Your summary of the biggest tax, trade and investment headlines affecting International Business and Financial Services. France Attacks US Tech Firms. U.S and Listed Multinationals in Mexico Tax Avoidance Probe. Obama Rhetoric on Offshore Profits Criticised. Ethical Fund Manager Pulls Amazon Investment. New Pay-Up First Tax Avoidance Plan Criticised. EU Parliament Urged to Ban Shell… More franhendy’s OFFSHORE WEEKLY
(Here’s What You Missed Last Week and a Look Ahead.) Your Summary of the biggest tax, trade and investment headlines affecting International Business and Financial Services Safe Havens Regain Appeal. EU’s New Plan for Safer Banks. Obama Renews Corporate Tax Reforms Fear Be Dammed: Why It is Time to Invest in Emerging Markets. State Bank… More franhendy’s OFFSHORE WEEKLY
Your summary of the biggest tax, trade and investment headlines affecting International Business and Financial Services. Mo Farah Applies for Tax Exile. HMRC Uses Big Data and Social Media to Catch Tax Cheats. OECD BEPS Webcast: Registration Available. Denmark: Another European Tax Haven. Offshore Captive Insurance Still Under Fire in US. Still No Consensus in… More franhendy’s OFFSHORE WEEKLY
England did not lose its football game against Italy on Monday night; they simply deferred likely defeat by the Germans in the Euro semi-finals to the 2014 World Cup. In fact, it would seem that several members of the Three Lions squad know more than a thing or two about ‘deferrals’ both on and off… More Three Lions ‘Defer’ Taxes and a German Loss.
“Every little helps“. This is the marketing slogan of Tesco – British grocer and general merchandiser – and the third largest retailer in the world after Wal-Mart and Carrefour. With net income last year of £2.6bn Tesco understands that even the smallest contributions help the bottom-line, especially in a recession. Perhaps this is also the thinking of… More Olympic Torch Sales to be Taxed.
…was the response by Glaxo Smith Kline (GSK) to last Monday’s BBC Panorama ‘expose’ on the use of ‘round-tripping’ and ‘income stripping’ tax avoidance techniques by UK conglomerates like GSK and North & Shell. In its defence GSK points out that the company is a global with 95% of its sales outside of the UK with 20%… More “Extremely misleading and lacking in context”…