blank" rel="noopener"&gt;Alison Schultz&lt;/a&gt;, Tax Justice Network&lt;/p&gt; &lt;p class="MsoNormal"&gt;&lt;a href="https://x.com/VGronwald" target= "_blank" rel="noopener"&gt;Victoria Gronwald&lt;/a&gt; of the London School of Economics. She's co-author of their report, &lt;a href= "https://eprints.lse.ac.uk/121396/" target="_blank" rel= "noopener"&gt;&lt;em&gt;Tax Flight. Britain's wealthiest and their attachment to place.&lt;/em&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Various AI-voiced excerpts from interviews with High Net Worth Individuals from the LSE report.&lt;/p&gt; &lt;p class="MsoNormal"&gt;Hosted and produced by &lt;a href= "https://bsky.app/profile/naomifowler.bsky.social" target="_blank" rel="noopener"&gt;Naomi Fowler&lt;/a&gt;, Tax Justice Network&lt;/p&gt; &lt;p class="MsoNormal"&gt;Transcript of the show is here (some is automated) &lt;a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/12/6m-banana-transcript_Dec_24.pdf"&gt; https://podcasts.taxjustice.net/wp-content/uploads/2024/12/6m-banana-transcript_Dec_24.pdf&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt;Further reading:&lt;/p&gt; &lt;p class="MsoNormal"&gt;Texas Judge Wrongly Halts Enforcement of Landmark Anti-Money Laundering Law &lt;a href= "https://thefactcoalition.org/texas-cta-injunction/"&gt;https://thefactcoalition.org/texas-cta-injunction/&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt;An update from FACT Coalition in the US on the US Treasury appeal against the Texas Judge’s Nationwide Injunction Against Corporate Transparency Act &lt;a href= "https://thefactcoalition.org/just-the-facts-12-12-24/"&gt;&lt;/a&gt;&lt;a href="https://thefactcoalition.org/just-the-facts-12-12-24/"&gt;https://thefactcoalition.org/just-the-facts-12-12-24/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;The Guy Who Bought (and Ate) That Banana Art &lt;a href= "https://slate.com/technology/2024/12/justin-sun-banana-art-crypto-billionaire-criminal-comedian-maurizio-cattelan.html"&gt; https://slate.com/technology/2024/12/justin-sun-banana-art-crypto-billionaire-criminal-comedian-maurizio-cattelan.html&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt;Countries can raise $2 trillion by copying Spain’s wealth tax, study finds &lt;a href= "https://taxjustice.net/press/countries-can-raise-2-trillion-by-copying-spains-wealth-tax-study-finds/"&gt; https://taxjustice.net/press/countries-can-raise-2-trillion-by-copying-spains-wealth-tax-study-finds/&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt;Tax flight? Britain’s wealthiest and their attachment to place, LSE report &lt;a href= "https://eprints.lse.ac.uk/121396/"&gt;https://eprints.lse.ac.uk/121396/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Infographic: The extreme wealth of the superrich is making our economies insecure &lt;a href= "https://taxjustice.net/2024/08/19/infographic-the-extreme-wealth-of-the-superrich-is-making-our-economies-insecure/"&gt; https://taxjustice.net/2024/08/19/infographic-the-extreme-wealth-of-the-superrich-is-making-our-economies-insecure/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Wiki: How to tax the superrich (with pictures) &lt;a href= "https://taxjustice.net/2024/08/19/wiki-how-to-tax-the-superrich-with-pictures/"&gt; https://taxjustice.net/2024/08/19/wiki-how-to-tax-the-superrich-with-pictures/&lt;/a&gt;&lt;/p&gt;</description>

A world where someone pays $6.2 million for a banana duct-taped to a wall is a world that needs wealth taxes. But when wealth taxes are considered by politicians and governments, unsubstantiated spin and myth making dominates the debate. (If you can...

