January 27th, 2010
It's been widely reported today that the UK plans to crackdown on tax evaders in an effort to assist developing countries. Indeed, the Wall Street Journal
reported this morning:
LONDON--The U.K. government will on Wednesday set out proposals to broaden the crackdown on tax evasion to benefit developing countries, setting a year-end deadline for a U.K.-led multilateral tax-information-sharing accord with emerging nations.
In an interview, Stephen Timms, the financial secretary to the Treasury, said that in a speech to the Organization for Economic Cooperation and Development on Wednesday, he will urge...
January 20th, 2010
FBI Sting Operation Nabs 22 Arms Industry Executives In Bribery Probe
AHN, January 20, 2010
In Europe, Steps to Cracking down on Tax Evasion
New York Times, January 19, 2010
UK committed to ending offshore tax evasion for good, minister confirms
Investment International, January 19, 2010
Tax haven risks corruption, OECD warns Ghana
The Guardian, January 19, 2010
UN Afghan graft report corrupt
News 24, January 20, 2010
January 20th, 2010
Prem Sikka, professor of accounting at the University of Essex, has an
article published on the Guardian's website today which explains how British lawmakers are enabling terrorism by prioritizing laissez-faire over public safety. From the
article:
US security officials claim that the growing presence of terrorist networks operated by al-Qaida and others in the UK poses a major security threat. The UK fights wars in Iraq and Afghanistan, but its domestic laws can enable Osama bin Laden, al-Qaida and others to own and operate companies and move resources.
For less...
January 20th, 2010
The Guardian just published a fantastic
article citing concerns from the OECD about Ghana's growing popularity as an offshore financial center. The OECD now openly warns that Ghana's potential status as a tax haven could facilitate corruption. From the
article:
Ghana has had a stern warning from the Organisation for Economic Co-operation and Development to ensure that its emergence as a tax haven does not fuel corruption and crime in west Africa.
Ghana is becoming an offshore financial centre but Jeffrey Owens, head of the OECD's Tax Centre, said:...
