WASHINGTON – The Internal Revenue Service is giving more time to Toronto-Dominion Bank (TD), Aegon NV (AGN) and other banks based outside of the U.S. to implement a controversial tax reporting rule.
WASHINGTON – The U.S. Department of Justice is seeking records about American clients of HSBC in India who might be evading taxes, broadening the government’s probe of banks suspected of helping tax dodgers.
PROPUBLICA/FORTUNE – Did GE pay U.S. income taxes in 2010? The company known for minimizing its tax bill made a muddled situation worse responding to a New York Times report suggesting it might get a refund. GE now says it has a small tax liability for 2010.
NEW DELHI – While the Union budget disappointed those hoping for an amnesty scheme for black money transactions, top North Block officials virtually ruled out any such plan in the future.
NEW DELHI – Stung by the opposition charge that it hasn’t taken enough steps to crack down on corruption and black money, the government today said it had adopted a five-fold strategy to tackle the generation and circulation of black money.
NEW DELHI – India and Norway today signed a revised tax treaty for exchange of information between the two countries to prevent flows of black money and check tax evasion.
NEW DELHI: Ahead of G20 meet in South Korea, think-tank Oxfam said the bloc of 20 countries should devise methods to tackle tax havens, so that the interest of developing nations could be protected.
NEW DELHI: India and Norway are all set to expand the scope of their double taxation avoidance agreement (DTAA) to facilitate greater information exchange on potential cases of tax evasion. After changes to the Indo-Swiss tax treaty this would be the second such treaty that would be reworked to ensure smooth flow of information on tax-related issues.
Bloomberg–The German government may be about to step up its pursuit of tax evaders amid reports that a new CD containing stolen bank data has been offered for sale to state authorities.
ZURICH (Dow Jones) — A Swiss court Monday said it backed a U.S.-Swiss deal governing the handover of thousands of pages of confidential data on clients of UBS AG (UBS) to U.S. tax officials as “binding,” rejecting an appeal by a client of the Swiss bank in a test case.
WASHINGTON (Reuters) – A U.S. grand jury indicted on Thursday a Swiss lawyer accused of aiding a man identified as having an account at London-based HSBC Holdings Plc (HSBA.L) evade taxes, the latest in a widening probe into foreign banks that might have helped U.S. clients avoid paying tax.
MIAMI, May 3 (Reuters) – A former private banker at Julius Baer (BAER.VX), who alleges the Swiss bank knowingly helped rich clients dodge taxes, said on Monday that U.S. clients have long paid a premium for Swiss firms’ tax advantages.
While over 100 million children never get the opportunity to go to school, developing countries ...
GFI and Task Force Director Raymond Baker speaks in Norway in an event sponsored by ...
The USA topped the Financial Secrecy Index. The state of Delaware was used ...
Richard Murphy of the Tax Justice Network and Tax Research LLP, explains the brand new ...
In March 2009, during the run-up to the G-20 Summit in London, activists from all ...
Ugland House, the infamous Cayman Island building where 18,000 companies are "located", was in the ...
May 14, 2009
The US Senate Finance Committee just announced that it will be holding hearings on the ...
May 15, 2009
IoMtoday, published by the Isle of man press carries the following story:CUSTOMS and ...
May 18, 2009
Washington, DC — The House Financial Services Committee hearing today on official corruption, its ...
May 19, 2009
The Task Force on Financial Integrity & Economic Development
1319 18th Street, NW Suite 200 Washington, DC 20036
Email: info@financialtaskforce.org
Telephone: +1 (202) 293-0740 | Fax: +1 (202) 293-1720
© 2009-2012 Task Force on Financial Integrity & Economic Development
Some rights reserved. 
