Links Nov 3

Domestic Resource Mobilisation and Illicit Financial Flows Global Alliance for Tax Justice

Hong Kong money laundering and terrorism financing reports hit record high South China Morning Post

Ukrainians shocked as politicians declare vast wealth Reuters

In 44 years, India lost at least Rs 17 trillion to tax havens Hindustan Times

UBS Said to Be Among Banks Weighing Argentina Wealth Management Bloomberg

Germany drafts law aimed at shell company tax cheats The Local

French prosecutor calls for HSBC to stand trial for alleged tax fraud The Guardian

Is a EU major corporate-tax reform possible? Share Radio

UK tax havens demand say in Brexit negotiations The Independent

UK’s Serious Fraud Office given extra funds to investigate Unaoil bribery claims The Guardian

Trump faces new tax avoidance claims Financial Times (subscription)
‘Presidential candidate’s lawyers advised that manoeuvre ‘could be declared improper.’ See also: our earlier blog Risk mining: what tax avoidance is, and exactly why it’s anti-social  

NY Times:  Trump’s Tax Dodge Stretched Law ‘Beyond Recognition’ TaxProf Blog

Urgent call to Congress: Ask the government to know who it does business with to protect us all Global Witness

Monaco’s most expensive houses are being bought by Russians – Density of wealthy populace increasing in the principality Property Report
‘Buyers from China, the Middle East, and Russia are reportedly springing for Monaco properties priced above EUR10 million‘

Targeted tax breaks cost billions of euro in lost revenue and undermine efforts to reduce economic inequality TASC

UK: Don’t be confused by reports that tax abuse by the wealthy is being investigated: the tax gap is flourishing Tax Research UK