Monday, September 09, 2019

Blockchain Havens

There is a diary haunting Parliamentary Latitude ...



Do Our Jobs Define Us?


“A recent study of priorities among young people foundthat achieving one’s career passion ranks highest of all — more than making money or getting married. Finding a fulfilling job is almost three times more important than having a family, teenagers in the study reported. It is daunting to contemplate.” – The New York Times
As part of a new project on tax morale, the OECD has recently reanalysed the results of a survey of business perceptions on tax certainty, to identify the constraints and concerns they face in paying in taxes around the world.
Available: 11 September 2019 

The Charles Bridge in Prague by night



The newspaper clipping that confirmed a criminal politician was bluffing

'You can ask the court in Sydney whether what I’m saying is true or not,' the minister said. So we did.



Idleness The Point


'Don't let the naysayers kill good ideas': ATO's plea to practitioners


AccountantsDaily
Speaking at Xerocon 2019, ATO second commissioner Jeremy Hirschhorn said that while the Tax Office always welcomes feedback when it implements new changes, it is hoping for the “quiet majority” to stand up and acknowledge good changes to the system, rather than letting negative voices dominate the discussion.
“When there is change coming, and you think this is actually a good change, maybe a little bit of a hump to get there, but it’s a good change and it will improve the system, and you see people who are saying, ‘This is the end of the world, it’s a disaster’ — they’re very noisy. Please don’t stand by and let them be the only ones shouting,” Mr Hirschhorn said.
 


Marian (UC-Irvine), Blockchain Havens and the Need for Their Internationally-Coordinated Regulation, 20 N.C. J.L. & Tech. 529 (2019):

This paper describes the rise of a new form of regulatory havens. Jurisdictions that have traditionally been characterized as “tax havens” are gradually becoming hubs for blockchain-based ventures. These jurisdictions attract blockchain entrepreneurs by offering refuge from regulatory and tax burdens imposed by developed economies. These new “Blockchain Havens” create a regulatory “race to the bottom” that is traditionally associated with the world of international tax evasion and avoidance. Over the past several years, developed economies have put to use—mostly through coordinated efforts—several regulatory frameworks aimed to address some of the negative effects of tax havens. These regulatory instruments are aimed against the haven jurisdictions themselves, or the private institutions operating in such jurisdictions. However, this paper argues that the unique nature of blockchain-based technology—most importantly, decentralization and temper resistance—makes such traditional anti tax haven policies ineffective in the blockchain context.

Using tax havens – the not so bad, the bad and the downright ugly!   Bob Deutsch




Many Workers Would Choose Wearing Jeans to Work Over a $5,000 Raise


randstad US survey finds casual dress is (almost) always in fashion in today’s workplace. 33 percent of employees prefer an informal dress code to an extra $5K in salary“Randstad US today released results of a survey exploring American employees’