The source data has been linked to here, often, but for the record; yes, I did calculate the tax evasion figure.

UBS has put in place new procedures to check that its  customers are declaring tax on their offshore deposits. As Fox News reports: UBS AG (UBS) has begun requiring prospective clients to guarantee funds moved into Swiss accounts from other countries have been reported to tax authorities, a move designed to stem the flow of undeclared money into
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I’ve done an interview for manx.net on multilateral tax agreements. You can see it here and the second part is here. I thought it was going to be a radio interview, hence the scruffy look. That doesn’t change the content.

It’s been announced over night that, as expected, the so called G5 tax agreement – between the UK, France, Germany, Italy and Spain – is being extended to the British Overseas Territories including Cayman, Bermuda  the BVI, Gibraltar, Anguilla and the Turks & Caicos – tax havens all. The Isle of Man has already agreed. Jersey and Guernsey have already
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The FT has noted: Luxembourg is ready to share currently confidential information about multinationals’ bank accounts as part of efforts to shed the Grand Duchy’s image as a leading tax haven. Under pressure amid a renewed global crackdown on tax evasion and avoidance, Luc Frieden, finance minister, said Luxembourg was willing to expand the number
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There’s been another step forward in  progress towards revising the European Union Savings Tax Directive. As Business Week Reported at the weekend: Austria became the last of the European Union’s 27 members to give up blocking the coordination of savings taxes and talks with non-EU countries, a sign that banking secrecy within the bloc may be
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According to the FT: David Cameron on Wednesday urged European leaders to be in the vanguard of a global effort to crack down on aggressive tax avoidance and evasion, as he tries to build momentum before the G8 summit in Northern Ireland in June. As a result: Mr Cameron called on governments to “break through
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According to some survey results it is popularly believed that more than a third of all benefit claims are fraudulent. They aren’t. The best, official, estimate is:   As Unite, who prepared the graphic, say: Obviously fraud is wrong, but many people seem to think lots of people claiming benefits do so illegally. When the TUC did
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Geoff Cook at Jersey Finance is stomping his foot and hoping the world will notice. As he says in a recent comment on their web site: EU’s Tax Evasion Drive misses the point What? You mean there is no tax evasion, after all? Well, no, not quite. According to Geoff the problem is: Cash strapped government remedies to get their economies moving are
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