One: As part of its tax avoidance agenda, the EU has proposed a new approach to deal with third countries that refuse to comply with tax good governance standards. The aim is to replace the current medley of national lists with a single EU list of third countries, which would result from a fair and objective… More Six Things You Need to Know Now About The EU Common Blacklist.
Pascal Saint Amans – Director, OECD Centre for Tax Administration and Policy The OECD has confirmed the criteria for G20-mandated blacklisting of ‘uncooperative jurisdictions’ in the after-burn of the Panama Papers. The work of the OECD Global forum (Global Forum) is concerned with defining and implementing tax transparency standards and so the ‘objective… More The OECD Reveals the G20 Blacklist Criteria for Uncooperative Jurisdctions
“PM Cameron also ruled out blacklisting countries on the basis that they were zero- or very low-tax jurisdictions.” “Asked about blacklisting tax havens, the PM said: “We’re happy to support blacklists but we don’t think we should draw up a blacklist solely on the basis of a territory raising a low tax rate – we don’t… More Why For My Money, UK PM Cameron is the World’s Top International Tax Diplomat.
(Image: Martin Schulz re-elected President of the European Parliament. MEPs re-elected Martin Schulz as President of the European Parliament on Tuesday morning for another two and a half year term. The 58-year old German MEP will lead Parliament until January 2017) Here is the EU’s 2016 ‘Work Plan’ as effectively adopted by EU Parliamentarians; as prepared the… More EU Parliament Outlines 2016 Plans to Fight Aggressive Tax Avoidance & Evasion.
President of the EU Commission Jose Manuel Barros You really cannot make this stuff up! So the EU Commission publishes its long awaited tax haven blacklist of uncooperative countries.
British Virgin Islands’ Minister of Finance believes that competition and the dictates of the global tax transparency agenda continue to have a negative impact on the territory’s principal money earner – financial services. The significance of this activity cannot be overstated as its contribution to government earnings is estimated at 93.7%. Finance Minister Orlando Smith… More Tax Transparency Agenda Forces Diversification
You know the type, they have to run faster and jump higher. Whether at work or play, these “overachievers” get superior results through excessive effort. Driven to complete tasks above and beyond expectations, they often set very high, sometimes unrealistic, goals for themselves. In Alexandra Robbins. The Overachievers: The Secret Lives of Driven Kids, Robbins describes teenagers who… More When OFCs Become Chronic Overachievers; the Curse of the Capable