The recent FinCEN files leak demonstrated the scale of the problem of information-sharing across borders when it comes to countering tax crimes and financial misconduct around the world. The blatant information-sharing deficit within the global financial system serves as a strong policy wake-up call and...
Effective investigation and prosecution of tax crimes rely on wide and comprehensive exchanges of information between all actors involved. There has to be no leakage or bottleneck in the flow of information from the tax authorities’ first suspicion of a tax offence to the competent...
Project coordinator Prof Dr Umut Turksen and Dr Adam Abukari from the Centre for Financial and Corporate Integrity at Coventry University, co-authored a new publication on “OECD’s global principles and EU’s tax crime measures”. The article was published open access in the Journal of Financial...
PROTAX is delighted to announce a talk by project co-ordinator Prof Dr Umut Turksen at the 2020 Indiana/Leeds Summer Tax Workshop Series. Prof Dr Turksen, Professor of Law at Coventry University, will contribute to the series with an online talk discussing ‘The Role of Human Factors in...
In April 2020, the OECD Tax and Fiscal Policy in Response to the Coronavirus Crisis report was presented during a virtual meeting of G20 Finance Ministers and Central Bank Governors. The report takes stock of the emergency tax and fiscal policy measures introduced by countries worldwide....
An intriguing finding of the PROTAX project so far has been the dual role “enablers” play in the environment of tax crime. PROTAX has found that enablers - tax professional such as bankers, tax advisors, asset managers and accountants – often have competing legal and ethical...
Based on the findings of the focus groups discussions designed for identifying and understanding ground-level problems and solutions related to the current approaches to tax fraud (PROTAX Blog, First Protax Focus Group – Building an effective response to counter tax crimes, 6 March 2019), the...
On the 3rd of February 2020, members of the PROTAX consortium and PROTAX advisory board members have had the pleasure to hold an informal workshop with participants from Austrian Ministries of Justice and Finance and forensic experts from different domains. Here we report the general topics...
Disclosing illegal corporate practices is an important element in the fight against corruption, tax crime and other forms of malfeasance that go undetected despite efforts to secure compliance to standards of good business practice. Providing for transparency of financial flows, public procurement and expenditure can...
On 22 November 2019 PROTAX convened experts and end-user stakeholders in Brussels in the Enhancing the investigation, prosecution and prevention of tax crimes in the EU conference The conference offered the opportunity to discuss a range of issues pertaining to tax crime in the EU and internationally,...