Malta Today - The transatlantic trade and investement partnership (TTIP) between the European Union and the United States aims to increase economic growth and job on both sides of the Atlantic. However, critics say the TTIP agreements threaten public services.
Demands for tax justice have resounded worldwide, with growing anger at the tax practices of corporations such as Google and Starbucks. Yet trade and investment agreements are already constraining the ability of governments to impose fair tax deals and with the Transatlantic Trade and Investment Partnership (TTIP) this could become worse.
Public Finance International - A new trade agreement proposed between the United States and the European Union could allow corporations to effectively sue governments who try to collect tax on their profits, campaigners have warned.
Countries around the world have reached a critical moment in the fight against climate change. Last year, hundreds of thousands of people marched in the streets demanding climate action, more than 190 countries reached a climate agreement in Paris, and renewable energy became more affordable and accessible to communities across the globe. Meanwhile, in sharp contradiction to that, countries negotiated new trade deals that would empower fossil fuel corporations to undermine the exact climate and conservation policies that are needed to tackle the climate crisis.
Sputnik - Any potential ratification of the controversial TTIP trade deal would play into the hands of large multinational corporations and threaten the ability of EU member states to crack down on tax evasion, new research has claimed.
MintPress News - 'The ability to enact effective and fair tax systems to finance vital public services is one of the defining features of sovereignty,' says Global Justice Now—one that is threatened by corporate trade deals.
Cecilia Olivet, Natacha Cingotti, Pia Eberhardt, Nelly Grotefendt, Scott Sinclair
19 April 2016
The European Commission says that its new investment proposal –the Investment Court System - will protect governments' abilities to regulate on crucial matters such as public health and environmental protection. But analysis of five of the most controversial arbitration cases in recent years shows they could still be launched under the current proposal.