The US as Tax Haven: Tax Evasion, Corruption, and Other Illicit Financial Flows

February 1, 2018, 12:30pm - 2:00pm

Vanderbilt Hall 208
40 Washington Square South
New York, NY

A discussion with Tax Justice Network on the launch of their latest Financial Secrecy Index

Please join us for an informal lunchtime conversation with Andrés Knobel, analyst at the Tax Justice Network (TJN).

As part of an ongoing initiative by the Center for Human Rights and Global Justice to foster dialogue on the relationship between fiscal policy and human rights, this discussion will take a close look at how tax havens enable illicit financial flows (IFFs), particularly in light of the recent scandals generated by the Panama and Paradise Papers.

A lawyer by training, Andrés is an expert on IFFs, particularly on secrecy and the strategies that allow individuals and entities to evade taxes, launder money, or hide proceeds of corruption, depriving states of revenues needed to deliver on their human rights obligations and exacerbating inequalities.

Andrés is one of the lawyers behind TJN’s flagship publication, the Financial Secrecy Index (FSI). Widely covered by the media (e.g. The Economist, Bloomberg), the FSI is an evidence-based methodology that identifies the world’s worst tax havens, shedding light on the role played by major economies—including the United States—and offering an alternative perspective to the usual list of tax havens identified by the European Union, the OECD, and Transparency International’s Corruption Perception Index.

The talk will address the research that goes into the FSI and how the US measures up. In particular, Andrés will discuss the lack of progress made by the US in relation to the ABC of Fiscal Transparency: Automatic Exchange of Bank Account Information (FCTA/CRS), Beneficial Ownership registration of companies, trusts, partnerships and foundations, and Country-by-Country Reporting (BEPS Action 13).

Light refreshments will be served.

Please RSVP here.