Links Oct 17

Ten drivers of inequality in Africa Oxfam

How tax inspectors could prevent the next Ebola outbreak The Conversation
See also recent blog Tax Inspectors Without Borders – an update

Argentina: Courts could dismiss Swiss bank data Buenos Aires Herald

Swiss-Indian tax negotiations yield modest progress swissinfo
However … “While offering some concessions, Switzerland refused to budge on the issue of providing assistance on the basis of stolen bank data.”

A Swiss banker on trial; A day of reckoning? The Economist
See also: Former UBS Manager Testifies Against Raoul Weil The Wall Street Journal,  Ex-UBS executive had role in handling U.S. tax compliance -witness Reuters, and 100 Swiss Banks Get Ultimatum: Hand Over Americans Or Face U.S. Prosecution Forbes

Italy and Swiss ministers clash over failure to reach tax accord Reuters
Switzerland wants to sell Italy a corrupt tax deal model

Austria Given Extra Year To Automatically Exchange Tax Data Tax-News
See also: Banking Secrecy: Austria continues to put on the brakes in the EU TJN Germany Blog (In German)

Australian Taxation Office Commissioner Urges International Collaboration On BEPS Tax-News
See also recent blog On taxing multinationals: latest scorecard for the OECD BEPS project

Officials examine 6.25% rate for new ‘knowledge box’ scheme the Irish Times
See also: Ireland’s Soft Pedaling Tax Avoidance Crack Down Citizens for Tax Justice

U.S.: In Spite of Treasury’s New Regulations, Corporate Inversion Crisis Will Continue Without Congressional Action Citizens for Tax Justice

Bank of America Made $168 Million Last Quarter, More or Less Bloomberg View
It’s impossible for a human to know if Bank of America (or any bank really) made money or lost money last quarter.

The People vs PFI conference The Corner House
Conference in London 1 Nov, on Private Finance Initiatives. Includes profiteering and tax evasion.

Public-Private Partnerships, Financial Extraction and the Growing Wealth Gap The Corner House

 


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