PRESS RELEASE New OECD report on automatic information exchange: will developing countries be left out? … [Read more...]
Secrecy
Links Feb 12
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...]
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...]
Why should tax havens insist on ‘reciprocity’ from poor countries?
One of the many devious ploys used by the Swiss financial centre to protect its often illicit gains is to insist on 'reciprocity' in the exchange of information. Along the lines of: "If we're going to share information with Nigeria, then they should share the same kind of information with us!" … [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...]
Flipping the corruption myth
TJN has previously challenged the prevailing discourse on corruption; and we have taken particular issue with Transparency International's Corruption Perceptions Index (CPI), which looks at corruption through a highly distorted prism. … [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...]
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...]
U.S. Republicans to adopt pro tax evasion platform?
From Citizens for Tax Justice: "At its yearly winter meeting, the Republican National Committee is expected to approve a resolution calling for the repeal of the Foreign Account Tax Compliance Act (FATCA), a major law enacted in 2010 (as part of the HIRE Act) to clamp down on offshore tax evasion. … [Read more...]
Links Jan 22
Swiss banks devise new 'cash' strategies for clients Zee News Swiss Bankers Welcome Formation Of Tax Expert Group Tax-News … [Read more...]
China Leaks: how the BVI became China’s foreign tax haven of choice
The International Consortium of Investigative Journalists has pulled another humdinger of an investigation, publishing a Who's Who in China's offshore circles. We could highlight any number of things from this excellent report, but we'll choose just two: … [Read more...]
