Links Jun 25

A “historic day” for the Fair Tax Mark

UN estimates on tax dodging: Offshore tax zones cost developing countries $100 bln a year – U.N. Reuters,
and Companies Avoid Paying $200 Billion in Tax The Wall Street Journal

How could you not be excited by the Palma? Uncounted – Alex Cobham’s Blog
TJN’s research director debates with inequality guru Branko Milanovic

EPP Group Position Paper on Taxation
@alexcobham comments: Not unexpectedly backwards, but still disappointing.

Corporate tax: MEPs urge Commission to work faster and propose laws European Parliament News

Greek minister slams Swiss over tax evasion The Local

Latest U.S. Tax Break Fad Means Today’s Winners Would Score Anew Bloomberg
See also our recent blog Patent boxes: progress, or more racing to the bottom?, and comment from Citizens for Tax Justice A “Patent Box” Would Be a Huge Step Back for Corporate Tax Reform

Spain attempts to label Gibraltar as a tax haven on EU list Euro Weekly
… while simultaneously calling for Andorra to be removed

End the secrecy, publish tax rulings Francis Weyzig

Road Block to EU Plan on Tax Rulings Bloomberg

Italian Prosecutors Seek to Indict Bank of China, 297 People The New York Times

Two more Swiss banks penalized for helping U.S. tax cheats FCPA Blog

Caribbean Countries Speak Out Against EU Blacklisting teleSUR
See also recent blog Juncker’s hidden hand? EU tax haven blacklist omits Luxembourg, and listen to this month’s Tax Justice Network Podcast for more comment on the EU Blacklist

Swiss secrecy bolsters soccer corruption San Diego Reader
Listen to this month’s Tax Justice Network Podcast for comment on the FIFA corruption scandal, and check out The Offshore Game

Nigerian Trader Says Glencore Failed to Pay for Rescue Help Bloomberg
“… a rare glimpse into the opaque world of commodity trading in Africa, where [Swiss based] Glencore, a $57 billion London-listed company, is one of the biggest players”, story involving the British Virgin Islands. See also our blog: How Glencore made its money

Mylan to U.S. Government: We Want Everything for Free ITEP
Pharma company that renounced its U.S. citizenship to pay lower taxes, now wants the U.S. government’s (ie. taxpayers’) help in thwarting a takeover.

 


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