Links Oct 12

Singapore shuts down 2nd Swiss bank, Falcon, & fines UBS, in crackdown re Malaysian sovereign fund 1MDB scandal swissinfo
See also Falcon Bosses Ignored Staff Warnings on 1MDB finews, and (from July 2016) How Malaysia’s 1MDB Fund Scandal Reaches Around the World Bloomberg

Swiss banks chasing Asia cash stung by dirty money crackdown The Straits Times

Uber’s main UK business paid only £411,000 in tax last year The Guardian

Facebook accused of ‘picking and choosing’ tax rules after paying just $5 million in UK CNBC
See also: Facebook enjoys £11m UK tax credit despite £5bn global profit The Guardian, and our earlier blog Facebook UK tax – TJN statement    

Facebook tells IRS it won’t pay billions over Irish tax manoeuvre ars Technica

Mali government escalates tax dispute with Jersey-headquartered FTSE 100 gold mining company CCH Daily

Fears Australia losing billions in liquefied natural gas tax sparks calls for inquiry The Guardian

Australia: Mining giant BHP Billiton ‘has evaded taxes for more than a decade’ The Guardian

Pakistan: Senate body to take up Panama Papers bill on Oct 13 Pakistan Observer

Cyprus: Some 600 identified in Panama Papers, deputies told Cyprus Mail

Tunisian General Labour Union’s campaign for tax justice Global Alliance for Tax Justice

Ireland’s Budget 2017: Finance Minister Noonan targets offshore tax defaulters The Irish Times
‘Pledge to make it criminal offence for those who fail to disclose accounts or assets held in tax havens’

You do not want to be on the radar of the IRS wealth squad Bloomberg
‘These are the audits from hell that your grandfather warned you about’

U.S.: Why Oregon’s shell company legislation matters Portland Business Journal

 

 


Related Posts

UN must defend target to curtail multinational companies’ tax abuse

Photo by Luca Santori, Creative Commons LicenseThe Tax Justice Network, The Independent Commission for the Reform of International Corporate Taxation, and the Global Alliance for Tax Justice call on the UN Secretary General to make sure the commitment to action on tax abuses by multinational companies remains part of the new UN Sustainable Development Goals.

READ MORE →

The BVI: Responsible for worldwide tax losses of $37.5 billion a year

BVI report blogAn extraordinary report by consultants Capital Economics, for BVI Finance, claims that the British Virgin Islands are responsible for $1.5 trillion of assets invested around the world, and that these result in 2.2 million jobs and $15 billion in tax revenue. A better approximation would be that the BVI imposes global tax losses of $37.5 […]

READ MORE →

Event: Making Tax Work for Women in the UK and Globally

Invitation_ Tax and Gender eventOn Wednesday 28th June 2017 at 16.30 our very own Liz Nelson will be speaking at an event in London that aims to bring together gender and tax justice advocates to highlight the need for coherent and gender-responsive fiscal policies to safeguard the rights of women and girls both in the UK and globally. The […]

READ MORE →

Historic event on women, human rights and tax justice in Bogota

BogotaLast week civil society organisations, researchers, labour union activists and policy makers met in Bogota, Colombia to explore how tax justice issues can ensure governments, multinational corporations and others meet their obligations to women in order to secure their full range of human rights. The Women’s Rights and Tax Justice conference opened with a conversation […]

READ MORE →

The Offshore Wrapper: the Panama Papers, one year on

Photos from the Protest outside PwC 1 Embankment Place, part of the Global week of action for tax justiceWelcome to the Offshore Wrapper – your weekly update from TJN.  Happy Paniversary! This week it’s been one year since the Panama Papers were leaked, and a number of organisations around the world have been marking the occasion though the global week of action for tax justice. In London, activists from the TJN and the […]

READ MORE →

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top