Links Nov 20

Seychelles Chamber of Commerce and Industry pushes for Seychelles to become China’s African trade hub Seychelles New Agency
“… the Chinese side could benefit from the various tax incentives which exist here”. See earlier blog How Seychelles became a paradise for dirty money and corruption

Bettel, the people of Luxembourg, crooks and thugs Mediapart (In French)
Commenting on the Finance Curse and political capture, noting that the regular people of Luxembourg, Belgium, Ireland, or any other tax haven are not crooks or thugs; those who should be criticised are those who design the rules, profiting from them or turning a blind eye.Luxembourg Prime Minister Bettel opposes EU fiscal standardisation Luxemburger Wort
See also: Luxembourg PM slams single EU tax plans Yahoo Finance

Transparency Review in Luxembourg: OECD’s Pascal Saint-Amans accepts the invitation of Prime Minister Bettel Luxemburger Wort (In French)

The end of tax havens would favour tax competition Le Point (In French)
A startling claim by Pascal Saint-Amans, Director of the OECD’s Center for Tax Policy and Administration

The head of the world’s biggest economic bloc is facing calls to resign over ‘magical fairyland’ tax deals globalpost

Russia ready to join G20 tax data exchange plan from 2018 TASS

Russian parliament reviews “anti-offshore” proposals, companies in Cyprus watch developments Famagusta Gazette
See also: ‘Anti-offshore’ law to bring billions back to Russian economy RT

Swiss banks asked to hand over more data in U.S. tax case Reuters

Irish Pay Water Tax – Corporations Dodge Billions Russell Brand The Trews
Video with a sense of humour, and is completely on message about global tax justice

Anger as ex-NATO head Rasmussen forges ‘tax-haven’ career World Bulletin

Tiger Global proves exactly why we need registers of beneficial ownership for all companies around the world Tax Research UK

U.S. Audit Regulator Scrutinizing PwC Over Caterpillar Tax Advice The Wall Street Journal

Should the UK introduce a “Google tax”? The Guardian

Icelandic bank ex-CEO sentenced to jail over manipulation pre-2008 crisis Reuters

Banking culture breeds dishonesty, scientific study finds Reuters


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