India PM Modi government sets up special team to probe black money in tax havens VCCircle
See also: SIT on Black Money May Not Help: Rudolf Elmer NDTV
Swiss to hand HMRC tax ‘hit list’ Accountancy Age
A joke? TJN and others could hand HMRC a “hit list” of hidey holes.
U.S. Broadens Hunt for Tax Evaders The Wall Street Journal
See also: Credit Suisse Offers Map to 13 Swiss Banks in U.S. Tax Probe Bloomberg
Pfizer abandons AstraZeneca bid — Credit Suisse: And the winner is… — Tax havens, tax gimmicks Politico
See also: Pfizer walks away from $118 billion AstraZeneca takeover fight Reuters – a good thing too.
Has the U.K. become a tax haven? CNN Money
We have blogged and linked on many an occasion on why inversions are harmful, and featuring the UK situation. For deeper background on the UK as a tax haven, see here and here. See also: News from the UK’s satellite secrecy jurisdictions shows extent of UK influence Financial Secrecy Media Monitor
New Report: American Corporations Tell IRS the Majority of Their Offshore Profits Are in 12 Tax Havens Citizens for Tax Justice
See also: US Tax Cheats in Ireland Pocket Profits Worth Almost Half of GDP International Business Times
Ireland: BEPS – Tax policy changes could cost €1bn Irish Examiner
See also: Corporate tax deals in Ireland have to change, says expert The Irish Times
European Commission: Statement by Commissioner Šemeta and Vice-President Kroes on Taxation of the Digital Economy
See also: EU calls for common position on tax for digital economy The Irish Times. Hat tip: Offshore Watch.
“Blood Gold” from the Democratic Republic of Congo linked to Jersey trust Financial Secrecy Media Monitor
Jersey’s getting tetchy Tax Research UK