Tuesday, September 25, 2012

Links Sep 25

Serious flaws in Uganda’s draft oil laws despite MPs recommendations Global Witness
Sep 7 - Global Witness analysis points to "concerns over excessive ministerial control, absence of parliamentary oversight, a lack of guarantees on contract and financial transparency, and lax environmental and social safeguards."

Dictators’ Riches Are Stolen at Home, But Banked in the West Freedom House
Sep 18 - "It is remarkably easy for these criminals to hide their identities behind anonymous shell companies and bank secrecy in order to bring their dirty money into the United States and Europe."

Waking Up To The Price Of Corruption GhanaWeb
Sep 24 - "Leadership is not about how much money you make for yourself and your family but how much difference you make in people’s lives and how you change lives forever. "

Bangladesh: Rights group blasts new VAT law The Financial Express

Sep 15 - "Criticising the International Monetary Fund (IMF) for pursuing discredited tax policy in Bangladesh, civil society members at a discussion Saturday urged the government to reconsider new VAT (Value Added Tax) law." The piece notes the regressive impact of the VAT.

European Parliament vote makes it harder for business to dodge taxes Eurodad
Sep 20 - Reporting on latest developments in the European Parliament - The Green economic and finance spokesperson, Sven Giegold (MEP, Germany), stated "These ‘legitimate’ tax avoidance schemes like the ‘Double Irish’ and the ‘Dutch sandwich’ should be totally outlawed and member state governments should take on board today’s vote.”

U.S.: Mitt Romney's 2011 Returns Reveal a Tax Code Stacked in Favor of the Very Rich CTJ

Sep 21 - Citizens for Tax Justice reports: "Mitt Romney’s 2011 Returns Reveal a Tax Code Stacked in Favor of the Very Rich Because of Loopholes and Special Rates Not Available to Ordinary Taxpayers."

Clinton calls on elites to pay more tax Guardian

Sep 24 - Reporting on remarks by Hilary Clinton: "One of the issues I have been preaching about around the world is collecting taxes in an equitable manner, especially from elites around the world ... There are rich people everywhere, and yet they do not contribute to the growth of their own countries."

Asian HNWIs To Have $16.7 Trillion Of Wealth By 2015 - Julius Baer Report WealthBriefing
Sep 25 - "Banks such as Julius Baer, Royal Bank of Canada, UBS and Credit Suisse have been pushing into the Asian market to tap the rising wealth population. The recent RBC/Capgemini World Wealth Report showed that Asia now has the biggest population of HNW [High Net Worth] individuals in any region."

UK: Danny Alexander promises to 'bring in billions' in crackdown on tax havens London Evening Standard
Sep 25 - "Treasury Chief Secretary Danny Alexander today launched a major crackdown on tax-dodgers, insisting everyone must "play by the same rules" as the country faces further austerity."

Britain's biggest taxpayers: Super-rich list of top earners who buck trend and pay their share Belfast Telegraph
Sep 24 - "At a time when politics is dominated by debate on the billions of pounds that recession-hit Britain loses in revenue to shady, offshore tax havens and tax avoidance schemes, research by The Independent newspaper has revealed that many of our highest-earning taxpayers choose not to hide their income from HMRC ..."


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