Links Jun 17

Editorial – Corporations and their tax shell games: Time for a global crackdown Los Angeles Times

Israel to tax Google and Facebook on profits i24

A lower rate of corporation tax – that’s what Japanese companies will get for not paying it The Independent

Dutch media report: How the Netherlands became a tax haven Financial Secrecy Media Monitor
See also: The Netherlands: biggest tax haven for Fortune 500 companies I Am Expat, and recent blog Euro Commission probes corporate tax arrangements of Apple, Starbucks and Fiat

Medtronic Is Biggest Yet to Renounce U.S. Tax Citizenship Bloomberg
For more background see Dec 2011 piece by Jesse Drucker for Bloomberg Puerto Rico Tax Break Shifts to Cayman Islands

‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise Bloomberg

Freeports: the latest Swiss tax havens Mediapart (In French)

New Zealand: The Shell Company Incorporation Franchises: Round-Up naked capitalism

Lebanon news: banking sector “can’t handle” additional legislation against secrecy Financial Secrecy Media Monitor

WSJ: Jury Imposes $2.2m Penalty on $1.5m Account in Tax Case TaxProf Blog

Wealthy Clintons Use Trusts to Limit Estate Tax They BackBloomberg

City lawyers demand the right to veto tax laws in a direct challenge to democracy Tax Research UK


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