OP-ED: Why Europe is Ill-Suited For The Business of Blacklisting So-Called ‘Non-Cooperative’ Jurisdictions.

I AM  NOT  A FAN OF THE  USE  OF UNILATERAL MEASURES IN international  diplomacy;  including the use of tax haven or other types of blacklists related  to  compliance  with global  norms   on   transparency  and information   exchange.  Although   we often think of this kind of state action in the context of armed conflict where there are … More OP-ED: Why Europe is Ill-Suited For The Business of Blacklisting So-Called ‘Non-Cooperative’ Jurisdictions.

TIEAs Unworkable in Tackling Tax Evasion, Fraud and Criminality.

(Cayman Islands-Australia TIEA signing; Image:IslandJournal) Of course you already know this but for a recent illustration please read on. The Tax Information Exchange Agreement (TIEA) between the Cayman Islands and Australia is not retrospective and only applies  to tax periods beginning on July 1, 2010 going forward. This is understandable of course because not only … More TIEAs Unworkable in Tackling Tax Evasion, Fraud and Criminality.

Offshore Company Formation is Still Big Business

According to Appleby’s latest “On the Register” report, which provides insight and data on company incorporations in offshore financial centers, company formations in both London and Hong Kong are well above those recorded in 2009. In fact, Hong Kong, as a comparator, saw a 9 percent increase in the total number of active registered companies, with … More Offshore Company Formation is Still Big Business