Hong Kong: In battle against tax evasion, our reputation must come before politics South China Morning Post Editorial with very interesting viewpoint. Thomas Piketty recommends progressive taxation for South Korea The Hankyoreh South Koreans, firms invest nearly US$23 bln in tax havens … [Read more...]
Archives for 2014
Exposed: Illegal Gold, Trade Mis-Invoicing And Tax Fraud In South Africa
A guest blog by Naomi Fowler, via the Financial Transparency Coalition: A powerful 20 minute film just out from Carte Blanche, a major South African investigative news programme lifts the lid on the country’s illegal mining sector. The film takes us on a journey where “poor, desperate people” … [Read more...]
Tweet of the day – on the BBC and tax havens
Apple’s tax shenanigans finally come under serious fire from the EU
Update: Sept 30 - the original FT story yesterday seems borne out by events - see the original EC document here. Update, Sept 30: UK announces plans to crack down on tax abuses by technology companies. From the Financial Times: "Apple will be accused of prospering from illegal tax deals with … [Read more...]
Argentina tax bureau gets Swiss data, while others skulk in shadows
This is a sight for sore eyes. Argentina, a country that has suffered more than most under the scourge of predatory Swiss banking practices (not to mention the banking practices of the UK, United States and others), is making a very public stand. The head of Argentina's tax bureau, Ricardo … [Read more...]
Third of Australia’s big corporations pay less than 10% tax – report
The Price We Pay “near miraculous”
Harold Crooks' documentary film about tax avoidance has been selected as one of the six best documentaries submitted this year to the Toronto International Film Festival. In his review, critic Jason Gorber cites the balanced arguments, the … [Read more...]
Links Sep 25
Mauritius, India in talks to address tax treaty concerns: FSC The Economic Times Mauritius is apparently aiming to dispel 'misperceptions' that it is a tax haven. Corporations may be people — but they can be used to hide criminals too The Washington Post Australian Taxation Office amnesty … [Read more...]
Global Witness: anonymous companies and the threat to the U.S.
From Global Witness, a major new report entitled The Great Rip Off: Anonymous company owners and the threat to American interests. We encourage you to share this one widely, and to read the report, which outlines a litany of evils that are perpetrated through anonymous U.S. companies. … [Read more...]
Quote of the day – Germany and ‘competitiveness’
The quote of the day, from an article entitled Germany's Economic Mirage. It's by Philippe Legrain, former adviser to the European Commission President: "Policymakers should focus on boosting productivity, not “competitiveness,” with workers being paid their due." … [Read more...]
Inequality is a choice: U.S. inequality in two shocking graphics.
From the financial blog Naked Capitalism, a post entitled “The Most Remarkable Chart I’ve Seen in Some Time”: Rich Gain More Ground in Every US Expansion. The headline is deserved: take a look at these two humdingers. First: … [Read more...]
Links Sep 24
A Good Deal Better: Uganda's Secret Oil Contracts Explained Global Witness Taxation and Organized State Criminality - the Case of Zambia Pambazuka News See also: Friendly judge rescues M’membe from ZRA over K26.8 m tax evasion Zambian Watchdog Brazil, U.S. sign tax pact frozen by spy scandal … [Read more...]
Quote 2 of the day: shareholders, tax avoidance and refined sugar
A second quote of the day, this time from the Financial Times' Lombard column, a musing on the current U.S. focused news about corporate inversions: "Transactions sold on tax advantages should be sources of shareholder unease too. Governments can readily change their minds about corporate tax … [Read more...]
Quote of the day: tax and the rule of law
From Cassandra Does Tokyo, a blogger we've not come across, via FT Alphaville: "Why is it so seemingly difficult for the uber-beneficiaries of the rule of law to reconcile their (mostly fiscal) responsibilities to the entente with The People which is the very fount that allows them, and … [Read more...]
Tax + transparency fact-finding mission: report from Asian, African, Latin American experts
This newly published report is the outcome of a Tax and Transparency Fact-finding Mission carried out by a delegation of independent experts from Asia, Africa and Latin America in October and November 2013, based on visits to Switzerland, France, Norway, United Nations, The OECD, and the European … [Read more...]
