Links May 23

US senators say more needs to be done after Credit Suisse conviction The Guardian
See also: Credit Suisse Seen Keeping U.S. Bank License Bloomberg video – talks of the penalty being “political card playing”, in that Credit Suisse are seen to be punished but they are still continuing as a bank in the USA, Credit Suisse Sells $5 Billion of Bonds After Settlement Bloomberg – “Investor demand was very strong” said Credit Suisse global head of debt capital markets, Credit Suisse: what the Swiss media are saying Financial Secrecy Media Monitor, Discredit Suisse: Still Too Big To Jail Global Witness, Credit Suisse’s Guilty Plea: The WSJ Uses the Right Adjective to Modify the Wrong Noun naked capitalism

Australia Talks Anti-BEPS Initiatives Tax-News

New Zealand: the Shell Company Incorporation Franchises (III) and New Zealand: the Shell Company Incorporation Franchises (IV) (and Latvia) naked capitalism

$138 billion offshored from Kazakhstan Tengri News

Tax Breaks Proposed For Russia-China Gas Deal Tax-News

India urges Switzerland to ratify OECD convention on tax info exchange Shanghai Daily
See also earlier blog Switzerland fights to curb scope of global transparency moves (updated)

Be Open To Tax Talks, Vodafone Urges India Tax-News

How Foreign Is Google’s Foreign Cash? Bloomberg View

Junk Economics: New Report Spotlights Numerous Problems with Anti-Tax Economic Model Citizens for Tax Justice

It is getting harder to hide money from Uncle Sam offshore The Washington Post

Austerity is a political decision: Netherlands edition Financial Secrecy Media Monitor

UK: HMRC really do not want to collect corporation tax Tax Research UK


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Launch of international research collaboration, #AltAusterity

alt austerityToday is the launch of #AltAusterity, a new, international research collaboration of which Tax Justice Network is a partner.  The project aims to stimulate public debate on the subject of austerity though high quality research. It is a response to the lack of evidence which has underpinned the current policy agenda on austerity. The project […]

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RB tax avoidance – company calls for public country by country reporting after Oxfam report reveals profit shifting

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Half measures mean Mauritius will continue to be a tax haven for the developing world

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G20: Pressure rising on tax haven USA

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