$6.2 million banana

What are the implications of Donald Trump's election victory for tax justice and the anti-corruption fight in the US and globally? We see a moment of clarity... Host <a href= "https://bsky.app/profile/naomifowler.bsky.social" target="_blank" rel="noopener">Naomi Fowler</a> talks to <a href= "https://alexcobham.bsky.social" target="_blank" rel= "noopener">Alex Cobham</a> of the <a href="https://taxjustice.net" target="_blank" rel="noopener">Tax Justice Network</a> based in Europe and <a href="https://zorkamilin.bsky.social" target="_blank" rel="noopener">Zorka Milin</a> of the <a href= "https://thefactcoalition.org" target="_blank" rel="noopener">FACT Coalition</a> in Washington, US. We also have two very good pieces of news: one is the latest vote at the UN as countries vote overwhelmingly to take negotiations on the UN Tax Convention to the next step, leaving the blocker nations in a tiny minority. And the second piece of good news is that despite huge lobbying to try to stop them, Australian politicians have shown how politicians really can act in the public interest - they've just passed legislation that means all major multinationals operating in Australia will now have to publish country by country reporting data on the scale of their activities, including profits declared and tax paid in a list of jurisdictions deemed as 'high risk.' It's not only good for Australia, it's going to shed light on what multinationals are doing in some other jurisdictions, which will help them tax fairly too. Transcript: (some is automated) <a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/11/Transcript_Taxcast-November-2024.pdf"> https://podcasts.taxjustice.net/wp-content/uploads/2024/11/Transcript_Taxcast-November-2024.pdf</a>  Further reading: The world is losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform <a href= "https://taxjustice.net/press/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds/"> https://taxjustice.net/press/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds/</a> UN General Assembly votes overwhelmingly to begin historic, global tax overhaul (US and UK left isolated as only 9 countries now oppose progress) <a href= "https://taxjustice.net/press/united-nations-general-assembly-votes-overwhelmingly-to-begin-historic-global-tax-overhaul/">https://taxjustice.net/press/united-nations-general-assembly-votes-overwhelmingly-to-begin-historic-global-tax-overhaul/</a> UN recording of the historic vote <a href= "https://webtv.un.org/en/asset/k1b/k1bnm64xzs">https://webtv.un.org/en/asset/k1b/k1bnm64xzs</a> and UN summary of the vote <a href= "https://press.un.org/en/2024/gaef3614.doc.htm">https://press.un.org/en/2024/gaef3614.doc.htm</a> The Tax Justice Network rolling blog on UN tax negotiations: <a href= "https://taxjustice.net/2024/04/25/%f0%9f%94%b4live-un-tax-negotiations/"> https://taxjustice.net/2024/04/25/%f0%9f%94%b4live-un-tax-negotiations/</a> Australia's historic Country By Country Reporting bill passes <a href= "https://taxjustice.net/press/tax-justice-network-hails-world-leading-australian-legislation-on-corporate-tax-transparency/">https://taxjustice.net/press/tax-justice-network-hails-world-leading-australian-legislation-on-corporate-tax-transparency/</a> Find all our podcasts and further information on <a href= "https://podcasts.taxjustice.net/">https://podcasts.taxjustice.net/</a>

