Facebook tax bill highlights Osborne’s ‘diverted profits’ levy Financial Times (paywall)
Cites TJN’s research director @alexcobham: “it is simply not credible that Facebook is unprofitable in one of its more mature and active markets such as the UK. Examples like this simply serve as a reminder as to why urgent action is needed to improve tax rules and ensure that profits are declared where value is generated.” See also: Facebook’s £4327 tax bill triggers calls for more government action on corporate tax Cites TJN director John Christensen, and The real questions we should ask about Facebook and tax The Guardian, comment by @RichardJMurphy
Inequality is the great concern of our age. So why do we tolerate rapacious, unjust tax havens? The Guardian
Comment by Gabriel Zucman
Oxfam calls for a second generation of corporate tax reforms Oxfam International Blog
How MTN Uganda’s offshore stash sent URA on the hunt Observer
See also earlier blog Finance Uncovered: how Africa’s biggest cell phone firm shifts billions offshore
Nigeria: Corruption hampers tax system—TUC Daily Trust
HSBC whistleblower Falciani fails to appear at Swiss trial Reuters,
See also: Court case against HSBC whistleblower adjourned The Local, and recent Guest blog: how Switzerland corrupted its courts to nail Rudolf Elmer
More Swiss banks ink amnesty pacts with US The Straits Times
Ex-Bank Leumi Execs to Partially Return Bonuses After U.S. Tax Evasion Probe Haaretz
Tax policy must help create equality Latindadd (In Spanish)
The Jig Is Up: Combatting Tax Fraud Forbes
Headline is overstated, but interesting tax data (as commented by @alexcobham)
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