I had to laugh at what Richard Brooks, author of The Great Tax Robbery, had to say about HMRC: “The reports of their success are a sort of exercise in fiddling the figures themselves – just like the tax dodgers.” HMRC tax avoidance dispatches greg wise Channel 4
“Recent research suggests female directors exert more stringent monitoring over the financial reporting process than their male counterparts.
Robert Goulder, Revenue Losses From Profit Shifting: The Numbers Tell a Story (Tax Analysts Blog)
9 Key Points About Trump’s Income Taxes (And Many More Questions)David Cay Johnston, National Memo (Kim Kaufman)
"Trust No One as IRS Whistleblower Awards Jump 98%"
The IRS's Whistleblower Office has released its FY 2015 Annual Report to Congress
Illicit financial flows: the links to peace and security concerns
VimpelCom Limited and Unitel LLC Enter into Global Foreign Bribery Resolution of More Than $795 Million; United States Seeks $850 Million Forfeiture in Corrupt Proceeds of Bribery Scheme
Peter Reilly, Oxymorons In The Tax Law Can Not Be Fixed With Clever Ideas. “The clever idea that Larry and Dora Williams had was to generate some passive income to abosorb their passive losses.”
Career Corner. Reminder: Don’t Let Inside Information Turn Into a Career Limiting Move (Leona May, Going Concern). “Regardless of how you learn the inside information, don’t trade on it. Regardless of whether or not you’ll explicitly benefit, Don’t share the information -– especially not with your greedy brother-in-law.”
American Fortune 500 corporations are avoiding up to $695 billion in U.S. federal income taxes by holding $2.4 trillion of “permanently reinvested” profits offshore
IRS: Efforts To Access Taxpayer Accounts Twice As Bad As Originally Thought (TaxGrrrl)