Monday, April 29, 2013

Links Apr 29

Austria Yields to EU Savings-Tax Talks as Bank Secrecy Wobbles BloombergBusinessweek
See also comment on Tax Research UK The direction of travel is clear: the fight against tax fraud is gaining momentum and that’s vital for the well-being of us all

Banking secrecy remains in Europe for now Der Standard (In German)
Commenting that after Austria ceding on bank secrecy, the way is cleared for the EU to demand transparency from Andorra, San Marino, Liechtenstein, Monaco and Switzerland.

US authorities keep up pressure on Swiss banks swissinfo

German tax evasion Uli, Uli, Uli The Economist
Secret Swiss bank accounts suddenly have a famous face

Billionaires Flee Havens as Trillions Pursued Offshore BloombergBusinessweek

MNCs parking profits in tax havens a challenge for I-T Dept: Pranab The Hindu Business Line

Irish Revenue focuses on 200 Irish investors in tax avoidance probe Independent
More than 200 wealthy Irish investors are being investigated by the Revenue as part of a probe into a major offshore tax avoidance scheme

Irish Revenue Officials still chasing Ansbacher account holders Independent
On the Ansbacher controversy with its offshore trusts, foreign-registered companies and secret ledgers

The FT’s finally caught on to the fact that the Netherlands is a tax haven: better late than never Tax Research UK

UK MP Margaret Hodge: 'The tax you owe is a duty. It's an obligation' The Guardian

PwC created 'extraordinary' structure 'to avoid tax on UK properties', say MPs The Guardian

Ban 'insider' tax accountants from government - MPs BBC

Tony Blair, a £400,000 payday and a luxury stay at taxpayers’ expense The Independent

Starbucks posts higher-than-expected earnings as it argues for tax breaks The Guardian
Coffee giant's revenue climbs 11% in first quarter as reports circulate it is trying to expand US tax breaks on foreign profits

Wealthiest Americans Only Winners in Recovery, Pew Says Bloomberg

Zimbabwe could tax mining sector to fund July elections Mining Weekly

Lobbyists are power and are markets Gran Canaria Actualidad (In Spanish

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