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New Report Criticizes the Millennium Development Goals, Recognizes Importance of Tax Evasion
August 11th, 2009
A new report released by the Leprosy Mission Ireland which criticizes the Millenium Development Goals as favoring rich countries also recognizes the importance of shutting down tax havens as a development imperative. From the Irish Times:

MANY OF the policies adopted by the UN to end global poverty are “unrealistic and unattainable” because they advance the interests of the rich at the expense of the poor, according to a report by Leprosy Mission Ireland.

It analyses the “failures” of the millennium development goals, criticises the way target goals were selected...

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Chile Moves Away from Banking Secrecy
August 7th, 2009
Richard Murphy points out that Chile's government is moving towards giving up banking secrecy. From the Wall Street Journal today:

Chile's lower house has approved a bill that would allow the national tax service to access Chileans' bank-account information and share it with other countries' tax authorities.

Late Wednesday, the house passed the bill, 72-16 with 17 abstentions, which will be sent to the Senate.

This is great news!
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GFI Recommends Continued Push for Information Sharing as UBS Case Winds Down
August 7th, 2009
Global Financial Integrity has come out with recommendations today for the US government on how to proceed as the UBS case begins to come to a close. From GFI:

U.S.-Swiss Tax Treaty: In June an amendment to the U.S.-Swiss tax treaty was agreed to but not yet ratified. Statements from U.S. and Swiss parties to the negotiations indicate that information exchange would still rely on exchange upon request and would require the U.S. to provide names of suspected tax evaders to obtain information on their undisclosed accounts. The U.S should push for...

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