February 9th, 2011
So far, 2011 has not been a comfortable year for the tax dodger. One month in and WikiLeaks is preparing to publish the names of thousands of offshore account holders in Switzerland, UK based companies like Vodafone have been criticised for alleged aggressive tax avoidance, and following a high profile corruption scandal, India’s media is hungry to expose the horrors of a system which allows billions of dollars to flow out of the country every year.
Best
estimates suggest that Africa has lost US$854 billion to illicit outflows of capital in the past three decades – aided and abetted...
February 9th, 2011
Global organisations appeal to G20 to end tax haven secrecy
PTI, February 9, 2011
Huge amount of counterfeit money from Pakistan cause for Indian concern: report
PTI, February 8, 2011
Crime does pay... worth a staggering $650bn
Emirates 24/7, February 8, 2011
Graft probe seeks to appease Egyptian public
Financial Times, February 8, 2011
Underworld: The lure of a Liechtenstein bank account
Global Post, February 9, 2011
FBI Probe To Target Tunisia's Ex-Leader
Wall Street Times, February 9, 2011
IRS Offers New Amnesty For Offshore Tax Cheats
Forbes (blog), February...
February 8th, 2011
Today Global Financial Integrity released yet another enlightening report. This one, titled “Transnational Crime in the Developing World,” estimates the global illicit flow of goods, guns, people, and natural resources worldwide. The paper puts the global figure, which both flows in and out of developing countries, at $650 billion, of which drugs account for $320 billion and counterfeiting accounts for $250 billion. In a Foreword to the paper, Raymond Baker notes “netting the economic effects of criminally derived outflows and inflows is flawed reasoning because both sides of the equation produce adverse consequences for nations at...
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February 7th, 2011
The Gilt of Despots
Newsweek, February 6, 2011
India battles with illicit flow of funds
Reuters, February 7, 2011
Mubarak and the scandal of arms sales contracts to Rwanda
Ennahar (Algiers) , February 7, 2011
FTSE chiefs face fines for unlisted tax havens
This is Money, February 5, 2011
Tax: Trouble to avoid
The Financial Times, February 6, 2011
OECD wants more Swiss help in tax cheat hunt-paper
Reuters, February 6, 2011
Aberdeen Asset falls foul of tax tribunal over its £7m scheme Tax avoidance scheme falls foul of the...