<description>&lt;p&gt;What are the implications of Donald Trump's election victory for tax justice and the anti-corruption fight in the US and globally? We see a moment of clarity... Host &lt;a href= "https://bsky.app/profile/naomifowler.bsky.social" target="_blank" rel="noopener"&gt;Naomi Fowler&lt;/a&gt; talks to &lt;a href= "https://alexcobham.bsky.social" target="_blank" rel= "noopener"&gt;Alex Cobham&lt;/a&gt; of the &lt;a href="https://taxjustice.net" target="_blank" rel="noopener"&gt;Tax Justice Network&lt;/a&gt; based in Europe and &lt;a href="https://zorkamilin.bsky.social" target="_blank" rel="noopener"&gt;Zorka Milin&lt;/a&gt; of the &lt;a href= "https://thefactcoalition.org" target="_blank" rel="noopener"&gt;FACT Coalition&lt;/a&gt; in Washington, US.&lt;/p&gt; &lt;p&gt;We also have two very good pieces of news: one is the latest vote at the UN as countries vote overwhelmingly to take negotiations on the UN Tax Convention to the next step, leaving the blocker nations in a tiny minority. And the second piece of good news is that despite huge lobbying to try to stop them, Australian politicians have shown how politicians really can act in the public interest - they've just passed legislation that means all major multinationals operating in Australia will now have to publish country by country reporting data on the scale of their activities, including profits declared and tax paid in a list of jurisdictions deemed as 'high risk.' It's not only good for Australia, it's going to shed light on what multinationals are doing in some other jurisdictions, which will help them tax fairly too.&lt;/p&gt; &lt;p&gt;Transcript: (some is automated) &lt;a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/11/Transcript_Taxcast-November-2024.pdf"&gt; https://podcasts.taxjustice.net/wp-content/uploads/2024/11/Transcript_Taxcast-November-2024.pdf&lt;/a&gt; &lt;/p&gt; &lt;p&gt;Further reading:&lt;/p&gt; &lt;p&gt;The world is losing half a trillion to tax abuse, largely due to 8 countries blocking UN tax reform &lt;a href= "https://taxjustice.net/press/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds/"&gt; https://taxjustice.net/press/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;UN General Assembly votes overwhelmingly to begin historic, global tax overhaul (&lt;em&gt;US and UK left isolated as only 9 countries now oppose progress) &lt;/em&gt;&lt;a href= "https://taxjustice.net/press/united-nations-general-assembly-votes-overwhelmingly-to-begin-historic-global-tax-overhaul/"&gt;https://taxjustice.net/press/united-nations-general-assembly-votes-overwhelmingly-to-begin-historic-global-tax-overhaul/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;span style= "font-size: 12.0pt; line-height: 115%; font-family: 'Aptos',sans-serif; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-ansi-language: EN-GB; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"&gt; UN recording of the historic vote &lt;a href= "https://webtv.un.org/en/asset/k1b/k1bnm64xzs"&gt;https://webtv.un.org/en/asset/k1b/k1bnm64xzs&lt;/a&gt; and UN summary of the vote &lt;a href= "https://press.un.org/en/2024/gaef3614.doc.htm"&gt;https://press.un.org/en/2024/gaef3614.doc.htm&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;The Tax Justice Network rolling blog on UN tax negotiations: &lt;a href= "https://taxjustice.net/2024/04/25/%f0%9f%94%b4live-un-tax-negotiations/"&gt; https://taxjustice.net/2024/04/25/%f0%9f%94%b4live-un-tax-negotiations/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Australia's historic Country By Country Reporting bill passes &lt;a href= "https://taxjustice.net/press/tax-justice-network-hails-world-leading-australian-legislation-on-corporate-tax-transparency/"&gt;https://taxjustice.net/press/tax-justice-network-hails-world-leading-australian-legislation-on-corporate-tax-transparency/&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Find all our podcasts and further information on &lt;a href= "https://podcasts.taxjustice.net/"&gt;https://podcasts.taxjustice.net/&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt;</description>

What are the implications of Donald Trump's election victory for tax justice and the anti-corruption fight in the US and globally? We see a moment of clarity... Host  talks to  of the  based in Europe and  of the  in Washington, US. We also have two...

Trump: All's Not Lost

Campaigning for change can feel like banging your head against a brick wall sometimes, but change is coming. On the Taxcast this month host Naomi Fowler talks us through three big tax justice wins:  First, the draft UN convention - showing exactly why the United Nations is so much better and more democratic a place for the world to truly reform international tax rules. Second, the Financial Action Task force has announced important changes which indicate a shift away from the colonial mindset that established a system that's not working because it fails to hold the really big offender nations to account. And third, the Australian government seems to be holding its nerve against major lobbying pressure and is getting closer to implementing its world leading country by country reporting legislation, which is superior to the one the European Union uses and the OECD advocates. It'll cast light on the genuine activities of multinationals for other nations as well, so they can tax them more fairly too. Featuring:  Alex Cobham and Florencia Lorenzo of the Tax Justice Network Mark Zirnsak of Tax Justice Network Australia Further reading: Transcript of the show (some is automated) <a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf">https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf</a>  UN convention draft resolution <a href= "https://undocs.org/A/C.2/79/L.8">https://undocs.org/A/C.2/79/L.8</a> FATF changes its grey listing criteria to further focus on risk <a href= "https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html">https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html</a> Bahamas attorney general leads Global South's push for UN tax cooperation deal <a href= "https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml"> https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml</a>  Ten Truths about Tax Havens: Inclusion and the "Liberia" Problem <a href= "https://brooklynworks.brooklaw.edu/faculty/1287/">https://brooklynworks.brooklaw.edu/faculty/1287/</a> Global civil society calls on Australian senators to hold firm and deliver corporate tax transparency <a href= "https://taxjustice.net/press/global-civil-society-calls-on-australian-senators-to-hold-firm-and-deliver-corporate-tax-transparency/"> https://taxjustice.net/press/global-civil-society-calls-on-australian-senators-to-hold-firm-and-deliver-corporate-tax-transparency/</a>  Our website with further information is here: <a href= "https://podcasts.taxjustice.net/production/taxcast/">https://podcasts.taxjustice.net/production/taxcast/</a>

