July 11th, 2011
India Cannot Deal With Black Money Unilaterally Countercurrents.org, July 8, 2011 Street by street, Egypt’s activists face Old Guard in a country of bribery and patronage Associated Press, July 11, 2011 Panama joins ‘white list’ of tax regimes The Telegraph, July 10, 2011 High-stakes trial for Harry Sargeant, who faces allegations of Iraqi war profiteering,
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July 8th, 2011
John Christensen, founder of the Tax Justice Network, a Task Force member, was profiled by the Guardian on Thursday. Bibi van der Zee writes about Christensen’s decades-long experience fighting tax evasion, talking about the impacts these illicit flows have not only on the United Kingdom, but on the developing world as well: “ax avoidance is
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July 8th, 2011
ICAI to suggest ways to deal with black money
Business Standard, July 8, 2011
Mistrial in U.S. bribery sting after jury deadlock
Reuters, July 7, 2011
Vatican seeks to make new watchdog independent
AP, July 7, 2011
Holy cow, taxman! Featherweight activist battles the dodgers
The Guardian, July 7, 2011
Greek, Romanian Firms Find Tax Haven In Bulgaria
EurActive, July 7, 2011
News of the World paid bribes worth £100,000 to up to five Met officers
The Guardian, July 7, 2011
July 8th, 2011
Liechtenstein has just announced the latest sums it has collected under the terms of the European Savings Tax Directive. It was a
measly €7.8 million.
Working backwards this is 20% tax on €40 million interest. Assuming 2% interest, this is tax on interest income on € 2 billion capital (which may seriously overstate the case: German bonds paying over 3% p.a.).
Liechtenstein
banks have € 140 billion assets under management.
