Truls Wickholm (Ap) has sent an interpellation to the Ministry of Finance, Siv Jensen (Frp). Photo: Eline Helledal.
Truls Wickholm (Ap) has sent an interpellation about extended country-by-country reporting to the Minister of Finance. There will be a debate on the interpellation in The Norwegian Parliament the 5th of June.
PWYP Norway has sent the position paper for 2015 to EITI and the Norwegian Ministry of Petroeleum and Energy today.
PWYP Norway has sent a position paper to EITI and the Norwegian Ministry of Petroleum and Energy with a priority list to EITI.
Statoil has polluted the numbers in their first country-by-country report.
The Norwegian regulation is clear: It is the production activities that should be reported on for each country. PWYP Norway’s analysis show that Statoil in its reporting has allowed numbers from downstream operations to be mixed with the numbers from upstream operations.
• Because of downstream numbers in Statoil’s upstream country-by-country report, the report is not transparent.• Reporting only the purchase of goods and services, and not all costs, creates the illusion that profits from the extraction activities (upstream) are higher than they actually were.• Statoil’s report is so misleading that Statoil should republish with correct numbers for upstream activities.
Statoils head office in Oslo. Photo: Eline Helledal
The law of country-by-country reporting was implemented in Norway January 1st 2014. For the first time the companies reports for the account year of 2014. Statoil is the first company. This is an important result of ten years of work for transparency, and it is not yet over.
Tax administrations do not have access to the entire document trail within multinational companies todayThe Transparency Agreement can change this, on a sampling basis, so that tax administrations obtain the insight they needThe Transparency Agreement can be used by individual countries, or by groups of countries unilaterally
On of the most important incomes for the Sarayaku people is fishing. Photo: Fundación Pachamama
The oil company CGC from Argentina and the army in Ecuador, have performed seismic surveys to find oil at the land of the Sarayaku people since 2002. They are looking for oil without asking the people that owns the land. PWYP Norway´s TRACE-participant Juan G. Auz has written a blog post about the situation for the Sarayaku people in Ecuador.
Illustrasjon: David Parkins
How do multinational companies avoid tax? You can learn more about the industry of tax avoidance at Kvarteret in Bergen Wednesday 11th of February. PWYP Norway is hosting the seminar together with SAIH Bergen.
TRACE-participant Paula Vidal from Colombia asks question to Tonje Gormley during the TRACE-program in Oslo. Photo: Eline Helledal
TRACE-participant Paula Andrea Vidal has interviewed Tulio Vargas from Internacional de Servicos Publicos about the challenges around tax-systems in the extractive industry sector in Colombia. He is also a TRACE-participant and tells how he wants to use the knowledge from the program in his home country.
The polar bear disappears from Svalbard when the ice is melting. This picture is from Spitsbergen last summer. Photo: Allan Hopkins/flickr.com
Move over, polar bear, we just moved the ice limit in the Barents sea, here comes Norwegian big oil. Maybe.