Friday, April 08, 2011

Links Apr 8

The EU urges the US towards more intensive cooperation against tax evasion TJN Germany blog (In German)
Apr 7 - The EU is calling on the U.S. to begin a dialogue on how best to achieve the objectives of the "Foreign Account Tax Compliance Act" (FATCA) to deal with effects of U.S. legislation in Europe. See earlier blog FATCA: New automatic info exchange tool.
See also EU requests FATCA talks with U.S. Tax-News.com Apr 8

Tax and big business Guardian

Apr 7 - The Guardian and Christian Aid hosted a live webchat yesterday on tax and big business. This builds on the Guardian film on tax and the flower industry in Kenya that we
linked to on Apr 5.

Mozambique: Civil Society Should Ensure Transparency in Taxation
allafrica.com

Apr 2 - On the Norwegian programme of "Taxation for Development", which is centred on building up the capacity of tax administrations in developing counties. The Norwegian tax administration is cooperating with its Mozambican counterpart, and the equivalent bodies in Tanzania and Zambia.

East African Community (EAC) considers model agreement to tackle double taxation StarAfrica.com

Apr 7 - The EAC Secretariat and German Development Cooperation (GIZ) are conducting a workshop of a study on Code of Conduct against Harmful Tax Competition and Model Agreement on Double Taxation Avoidance. 'Avoidance of harmful tax competition and double taxation among the EAC Partner States are both crucial for the success of the Common Market.’

Team Sars On Top Of Its Game Times Live

Apr 4 - The R674.2-billion collected by the South African Revenue Service in 2010 to 2011 was a record, and the government intends to capitalise on that success.

David Cameron tells Pakistan: raise more tax from the rich Guardian
Apr - British PM tells Pakistan elite that, among other things, they must start paying more tax if the British public are to back his plans to pour
£650m in UK aid to Pakistani schools. We blogged earlier on Clinton and Holbrooke saying similar things. Welcome words, yet somewhat hypocritical given the propensity of these wealthy countries to host the untaxed wealth and income of Pakistan's citizens.

How to pay no taxes Businessweek
Apr 7 - By Jess Drucker, on shelters, dodges, and rolls—all legal—used by America's wealthiest people
. 'For those who can afford a shrewd accountant or attorney, our era is rife with opportunity to avoid, or at least defer, tax bills, according to tax specialists and public records'. Notes that for the top 400 taxpayers, effective tax rates fell from almost 30 percent in 1995 to just under 17 percent in 2007

Nobel Economist Joseph Stiglitz on the U.S. Budget Cuts Democracy Now

Apr 7 - Assault on Social Spending, "Pro-Rich Tax Cuts Turning U.S. into Nation "Of the 1 Percent, by the 1 Percent, for the 1 Percent". See also Vanity Fair.

New reviews for Treasure Islands

Apr 6-7 - Great reviews in Le Monde, New York Times, Seeking Alpha, and the London Review of Books saying Treasure Islands is "brilliant" - see here and here. Also, watch out for the launch of the U.S. edition of the book next week.

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