Links Sep 3
United States and Switzerland Issue Joint Statement Regarding Tax Evasion Investigations U.S. Department of Justice
See also: Press unenthusiastic about US tax deal swissinfo and Bankers regret past conduct But does this translate into ceasing such activity for clients around the globe?
Senate moves to end anonymous shell companies to crack down on money laundering, tax dodging and corruption Global Witness
Cyprus Bank’s Bailout Hands Ownership to Russian Plutocrats The New York Times
Samoa: Tax ‘secrecy’ faces new threat Samoa Observer
"Samoa’s offshore industry is facing a new threat to revenues with the signing of a major tax agreement between China and other tax authorities"
Labuan, a tropical safe Le Temps (In French)
"The Malaysian island of Labuan dreams of copying Liechtenstein."
‘Taking from the poor to give to the rich’ presseurop
"The Isle of Man, Jersey and Guernsey welcome billionaires who want to cheat the tax man. But campaigns against tax evasion have eroded these tax havens' revenues and even they have been forced to resort to budget cuts."
Liechtenstein Adopts Implementing Law For Austrian Tax Deal Tax-News
Liechtenstein: Banks issue voluntary tax compliance guideline “to keep untaxed assets away” Financial Secrecy Media Monitor
Bermuda: Ministry Responds To France “Tax Haven” List Bernews
Vodafone's £84bn tax avoidance bonanza: Nothing for taxpayers in Verizon deal while bankers share £500m in fees The Independent
See also: Should the Public Accounts Committee investigate Vodafone? My answer is an emphatic ‘yes’ Tax Research UK
Italy introduces tax on high-speed trade and equity derivatives Financial Times
Is Bitcoin the New Tax Haven? TaxProf Blog
Vulture funds: US court ruling on Argentina enrages debt justice campaigners Eurodad
Seychelles tops list of most indebted nations The Guardian