Links Aug 30

U.S., Switzerland forge bank settlement deal amid tax probe Reuters

Report sees bleak future for Swiss private banks swissinfo

Wooing The Wealthy Gulf Business News
A focus on Dubai, with insights into general trends in private banking. See also: Private banking changes courting strategy for Asia gulfnews and: UBS Has Relationship With 80% of Asia’s Billionaires Bloomberg

Businesses Increasingly Looking To 'Major' Offshore Centers Tax-News

The bizarre tax loophole that could save Vodafone £24 billion Quartz

India awaiting Mauritius response for tax treaty revision Business Standard

Tax transparency: where do Swedish corporations with operations in developing countries pay taxes? Diakonia / Swedwatch
In a recent report, Swedwatch has examined how four Swedish multinational companies think and act regarding tax payments in Zambia.

Berlusconi masterminded tax evasion plan, Italian court says Reuters

Tax haven sees 86% rise in yuan flows  South China Morning Post
"Luxembourg has become the second-largest country to settle yuan payments in Europe after France, with more and more yuan capital flowing to the tax haven as Chinese firms rush to set up headquarters there."

Bill Black: Zero Prosecutions of Elite Banksters is Too Many for the Wall Street Journal naked capitalism

JPMorgan Bribe Probe Said to Expand in Asia as Spreadsheet Is Found Bloomberg
See also: Damn you, Excel spreadsheets, JP Morgan Chase edition Quartz