Capital controls are in the news. They are something I called for in Chapter 18 of The Courageous State when discussing the need to tackle tax haven abuse. I wrote there:
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Cyprus and the reality of capital controls
As the FT notes in an email this morning: Cyprus is to become the first eurozone country ever to apply capital controls — with limits
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Why haven’t The Cabinet Office and Treasury taken legal advice on the new tax procurement laws?
As many will know the Treasury has proposed that a companies track record with regard to tax should be considered when assessing suitability for the ward
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On the Easter reading theme: Over here and under taxed
I’ve been suggesting Easter reading; here’s my latest suggestion: That, of course, is my ebook that focuses on the story of Google, Amazon and Starbucks
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58 NGOs say ‘No more shifty business’
Fifty eight NGOs and campaigning organisations, of which the Tax Justice Network is one, have issued a joint statement on the OECD’s Base Erosion and Profit Shifting project today. The report
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A campaign win: Northern Ireland is not going to be a tax haven, yet
For the last 30 months or so I have been arguing against a cut in the corporation tax rate in Northern Ireland to match that in the Irish Republic.
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When a bank has to be ordered to adequately fund its anti-money laundering programmes what does it say about priorities?
I thought this was telling in the FT this morning: The US Federal Reserve has ordered Citigroup to improve its compliance with anti-money laundering rules, citing deficiencies
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Being a tax haven will have been a disaster for the people of Cyprus
The finance sector was Cyprus’ number one income earner. But it was not its number one employer, by a long way. Bill Mitchell found the employment
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Cyprus was the number 1 investor in Russia, which was absurd
As I’ve mentioned, I’ve been looking for data on Cyprus. I’ve just noted data on the over-exposure of its banking system from Bill Mitchell who used ECB data.
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