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) https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf

UN convention draft resolution https://undocs.org/A/C.2/79/L.8

FATF changes its grey listing criteria to further focus on risk https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html

Bahamas attorney general leads Global South's push for UN tax cooperation deal https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml

Ten Truths about Tax Havens: Inclusion and the "Liberia" Problem https://brooklynworks.brooklaw.edu/faculty/1287/

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/

Our website with further information is here: https://podcasts.taxjustice.net/production/taxcast/

There are some massive heists happening that many of us have never heard of. Taxcast host Naomi Fowler talks to investigative journalist and author Geoff White 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: https://podcasts.taxjustice.net/wp-content/uploads/2024/07/July-24-Taxcast_Transcript.pdf (some is automated)

Geoff White's book Rinsed. From Cartels to Crypto: How the Tech Industry Washes Money for the World's Deadliest Crooks https://www.penguin.co.uk/books/455031/rinsed-by-white-geoff/9780241624838 and 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

How the crypto industry is buying political support https://popular.info/p/how-the-crypto-industry-is-buying

Gabriel Zucman on G20 country commitment to work cooperatively to fix global taxation of the super-rich. 'an important step in the right direction' https://x.com/gabriel_zucman/status/1816602072068026422

G20 Must go further in fight to tax the rich, ICRICT statement https://www.icrict.com/international-tax-reform/g20-must-go-further-in-fight-to-tax-the-rich/

G20 countries agree on need to tax the super-rich — but later 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

Ten tax reforms to raise £60 billion for public services and a fairer economy (UK) https://patrioticmillionaires.uk/latest-news/policy-recommendations-2024

For more information on all our podcasts go to https://podcasts.taxjustice.net/