“The IMF is looking into how the tax policies of different countries can potentially interact to unintentionally facilitate tax evasion, aggressive tax planning, and excessive profit shifting.”
Liechtenstein Tax Conference Focuses On AEI Tax-News
Switzerland may no longer be a honeymoon spot for tax evaders Hindustan Times
Cites TJN’s Markus Meinzer on the need for transparency of trusts and foundations.
Blackmoney: India posts IRS officers in 7 nations except Cyprus The Economic Times
Tax Haven Guernsey Sees ‘Notable Increase’ in Investment Funds Amid Global Avoidance Crackdown International Business Times
EU freezes assets of ousted Ukrainian leader and 17 others Reuters
Even those in discretionary trusts? See also: Ukraine’s stolen assets: A long, hard slog The Economist, and recent TJN blog posts here, here and here.
Why the West is more corrupt than the BRICS Russia & India Report
How corporate America is losing the debate on taxes The Washington Post
See also: Obama Budget Raises $276 Billion From U.S. Multinationals Bloomberg
Apple moved $8.9bn in profits from Australia to Ireland, report says The Guardian
“AFR reports the company’s earnings in Australia totalled just $88.5m last year, but $2bn of income was sent to Ireland”
Zero likes: how the world came to hate Silicon Valley The Telegraph
Reports on tax evader “awards” from protesters.
UK: HMRC proposals to help clear tax avoidance case backlog come under fire International Adviser