In 2012, American heiress Tanya Dick-Stock and her husband discovered an enormous trove of documents while clearing out space ahead of their lavish wedding.
In a locked, indoor squash court of the bride’s palatial, 58-acre manor house on the island of Jersey, off the coast of France, they stumbled upon hundreds of bank boxes haphazardly stuffed with more than 350,000 confidential papers from her father’s offshore trust business.
“We walked in and were like, ‘What is this?’” says Dick-Stock. “The files had been there for years and no one had ever touched them. We had no idea what we were sitting on.”
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The Organisation for Economic Cooperation and Development has failed to deliver meaningful change when it comes to the battle to combat aggressive global tax evasion by multinationals. A new report from the Global Alliance for Tax Justice shows that if anything, countries are competing to becom.
The nomination is shared with the International Consortium of Investigative Journalists (ICIJ).
The nomination letter said: “The outstanding work of the ICIJ to expose illicit flows and the mammoth achievement of the GATJ to build national and international pressure for accountability and fair taxation warrants attention, recognition and support.”
GATJ was spun off from the Tax Justice Network (TJN) in 2013 to be the umbrella body for mass-mobilisation organisations working on tax justice around the world.
TJN chief executive Alex Cobham said: “This is a fantastic recognition for the work of the tax justice movement.
“The global pandemic has exposed glaring inequalities and shortfalls in revenues to fund both public health systems and economic protection.