September 12th, 2011
PARIS – Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
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September 9th, 2011
George Osborne says that 'those who evade taxes, like benefit cheats, are leeches on society'. However, he has agreed a deal that rewards those who avoid paying taxes in the UK by hiding their money in Switzerland.
George Osborne
says: 'my message to those who try to hide their incomes from the Revenue in offshore bank accounts and false declarations is simple: we will find you and your money.'
A senior official at the Indian Central Board of Direct Taxes
says: '
money laundering or illegal commission are a criminal offence. So, our effort will be to not...
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August 26th, 2011
The UK has initialed an agreement with Switzerland which we recently wrote up on the Task Force blog. In short, UK tax evaders using banks in Switzerland will have to start paying some tax - but the UK will allow those (criminal) tax evaders to avoid penalties and retain their anonymity. The UK will have to trust that Switzerland will keep its part of the bargain, even though it will be impossible to conduct any comprehensive checks. There are reasonable fears that this model may spread widely to other countries.
We at TJN think this is a thoroughly rotten and...
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August 25th, 2011
LONDON - The new tax deal between the UK and Switzerland amounts to collusion with criminality and will seriously damage poor countries’ attempts to collect the billions they lose to tax dodgers, Christian Aid is warning.
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