In the wake of the Paradise Papers, a number of COFFERS researchers have featured in the media, sharing their expertise and views on the leaks. In Denmark, major newspaper Jyllands-Posten featured Copenhagen Business School researcher Rasmus Corlin Christensen discussing the rise of tax policy onto the global political agenda. On COFFERS, the article stated: “With […]Read More
The Friedrich-Ebert-Foundation publishes a policy paper on tax avoidance in the common market by COFFERS researcher Lukas Hakelberg
In his paper, Lukas shows how the liberalization of the common market facilitated cross-border mergers and transactions between related firms. Policymakers knew this would intensify tax competition among member states. Yet, fundamental disagreement between capital importing and capital exporting countries paired with the unanimity requirement in tax matters kept them from harmonizing their corporate tax […]Read More
The Redistributive Impact of Hypocrisy in International Taxation
Together with his co-author Max Schaub, COFFERS researcher Lukas Hakelberg just published an article in Regulation & Governance on the redistributive impact of the Foreign Account Tax Compliance Act (FATCA) and the multilateral automatic exchange of information (AEI) regime it precipitated. The authors perform a difference-in-differences analysis comparing banks’ deposit and debt security liabilities to […]Read More
The End of Tax Havens?
Lukas Hakelberg and Thomas Rixen from COFFERS working package 3 at the University of Bamberg wrote an accessible popular science piece on the purported end of tax havens for the social science supplement of the German Bundestag’s weekly newspaper (Aus Politik und Zeitgeschichte). They show how tax competition and tax havens emerged after governments had […]Read More
Loopholes in German draft law regarding beneficial ownership registration likely in breach of the 4th EU Anti-Money Laundering Directive
As the German legislative process for the implementation of the 4th EU anti-money laundering directive hits the home straight, the draft law has become under increasing pressure from researchers and civil society. In a public hearing in the finance committee of the German Bundestag on Monday, 24th April, Tax Justice Network, Transparency International and others […]Read More
Panama Papers: Who were the big players?
The Panama Papers revealed a systemic challenge to global governance, in which the big players are major banks, multinationals and the biggest financial centres of all. Unsurprisingly, much of the coverage of the Panama Papers focused on juicy, individual stories: political conflicts of interest, criminal money laundering and HNWI tax evasion in exotic locations. But […]Read More
Capital unchained: finance, intangible assets and the double life of capital in the offshore world
A new article in a Review of International Political Economy special section on Global Wealth Chains edited by COFFERS researchers Leonard Seabrooke and Duncan Wigan. Here, with Dick Bryan and Mike Rafferty, Duncan explores conceptual and regulatory challenges posed by the rise of the knowledge economy and intangible assets, such a intellectual property, in terms […]Read More