Developing nations need more than words from G20 tax reform The Conversation
See also: G20 to press for ‘rapid timeline’ for exchange of tax information The Economic Times
New Zealand Prime Minister John Key, the Whale Oil Blog, and International Organized Crime naked capitalism
Story includes a web of offshore connections.
Glencore report: European Investment Bank must drag its secrets into the light The Guardian
“Reasons given by the bank for refusing to publish findings of an investigation into alleged tax evasion remain unconvincing”
Human Rights & Tax: Book review by David Quentin of ‘International Covenant on Economic, Social and Cultural Rights’ L4BB
UK oil, gas and mining companies face new anti-graft rules Financial Times (paywall)
OCCRP Presents: The Russian Laundromat
South Korea: New tax chief vows to root out evasion The Korea Herald
Bank of America Grabs $12 Billion Tax Write-Off From $17 Billion Mortgage Settlement Forbes
See also: Bank of America settlement loophole creates at least $4 billion burden for taxpayers U.S. PIRG
Microsoft Admits Keeping $92 Billion Offshore to Avoid Paying $29 Billion in U.S. Taxes International Business Times
UK to clamp down on non-disclosure jurisdictions funds europe
“Investors with undisclosed overseas assets cannot afford to stick their head in the sand.
Keeping the accountants accountable Accountancy Age
Why is the tax profession so intent on making excuses for abuse? Tax Research UK
End Delaware’s contribution to poverty Delaware Online
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