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India plans to overhaul tax system
August 13th, 2009
India’s government is planning a big shake-up of its archaic tax system in a bid to curb widespread evasion as it confronts a sharply widening fiscal deficit amid expanding social welfare programmes.
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U.S., Swiss Strike Deal on Bank Accounts
August 13th, 2009
Swiss-American Chamber of Commerce CEO Martin Naville, Global Financial Integrity Program Legislative Director Heather Lowe and Campaign for Liberty Senior Vice President Jesse Benton on the U.S. striking a deal to get the names of some holders of secret Swiss bank accounts in an effort to get more tax revenue.
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US, Swiss keep deal on secret accounts under wraps
August 12th, 2009
MIAMI — The Swiss and U.S. governments announced a deal Wednesday to settle American demands for the identities of suspected tax dodgers, despite Switzerland's vaunted bank secrecy. But they kept all details under wraps, including how many of the 52,000 names sought by the IRS from banking giant UBS AG will be revealed.
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Tech Companies Prepare to Battle Obama on Offshore Tax Deferrals
August 12th, 2009
Pat Garofalo in the Wonk Room over at ThinkProgress has a fascinating post today about the companies which are lining up to oppose President Obama's crackdown on corporate abuse of tax deferrals. From ThinkProgress:

National Journal reported today that some tech-industry giants are getting ready to “intensify their opposition” to the Obama administration’s plan to limit the use of offshore tax deferrals:

High-tech industry giants such as Hewlett-Packard, IBM, Microsoft and Oracle will intensify their opposition this fall to an Obama administration proposal aimed at limiting what critics insist...

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