Rich Chinese outnumber wealthy Americans for first time

There’s an old saying in the tech field: If a service is free, you are not the customer: you are the product being sold.

Rich Chinese outnumber wealthy Americans for first time, Credit Suisse says The Star

TPB refines focus on high risk tax practitioners

Public Accountant by Maja Garaca Djurdjevic Speaking in a Reuters webinar, CEO of the Tax Practitioners Board (TPB) Michael O’Neill said the regulator is clamping down on high-risk tax practitioners as it moves to better regulate the profession on the back of the findings of the Royal Commission into Misconduct in Banking and Financial Services. He explained that the TPB is currently engaged in differentiating between agents who are trying to do the right thing, but occasionally stumble, and those high-risk practitioners that are knowingly reckless. “It is a very small proportion of the population, but it is a proportion that has a lot of leverage,” Mr O’Neill said. Last year, the TPB terminated 75 practitioners, compared to 24 a year earlier. However, with the TPB’s stricter compliance approach, terminations have hit 79 this year.

 ATO to refine tax practitioner risk model amid black economy ...

'It is all part of the same disease': media and other key institutions under threat

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THE CHINA PROBLEM: China’s Rivers Are the Major Source of Plastic Entering the Oceans.

Everyone Is a Russian Asset Matt Taibbi, Rolling Stone

America Sponsors Far-Right Holocaust Revisionist Exhibit in Kiev, Part I Yasha Levine

EY, PwC fly, dine and accommodate ATO officials at ...

EY, PwC fly, dine and accommodate ATO officials at conferences ... to send another official to Paris for its global conference on corporate tax, ...

Hitman hires hitman who hires hitman who hires hitman who hires hitman who tells police.

2017 Tax Law Cost Artists Because They Lost Expense Deductions. Now They Want It Changed

In the past, many actors would list these expenses as miscellaneous itemized deductions on their taxes. But the 2017 tax reform law eliminated that provision, affecting thousands of performing artists who had used those deductions for work-related expenses. Now unions representing Hollywood performers are pushing Congress to fix the problem. –Los Angeles Times






Tens of thousands of people have received demands to repay alleged overpayments of government benefits – often decades old – plunging them into a Kafkaesque struggle against a faceless bureaucracy
Zombie debts are hounding struggling Americans. Will you be next? Guardian 

In this month’s episode of Tax Injustice we speak to Gabriel Zucman about his new book with co-author Emmanuel Saez – The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.

Plus, as Extinction Rebellion holds protests around the world over the climate emergency, we point the finger at the surprisingly small number of companies which determine whether investment will go into a better future, or onto a continued path of destruction. How can tax justice and a different vision of growth lead us back from the brink?

Also featuring John Christensen of the Tax Justice Network. Produced and presented by Naomi Fowler.

"So many people have become convinced that with globalisation and modern technology it has become very hard or impossible to tax the rich, to tax big multinational companies. And what we want to say is that this is wrong. The choice is ours when it comes to the future of tax justice, if there is a political will, there is a bright future for tax justice"

~ Gabriel Zucman