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(English) Banking on National Economic Suicide

(English) Senator Rubio, Representative Posey, and other Lawmakers Fighting to Stop IRS Proposal that Would Drive Investment from U.S. Economy

by Dan Mitchell

There hasn’t been much good economic news in recent years, but one bright spot for the economy is that the United States is a haven for foreign investors and this has helped attract more than $10 trillion to American capital markets according to Commerce Department data.

These funds are hugely important for […]

(English) Tax havens at the core of the Greek crisis

By Nicholas Shaxson

November 26th, 2011

Published on Task Force – Financial Integrity & Economic Development

Half a century ago, the global financial architecture was, as a result of lessons learned from the Great Depression, heavily fragmented and flows of capital across borders were quite tightly constrained by capital controls . The quarter century after […]

(English) Too Big to Pay Taxes from The Tax Updates INTAX INFO Newsletter

Everybody knows multinational corporations are not paying U.S. taxes

U.S. senator Bernie Sanders is trying to draw attention to the biggest multinational companies which are not paying taxes and, even more, receive rebates from U.S. government.

[…]

(English) Owens Foresees the End of Tax Havens

From The International Tax Review

Jeffrey Owens, director of the OECD Centre for Tax Policy and Administration, believes the Organisation’s reviews of transparency and information exchange will see the end of tax havens.

“Tax havens are going to cease to be tax havens at the end of this process,” Owens said. “We’ve changed attitudes among […]

(English) Responsible Mining

Inocencio Galindo de O.

The concern of environmentalists and indigenous Panamanians over changes to the Mining Code are understandable. Being a high-impact activity, mining must be carried out in a responsible fashion, meet the highest standards, and have adequate oversight.

However, the way certain opponents of the new law have manipulated and misinformed the public […]

(English) Obama’s Revival of Clinton-Era Interest-Reporting Regulation Threatens U.S. Economy

By The Center for Freedom and Prosperity

(Washington, D.C., Thursday, January 6, 2011) President Obama’s Treasury Department has proposed a new Internal Revenue Service regulation (REG-146097-09) that would overturn existing law and force American banks to report the interest paid to all nonresident aliens. This ill-considered rule is a retread of a Clinton-era proposal that […]

En Busca de Sociedades Anónimas Fantasmas: Un Estudio de Auditoría de Anonimidad y Crimen en el Sistema Financiero Internacional

From The Journal of Economic Perspectives

By Jason Sharman

Fall 2010

Abstract.

The last few years have seen an international campaign to ensure that the world’s financial and banking systems are “transparent,” meaning that every actor and transaction within the system can be traced to a discrete, identifiable individual. I present an audit […]

(English) The G20 and Tax Haven Hypocrisy, From The Economist print edition Mar 2009

The G20 and Tax Haven Hypocrisy Thursday, April 02, 2009 Mar 26th 2009 | BERLIN From The Economist print edition Big economies are leaning on offshore tax havens. But greater abuse may be taking place at home MONEY launderers are moved by greed, unlike Jason Sharman, a political scientist at Australia’s Griffith University. Yet with […]

(English) New Barbados- Panama Treaty – Follows OECD Model

By Bruce Zagaris

Reprinted from Tax Notes Int’l, July 5, 2010, p.14

https://sites.morimor.com/wp-content/uploads/sites/20/2010/11/Pan-BdsFinalDTA59TI0014-Zagaris.pdf