Links May 21

The seven craziest findings in the US investigation of Apple’s tax avoidance practices Quartz

See also: Apple Holds Billions of Dollars in Foreign Tax Havens Citizens for Tax Justice, and Apple’s Web of Tax Shelters Saved It Billions, Panel Finds NY Times

Google faces new pressure over tax claims The Guardian

Gloves coming off in row over taxes Irish Independent

Luxembourg versus Ireland: tax havens competing to be more rotten than each other Treasure Islands

EU tax: Barroso urges full automatic exchange of data BBC

Clock ticks on Swiss banking secrecy BBC

Global Witness calls on Shell to drop support for anti-transparency lawsuit
Global Witness is attending Shell’s AGM in The Hague to ask the company to drop its support for a lawsuit that aims to kill off vital a U.S. transparency law - the Dodd-Frank Act.

Anonymous companies: A Global Witness briefing

Argentina: Homeless people were used to launder $ 36 M and create shell companies infobae (In Spanish)
Hat tip: Jorge Gaggero

Multinational CEOs tell UK Prime Minister David Cameron to rein in tax avoidance rhetoric Guardian

U.S.: Pritzker-as-Romney Reverses Parties on Offshore Havens: Taxes Bloomberg Businessweek
"Republicans defended Mitt Romney against criticism from Democrats that he avoided taxes by keeping money stashed overseas. Those roles are now reversed with the disclosure that President Barack Obama’s pick to run the Commerce Department does the same thing."

Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market The Real News
Bill Black: Weakness of financial regulators shows you can not "tame the scorpion"

“Who Is Too Big to Fail: Are Large Financial Institutions Immune from Federal Prosecution?”  United States House of Representatives, Committee on Financial Services
Committee Memorandum for the Hearing on Wed 22 May