February 2nd, 2011
Divine intervention can't lift black cloud over India
The National (UAE), February 2, 2011
File cases in foreign black money case, demands Advani
IANS, February 2, 2011
Nigeria, Corruption and Mo Ibrahim
Nigerian Tribune, February 2, 2011
SEC Extends Comment Period For Payment Disclosure Rules
Wall Street Journal (Blog), February 2, 2011
Lukashenko henchman evades EU asset freeze
EU Observer, February 2, 2011
France Seizes Ben Ali Private ‘Family Jet’
The Wall Street Journal (Blog), February 1, 2011
Fleeing Cairo—Cash & Carry
CNBC, February 1, 2011
India, Norway sign...
February 1st, 2011
There are a few types of professionals who should probably not become bankers later in life. Professional skydivers. Football players. And world-class poker players. The reason for this is not because these individuals are not admirable or intelligent or honest. It has more to do with risk. As I have noted before, some professions lend themselves to individuals who are risk preferers, which means they get more utility (gratification) from each additional dollar than they did from the dollar before it. Football players tend to be risk preferers. Other risk preferers include...
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February 1st, 2011
US Fed cash-flow data called underused weapon in war on drugs (Complinet Special Report)
Reuters (Blog), January 31, 2011
Indian government pressured to stop tax evasion
Daily Telegraph, February 1, 2011
Chair of OECD Working Group on Bribery concerned over delay of new Bribery Act
OECD Press Release, February 1, 2011
Egyptians Rally Against Mubarak as Turmoil Spreads
Bloomberg, February 1, 2011
Kabul Bank employees flee to Pakistan amid investigation into lending, officials say
The Washington Post, February 1, 2011
Big four auditors 'embedded in tax haven world'
Financial Mail, January 30,...
January 31st, 2011
H M Revenue & Customs has, as many will be aware,
announced a new penalty regime for offshore disclosures.
As they say:
These new penalties come into force from 6 April 2011 and apply to Income Tax and Capital Gains Tax.
The legislation can be found in Schedule 10 of Finance Act 2010.
The new penalty is an enhancement of the penalties for
