Links Jan 25
The world's 100 richest people earned enough money last year to end world extreme poverty four times over, according to new report The cost of inequality: how wealth and income extremes hurt us all
City of London Corporation reveals its secret £1.3bn bank account The Bureau of Investigative Journalism
Multinational firms avoid paying tax View and News from Norway
"Norwegian politicians are calling for tighter rules and a revision of tax laws to plug the holes."
As Foreign Profits Rise, Corporate Tax Rates Fall Bloomberg
How Yahoo Used Tax Havens To Cut Its Taxes By $42.8 Million ThinkProgress
Enda Kenny denies Ireland a magnet for corporate tax dodging Independent.ie
More criminal prosecutions planned for tax evasion: investors beware, there is no ‘fuzzy line’ Lexology
Obeids' trust is the best ad for tax reform Sydney Morning Herald
On the scandal of a former Australian MP and his family, dodging taxes and other obligations via an opaque trust structure.
Millionaires' Flight from Taxes Accelerates Baron's
Former French President Plans To Abandon Country To Dodge Taxes, Corruption Charges ThinkProgress
See also: Gérard Depardieu's French Tax Evasion Trend May Continue with Country's “Richest Man” and Nicolas Sarkozy Vanity Fair
Russian Tax Fraud Funneled Via Estonia’s Banks Bloomberg
India: Taxes: Why do the super-rich crib so much? FirstPost
A discussion of the inheritance issue.
Italy police catch 56 bn euros in tax evasion in 2012 France 24/AFP
Offshore Targets In Sight For British FATCA iExpat
"Dubbed ‘Son of FATCA’ after the US Foreign Account Tax Compliance Act (FATCA), the British law will require financial institutions in offshore centres like the Channel Islands, Bermuda, the Isle of Man, British Virgin Islands, Caymans Islands and Gibraltar to hand over financial information about UK taxpayers."
Staying in Tune With the Tax Spirit of the Times NY Times
Mauritius grows tax income, takes aim at money laundering Africa Review
Large banks seen dodging EU financial tax bullet Reuters
Call It Corruption, Not Ideology Huffington Post