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End austerity now: £70bn in revenue lost annually in tax havens

Friday Drivetime | 14.07.2012 16:54 | Occupy Everywhere | Public sector cuts | World

Friday Drivetime - BCfm’s weekly politics show presented by Tony Gosling
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John Christansen - Tax Justice Network - mp3 6.4M


Tax Havens: John Christensen from the Tax Justice Network. Annual tax evasion loss to UK exchequer is £70bn plus £25bn in tax avoidance is lost. Three measures that need to be adopted: 1. Automatic Information Exchange when accounts are opened, 2. Require multinational companies to disclose their accounts in every country they operate. 3. Britain must stop blocking tax haven reforms. Eva Rausing, whose death was announced this week, used cruise ship 'The World' as a tax haven. We must end non-domicile status for oligarchs etc., who live in Britain but don't pay tax here. Shadow banking system of Structured Investment Vehicles (SIVs) explained. Presidential candidate Mitt Romney exposed as keeping his wealth in the Cayman Islands. Bristol ACTSA: Anti-Apartheid leader and former South African government minister Ronnie Kasrils launches the new book London Recruits edited by Ken Keable in the Colston Hall. He recommends documentaries Have You Heard From Johannesburg and Mandela Son Of Africa.

 http://www.radio4all.net/index.php/program/61445

Friday Drivetime
- Homepage: http://www.bcfm.org.uk/2012/07/13/17/friday-drivetime-79/19560