~ W. Edwards
‘Explosive’ Papers Seized From Private Detective Investigating MH17 CrashSputnik News
What Jar Jar Can Teach Us About Free Speech A long time ago in a con law classroom far far away...
Cara Griffith, Off the Record, on Background, and Closed Events: A Bias Against Being on the Record? (Tax Analysts Blog). Cockroaches, politicians and bureaucrats all prefer to work in darkness
I got an email late last week from the National Audit Office inviting me to explore the latest Whole of Government Accounts. Given that I may be one the handful of people in the UK who does read these accounts I marked the mail for attention later and just took a look. I was presented with th(e following) graphic ... Whatever the NAO was trying to communicate they have clearly failed to do so...
*Vancouver Mayor Mulls empty homes taxA plausible explanation for the crazy house prices in Oz and NZ (but no crash): money laundering from China
http://www.interest.co.nz/news/81902/how-clean-are-our-banks-mortgage-books-we-have-been-contacted-local-stories-about-sameThe mule wildly exaggerates his income (the familiar part of the story), but then pays down (almost) the whole mortgage early with a big lump sum.
The proceeds of the eventual property sale would be clean funds.This is low risk business for the banks (LTV aggregated over the loan portfolio is small) but also not very profitable (because of the early repayment). So they’ve noticed.Rumours that 40% of NZ resi business is basically this wheeze, not sure about Oz but they certainly have some of the same.
Financial secrecy: five tricks of the trade
Call for more Marxism in Chinese economics Financial Times
Economists React: China Manufacturing Activity Data Paint Mixed Picture WSJ China Real Time
The ECB’s Illusory Independence Yanis Varoufakis, Project Syndicate
“The city of Mesa, Arizona, has threatened suit against a local businessman, Jeremy Whittaker, who is running for city council in opposition to a longtime city employee who enjoys endorsements from several current elected city officials. His offense? His lawn signs and campaign literature include a single-color version of the city’s logo …as a handy way of identifying the office for which he is running.” It has demanded he surrender all his campaign materials bearing the logo, but he’s not planning to give in. [Paul Alan Levy, CL&P via Mike Masnick, TechDirt]
One of the most influential business op-eds of the decade was Marc Andreessen’s August 20th, 2011 piece in the Wall Street Journal entitled, “Why Software is Eating the World.” It was written during a period where business/economic people were still focused on the financial crisis, while European government debt was imploding, and while the US Congress was contemplating defaulting on the national debt. Not many people were focused on tech.
The overselling of financial transaction taxes
Ireland accused of enabling 'massive tax avoidance'
HMRC high-value tax cases drop 15%
Report: Panama Papers implicates thousands of Americans
Now's the time for this government to act on tax avoidance
Bankers Linked to Tax Evasion Face Tougher Penalties in Denmark
Royals took advantage of Spain's tax evasion amnesty
KPMG promoted hiding money from wealthy clients' ex-spouses in offshore 'sham'
T-Mobile's plan to give away free stock could create a tax headache for millions of first-time investors