These are my links for August 26th:
Swiss shelve money laundering probe into Bhutto, widower - Yahoo! News - Surely no political motive is in play here, is it?
FT.com / Comment & analysis / Editorial comment - The Fed and the credit crunch - The FT calls for nationalisation.
FT.com / Companies / Financial services - Challenger [...]
Polly Toynbee has an article with the above title in today’s Guardian.
She rebuts the claim that George Osborne made last week that it is the Tories who will take forward the fairness agenda:
[I]f “aspirations” for fairness are not backed by hard cash then no amount of good intentions will prevent the disaster that saw child [...]
It’s curious to note in the light of recent discussion here that Jersey is planning, according to TaxNews.com, to change its newly introduced goods and services tax (or VAT by any other name) so that food will be subject to tax at 0% in the future.
As the Jersey Evening Post has said:
The Council of Ministers [...]
These are my links for August 25th:
Tax Justice Network: Stiglitz calls for tax havens to be closed down - Stiglitz calls for coordinated worldwide action against tax havens because single actions against jurisdictions such as Liechtenstein or Monaco may simply make money move to other havens.
Tax Justice Network: Fireworks at Jackson Hole - The Fed [...]
Bloomberg has reported that:
Switzerland asked the U.S. not to pressure UBS for client data located in the Alpine country as investigators look into whether the world’s largest wealth manager helped American clients evade taxes.
Swiss State Secretary Michael Ambuehl, who met last month with U.S. officials including Undersecretary of State William Burns and Treasury Undersecretary Stuart [...]
I usually ignore right wing blogs, at least when commenting here, for one good reason; they seem so irrelevant given their somewhat loose grasp of reality . Sometimes though something really grab my attention, usually because it is so offensive. This blog from the Sovereign Society is a case in point. When describing how to [...]
These are my links for August 24th:
Hoges took tax advice from a 'big four' firm - National - smh.com.au - E & Y in the firing line: but whoever thought they'd be far away?
The FT has reported:
Merrill Lynch, Goldman Sachs and Deutsche Bank on Thursday agreed to buy back up to $14.5bn of auction-rate securities and pay $162m in fines to resolve investigations into whether they misled people who bought the debt instruments.
The biggest fine will be paid by Merrill, which sold $12bn of auction-rate securities to retail [...]
These are my links for August 21st:
Kerry Katona declared bankrupt over tax bill - Times Online - Bankruptcy is a personal tragedy. But it's also incredibly important that HMRC make clear that no one can get away with not paying up. That's tax evasion by any other name.
20080821_web.pdf (application/pdf Object) - TJN's John Christensen in [...]
It’s not often I reproduce a KPMG press release, but this one is worth noting:
Taxing authorities seeking to enforce transfer pricing regulations are considering a broader range of company transactions that can result in more detailed investigations, according to a new publication from KPMG International.
Among the “red flags” now seen by tax authorities worldwide as [...]