February 24th, 2010
Niraj Choksi of The Atlantic Online
posted a very well-reasoned argument about how Greece's tax evasion troubles are severely impeding their ability to respond to fiscal crisis. Some clips:
Tax dodging in Greece is so rampant that the Bank of Greece estimates the country could be losing as much as five billion euros a year. While that's a far cry from the €54 billion needed for 2010, it could result in much harsher cuts as the country tries to get out from under its crushing debts.
That lost tax money would have nullified the need for...
February 24th, 2010
The Huffington Post posted today
a 12-step plan to cut the US deficit by 1 trillion dollars by 2015. It is a definitely must read. Some clips:
Implement the President’s and Congress’s International Tax Reforms
The president should eliminate tax breaks for companies that keep profits overseas, and Congress should tax corporations that are managed and operated in the U.S. as U.S. companies and drastically increase reporting of offshore income. Savings by 2015: $557.9 billion
Implement Surtax on Corporate Book-Tax Gap
Place a small tax on the dollar amount that is the gap between what a corporation reports...
February 24th, 2010
Italian Billionaire, 55 Others Sought in Sweeping Fraud Probe
The Wall Street Journal, February 24, 2010
Insurance companies lead the way out of tax havens with Ireland proving a popular choice for incorporation
Investment International, February 24, 2010
Swiss suggest fix to UBS tax headache in U.S.
Reuters, February 24, 2010
Swiss Govt: Costs For IRS Settlement Talks To Be Passed To UBS
Dow Jones Newswire, February 24, 2010
Two Caribbean nations being eyed by financial taskforce
Caribbean360, Februrary 24, 2010
AstraZeneca agrees to pay £505m to settle UK tax dispute
The Guardian, February 23, 2010
U.S. will use banks to thwart Iran nukes
The...
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February 23rd, 2010
EUROPE: Tax Evasion Rampant Despite Treaties With Tax Havens
IPS, February 23, 2010
Italy, Greek Tax Amnesties Offer Easy 'Penitence,' Prodi Says
Bloomberg News, February 22, 2010
French tax haven black list angers countries trying to comply with international rules
Investment International, February 23, 2010
A Vision of Iceland as a Haven for Journalists
The New York Times, February 21, 2010
Liberia Nears HIPC Completion Point
The Liberian Observer, February 23, 2010
UPDATE: Ecuador To Propose Latam Group To Fight Money Laundering
Dow Jones Newswire, February 22, 2010
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