Links Mar 19

US Virgin Islands Lures Businesses With Tax Breaks International Business Times
“These generous tax breaks don’t render the Virgin Islands a corporate or offshore tax haven, like such well-known rivals as Bermuda or the Cayman Islands … That’s because the Virgin Islands’ tax benefits are legally sanctioned by the U.S. government, unlike regimes at overseas havens under pressure from a global regulatory crackdown.”

86 multinationals on ATO ‘high risk’ tax hitlist The Sydney Morning Herald

Mining tax: it’s time for all Australians to realise they are being ripped off The Guardian

Africa urged to build fair taxation systems to curb wealth inequality Coastweek / Xinhua

Insight: Swedes tire of tax cuts as welfare state shows strains Reuters

India: Supreme Court dismisses Nokia’s appeal in asset transfer case The Economic Times

Tech firms would pay $89B in taxes if offshore gov’t debt came home ars technica

Hollande ex-minister ‘hid £2 million in Isle of Man’ The Telegraph
“New reports alleging Jerome Cahuzac held another foreign account further embarrasses the French premier and prompt investigation in Britain”

German Minister Seeks Tougher Rules for Tax Cheats abc news

Hoeness case part of ‘painful’ change for bankers swissinfo

Switzerland Passes Anti-Tax Evasion Bill Tax-News

Big banks need point person for money-laundering lapses: regulator Reuters

Greece sends tax inspectors to anger management seminars The Guardian

New York’s Unique Approach To Tax Enforcement Working Tax-News

More evil than genius? How iPad and Google Glass makers are secretly scamming America Salon
“We already knew Google and Facebook were resourceful. But their new scheme to rip off the U.S. Treasury is chilling”

Multinationals Pay Higher Tax Rates Abroad than in U.S. Accounting Today

The winners and losers of Portugal’s golden visa scheme BBC
Another tale of the race-to-the-bottom trend of residency shopping


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Financial secrecy in football: time for action

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