June 2nd, 2009
As Richard Murphy pointed out in his
blog today, the Financial Times wrote an article today about
Christian Aid's efforts on the issue of country by country reporting. From the
Financial Times:
Supporters of Christian Aid are sending postcards and e-mails to the heads of the accounting firms demanding changes to international rules. The campaign is designed to tackle what it views as tax abuses that drain developing countries of revenue.
Dave Hartnett, permanent secretary at the Revenue, told a press conference in Paris last week that it was βan idea that is...
Continue Reading
June 1st, 2009
The NY Times took a look at Delaware's status as a potential tax haven this weekend. From the
Saturday issue:
North Orange, a ho-hum thoroughfare in Wilmington, Del., is, on paper, home to more than 6,500 companies. Many of them are empty shells. They make nothing and sometimes employ just a lone clerk. But all are there for the same reason: to help corporations avoid paying taxes in other states.
The Obama administration has riled corporate America by cracking down on secretive offshore tax havens. But now a big onshore refuge β Delaware β is...
Continue Reading