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(English) Switzerland Must Stand Up For Its Financial Centre, Says Geneva Professor

Philippe Braillard, University of Geneva , Emeritus Professor, 4 March 2016

A senior academic figure in Switzerland says the Alpine state needs to be more assertive in protecting its banking sector and condemns what he sees as the double standards of countries such as the US.

http://www.wealthbriefing.com/html/article.php?id=167751#.VtmVh-bFkVt

The following opinion item, written by Philippe […]

(English) Common Reporting Standard must include all major financial centres to be effective, warns the IFC Forum

February 25, 2016

Written by IFC Forum

Published in Legal

The global tax compliance landscape has significantly evolved in recent years as governments, international bodies and financial institutions have come together to share information to tackle cross-border tax evasion. Most recently, the OECD launched the Common Reporting Standard (CRS) to fight international tax evasion. Over […]

(English) Forget Panama, try Belgium for a cozy tax deal

The European Commission has concluded that selective tax advantages granted by Belgium under its ‘excess profit’ tax scheme are illegal under EU state aid rules.

George M. Mangion Published on Malta Today 3 March 2016, 8:03am

The European Commission is looking at Member States to assess compliance with EU state aid […]

(English) Letter from James Bacchus to Jose Angel Gurria

http://sites.morimor.com/wp-content/uploads/sites/20/2015/12/Letter-A.-Gurria-from-J.-Bacchus.pdf

(English) Pfizer Chief Defends Merger With Allergan as Good for U.S

By MICHAEL J. de la MERCED, DAVID GELLES and LESLIE PICKER

Published November 23,2015

The New York Times

In phone calls to Washington lawmakers and Obama administration officials, the chief executive of the largest drug maker in the nation had a surprising message: A deal that would allow the company to move its […]

(English) US overtakes Caymans and Singapore as haven for assets of super-rich

Simon Bowers

The Guardian

November 2nd, 2015

But financial secrecy index report notes if UK and affiliated tax havens such as Jersey were treated as one, it would top the list

Obama’s US has been praised for prising asset information from offshore banks, but TJN says it gives little in […]

(English) The U.S. Is Now A Top Global Tax Haven

The Huffington Post Willa Frej November 3rd, 2015 The United States has become a top tax haven for foreign companies, despite the Obama administration’s efforts to crack down on U.S. firms stashing money overseas.

The U.S. came in third place on the Tax Justice Network’s biannual Financial Secrecy Index , behind Hong Kong and […]

(English) Destroying the economy in order to save it

By Richard W. Rahn

Published October 20, 2015

The Washington Times – www.washingtontimes.com

REGULATORS WARM TO THE HARM THEIR RULES CREATE

If one phrase encapsulated the Vietnam War, it was this: “We had to destroy the village in order to save it.” Those in the political class in Washington have learned nothing, but perhaps more […]

CE pospondrá exclusión de Panamá hasta finales de 2015

By Victoria Isabel Cardiel C., Rome 04 jul 2015 Prensa

The European Commission (EC) has postponed the updating of a list of tax havens, which includes Panama, until the end of year.

Panama has protested its inclusion on the list, citing tax agreements it has reached with numerous European countries and saying the commission used […]

(English) Deconstructing the European Union’s Convoluted New Attack on “Tax Havens”

June 22, 2015 by Dan Mitchell

Europe is suffering from economic stagnation caused in part by excessive fiscal burdens.

So what are European policy makers doing to address this problem?

If you think the answer might have something to do with a shift to responsible fiscal policy, you obviously have no familiarity with Europe’s […]