Special Report: Nevada’s Big Bet on Secrecy
September 26, 2011Consultants—including some with criminal pasts—are selling the gambling center as a haven from taxes and legal liability.
Consultants—including some with criminal pasts—are selling the gambling center as a haven from taxes and legal liability.
LONDON – In a sign of growing anxiety about tax competition that costs governments billions of dollars a year, international economic policymakers are exploring the need for a global crackdown on tax loopholes.
LONDON / WASHINGTON – U.S. District Judge Patrick J. Schiltz of Minnesota is an educated man. He earned his law degree from Harvard, won a coveted clerkship for Supreme Court Justice Antonin Scalia and taught the law for more than a decade before joining the bench in 2006.But when Wells Fargo, the retail banking giant, and the U.S. Justice Department squared off in his courtroom last year over the legality of a fiendishly complicated tax scheme known as “STARS,’’ even Schiltz quickly realized he was not equipped to parse the facts.“I fear I may finally have met my match,” the judge told the court. “We may need a translator in this case, someone who can help us to understand these complex transactions and understand the complex tax laws to put this into English for us.”
WASHINGTON (IPS) – Changes to a key anti-bribery law that applies to international commerce, proposed by the U.S. Chamber of Commerce, could have disastrous consequences, hurting multinational firms, human rights, and the U.S.’s place of respect as an early adopter of the legislation, opponents to the changes argued here Friday.
NEW YORK – A spate of spectacular collapses of Chinese stocks listed on American exchanges has cost U.S. investors billions of dollars. The fiasco has sparked multiple investigations. Accusations are swirling in Washington and Beijing.
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HONG KONG – India is playing a major role in the global crusade against tax crimes and has completed negotiations for 16 new tax information exchange agreements (TIEAs), according to the chairman of the Central Board of Direct Taxes (CBDT) M C Joshi.
PARIS – The Task Force on Financial Integrity & Economic Development’s annual conference in Paris discussed the problems of trade mispricing, or transfer pricing abuse, and looked at how to combat it.
The Task Force on Financial Integrity & Economic Development’s annual conference in Paris last week showed how taxpayers could benefit from a more transparent reporting standard, but activists admitted they must do more to engage companies in the debate.
WASHINGTON – India’s announcement that it had ratified the United Nations Convention Against Corruption (UNCAC) has been welcomed as a “significant step”.
WASHINGTON – The Task Force on Financial Integrity and Economic Development (Task Force) has welcomed India’s announcement that it has ratified the United Nations Convention Against Corruption (UNCAC).
Half of the world's trade passes through tax havens. Right now, they are hiding billions ...
This video shows a discussion about beneficial ownership from the Task Force 2011 Conference in ...
Part 3 of 3. James K. Boyce and Léonce Ndikumana discuss the debt problem in ...
MEXICO CITY / WASHINGTON, DC – Crime, corruption and tax evasion cost the Mexican economy ...
January 29, 2012
January 26, 2012
Christian Aid welcomes Ed Miliband’s determination to tackle the tax havens which are harming UK ...
January 16, 2012
A response to Ben Heinman's article on corruption in The Atlantic.
February 3, 2012
This week, the lawyers of Teodoro Nguema Obiang, the son of Equatorial Guinea’s longtime President, ...
February 3, 2012
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