Happy 25th year, blogging. You've grown up, but social mediais still ...
The Guardian
Happy 25th year, blogging. You’ve grown up, but social media is still having a brawl
OECD report on combatting tax crimes in APEC economies
The OECD has released a report Combatting Tax Crimes More Effectively in APEC Economies recognising the critical role that the fight against tax crimes and other illicit financial flows plays in building resilient economies.
The report was called for in APEC's Cebu Action Plan, a roadmap for a more sustainable financial future for the APEC region. It focuses on the legal instruments, policy tools, and capacity building initiatives that are available to enhance the fight against tax crimes in APEC economies.
The report highlights the standards and best practices available, including the importance of collective efforts by multiple agencies within a jurisdiction. Australia's Serious Financial Crime Taskforce (SFCT) has been cited as a successful example of this approach. The SFCT aims to align the priorities and resources of Commonwealth law enforcement and regulatory agencies to target the highest risk priorities, through an intelligence-led approach. Using the joint effort as an opportunity for information sharing, the SFCT has within three years, raised $738m in tax liabilities and recouped $288m.
Source: OECD media release, 15 October 2019
Who has a right to the taxes of multinationals? (17 Oct 2019)
- Reliance on information from banks hindering corruption and money laundeirng investigations (17 Oct 2019)
- Who is behind the wheel? Fixing the global standards on company ownership (17 Oct 2019)
- Newly uncovered tax documents show Trump 'kept two sets of books (17 Oct 2019)
- HMRC loses inheritance tax case against Jersey trust (17 Oct 2019)
- UBS pays more than 10 million euros to settle Italy money laundeirng probe (17 Oct 2019)
- State-Aid: The constitutional implications of an EU arm’s length principle (17 Oct 2019)
- Estimating the scale of profit shifting and tax revenue losses related to foreign direct investment - around $420 billion in corporate profits are shifted to tax havens (17 Oct 2019)
- Profit shifting: How multinationals continue to avoid paying hundreds of billions of dollars in tax (17 Oct 2019) <>
- UK Treasury publishes Isle of Man VAT review (17 Oct 2019)
- Isle of Man cleared over private jet VAT avoidance (17 Oct 2019)
- Revolving Doors: Treasury Attorney Joins KPMG After Helping Write US Tax Law (17 Oct 2019)
- Italy unveils new landmark tax on internet giants (17 Oct 2019)
- EU risks trade fight over carbon border tax plans (17Oct 2019)
- Global economy faces $19tn corporate debt timebomb (17 Oct 2019)
- IMF: Global Financial Stability Report October 2019 (17 Oct 2019)
- Al Capone's conviction for tax evasion: a brief guide (17 Oct 2019)
- Tax havens, think tanks and private members’ clubs: the super-rich elite funding Nigel Farage’s Brexit Party (16 Oct 2019)
- Will Brexit Britain be able to tax tech giants if the EU does (15 Oct 2019)
- France urges EU tax on airplane and ship fuel (15 Oct 2019)
- OECD Plan: Countries Can Better Tax Gains from Offshore Sales
- David Leonhardt (New York Times), The Rich Really Do Pay Lower Taxes Than You (Oct. 8, 2019)
- James Freeman (Wall Street Journal), New Problems With Elizabeth Warren’s Inequality Math
- Emmanuel Saez (UC-Berkeley) & Gabriel Zucman (UC-Berkeley), How To Tax Our Way Back To Justice (Oct. 14, 2019)
In
reality, how taxes are distributed across income groups is hotly
debated by economists—with enormous policy consequences. New findings by
economists Emmanuel Saez and Gabriel Zucman of the University of
California, Berkeley, have added fuel to this debate, challenging the
conventional view that the poor pay relatively little and that effective
tax rates rise with income.
MEdia Dragon: Crawl data analysis of 2 billion links from 90 million domains offer glimpse into today’s web via SearcEngineLand: Data analysis reveals the distribution of PageRank is highly right-skewed meaning the majority of hosts have very low PageRank – “The web is not only essential for people working in digital marketing, but for everyone. We professionals in this field need to understand the big picture of how the web functions for our daily work. We also know that optimizing our customers’ sites is not just about their sites, but also improving their presence on the web, which it is connected to other sites by links. To get an overall view of information about the web we need data, lots of data. And we need it on a regular basis. There are some organizations that provide open data for this purpose like Httparchive. It collects and permanently stores the web’s digitized content and offers them as public dataset. A second example is Common Crawl, an organization that crawls the web every month. Their web archive has been collecting petabytes of data since 2011. In their own words, “Common Crawl is a 501(c)(3) non-profit organization dedicated to providing a copy of the internet to internet researchers, companies and individuals at no cost for the purpose of research and analysis.” In this article, a quick data analysis of Common Crawl’s recent public data and metrics will be presented to offer a glimpse into what’s happening on the web today…”
Google’s new voice recorder app transcribes in real time, even when offline - TechCrunch: “At Google’s hardware event this morning, the company introduced a new voice recorder app for Android devices, which will tap into advances in real-time speech processing, speech recognition and AI to automatically transcribe recordings in real time as the person is speaking. The improvements will allow users to take better advantage of the phone’s voice recording functionality, as it will be able to turn the recordings into text even when there’s no internet connectivity. This presents a new competitor to others in voice transcriptions that are leveraging similar AI advances, like Otter.ai, Reason8, Trint and others, for example. As Google explained, all the recorder functionality happens directly on the device — meaning you can use the phone while in airplane mode and still have accurate recordings.
“This means you can transcribe meetings, lectures, interviews, or anything you want to save,” said Sabrina Ellis, VP of Product Management at Google….”