Tuesday, November 26, 2013

Links Nov 26

EU moves to close corporate tax loopholes Reuters
See proposal for Council Directive here. See also Furore over tax evasion opens door to new EU proposal on corporate tax EurActiv

Tax havens urged to expose firms hiding fortunes on their shores The Guardian
Note the photo

Automatic tax data exchange to hurt fund flows, say Swiss banks The Economic Times
However, note recently linked article Private Banking Is Alive and Well in Switzerland The Wall Street Journal

Clarifying the Meaning of ‘Beneficial Owner’ in Tax Treaties TaxProf / Tax Analysts
"Koichiro Yoshimura looks at the meaning of the term "beneficial owner" in the OECD model income tax treaty, and through a functional analysis, attempts to set reasonable and more acceptable beneficial ownership criteria."

Tanzania lures investors with 10-year tax breaks, sets aside land for cities The East African

India: Vodafone in talks with Government for possible solution in tax case The Hindu

Bermuda a key target in tax haven accusations Bermuda Sun

Spain PM's ally convicted of tax evasion globalpost

Effective Corporate Tax Rates The New York Times

What Is Goldman Sachs Doing With Venezuela's Gold? Bloomberg

Pope Francis calls unfettered capitalism 'tyranny' and urges rich to share wealth The Guardian

Bitcoin and international crime The Baltimore Sun

Berlusconi says 'US papers' will prove innocence Ansa
'Had no part' in tax-dodge scheme that spells Senate ejection

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