February 27th, 2012
Switzerland’s so-called “Rubik” tax deals with Germany and the United Kingdom are effectively defunct, following robust challenges from the European Commission recently which require the deals to be watered down so drastically that they will be functionally almost useless.
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February 24th, 2012
CNBC aired it's new documentary, "Filthy Rich", for the first time last night. The documentary was the product of a year long investigation, and featured Task Force Coordinating Committee members Global Witness and Transparency International, as well as Allied Organization Equatorial Guinea Justice.
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February 24th, 2012
Switzerland's new clean money strategy is little more than smoke and mirrors.
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February 23rd, 2012
In The President’s Framework for Business Tax Reform, which the White House released earlier this week, President Obama advocates lowering the U.S. corporate tax rate to 28 percent. This move is not surprising. Last month, President Obama brought up a basic minimum corporate tax in his State of the Union address.
But the tax cut is not alone. Alongside this cut, Obama advocates cutting corporate tax loopholes. This element is not to be overlooked. There are far too many corporate tax loopholes—which are deductions, credits, and other tax expenditures that benefit certain activities—and they often result in very different marginal...
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