<description>&lt;p&gt;Campaigning for change can feel like banging your head against a brick wall sometimes, but change is coming. On the Taxcast this month host Naomi Fowler talks us through three big tax justice wins: &lt;/p&gt; &lt;p&gt;First, the draft UN convention - showing exactly why the United Nations is so much better and more democratic a place for the world to truly reform international tax rules.&lt;/p&gt; &lt;p&gt;Second, the Financial Action Task force has announced important changes which indicate a shift away from the colonial mindset that established a system that's not working because it fails to hold the really big offender nations to account.&lt;/p&gt; &lt;p&gt;And third, the Australian government seems to be holding its nerve against major lobbying pressure and is getting closer to implementing its world leading country by country reporting legislation, which is superior to the one the European Union uses and the OECD advocates. It'll cast light on the genuine activities of multinationals for other nations as well, so they can tax them more fairly too.&lt;/p&gt; &lt;p&gt;Featuring: &lt;/p&gt; &lt;p&gt;Alex Cobham and Florencia Lorenzo of the Tax Justice Network&lt;/p&gt; &lt;p&gt;Mark Zirnsak of Tax Justice Network Australia&lt;/p&gt; &lt;p&gt;Further reading:&lt;/p&gt; &lt;p&gt;Transcript of the show (some is automated) &lt;a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf"&gt;https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf&lt;/a&gt; &lt;/p&gt; &lt;p&gt;UN convention draft resolution &lt;a href= "https://undocs.org/A/C.2/79/L.8"&gt;https://undocs.org/A/C.2/79/L.8&lt;/a&gt;&lt;/p&gt; &lt;p&gt;FATF changes its grey listing criteria to further focus on risk &lt;a href= "https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html"&gt;https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Bahamas attorney general leads Global South's push for UN tax cooperation deal &lt;a href= "https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml"&gt; https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml&lt;/a&gt; &lt;/p&gt; &lt;p&gt;Ten Truths about Tax Havens: Inclusion and the "Liberia" Problem &lt;a href= "https://brooklynworks.brooklaw.edu/faculty/1287/"&gt;https://brooklynworks.brooklaw.edu/faculty/1287/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;Global civil society calls on Australian senators to hold firm and deliver corporate tax transparency &lt;a href= "https://taxjustice.net/press/global-civil-society-calls-on-australian-senators-to-hold-firm-and-deliver-corporate-tax-transparency/"&gt; https://taxjustice.net/press/global-civil-society-calls-on-australian-senators-to-hold-firm-and-deliver-corporate-tax-transparency/&lt;/a&gt; &lt;/p&gt; &lt;p&gt;Our website with further information is here: &lt;a href= "https://podcasts.taxjustice.net/production/taxcast/"&gt;https://podcasts.taxjustice.net/production/taxcast/&lt;/a&gt; &lt;/p&gt;</description>

Campaigning for change can feel like banging your head against a brick wall sometimes, but change is coming. On the Taxcast this month host Naomi Fowler talks us through three big tax justice wins:  First, the draft UN convention - showing...

