Transparency International, India, issued this press release today. I think it worth reproducing in full:
Transparency International, India is concerned over the attitude of the Indian Government in seeking information from the German Government about millions of dollars of un-accounted-for money, belonging to the people of India, lying in Liechtenstein, a small country near Germany.
The Indian […]
Cayman NetNews has published another of its stunning editorials, this time in response to the Christian Aid report.
Please do read it in full: it’s well worth it. So much so I’m tempted to reproduce it in full, but I won’t, restricting myself instead to the part in which they note Cayman’s reaction to the challenge […]
The FT has reported that Rudolf Elmer, a former manager with Julius Baer, the private Swiss bank, has filed a claim with the European Court of Human Rights alleging infringement of his human rights, and those of his wife and child - who are both German - by upholding the elements of the banking law […]
I hear rumours from Switzerland.
Apparently the indictment of a UBS banker in the USA on charges relating to tax evasion through Liechtenstein has made the banking communtiy somewhat bervous. Some Swiss banks have apparently ordered travel restrictions for the USA. No more Florida sunbathing and New York Christmas shopping for Swiss bankers, I suspect.
Now why […]
At yesterday’s ECOFIN meeting the EU increased its commitment to tax cooperation to tackle tax evasion. It said:
TAX ISSUES IN AGREEMENTS WITH THIRD COUNTRIES - Council conclusions
The Council adopted the following conclusions:
“The Council:
1. CONSIDERS that recent events involving tax fraud and evasion have proven the need to tackle this throughout the world and to reinforce […]
Forbes has reported that:
A federal judge in Southern Florida today unsealed an indictment charging two foreign bankers, one a former private banker for UBS AG, with defrauding the U.S. by helping billionaire Orange County, Calf., real estate developer Igor M. Olenicoff evade U.S. taxes on $200 million hidden in Swiss and Liechtenstein bank accounts.
The charge […]
The Right are out in force, commenting on the Christian Aid report. I wrote this in reply on the Spectator blog this morning:
There’s always an excuse for greed. Ample are on display here.
There’s always an excuse not to do the right thing.
There’s always an excuse to walk on the other side.
You clearly know them all.
Christian […]
Thanhniennews.com has reported:
At the [Vietnamese] National Assembly session, the government filed a report saying 2006’s tax revenues collected from foreign-invested businesses were around VND1.97 trillion (US$122 million) less than expected. The government attributed the discrepancy to the slow growth of the automobile and tobacco markets.
But the explanation was met by harsh opposition from other deputies. […]
I have been asked this question yet again today. I have a five step plan:
1) Increase the tax threshold at which tax is paid by £1,000 for everyone. For most people this will reduce their tax liability by £200 - the value that (near enough) the 10p band gave them;
2) Reduce the standard rate band […]
This is Christian Aid week in the UK.
Christian Aid launches its annual report linked to that week today. It is called Death and Taxes.
As they say:
The lives of 1,000 young children a day are being lost to disease and poverty in poor countries because of illegal trade-related tax evasion, says a new report from Christian […]
