Ending US financial secrecy
The Taxcast27 Helmi 2025

Ending US financial secrecy

The rollercoaster story of the battle in the US (the world's biggest global financial secrecy offender) over the implementation of a beneficial ownership register, the attempts to stop it and the (many) lessons learned from the UK's registers. The US's Corporate Transparency Act seemed to be on track. Until it wasn't... "Everything is bigger in Texas, that's what they like to say! And as we've learned, even court orders are bigger in Texas."

Meanwhile, we take a look at UK company registration progress, since the days when "you could just set up a company for 12 pounds and say you were Mickey Mouse with a shareholder Donald Duck and no one asked any questions." (Spoiler alert: there's still a long way to go)

Guests include: Zorka Milin and Ian Gary of the Financial Accountability and Corporate Transparency Coalition, Cynthia O'Murchu Financial Times Investigative Reporter, Graham Barrow, financial crime sleuth and podcaster, the Dark Money Files, campaigner and author Oliver Bullough

Hosted and produced by Naomi Fowler, co-produced by Leo Schick.

Transcript of this episode: https://podcasts.taxjustice.net/wp-content/uploads/2025/02/Transcript_Feb_25.pdf

Further reading:

What is beneficial ownership? https://taxjustice.net/faq/what-is-beneficial-ownership/

How to fix beneficial ownership frameworks, so they actually work https://taxjustice.net/2023/12/20/new-report-on-how-to-fix-beneficial-ownership-frameworks-so-they-actually-work/

Ownership Transparency https://thefactcoalition.org/issues/ownership-transparency/

Beneficial ownership registration around the world, 2022: https://taxjustice.net/wp-content/uploads/2022/12/State-of-Play-of-Beneficial-Ownership-2022-Tax-Justice-Network.pdf

US Judge Lifts Last Beneficial Ownership Roadblock https://lnkd.in/gNYN6nrg

Biden's DOJ just asked the Supreme Court to do a huge favor for Donald Trump https://www.vox.com/scotus/393540/supreme-court-garland-texas-top-cop-shop-nationwide-injunction

Supreme Court Allows Enforcement of Major Anti-Corruption Law to Resume, FACT Coalition: https://thefactcoalition.org/supreme-court-allows-enforcement-of-major-anti-corruption-law-to-resume/

US company database remains on hold, despite Supreme Court decision https://www.icij.org/investigations/fincen-files/us-company-database-remains-on-hold-despite-supreme-court-decision/

Supreme Mess: The Beneficial Ownership Interest Reporting Controversy Lands At The U.S. Supreme Court https://www.forbes.com/sites/jayadkisson/2025/01/15/supreme-mess-the-beneficial-owne[…]interest-reporting-controversy-lands-at-the-us-supreme-court/

The Corporate Transparency Act is Constitutional, Government and "Friend of the Court" Briefs Make Clear https://thefactcoalition.org/the-corporate-transparency-act-is-constitutional/

How overseas territories are being used to bypass UK transparency rules https://blogs.lse.ac.uk/politicsandpolicy/how-overseas-territories-are-being-used-to-bypass-uk-transparency-rules/

Owners of 53,000 properties still unknown https://www.lawgazette.co.uk/news/owners-of-53000-properties-still-unknown/5115054.article

Who paid £139 million for a Regent's Park mansion? Nobody knows. https://www.the-londoner.co.uk/the-regents-park-mansion-mystery/

How Do Judges Become Judges? Here Are Five Main Ways (US) https://www.democracydocket.com/analysis/how-judges-become-judges/

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(176)

Modernising the global tax system

Modernising the global tax system

As UN negotiations stepped up recently in New York, we hear some of the tussles between delegates trying to hold on to the 100 year old global tax system that's benefited them for so long versus deleg...

5 Loka 35min

Tackling misinformation on tax

Tackling misinformation on tax

Tax is intensely political. It's routinely misreported by media of all kinds, and often it's the subject of downright disinformation. We look at how to deal with a lack of truth telling, from the expe...

22 Heinä 37min

Wealth Tax Wave in the USA

Wealth Tax Wave in the USA

Despite the loud protests and misinformation, despite the Trump administration cutting taxes like there's no tomorrow, there's a wealth tax wave that's rising across US states...we look at the most su...

24 Kesä 34min

Impunity in Malta

Impunity in Malta

We look at a worrying law in Malta rushed through Parliament at unprecedented speed that doesn't just decriminalise tax abuse but 'connected breaches' too: "They've allowed the same culture to start b...

28 Touko 30min

Private Equity: taming the beast

Private Equity: taming the beast

Private Equity has gone under the radar for a very long time so – what is it, how's it affecting our lives? Our tax systems, and financial transparency are crucial for reining in damaging economic act...

15 Touko 31min

Taxing emissions ownership

Taxing emissions ownership

A tiny group of very wealthy people are burning through carbon like there'll be no tomorrow. Taxcast host Naomi Fowler talks to economist Tasnia Hussain about the most effective ways to tax emissions ...

3 Huhti 28min

Death in Westminster: trailer

Death in Westminster: trailer

Britain has turned its capital into a global money laundering machine. The pavements of central London are home to a soaring number of rough sleepers, yet its streets are lined with empty mansions. Wh...

11 Maalis 1min

Tax As An Investment

Tax As An Investment

"Tax is one of the smartest investments you can make." That's Professor Chris Harrop's promise to companies, and his new tax funded impact model proves it by helping quantify how paying tax is not onl...

30 Tammi 30min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
vallattomat
aikalisa
politiikan-puskaradio
rss-viihde-media
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
rss-vaalirankkurit-podcast
the-ulkopolitist
rss-voi-venaja
tervo-halme
otetaan-yhdet
rss-asiastudio
rss-kaikki-uusiksi
rss-girls-finish-f1rst
rss-podme-livebox
rss-toisten-taskuilla
rss-ulkopoditiikkaa
rss-vihrea-tuuma
rss-raha-talous-ja-politiikka