Links Jun 3

The BEPS Monitoring Group: Submission on Hybrid Mismatch Arrangements

Mauritius agrees to treaty revision with India STEP
See also: India and Mauritius to Begin Automatic Exchange of Tax-Related Information India Briefing

Switzerland gives account holder data to India swissinfo

French Criminal Tax Probe Of UBS—Talk About Déjà Vu Forbes
See also: UBS Belgium facing allegations of aiding tax evasion M Belgique (In French)

Swiss banks risk bigger than expected fines in U.S. tax case Reuters

Uganda Revenue Authority given sh9.8 trillion target for 2014/15 financial year New Vision
Reporting on regional meeting organized by SEATINI Uganda and Actionaid on enhancing domestic resource mobilisation.

Is mining giant Vedanta dodging taxes in Zambia? ActionAid

Why US companies can earn $51 billion in the Cayman Islands even though its GDP is only $3 billion Quartz

Dutch Tax Quandary: Caution Stalls Banks’ $12 Billion Hybrid Debt Plan Bloomberg
On Dutch hybrid taxes: “The Dutch government is suspicious about whether additional tier 1 securities should be treated as equity for bank regulatory capital purposes but debt for tax purposes. And why shouldn’t they be suspicious? Really it’s weird that everyone else is so cool with it.”

She fought Wall Street, and now she’s off to jail MarketWatch
“Unlike CEOs, this ‘Occupy’ protestor couldn’t avoid prosecution:

Obama May Face French Backlash Over BNP Prosecution In Meeting This Week ValueWalk

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The Offshore Wrapper: the Panama Papers, one year on

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