Friday, August 01, 2008

Guevara had a charismatic attraction in real life, long before he became a Mantegna icon in death and a hypnotic image on a pop art poster in the age of Andy Warhole.
Richard Gott

Kieber's action has now triggered tax probes across 14 countries relating to 1400 individuals. This is looking familiar to followers in Australia of the Offset Alpine Printing saga that came to light in 2003. That involved broker Rene Rivkin explaining to a Swiss district attorney in 2002 details of how he had been operating Swiss bank accounts for decades, which more recently had involved Kennedy and Richardson. Tax haven secrecy tests staff loyalty and ethics … In many cases, holding money in an offshore tax haven is perfectly legal. [ UK -New deal offered on tax haven cash ]

Can we change the heartbeat of death and taxes? RICH PICKINGS: Nothing New Under the Sun and Cold River
Frank Lowy spent 10 years on the Reserve Bank board, from 1995 until 2005. Precisely the period during which we are now told according to allegations

Experience has shown that many taxpayers who use these tailored financial structures in tax havens are engaging in tax evasion." There had been "difficulties" in applying Australian taxation laws to non-common law entities such as Liechtenstein foundations, it said. Bank accounts, corporations, trusts, and foundations in tax havens are shrouded in secrecy because they can’t stand the light of day. It’s long past time to shine the light on tax haven abuses and stop the tax dodgers from offloading their tax burden onto the backs of honest citizens …

Lowy and tax havens; [; Silo Breaker ; Sydney Stories; The tax affairs of the Lowy family are again being investigated. In the mid-1990s, the Australian Taxation Office (ATO) audited the Lowys' Westfield Group. Lowy, a turncoat and mystery $48m ; Google line up ]
• · Lowy is actually the second Aussie billionaire to be investigated by the Australian government in recent years. In October, Richard Pratt, worth $2.1 billion, apologized for his role in a price-fixing cartel between his Visy corrugated box company and its main competitor, Amcor. In that case, Visy paid the Australian government a $33 million fine. In the latest update of that saga, Pratt is now facing charges he lied during the price-fixing probe. His lawyers' reported retort: The Australian government regulator is abusing power Visy Forbes ; Many of the world's richest people have been suspected of tax evasion, but only a few have actually been convicted of cheating the government out of revenue--and nearly all have involved U.S. taxpayers. That could be changing, particularly in Europe, where the German government is going after clients of a bank in the tax haven of Lichtenstein. Here's a list of some of the world's richest tax dodgers in recent years. In Pictures: The World's Wealthiest Tax Cheats ; Wealthy Americans are hiding about 1.5 trillion dollars in overseas tax havens in a "deceptive" partnership with top foreign banks …The U.S. Senate Permanent Subcommittee on Investigations has long had an investigative interest in U.S. taxpayers who use offshore tax havens to hide assets and evade taxes. Tax Professor; I broke the story of Frank Lowy’s first costly punch-up with the Australian Taxation Office, writes Alex Mitchell. Frank Lowy, my part in his tax bill
• · beSpacific is in great company along with the Wall Street Journal Law Blog, The Volokh Conspiracy, and the International Economic Law and Policy Blog among a wide range of outstanding topical blogs well worth your review. Media Dragon: Top 100 Law and Lawyer Blogs Law blogs; A big target with another battle to fight. Australian Financial Review, 24/07/2008 Last year the Howard government passed what some called the Lowy amendment. As part of the new tax treaty with the US, Australian real estate investment trusts gained the ability to offer capital gains tax rollover relief to potential targets across the Pacific Money Race Widget Empowers Bloggers
• · · A survey of U.S. journalists by Brodeur, a unit of Omnicom Group suggests that blogs are not only having an impact on the speed and availability of news, but also influence the tone and editorial direction of reporting. (pdf) Brodeur Journalists Survey Identifies Blogs’ Influence on Traditional News Coverage; Science 2.0: Great New Tool, or Great Risk?
• · · · Heather A. Phillips reviews a new book whose main focus is on uses on six major criminal cases of the 1990s, as well as one that concentrates on the details of what really happens when the media circus invades the courthouse, and the effect it has on both the trial participants and the verdict. Like many others who watched the news in the 1990s, the authors were dismayed by the thousands of hours devoted to “infotainment” stories such as the O.J. Simpson trial, the JonBenet Ramsey case, and the Lorena Bobbit trial. They coined the phrase ‘tabloid justice’ to describe these cases and their impact on journalism. The move away from descriptive reporting toward journalistic practices that focus on the sensational, marginal and personalized aspects high-profile legal cases, the authors contend, has done the viewing public no favors Tabloid Justice: Criminal Justice in an Age of Media Frenzy and The Star Chamber: How Celebrities Go Free and their Lawyers Become Famous ; Staying current on the latest cases and news in the area of class actions can be challenging, but Scott Russell's guide to reliable subscription based publications, free legal sites and blogs that offer timely news, analysis and selected copies of court filings, is a valuable resource Keeping Up with Class Actions: Reports, Legal Sites and Blogs of Note
• · · · · Meet the American daily newspaper of 2008. It has fewer pages than three years ago, the paper stock is thinner, and the stories are shorter. There is less foreign and national news, less space devoted to science, the arts, features and a range of specialized subjects. Business coverage is either packaged in an increasingly thin stand-alone section or collapsed into another part of the paper. The crossword puzzle has shrunk, the TV listings and stock tables may have disappeared, but coverage of some local issues has strengthened and investigative reporting remains highly valued The Changing Newsroom: What is Being Gained and What is Being Lost in America's Daily Newspapers? ; Project for Excellence in Journalism, Sydney Journalists Food Authority Penalty Notices issued: the outlets you should know about
• · · · · · There is an element hypocrisy in Western society when it comes to polygamy Polygamy: lust or love ; Crikey can exclusively reveal that the secretive Christian sect, the Exclusive Brethren, has gone to great lengths to obtain parliamentary lobbying status for two of its leading Sydney members. Because parliament was in recess pending the March 24 election, it is unclear whether they co-signed authority for the passes or it was processed by the clerks, Russell Grove (Legislative Assembly) and Lynn Lovelock (Legislative Council). Love of Lobbying; Politicians toing -and- throwing overseas ; Russell Grove has been Clerk of the Legislative Assembly since 1990, having entered Parliamentary Service in 1971. As CEO of the Legislative Assembly he is the principle adviser on parliamentary law, practice and procedure to the Speaker, the Hon. Richard Torbay. He was awarded the Public Service Medal (PSM) for services to the NSW Parliament in 2000, and made a Paul Harris Fellow in 1997 for service to the international community particularly in the area of developing countries. Russell has been a member of the Parliament’s Artworks Committee since its inception. Controversy Erupts in the Public Service Association