Ex-Swiss banker found guilty in WikiLeaks trial, avoids jail Reuters
See also recent blogs Will Antoine Deltour become a prisoner of conscience? and Tax haven whistleblowers: where are the human rights organisations?
U.S. regulators question whether Credit Suisse has rule-breaking culture Reuters
See also: Credit Suisse: Big Crimes Become Big Business Ralph Nader in the Huffington Post
The Super-Rich and US BBC
Excellent two-part TV documentary – Jacques Peretti investigates how the super-rich are transforming Britain. Demonstrates the trickle-up impact rather than the touted trickle-down effect. See also: Why extreme inequality hurts the rich BBC
“HSBC is the tip on an iceberg” veintitres (In Spanish)
Hat tip: Jorge Gaggero
EY Bank Barometer 2015
Survey of 120 banks in Switzerland. Interesting results, for example, nearly a third of Swiss banks say new clients don’t have to confirm tax compliance. Hat tip: John Letzing @letzing
Japan to track down overseas financial accounts of residents Kuwait News Agency
Tax issues take back seat on South Africa boards BD Live
” … companies [are] acutely aware of their legal obligations to pay the taxes that [are] due, and of their moral obligations to pay their fair share”.
Luxembourg not alone in harmful tax practices Financial Times (paywall)
Letter from Murray Worthy, Tax Justice Campaigner, ActionAid UK: “The Netherlands, Ireland and other EU countries also deserve scrutiny for the ways in which their domestic tax laws and rulings facilitate tax dodging around the world.”