On the 4th of December “The Spider’s Web – An investigation into the world of Britain’s secrecy jurisdictions and the City of London” will be screened at CREA Amsterdam.
States lose 600 billion dollars in taxes through corporate tax avoidance practices spanning several countries. Some of these countries, such as the United Kingdom or the Netherlands play a key role facilitating tax avoidance, as recent studies by researchers at the University of Amsterdam showed.
The Spider’s Web is a documentary film that shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, the City of London created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures. Today, up to half of global offshore wealth is estimated to be hidden in British offshore jurisdictions and Britain and its offshore jurisdictions are the largest global players in the world of international finance. How did this come about, and what impact does it have on the world today? This is what the Spider’s Web sets out to investigate.
After the film, the public will get the opportunity to address questions directly to the filmmakers in London and an expert panel. Subsequently, we will discuss the role of the Netherlands in offshore finance, and the advantages and drawbacks for Dutch and European citizens.
Rodrigo Fernandez, expert on tax avoidance from SOMO
Ewald Engelen, prof. of Financial Geography at the UvA
John Christensen, director of the Tax Justice Network
Moderation: Eelke Heemskerk, program director of the CORPNET research team
Nieuwe Achtergracht 170, 1018WV Amsterdam
Monday December 4th 20:00- 23.59
Free entrance for students, others € 5,-
Please register for this event: https://goo.gl/forms/gO442t7qbtBMB1XI3
Director: Michael Oswald