Three Big Wins

Are banks claims about their financing of fossil fuel companies true, or are they green laundering? The Tax Justice Network has been following the money, and our investigations show how financial secrecy is allowing banks to hide the true scale of their backing for activities that are accelerating the climate crisis. It's an international scandal. Plus: the judgment is final: Apple must now pay back taxes in Ireland of 13 billion euros, over 14 billion dollars. It's a big win for the European Commission. We discuss the implications. Featuring: <a href= "https://x.com/vestager">Margrethe </a><a href= "https://x.com/vestager" target="_blank" rel= "noopener">Vestager</a>, EU Competition Commissioner, Tax Justice Network researchers and co-suthors of the report <a href= "https://taxjustice.net/2024/09/11/how-greenlaundering-conceals-the-full-scale-of-fossil-fuel-financing/" target="_blank" rel="noopener">How “greenlaundering” conceals the full scale of fossil fuel financing</a> <a href= "https://taxjustice.net/taxjustice_team/franziska-mager/" target= "_blank" rel="noopener">Franziska Mager</a> and <a href= "https://taxjustice.net/taxjustice_team/alison-schultz/" target= "_blank" rel="noopener">Alison Shultz,</a> economist Joseph Stiglitz of the <a href="https://t.co/E4ikZztE1v" target="_blank" rel= "noopener">Independent Commission for the Reform of International Corporate Taxation</a>, <a href= "https://x.com/toveryding" target="_blank" rel="noopener">Tove Ryding</a>, tax coordinator at the European Network on Debt and Development, <a href="https://www.eurodad.org/" target="_blank" rel="noopener">Eurodad</a> in Europe, and <a href= "https://x.com/ZorkaMilin" target="_blank" rel="noopener">Zorka Milin</a>, former tax lawyer and policy director at the <a href= "https://t.co/wqRPFaoWrm" target="_blank" rel="noopener">FACT Coalition</a> in the United States, <a href= "https://www.thebureauinvestigates.com/profile/wilcrisp/" target= "_blank" rel="noopener">Will Crisp</a> of the <a href= "https://www.thebureauinvestigates.com/" target="_blank" rel= "noopener">Bureau of Investigative Journalism</a>. Produced and hosted by <a href= "https://taxjustice.net/taxjustice_team/naomi-fowler-2/" target= "_blank" rel="noopener">Naomi Fowler</a> of the Tax Justice Network. Transcript of the show: <a href= "https://taxjustice.net/wp-content/uploads/2024/09/Taxcast_Sept_24_Transcript.pdf"> https://taxjustice.net/wp-content/uploads/2024/09/Taxcast_Sept_24_Transcript.pdf</a>  Further reading: Our tax problem is more than just one rotten apple <a href= "https://www.eurodad.org/our_tax_problem_is_more_than_just_one_rotten_apple"> https://www.eurodad.org/our_tax_problem_is_more_than_just_one_rotten_apple</a> EU’s Apple ‘victory’ highlights the failure of international tax rules <a href= "https://taxjustice.net/press/eus-apple-victory-highlights-the-failure-of-international-tax-rules/"> https://taxjustice.net/press/eus-apple-victory-highlights-the-failure-of-international-tax-rules/</a> The UN adopts ambitious mandate for three legally binding global tax deals <a href= "https://www.eurodad.org/after_landslide_vote_un_adopts_ambitious_mandate_for_three_legally_binding_global_tax_deals"> https://www.eurodad.org/after_landslide_vote_un_adopts_ambitious_mandate_for_three_legally_binding_global_tax_deals</a>  90 NGOs Call on Congress to End the Corporate Tax Preference for Shifting Jobs & Profits Offshore <a href= "https://thefactcoalition.org/90-ngos-call-on-congress-to-end-the-corporate-tax-preference-for-shifting-jobs-profits-offshore/">https://thefactcoalition.org/90-ngos-call-on-congress-to-end-the-corporate-tax-preference-for-shifting-jobs-profits-offshore/</a> How “greenlaundering” conceals the full scale of fossil fuel financing <a href= "https://taxjustice.net/2024/09/11/how-greenlaundering-conceals-the-full-scale-of-fossil-fuel-financing/"> https://taxjustice.net/2024/09/11/how-greenlaundering-conceals-the-full-scale-of-fossil-fuel-financing/</a> Citigroup helped funnel $3.5bn to UAE state oil company <a href= "https://www.thebureauinvestigates.com/stories/2024-09-13/citigroup-helped-funnel-3bn-to-uae-state-oil-company/"> https://www.thebureauinvestigates.com/stories/2024-09-13/citigroup-helped-funnel-3bn-to-uae-state-oil-company/</a>  Our podcast website with all our podcasts <a href= "https://podcasts.taxjustice.net/">https://podcasts.taxjustice.net/</a>

