Links Apr 24

India to provide info on US tax evaders Business Standard
“However, US refuses to share data on foreign assets of Indian entities”

Puerto Rico woos rich with hefty tax breaks Market Watch

Swiss tax authority contacts US clients swissinfo

US Seizes $458m In Corrupt Funds – But What Now? ICIJ

New Zealand: New US bank law raises privacy fears Radio New Zealand

India: Finmin officials to visit Cyprus to negotiate tax agreement Live Mint

Botswana big shots stash P50 billion in secret offshore accounts Sunday Standard

Financing the future: Why domestic revenue mobilization belongs on the post-2015 agenda devex

Africa’s Illicit Flow Problem in Three Charts Financial Transparency Coalition Blog

What Fuels Corruption In The Developing World? Forbes

How to Wield the Capital Weapon The American Interest
Charles Davidson interviews Hermitage Capital co-founder and CEO William Browder about the ongoing impact of the Magnitsky Act, which he championed, amid the Ukraine crisis and the intensifying worldwide fight against financial corruption.

Is the UK Ending Corporate Secrecy? More Spin Than Substance The Huffington Post
Prem Sikka comments. See also earlier blog On Britain’s new honesty box for corporate fraudsters.

Why only unitary taxation can curb tax competition TJN Germany Blog

KPMG in Holland again under investigation, this time for tax fraud Dutch News

“Judicial question time” in Hong Kong with offshore judges from Bermuda, Cayman and BVI Financial Secrecy Media Monitor

Banks Fall Short in Money Laundering Staff Expertise The Wall Street Journal

Austerity in Greece caused more than 500 male suicides, say researchers The Guardian

A more equal society will not hinder growth Financial Times (paywall)
“Inequality damages the economy and efforts to remedy it are, on the whole, not harmful”

BVI rejects liquidators’ clawback of Madoff redemption payments STEP

Brazil: Bitcoins liable to capital gains tax STEP

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