Links 12 Oct

Tax avoidance fuels global inequality CNN
Opinion piece by Joseph Stiglitz.

Tax reforms are small beer when big firms are denying poor countries billions The Guardian
See also our recent press release: OECD’s BEPS proposals will not be the end of tax avoidance by multinationals

India: Finance Minister Jaitley bats for ‘Automatic Information Exchange’ on Black Money Afternoon Voice

India: Vodafone wins transfer pricing tax dispute case The Hindu
“The tax authorities are likely to challenge the decision in the Supreme Court.”

Tax transparency: Keeping the public in the dark? EU Observer

UK: Facebook paid £4,327 corporation tax despite £35m staff bonuses The Guardian
Cites TJN Director John Christensen. See also: Facebook paid less than £5,000 in corporation tax to the Exchequer last year – that’s less than what a British worker earning the average £26,500 wage pays Daily Mail

Hervé Falciani: criminal or modern-day Robin Hood? swissinfo
See also our blogs HSBC whistleblower Falciani, on tax havens and whistleblowing, Guest blog: how Switzerland corrupted its courts to nail Rudolf Elmer, and Whistleblowers – the new countercultural heroes

Ex-UBS Banker Weil Faces French Charges of Aiding Tax Evasion Bloomberg
… less than a year after acquittal in U.S. case. See also: Raoul Weil, former senior executive of UBS Switzerland, on trial in France Mediapart (In French)

U.S. Chases Swiss Bank Secrets to Singapore and Israel Bloomberg
“Dozens of banks signed amnesty agreements disclosing tactics, providing prosecutors with valuable information”

Revenue Mobilization for Gender Equity UNRISD



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