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Privately Held, Non-Resident Deposits In Secrecy Jurisdictions
March 19th, 2010
Washington — A new report released today from Global Financial Integrity (GFI) on private, non-resident deposits in secrecy jurisdictions finds that the United States, United Kingdom, and the Cayman Islands are the most popular destinations for financial deposits by non-residents. Switzerland, Luxembourg, and Hong Kong also make the top 10 list of destinations. “This report
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Country-By-Country Reporting: Holding Multinational Corporations To Account Wherever They Are
June 17th, 2009
Global Task Force Releases Recommendations for New Accounting System for Multinational Corporations The Task Force on Financial Integrity and Economic Development (Task Force)* released a report today detailing a new system of accounting for multinational corporations (MNCs) designed to increase transparency and curtail tax evasion. Termed “country-by-country reporting” the new protocol would require MNCs to
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