The Public Accounts Committee hearing with the Big 4 accountants took place this morning. If I’m honest I do not think a killer blow was delivered: I’d
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Money an Island
The Apopalyptics take on tax-dodging multi-national corporations Lyrics: Money on an island © O.McEldowney/D.Cole 2012 You can keep your money on an island You can
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Tax avoidance happens – but the deniers are getting out in force
The fight back against the suggestion that companies are tax avoiding is well under way. John Gapper is arguing in the FT today that companes
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Hartnett’s back – at HSBC
Sky has just reported: HSBC is to recruit a line-up of heavyweight figures including Britain’s former top taxman to oversee a new effort to combat
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Jersey agrees that a new European Union Savings Tax Directive is inevitable – and it will have to comply
I’ve already noted this morning that Jersey has conceded that the UK has all the power in its relationship with the USA over FATCA. It
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The UK can block Jersey’s FATCA deal if it wishes, and there’s nothing Jersey can do about it
Last November I helped expose the fact that the UK was demanding that the Crown Dependencies grant it full automatic information exchange as a condition of agreeing
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Nearly one third of all US foreign profits are in Bermuda, the Netherlands and Ireland
It’s worth recalling in the light of my last post what the White House had to say about offshoring of profits in 2009. In that
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Transfer pricing into major tax havens is increasing in US multinationals
Reuters has reported this morning that: U.S.-based global companies are increasingly shifting profits into tax havens like Bermuda and Switzerland, a US government report said,
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Dell takes its profits on a world tour
David Cay Johnston has written a long report on TaxAnalysts.com on Dell. I won’t reiterate it here: the whole story is available on line. I
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