<description>&lt;p&gt;&lt;span style= "font-size: 14pt; font-family: 'Times New Roman', serif;"&gt;Are banks claims about their financing of fossil fuel companies true, or are they &lt;em&gt;green laundering?&lt;/em&gt; The &lt;span style= "font-family: 'Times New Roman', serif;"&gt;Tax Justice Network has been following the money, and our investigations show how financial secrecy is allowing banks to hide the true scale of their backing for activities that are accelerating the climate crisis. It's an international scandal.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style= "font-size: 14pt; font-family: 'Times New Roman', serif;"&gt;&lt;span style="font-family: 'Times New Roman', serif;"&gt; Plus: the judgment is final: &lt;span style= "font-family: 'Times New Roman', serif;"&gt;Apple must now pay back taxes in Ireland of 13 billion euros, over 14 billion dollars. It's a big win for the European Commission. We discuss the implications.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;Featuring: &lt;a href= "https://x.com/vestager"&gt;Margrethe &lt;/a&gt;&lt;a href= "https://x.com/vestager" target="_blank" rel= "noopener"&gt;Vestager&lt;/a&gt;, EU Competition Commissioner, Tax Justice Network researchers and co-suthors of the report&lt;/span&gt;&lt;/span&gt;&lt;/span&gt; &lt;em&gt;&lt;a href= "https://taxjustice.net/2024/09/11/how-greenlaundering-conceals-the-full-scale-of-fossil-fuel-financing/" target="_blank" rel="noopener"&gt;How “greenlaundering” conceals the full scale of fossil fuel financing&lt;/a&gt;&lt;/em&gt; &lt;a href= "https://taxjustice.net/taxjustice_team/franziska-mager/" target= "_blank" rel="noopener"&gt;Franziska Mager&lt;/a&gt; and &lt;a href= "https://taxjustice.net/taxjustice_team/alison-schultz/" target= "_blank" rel="noopener"&gt;Alison Shultz,&lt;/a&gt; e&lt;span style= "font-family: 'Times New Roman', serif;"&gt;conomist Joseph Stiglitz of the &lt;a href="https://t.co/E4ikZztE1v" target="_blank" rel= "noopener"&gt;Independent Commission for the Reform of International Corporate Taxation&lt;/a&gt;,&lt;/span&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt; &lt;a href= "https://x.com/toveryding" target="_blank" rel="noopener"&gt;Tove Ryding&lt;/a&gt;, tax coordinator at the European Network on Debt and Development, &lt;a href="https://www.eurodad.org/" target="_blank" rel="noopener"&gt;Eurodad&lt;/a&gt; in Europe, and &lt;a href= "https://x.com/ZorkaMilin" target="_blank" rel="noopener"&gt;Zorka Milin&lt;/a&gt;, former tax lawyer and policy director at the &lt;a href= "https://t.co/wqRPFaoWrm" target="_blank" rel="noopener"&gt;FACT Coalition&lt;/a&gt; in the United States, &lt;span style= "font-family: 'Times New Roman', serif;"&gt;&lt;a href= "https://www.thebureauinvestigates.com/profile/wilcrisp/" target= "_blank" rel="noopener"&gt;Will Crisp&lt;/a&gt; of the &lt;a href= "https://www.thebureauinvestigates.com/" target="_blank" rel= "noopener"&gt;Bureau of Investigative Journalism&lt;/a&gt;. Produced and hosted by &lt;a href= "https://taxjustice.net/taxjustice_team/naomi-fowler-2/" target= "_blank" rel="noopener"&gt;Naomi Fowler&lt;/a&gt; of the Tax Justice Network.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;&lt;span style= "font-family: 'Times New Roman', serif;"&gt;Transcript of the show: &lt;a href= "https://taxjustice.net/wp-content/uploads/2024/09/Taxcast_Sept_24_Transcript.pdf"&gt; https://taxjustice.net/wp-content/uploads/2024/09/Taxcast_Sept_24_Transcript.pdf&lt;/a&gt; &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;&lt;em&gt;Further reading:&lt;/em&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;Our tax problem is more than just one rotten apple &lt;a href= "https://www.eurodad.org/our_tax_problem_is_more_than_just_one_rotten_apple"&gt; https://www.eurodad.org/our_tax_problem_is_more_than_just_one_rotten_apple&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;EU’s Apple ‘victory’ highlights the failure of international tax rules &lt;a href= "https://taxjustice.net/press/eus-apple-victory-highlights-the-failure-of-international-tax-rules/"&gt; https://taxjustice.net/press/eus-apple-victory-highlights-the-failure-of-international-tax-rules/&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;The UN adopts ambitious mandate for three legally binding global tax deals &lt;a href= "https://www.eurodad.org/after_landslide_vote_un_adopts_ambitious_mandate_for_three_legally_binding_global_tax_deals"&gt; https://www.eurodad.org/after_landslide_vote_un_adopts_ambitious_mandate_for_three_legally_binding_global_tax_deals&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;90 NGOs Call on Congress to End the Corporate Tax Preference for Shifting Jobs &amp; Profits Offshore &lt;span style= "line-height: 115%; font-family: Aptos, sans-serif;"&gt;&lt;a href= "https://thefactcoalition.org/90-ngos-call-on-congress-to-end-the-corporate-tax-preference-for-shifting-jobs-profits-offshore/"&gt;https://thefactcoalition.org/90-ngos-call-on-congress-to-end-the-corporate-tax-preference-for-shifting-jobs-profits-offshore/&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;How “greenlaundering” conceals the full scale of fossil fuel financing &lt;a href= "https://taxjustice.net/2024/09/11/how-greenlaundering-conceals-the-full-scale-of-fossil-fuel-financing/"&gt; https://taxjustice.net/2024/09/11/how-greenlaundering-conceals-the-full-scale-of-fossil-fuel-financing/&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;Citigroup helped funnel $3.5bn to UAE state oil company &lt;a href= "https://www.thebureauinvestigates.com/stories/2024-09-13/citigroup-helped-funnel-3bn-to-uae-state-oil-company/"&gt; https://www.thebureauinvestigates.com/stories/2024-09-13/citigroup-helped-funnel-3bn-to-uae-state-oil-company/&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-size: 14pt;"&gt;Our podcast website with all our podcasts &lt;a href= "https://podcasts.taxjustice.net/"&gt;https://podcasts.taxjustice.net/&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt;</description>

