In a detailed critique of modern social, economic and environmental problems, delivered on the eve of a summit of the G8 leaders in Italy, Pope Benedict XVI warned that globalisation risked triggering a worldwide crisis.
Washington Post – A new treaty touted as helping U.S. law enforcement crack Swiss bank secrecy may do little to help authorities achieve a prime objective: exposing tax evaders.
PARIS — The Swiss government said Wednesday that it was prepared to seize U.B.S. client data rather than allow the bank to hand it over to the United States to settle a tax case.
On the eve of Leader of Government Business McKeeva Bush’s appointment to sign Cayman’s 11th Tax Information Exchange Agreement, this time with the Netherlands, two OECD countries have indicated that the proverbial goal posts may have shifted once again when it comes to measuring cooperation on fighting global tax evasion. According to reports from a summit in Evian, France, British Prime Minister Gordon Brown and French President Nicolas Sarkozy have called for a March 2010 deadline for sanctions against tax havens that fail to bring their transparency up to international standards.
Kolkata: Although the government failed to lay down a concrete roadmap on ways to reduce the huge fiscal deficit in the Union Budget 2009-10, the changes made in the tax structure, both direct and indirect taxes, were a welcome measure and could have a positive impact on the economy, felt industry experts.
Washington (FT) – Doris Leuthard, the Swiss economy minister, called for a swift resolution of the UBS legal case brought by US tax authorities on Wednesday at the start of a trip to Washington.
The summit meeting which is taking place in L’Aquila, Italy, at which the Group of 8 (Britain, Canada, France, Germany, Italy, Japan and the United States) is joined by South Africa, Brazil, China, India, Mexico and Egypt, will be the first since we realized the extent of the financial and economic crisis we are facing.
British charities have welcomed moves announced by the Government which could herald major improvements in the way tax is regulated internationally.
ROME (AFP) — The world’s most powerful leaders gathered in Italy on Tuesday on the eve of a G8 summit aimed at finding common ground on how to tackle the global economic crisis, climate change and turmoil in Iran.
Miami Herald – The state’s role in the operation of accused swindler Allen Stanford stinks. As reported in a detailed story in this newspaper on Sunday, Florida regulators allowed Mr. Stanford to set up a dubious, one-of-a-kind office to handle vast investments, but never bothered to find out what he was doing with the money or whether he was playing by the rules.
A big accountancy firm has denied that it has been peddling a tax avoidance scheme to help rich people avoid paying the new 50% income tax rate from 2010.
EVIAN, France (AP) — The leaders of France and Britain pushed Monday for ambitious targets for tackling climate change and cracking down on uncooperative tax havens, ahead of upcoming meetings with other heads of state this week and in September.
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Half of the world's trade passes through tax havens. Right now, they are hiding billions ...
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WASHINGTON DC – South Africa announced today that it has joined the Partnership Panel of ...
February 10, 2012
LONDON - Forest dependent communities are still in the dark about how their forests are ...
February 9, 2012
WASHINGTON, DC – Global Financial Integrity (GFI) today applauded the introduction of a bill, which ...
February 7, 2012
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February 10, 2012
The yawning gap between the transparency rhetoric of companies and the reality of their actions ...
February 10, 2012
In his State of the Union address less than a month ago President Obama brought ...
February 10, 2012
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