Just a Clerical Error?

Plastic buckets from the Czech Republic imported into the United States with a declared price of $972 per bucket! Bulldozers exported to Colombia at $1.74 each, Toilet tissue from China imported at the price of over $4,000 per kilogram! Perhaps the price includes outstanding royalties , since the Chinese are credited with the invention of… More Just a Clerical Error?

Going Public: UK, EU and US to Unmask Real Owners of Companies….Will Trusts Be Next?

Today in London at the Open Government Partnership Summit, Prime Minister Cameron announced his government’s plans to make public, national registers of the ‘true’ , ‘shell’, ‘real’ or ‘beneficial’ owners of companies. In the company of the Presidents of Tanzania and Liberia, Cameron said that “a list of the owners of “shell” companies where firms keep… More Going Public: UK, EU and US to Unmask Real Owners of Companies….Will Trusts Be Next?

Do Canada’s Reforms Promote Tax Fairness?

(Image: CNN.Money) Is Canada legislating ‘tax fairness? If so, for whom? Here’s a list of some proposed changes about which the Canadian government has invited consultations until September 13; a week after this year’s G20 summit takes place in St. Petersburg Russia. A new regime for Canadian foreign affiliates to guarantee an appropriate income inclusion for… More Do Canada’s Reforms Promote Tax Fairness?

Tackling Tax Evasion: New Year’s Resolutions.

Here’s what EURODAD -the European Network on Debt and Development – believes should feature on the list of New Year’s Resolutions for both developed and developing countries to remove the veil of ‘secrecy’ that shrouds the true (or beneficial) ownership of companies and other structures like trusts and foundations which, when abused by tax evaders,… More Tackling Tax Evasion: New Year’s Resolutions.

This is a Raid!!

….must have been the cry of French and German tax authorities (in their native tongues of course) as earlier this week they entered the private homes of top UBS officials in Lyons, Bordeaux and Strasbourg; and Credit Suisse customers in Bochum and Dusseldorf in search of evidence of tax evasion facilitation and money-laundering. Although Switzerland and… More This is a Raid!!