Are banks claims about their financing of fossil fuel companies true, or are they green laundering? The Tax Justice Network has been following the money, and our investigations show how financial secrecy is allowing banks to hide the true scale of...

Green laundering

There are some massive heists happening that many of us have never heard of. Taxcast host <a href="https://x.com/Naomi_Fowler" target="_blank" rel="noopener">Naomi Fowler</a> talks to investigative journalist and author <a href= "https://x.com/geoffwhite247" target="_blank" rel="noopener">Geoff White</a> about  how crypto and the tech industry are impacting money laundering, and  challenging national and international security. The rights and responsibilities for the tech and crypto industry, and 'freedom of speech' defences are being tested in court. The outcomes will have profound effects on all of us. "625 million is a serious contender for the biggest theft of all time. In terms of money stolen from one victim in one go, it's hard to find a case bigger than that. I think people should know about this case, but the subsequent freedom of speech epic battle, the sort of battle royale that's now going on, I think it's really important." Plus: a short news round-up of news including Trump's tax plans should he become US president and wealth taxes move centre-stage. Further reading and resources: Transcript of the show: <a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/07/July-24-Taxcast_Transcript.pdf"> https://podcasts.taxjustice.net/wp-content/uploads/2024/07/July-24-Taxcast_Transcript.pdf</a> (some is automated) Geoff White's book Rinsed. From Cartels to Crypto: How the Tech Industry Washes Money for the World's Deadliest Crooks <a href="https://www.penguin.co.uk/books/455031/rinsed-by-white-geoff/9780241624838"> https://www.penguin.co.uk/books/455031/rinsed-by-white-geoff/9780241624838</a> and <a href= "https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838"> https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838</a>  <a href= "https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838"> https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838</a>  How the crypto industry is buying political support <a href= "https://popular.info/p/how-the-crypto-industry-is-buying">https://popular.info/p/how-the-crypto-industry-is-buying</a> Gabriel Zucman on G20 country commitment to work cooperatively to fix global taxation of the super-rich. 'an important step in the right direction' <a href= "https://x.com/gabriel_zucman/status/1816602072068026422">https://x.com/gabriel_zucman/status/1816602072068026422</a> G20 Must go further in fight to tax the rich, ICRICT statement <a href= "https://www.icrict.com/international-tax-reform/g20-must-go-further-in-fight-to-tax-the-rich/"> https://www.icrict.com/international-tax-reform/g20-must-go-further-in-fight-to-tax-the-rich/</a>  G20 countries agree on need to tax the super-rich — but later <a href= "https://www.politico.eu/article/g20-countries-agree-on-need-to-tax-the-super-rich-but-later/#:~:text=In%20a%20statement%20Zucman%2C%20who,%2Drich%20must%20be%20fixed.%22"> https://www.politico.eu/article/g20-countries-agree-on-need-to-tax-the-super-rich-but-later/#:~:text=In%20a%20statement%20Zucman%2C%20who,%2Drich%20must%20be%20fixed.%22</a> Ten tax reforms to raise £60 billion for public services and a fairer economy (UK) <a href= "https://patrioticmillionaires.uk/latest-news/policy-recommendations-2024"> https://patrioticmillionaires.uk/latest-news/policy-recommendations-2024</a>  For more information on all our podcasts go to <a href= "https://podcasts.taxjustice.net/">https://podcasts.taxjustice.net/</a>

