BVI Considers Tough Prison Sentences For DataLeaks ICIJ Google Take Down Stuart Syvret Blogspot Rico Sorda "The Jersey oligarchs and their protectors in London think that they can do what no corrupt regime around the world had been able to do – and keep embarrassing exposures about them off the … [Read more...]
Finance Sector
Links Feb 11
Fragile States 2014: Domestic Revenue Mobilisation OECD A Solution for the Inequality Politics of Post-2015? Center for Global Development … [Read more...]
London, the Great Sucking Sound, and the Finance Curse
From Aditya Chakrabortty in the UK's Guardian newspaper: some statistics that are classics of the "Finance Curse" analysis - where an oversized financial centre begins to weigh on the rest of an economy, rather than to support it. … [Read more...]
Links Feb 7
Delayed European Parliament vote crucial for corporate transparency Eurodad See also: Time for action on financial transparency euobserver Bankers take fight over U.S. anti-tax dodge rules to appeals court Reuters … [Read more...]
Links Feb 6
Global version of FATCA could be a reality in a few years, say industry officials Thomson Reuters / Compliance Complete See also: No more delays for FATCA, says IRS STEP Greek-Swiss tax deal remains elusive Reuters Is Switzerland retreating on Rubik? … [Read more...]
Links Feb 5
Obama Tax Rhetoric on Offshore Profit Falls Shy of Action Bloomberg See also: U.S.: Has the Tax Code Been Used to Reduce Inequality During the Obama Years? Not Really. Citizens for Tax Justice … [Read more...]
TJN’s Offshore Wrapper: The week in tax justice
We are all in this together “Frankly I don’t like any taxes at all,” David Cameron told the Federation of Small Businesses last week. … [Read more...]
Links Jan 31
African leaders must seize the initiative on global tax reforms Institute of Development Studies Is the new EBRD policy a turning point for the acceptability of tax havens in development finance? Eurodad … [Read more...]
Why does food cost so much in Jersey?
Today's edition of the Jersey Evening Post leads with an article headed 'Official: Why food costs so much more in Jersey'. Food prices, according to a new study, are one third higher than in the UK. Worse, once taxes and duties are excluded, the difference rises to 50 percent. … [Read more...]
Fiat moves tax domicile to tax haven UK – but will it create jobs?
Reuters reports: "Fiat said on Wednesday it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in Britain … [Read more...]
BVI got more foreign investment in 2013 than Brazil and India combined – UN
The British Virgin Islands (BVI) are back in the news. Last week the islands featured at the centre of a huge story about corruption in China. This week's story concerns UNCTAD's latest estimates of foreign direct investment flows through companies registered in the BVI. As Reuters reports: … [Read more...]
Links Jan 28
OECD BEPS work for consultation in March Accountancy Live BEPS next major tax initiative to impact Cayman Compass Cayman … [Read more...]
Show trial of Swiss whistleblower Elmer now in 9th year
This month a Swiss court fought back against efforts by the United States to tackle criminal activity and tax its wealthy citizens properly. As Worldwide Tax Daily reports: … [Read more...]
Links Jan 27
China to step up international co-operation in fight against tax evasion South China Morning Post "Amid revelations about use of offshore havens, the mainland's tax commissioner plans greater international co-operation to pursue evaders". See also: How We Did Offshore Leaks China ICIJ … [Read more...]
Links Jan 24
"ChinaLeaks" Stories Censored In Mainland China ICIJ See also: China mobilizes cyber-cops after leak on elite overseas wealth globalpost, Chinese media speaks no evil over Offshore Leaks Deutsche Welle, Latest update: Release Of Offshore Records Draws Worldwide Response and searchable Offshore … [Read more...]
