Links Nov 12
Announcing seminar on December 11; a collaboration between the Halifax Initiative, CCIC, Inter Pares and Canadians for Tax Fairness.
Dirty money: Mistrust the trusts The Economist
See also our simplified primer on trusts
France to more than double penalties for non-reporting of trusts STEP
Beyond aid: Supporting Southern Countries to Raise their own Resources for Development Halifax Initiative
Under The Umbrella: Tax Haven Cocktails The Global Mail
Reporting on the 2013 Financial Secrecy Index: "Australia is cleaning up some of its own tax-avoiders, but for those with money to launder – especially from Papua New Guinea – it’s a nice place to wash up."
Germany once again among the top 10 international tax havens TJN Germany Blog (In German)
Features report by a coalition of NGOs -Global Policy Forum, MISEREOR, TJN and World Economy, Ecology & Development (WEED) - Financial Secrecy Centre Germany.
See also: Switzerland retains top spot in financial secrecy index The Times of India
Activists demand that UK act on tax havens The Copenhagen Post
‘I never felt I was a money launderer’ Compass Cayman
An illuminating report.
Cayman court again allows an insolvent firm to file for liquidation in secrecy, despite NYSE listing Offshore Alert
Malaysia: Ensure TP documents in place to avoid being penalised by Inland Revenue Board The Star
U.S. PIRG Applauds Bipartisan Bill Barring Tax Write-Offs for Corporate Wrongdoing
See also: Government must shut down corporate tax havens Huffington Post
Leading US senators push Irish government to fully tax Apple, Google etc. Irish Central
The Middle East, Monaco, Singapore: Who’s Profiting From the Swiss Banking Secrecy Ratline? International Business Times
New York Fed Chief Levels Explosive Charge Against Big Banks Huffington Post
It's business that really rules us now The Guardian
Be Terrified: Hong Kong's Banker Babies Are Learning Finance in Pre-K The Atlantic