<description>&lt;p&gt;There are some massive heists happening that many of us have never heard of. Taxcast host &lt;a href="https://x.com/Naomi_Fowler" target="_blank" rel="noopener"&gt;Naomi Fowler&lt;/a&gt; talks to investigative journalist and author &lt;a href= "https://x.com/geoffwhite247" target="_blank" rel="noopener"&gt;Geoff White&lt;/a&gt; about &lt;br /&gt; how crypto and the tech industry are impacting money laundering, and &lt;br /&gt; challenging national and international security. The rights and responsibilities for the tech and crypto industry, and 'freedom of speech' defences are being tested in court. The outcomes will have profound effects on all of us.&lt;/p&gt; &lt;p&gt;&lt;em&gt;"625 million is a serious contender for the biggest theft of all time. In terms of money stolen from one victim in one go, it's hard to find a case bigger than that. I think people should know about this case, but the subsequent freedom of speech epic battle, the sort of battle royale that's now going on, I think it's really important."&lt;/em&gt;&lt;/p&gt; &lt;p&gt;Plus: a short news round-up of news including Trump's tax plans should he become US president and wealth taxes move centre-stage.&lt;/p&gt; &lt;p&gt;Further reading and resources:&lt;/p&gt; &lt;p&gt;Transcript of the show: &lt;a href= "https://podcasts.taxjustice.net/wp-content/uploads/2024/07/July-24-Taxcast_Transcript.pdf"&gt; https://podcasts.taxjustice.net/wp-content/uploads/2024/07/July-24-Taxcast_Transcript.pdf&lt;/a&gt; (some is automated)&lt;/p&gt; &lt;p&gt;Geoff White's book &lt;em&gt;Rinsed. From Cartels to Crypto: How the Tech Industry Washes Money for the World's Deadliest Crooks &lt;a href="https://www.penguin.co.uk/books/455031/rinsed-by-white-geoff/9780241624838"&gt; https://www.penguin.co.uk/books/455031/rinsed-by-white-geoff/9780241624838&lt;/a&gt; and&lt;/em&gt; &lt;em&gt;&lt;a href= "https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838"&gt; https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838&lt;/a&gt; &lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;a href= "https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838"&gt; https://uk.bookshop.org/p/books/rinsed-how-tech-is-revolutionizing-money-laundering-geoff-white/7618854?ean=9780241624838&lt;/a&gt; &lt;/p&gt; &lt;p&gt;How the crypto industry is buying political support &lt;a href= "https://popular.info/p/how-the-crypto-industry-is-buying"&gt;https://popular.info/p/how-the-crypto-industry-is-buying&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;span style= "font-size: 12.0pt; line-height: 115%; font-family: 'Aptos',sans-serif; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Aptos; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-ansi-language: EN-GB; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"&gt; Gabriel Zucman on G20 country commitment to work cooperatively to fix global taxation of the super-rich. 'an important step in the right direction' &lt;span style="color: #0070c0;"&gt;&lt;a href= "https://x.com/gabriel_zucman/status/1816602072068026422"&gt;https://x.com/gabriel_zucman/status/1816602072068026422&lt;/a&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;G20 Must go further in fight to tax the rich, ICRICT statement &lt;a href= "https://www.icrict.com/international-tax-reform/g20-must-go-further-in-fight-to-tax-the-rich/"&gt; https://www.icrict.com/international-tax-reform/g20-must-go-further-in-fight-to-tax-the-rich/&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt;G20 countries agree on need to tax the super-rich — but later &lt;a href= "https://www.politico.eu/article/g20-countries-agree-on-need-to-tax-the-super-rich-but-later/#:~:text=In%20a%20statement%20Zucman%2C%20who,%2Drich%20must%20be%20fixed.%22"&gt; https://www.politico.eu/article/g20-countries-agree-on-need-to-tax-the-super-rich-but-later/#:~:text=In%20a%20statement%20Zucman%2C%20who,%2Drich%20must%20be%20fixed.%22&lt;/a&gt;&lt;/p&gt; &lt;p class="MsoNormal"&gt;Ten tax reforms to raise £60 billion for public services and a fairer economy (UK) &lt;a href= "https://patrioticmillionaires.uk/latest-news/policy-recommendations-2024"&gt; https://patrioticmillionaires.uk/latest-news/policy-recommendations-2024&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt;For more information on all our podcasts go to &lt;a href= "https://podcasts.taxjustice.net/"&gt;https://podcasts.taxjustice.net/&lt;/a&gt; &lt;/p&gt; &lt;p class="MsoNormal"&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt; &lt;p&gt; &lt;/p&gt;</description>

There are some massive heists happening that many of us have never heard of. Taxcast host  talks to investigative journalist and author  about  how crypto and the tech industry are impacting money laundering, and  challenging national and...

Crypto heists on trial

The Taxcast is a monthly podcast/radio show from the Tax Justice Network with the latest from the world of tax havens, financial secrecy and tax abuse. We explore these most challenging ethical and economic issues of our times with transformational economic analysis you won’t hear anywhere else.

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