Tax Administration Review: Inter-American Center of Tax Administrations - July 2014 edition Tax benefits and tax evasion. Items for discussion in Colombia LatinDADD (In Spanish) What does $13m lobbying in US buy for African nations? ICIJ … [Read more...]
Secrecy
Links Aug 4
Sanctions on Russia: The Unintended Consequence The Banker's Umbrella A private banker's view. "Make no mistake, this is what private banks crave like vampires crave blood." See also Russia Considers Going Progressive... When It Comes To Tax Forbes, and Russian FM Provides Anti-Offshore Law Update … [Read more...]
The Offshore Wrapper: a week in tax justice #27
A Messi affair The ongoing tax affair with the world’s top footballer Lionel Messi rolls on. Two weeks ago the Tax Justice Network Germany reported that a Barcelona court had confirmed proceedings against Lionel Messi for tax evasion. He is accused of using a series of shell companies based in … [Read more...]
Tax haven buyers set off property alarm in London
Update: see Tax Research article entitled Tax haven ownership of UK property might cost £2 billion year in tax avoidance - using some of the FT data. The current top story on the Financial Times website (at least at 8am UK time) is entitled Tax haven buyers set off property alarm in England and … [Read more...]
Did Messi hide behind offshore structures in UK, Switzerland, Uruguay and Belize?
Last week our German colleagues reported on the investigations into Lionel Messi's complex offshore web (German version here, English here). Now Global Witness has issued the following: According to a Spanish prosecutor’s document, Lionel Messi’s alleged multi-million euro tax evasion scheme … [Read more...]
Links Jul 31
Vulture Funds: The Lawsuit Against Argentina And The Challenge They Pose To The World Economy CEFID-AR A view from Argentina. See the original version in Spanish here. Luxembourg tax regime: Under siege Financial Times (paywall) "The low-tax system that has brought great prosperity to the … [Read more...]
Links Jul 30
Go after bigwig tax cheats The Jamaica Gleaner Indian Government revamps I-T tech for overseas tax information sharing The Times of India The EU Should Beware Of Russian Interest In Balkan Banks Forbes Intriguing story involving the tactics of shell companies and "puppet" frontmen. … [Read more...]
Links Jul 29
Banks Cash In on Inversion Deals Intended to Elude Taxes Dealb%k See also: A Bipartisan Approach to Stopping Corporate Expatriations The Tax Analysts Blog, and Obama Involves Ireland In 'Unpatriotic' Inversion Claim Tax-News Spanish union plans 'tax-haven' protest in Gibraltar The … [Read more...]
Links Jul 28
The DGI of Uruguay, together with the Global Forum on Transparency and Exchange of Information and the CIAT, promote a regional sharing of experiences on Information Exchange Inter-American Center of Tax Administrations (CIAT) Uruguay news: authorities concerned about “illegal activity” in free … [Read more...]
Delaware corporate secrecy and crime: a long-awaited debate begins
A fascinating blog from Global Witness: "Last November, a former special agent for the Treasury Department, John Cassara, wrote an op-ed for the New York Times with the headline “Delaware, Den of Thieves?” Cassara described how the state of Delaware (along with Wyoming and Nevada) has become … [Read more...]
On why being tough on unproven claims is both smart and right
We always appreciate the opportunity to discuss our research work since constructive criticism allows us to improve and clarify our views. This is the case with a couple of recent blogs by Mick Moore of the International Centre for Tax and Development (ICTD) on 18 July, one entitled “Tax Justice … [Read more...]
Links Jul 18
Citizenship for investment: These tax-havens attract rich Africans Capital FM Kenya Falciani fallout: Britain recoups millions from Swiss bank list swissinfo Flagrant misconduct: UK Lord forced to apologize for signing lobbying contract with overseas tax haven RT … [Read more...]
Links Jul 17
Who Aids Whom? Exposing the True Story of Africa’s 2 Billion Losses Think Africa Press See also: Aid to Africa: donations from west mask '$60bn looting' of continent The Guardian, and recent blog Honest Accounts? The true story of Africa’s billion dollar losses Network against illicit financial … [Read more...]
Links Jul 16
Tackling Tax and Saving Lives Save the Children India: Negotiations on with other countries to sign new tax treaties Business Standard See here, for why automatic multilateral exchange of information for tax purposes is needed. The Dark Side of Growth swissinfo … [Read more...]
Links Jul 10
Swiss Banks’ Tradition of Secrecy Clashes With Quests Abroad for Disclosure The New York Times Four of the 10 richest Singaporeans are expats saving millions in taxes Quartz See also: Singapore raises maximum jail term for money laundering globalpost - Authorities now allowed to prosecute cases … [Read more...]
