Links Oct 10

Australia: Oil and gas tax may raise no extra revenue for decades ABC News
See also: Turnbull government called on to explain where Australia’s offshore gas wealth is going The Sydney Morning Herald

#Appletax ruling: “the need for a new way of taxing profits” ICRICT / Global Alliance for Tax Justice

eBay pays £1.1m UK tax on revenues it told US investors were £1.1bn The Guardian

The Consequences of Top-Down Economics Are Not Accidental — But There’s Cause for Hope A. R. Naraghi via

Singapore charges two Swiss bankers for alleged fraud & corruption in 1MDB Malaysian wealth fund scandal swissinfo

Swiss-based firms could be held to account for actions abroad swissinfo

UBS says Spain filed request for Swiss assistance in tax matters Reuters

South Africa’s Tax Amnesty ‘Began’ On October 1 Tax-News

Credit Suisse places five employees on leave over tax probe Reuters

Panama Papers: Pakistan’s Securities & Exchange Commission forms committee for investigation The Nation

‘There is a need for action:’ Europe debates #BahamasLeaks ICIJ
See also our earlier blog: UN rights experts on Leaks: What else do we need to know to take action?

Malta & Panama Papers: Audit into Minister Konrad Mizzi’s New Zealand trust ‘work in progress, studies completed’ Malta Today
See also: Panama Papers: Malta’ Prime Minister refuses to name firm auditing Mjnister Konrad Mizzi The Times of Malta, “KPMG report says New Zealand’s disclosure system is ‘perceived as inadequate’ “

The scandal of Scottish PFI projects moved to tax havens Herald Scotland



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