EITI week in Dakar: Stepping up commitments at the Africa Beneficial Ownership Conference
See also: Twenty-four EITI African countries deepen their commitments to practical steps on beneficial ownership disclosure
World’s biggest oil traders paid middlemen accused in Brazil’s ‘Car Wash’ mega-scandal Global Witness
Book launch: Taxing Africa – Coercion, Reform and Development (Video) Norsk utenrikspolitisk institutt NUPI
Jersey’s guidance on the EU’s economic substance test spectacularly misses the point Tax Research UK
Hedge fund manager who made billions betting against US housing says he may move to Puerto Rico to avoid all legal taxes Daily Mail
‘Paulson said: “It’s the only place a U.S. Citizen can go and literally avoid, legally, all their taxes”’
EU urges Malta, Luxembourg to fully comply with anti-money laundering rules Reuters
See also: EU tells Malta to step up crackdown on money laundering by banks Bloomberg, and Luxembourg reprimanded over slow transposing of money laundering laws EURACTIV
The woman who uncovered 1MDB says it’s changed far more than Malaysia Quartz
‘Aside from individuals like Najib and Jho Low—the at-large Malaysian financier who allegedly siphoned billions from the fund to, among other things, party with celebrities—another big player was the global financial system that facilitated the alleged theft.’
Leissner cites Goldman’s culture in concealing Malaysia state investment fund 1MDB scheme The Edge
“I conspired with other employees and agents of Goldman Sachs very much in line of its culture of Goldman Sachs to conceal facts from certain compliance and legal employees of Goldman Sachs”
Malaysia Seeking ‘Full Refund’ From Goldman for 1MDB Deals Bloomberg
‘Goldman earned nearly $600 million from 1MDB bond deals’
Government prepared to fire Danske Bank over money laundering scandal: minister The Local Denmark
EU’s Vestager examines Facebook for potential tax probe Politico
See also: Facebook’s Irish tax regime now in EU Competition Commissioner Margrethe Vestager’s sights Irish Independent
Without a fair tax on tech, it could be the end of the state as we know it The Guardian
EU warns Italy, Isle of Man over yachts, private jets tax breaks Reuters
UK launches inquiry into taxation of trusts International Adviser
Photo credit: Stacked Newspapers by Binuri Ranasinghe available from Flickr under the creative commons license
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