Yesterday's US Senate Homeland Security Committee hearing on the Incorporation Transparency and Law Enforcement Act, which featured Tax Justice Network-USA Chairman and Global Financial Integrity Advisor Jack Blum, is now available online on the Senate.gov website. Check it out below:
Full resources from the hearing can be downloaded from the Senate website here...
Video clips are now available on GFI's YouTube channel for every speaker at the July 24 Capitol Hill briefing on tax evasion and incorporation transparency that was organized by Task Force members Global Financial Integrity and Tax Justice Network along with Task Force friend, Citizens for Tax Justice. Check them out below:
Congressman Lloyd Doggett (D-TX) made a surprise appearance at the briefing and spoke for a few minutes:
The Washington Post published a fantastic article today which finally addresses the fact that TIEA agreements, as stipulated by the OECD standards, do very little to crackdown on tax evasion. From the Post:
In an interview this week, a top Swiss official cited the recently negotiated treaty amendment as evidence that Switzerland is moving toward greater openness. Doris Leuthard, Switzerland's vice president and economic minister, emphasized that in the future the treaty amendment now awaiting ratification would give the United States access to information in cases of tax evasion, which are not covered by...
Washington Post - A new treaty touted as helping U.S. law enforcement crack Swiss bank secrecy may do little to help authorities achieve a prime objective: exposing tax evaders.