Anyone
helping Atlanta-based credit bureau Equifax craft its most recent New Year's
resolutions would have done well to help it focus on overhauling its
information security practices, procedures and people. Indeed, the data breach
that began last March at Equifax and which it discovered months later rates as
one of the worst in history, with personal details for 145.5 million U.S.
consumers - as well as others in Britain and Canada - having been stolen."
Enemy of the State
Sergei Magnitsky - Wikipedia
'Vladimir Putin's number one enemy' calls on Australia to pass Magnitsky Act
Sergei Magnitsky
Veselnitskaya represented Denis Katsyv, the Russian owner of Prevezon Holdings, a real estate company accused of laundering proceeds in Manhattan real estate from a $230 million tax fraud allegedly committed after stealing Browder’s companies. The fraud, according to Browder, was uncovered by Sergei Magnitsky, a Russian lawyer and accountant who was arrested and who died in 2009 under suspicious circumstances in pretrial detention.Enemy of the State
Sergei Magnitsky - Wikipedia
His arrest in 2008 and subsequent death after eleven months in police custody generated outrage ...
*Putin regime is 'built on corruption,' opposition leader Alexei Navaly ...
Trump Tower Russian Lawyer, Natalia Veselnitskaya, Exposed in ...
The auditor-general (re report into Unscheduled Outages) has found problems with the way in which the Australian Taxation Office managed risks of its online services failing
Tax office underestimated online fail risk - Ramez Katf
ATO response to IT failures 'effective' despite poor planning: national auditor
A Chinese Casino Has Conquered a Piece of America Bloomberg Astounding story. Or once would have been, but now kinda “meh.”
North Korea Wins the Propaganda Gold US News
In America, mass shootings have become so familiar that they seem to follow the same sad script.
A measure to love: UN tax commission Global Alliance for Tax Justice
Rwanda: Students join in campaign against illicit financial flows Tax Justice Network – Africa
Inaugural National Students debate on tax justice and IFFs and the official launch of the Stop the Bleeding Campaign in Rwanda.
Africa loses $80bn annually through Illicit Financial Flows – Adeosun PM News Nigeria
‘Nigeria and global organisations, including the Organisation for Economic Cooperation and Development (OECD) and the World Bank Group, have agreed on high-level collaborations with Nigeria and other African countries to stop Illicit Financial Flows (IFF) in Africa’
Illicit financial flows and regional perspectives of the South Latindadd (In Spanish)
*Putin regime is 'built on corruption,' opposition leader Alexei Navaly ...
Trump Tower Russian Lawyer, Natalia Veselnitskaya, Exposed in ...
The New York Times
Tax office underestimated online fail risk - Ramez Katf
ATO response to IT failures 'effective' despite poor planning: national auditor
ATO systems outage audit prompts IT supplier SLA scrutiny - ARN
ATO outages: Audit finds BC flaws, progress - Computerworld
Australian Tax Office will replace IT hardware and software after SAN ...
North Korea Wins the Propaganda Gold US News
Mutualism: Reimagining the Role of Shareholders in Modern Corporate Governance Kara Stein, The Harvard Law School Forum on Corporate Governance and Financial Regulation
Major new iOS bug can crash iPhones and disable access to apps and iMessages The Verge and Picking Apart the Crashing iOS String In Pursuit of Laziness. And a new attack vector: Uber
Photography and the Philosophy of Time: On Gustave Le Gray’s Great Wave, Sète NoSite Dense but interesting long-form piece on photography and financial speculation (!), with a close reading of Le Gray’s print. “Exposure” common to both worlds, eh? Walter Benjamin would approve.
↩︎ The Boston Globe
On Twitter, Russian trolls, bots, and “influencers” are looking to deepen divides after the Florida school shooting.
On Twitter, Russian trolls, bots, and “influencers” are looking to deepen divides after the Florida school shooting.
↩︎ The Two-Way
It is often about time, says Diane Coyle in the FT "A simple theory of service sector productivity":
In many retail industries, higher productivity means faster service. There are many routine services where getting more for less requires less time to be spent performing them. This applies to parts of many sectors of the economy. There are past examples — think of the impact of the washing machine on doing the laundry or the ATM on taking money out of the bank — but now we are seeing much more automation in new areas such as legal search, scrutiny of medical tests and buying train tickets online. There is surely much further to go as artificial intelligence advances.
