The Tax Justice Network (or TJN) is an

advocacy group Advocacy groups, also known as interest groups, special interest groups, lobbying groups or pressure groups use various forms of advocacy in order to influence public opinion and ultimately policy. They play an important role in the develop ...

consisting of a coalition of researchers and activists with a shared concern about

tax avoidance Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law. A tax shelter is one type of tax avoidance, and tax havens are jurisdi ...

, tax competition, and

tax haven A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...

Empirical results

The TJN has reported on the OECD Base erosion and profit shifting (BEPS) projects and conducted their own research that the scale of corporate taxes being avoided by multinationals is an estimated $660bn in 2012 (a quarter of US multinationals’ gross profits), which is equivalent to 0.9% of World GDP. In July 2012, following a study into wealthy individuals with offshore accounts, the Tax Justice Network published claims regarding deposits worth at least $21 trillion (£13 trillion), potentially even $32 trillion, in secretive tax havens. As a result, governments suffer a lack of income taxes of up to $280 billion. In November 2020, the TJN published "The State of Tax Justice 2020" report. It claims $427 billion is lost every year to tax abuse.

Focus

Financial Secrecy Index

The

Financial Secrecy Index The Financial Secrecy Index (FSI) is a report published by the advocacy organization Tax Justice Network (TJN) which ranks countries by ''financial secrecy indicators'', weighted by the economic flows of each country. It looks at how wealthy ...

is a biennial publication of the TJN which was started in 2009 and was last released in February 2020. It covers 133 global jurisdictions and produces a "Secrecy Indicator" score for each based on 20 qualitative criteria. Releases are widely covered in the media.

Corporate Tax Haven Index

The Corporate Tax Haven Index is a biennial publication of the TJN which had its inaugural publication in May 2019. It covers 64 global jurisdictions and produces a “Corporate Tax Haven Index” value by combining two core measures; first a Haven Score based on 20 mostly tax related criteria, second a Global Scale Weight showing the scale of activity. Release are widely covered in the media.

Funding

TJN has been rated as 'highly transparent' in its funding by

Transparify Transparify is an initiative that provides a global rating of the financial transparency of major think tanks. It rates the extent to which think tanks publicly disclose their sources of funding, the amount of funding they have received, and the ...

and has been given an A grade for funding transparency by

Who Funds You? Who Funds You? is a project that rates and promotes transparency of funding sources of think tanks. The project scored think tanks according to four criteria, namely whether the organisation discloses its income, whether it publishes financial de ...

Other

Experts of TJN appeared at public hearings of the Finance Committee of the

German Bundestag German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ge ...

in 2016.

Notes

External links

*
Global Tax Alliance for JusticeBriefing Paper of the TJNTJN Co-founder Richard Murphy Tax BlogBullough, Oliver. "The Fall of Jersey: How a Tax Haven Goes Bust," ''The Guardian'' online, 8 December 2015
- includes an interview with John Christensen, a native of Jersey, about the origins of TJN {{DEFAULTSORT:Tax Justice Network Tax avoidance Business ethics organizations International taxation Political organisations based in London Tax organizations