Of course a lot of service sector transactions aren’t so much about product quality as simply having a barrier removed from a basic enjoyment of life. How long did it take the CVS clerk or the DMV to serve you?
Should this point make us feel better or worse about the biases in productivity statistics? If nothing else, traffic congestion has become worse. On the other hand, with smart phones and iPads, waiting in line never has been better.
Taxing inequality
How should we deal with the
growing problem of global economic inequality? With the difficulties posed by
international co-operation in tax affairs, James Brumby and Michael Keen have
published a few ideas of what can be done by national governments now to
address the problem over at the IMF blog.
Ideas include removing
unnecessary exemptions that narrow the tax base and leave loopholes for the
wealthy to exploit. Another idea is to incentivise financial intermediaries to
become whistleblowers if they see something wrong in the system.
The full article, which
quotes TJN’s very own Alex Cobham, can be found here. A measure to love: UN tax commission Global Alliance for Tax Justice
Rwanda: Students join in campaign against illicit financial flows Tax Justice Network – Africa
Inaugural National Students debate on tax justice and IFFs and the official launch of the Stop the Bleeding Campaign in Rwanda.
Africa loses $80bn annually through Illicit Financial Flows – Adeosun PM News Nigeria
‘Nigeria and global organisations, including the Organisation for Economic Cooperation and Development (OECD) and the World Bank Group, have agreed on high-level collaborations with Nigeria and other African countries to stop Illicit Financial Flows (IFF) in Africa’
Illicit financial flows and regional perspectives of the South Latindadd (In Spanish)
Roll Up,
Roll Up: Asiaciti’s U.S. Marketing Tour ICIJ
A city-by-city travelogue shows the offshore specialist marketing trusts to American clients anticipating or in trouble with the law.
A city-by-city travelogue shows the offshore specialist marketing trusts to American clients anticipating or in trouble with the law.
Canada
Revenue Agency raids locations in Toronto, Calgary and West Vancouver in
Panama Papers probe CBC News
How to
Crack Down on Tax Havens The AtlanticBy TJN’s Nicholas Shaxson, author of Treasure Islands: Tax Havens And The Men Who Stole The World
Are Tech
Companies Avoiding Taxes? The National Interest
Cites TJN Director and Chair, John Christensen
Cites TJN Director and Chair, John Christensen
There is
no question: international tax rules are in need of deep reform
Public Finance International
More
Data Than Ever Before Added To The Offshore Leaks Database ICIJ
New data from the Paradise Papers will allow you to explore more information on companies registered in the Cook Islands, Samoa and Malta
New data from the Paradise Papers will allow you to explore more information on companies registered in the Cook Islands, Samoa and Malta
There’s
no case for a corporate tax cut when one in five of Australia’s top
companies don’t pay it ABC
Kazakhstan
to spend $60mn annually for three years on Astana International Financial
Centre bne IntelliNews
Israel:
What is the ‘Milchan Law’ that Netanyahu is accused of advancing for
bribes? The Times of Israel
‘ … critics say law has helped turn Israel into a paradise for tax evaders and money launderers’
‘ … critics say law has helped turn Israel into a paradise for tax evaders and money launderers’
How
Canada became an offshore destination for ‘snow washing’ The
Guardian
‘The country’s opaque jurisdictions allow owners of private companies to remain anonymous and the firms to remain in the shadows’
‘The country’s opaque jurisdictions allow owners of private companies to remain anonymous and the firms to remain in the shadows’
Shell
companies: Peru leader accused of taking bribes through company based at
Scots law firm Herald Scotland
With
corruption investigations widening, oil companies face reckoning
The Houston Chronicle
US
Subsidiary of Dutch Bank Rabobank to Pay US$369million fine
OCCRP
‘ … pleaded guilty to obstructing an investigation into money laundering by Mexican drug cartels’
‘ … pleaded guilty to obstructing an investigation into money laundering by Mexican drug cartels’