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MIGHTY O.E.C.D. HOG TIED
The continuing dispute between Spain and the UK over GIBRALTAR continues to interfere with OECD plans on taxes and info exchange.More on this story here.
SWISS PRIVATE BANKS PRESSURED
In spite of record profits, traditional Swiss private banks are feeling the merger heat from major international banking firms.More on this story here.
E.U. BUREAUCRACY BLOATS
Possible EU enlargement could mean 400 more bureaucrats.More on this story here.
Why is second citizenship increasingly popular? Find out here,More on this story here.
U.K. MONEY LAUNDERING HEATS UP
LONDON. The Financial Services Authority hones in on dirty money as the FSA expands new rules and cases rise to record highs.More on this story here, here, here.
BELIZE ECONOMY GROWS, PROBLEMS REMAIN
A recent IMF study shows GDP growing, inflation low and net reserves up. But lots must be done.More on this story here.
BERMUDA EXCHANGE TOPS
Bermuda Stock Exchange (BSX) recorded a 52%t increase in its 2000 share index, the world's top performing market for the year.More on this story here.
DUH! DUMB U.S. INVESTORS
Most US investors are seriously uninformed about the risks they face in a sinking stock market.More on this story here.
ASIA RESISTS ECONOMIC TURMOIL
Surviving the latest round of emerging market turbulence shows Asia's resistance to financial woes striking elsewhere.More on this story here.
BARINGS BANK LINGERS ON
The long-awaited court case to decide who pays the bill for the demise of Barings Bank is postponed again.More on this story here.
U.S.-U.K. TAX TREATY DISPUTE
Already the new treaty's supposed tax savings are in dispute.More on this story here.
EU W/H TAX, INFO EXCHANGE
EU officials want to tax cross border interest payments and impose international information exchange, but the US, Liechtenstein, and Switzerland wont cooperate so far, thank you.More on this story here.
E.U. HITS DUTCH TAX BREAKS
The EU's Competition Commissioner charges the Netherlands gives disproportionate tax advantages to international companies.More on this story here.
AUSTRALIAN TAX SCHEMES
CANBERRA. The Australian Tax Office may slap financial penalties on promoters of shady tax schemes.More on this story here.
U.S. TAX COMPLIANCE COSTS
Meeting IRS requirements cost billions of dollars and hours.More on this story here.
600 MORE I.R.S. AGENTS
The US IRS wants to hire 600 more special agents nationwide to investigate criminal fraud and money laundering.More on this story here.
GOVERNMENT EYES HAVE IT (AND YOU)
LONDON. A revolutionary eye-scanning technique for clearing customs and immigration control goes on trial at Heathrow this fall.More on this story here.
JUDGE SAYS EXPLAIN D.O.J. SNOOPING METHODS
US government surveillance techniques may violate privacy rights.More on this story here.
LEVIN OFFSHORE ATTACKS CONTINUE
WASHINGTON. Using the tired excuse of fighting dirty money laundering, Sen. Carl LEVIN (D-Mich) has introduced yet another bill which would severely restrict offshore banking and further reduce offshore financial privacy for US persons.More on this story here and here.
O.E.C.D. - WHO CARES? DEPARTMENT
PARIS. Abandoned by the US, the OECD says it will extend its "deadline" for action against tax havens indefinitely.More on this story here.
B.V.I. WARNS O.E.C.D.
ROAD TOWN, B.V.I. Ralph O'NEAL, Chief Minister of the British Virgin Islands, warns the OECD it had better consult small tax havens,or else!More on this story here.
NO CAYMANS INCOME TAX
GEORGE TOWN, C.I. Although they pledged cooperation with OECD tax hounds, the Cayman Islands government categorically denies rumors of any plan to impose income taxes in the islands.More on this story here.
For a new Financial Times survey of the CAYMAN ISLANDS, seeMore on this story here.
GRENADA BANK MESS
The sordid mess left after the collapse of the 1st International Bank of Grenada is slowly being exposed.More on this story here.
COOK ISLANDS TRUST IN U.S. COURT
BALTIMORE, Maryland USA. A local court is trying to find millions possibly stashed in a COOK ISLANDS trust.More on this story here.
And a reporter discovers the wonders of Cook Islands finances.More on this story here.
A new law, the first of its kind in Central America, is expected to give Panama's e-commerce industry a much needed boost.More on this story here.
IRISHMAN’S OFFSHORE “BAD THOUGHTS”
DUBLIN. A former government official says he used offshore bank accounts in the ISLE OF MAN to hide income, “probably because he had bad thoughts at the time.” Perhaps even that traditional euphemism “impure thoughts”?More on this story here.
GERMAN TAX RULING
The nation's highest tax court rules that any anonymous cash transactions can be considered possible tax evasion, waiving bank confidentiality rules.More on this story here.
THAI STOCK SCAM FALLOUT
The very real dangers of "cold calling" stock sales to the gullible and what you can do about it.More on this story here and here.
AUSTRALIAN TAX DANGERS
Experts warn high corporate and other taxes open Australian companies to offshore takeovers.More on this story here.
RUSSIA JOINS DIRTY MONEY FIGHT
By officially signing a treaty, it can freeze funds anywhere.More on this story here and here.
U.S. PAYS FOR FACE TECH
Government millions finance application of face surveillance technology to military, intelligence uses and to you.More on this story here.
U.S. SECRET SNOOPING
The FBI uses ChoicePoint software to secretly obtain your personal info tied to your Social Security number.More on this story here.
FBI HEAD PROTECTS CARNIVORE
The new FBI head refuses to commit to an independent review of the Carnivore email surveillance system.More on this story here.
SOUTH AFRICAN WEB SPIES
Protests grow in South Africa against wide ranging police authority to monitor online communications.More on this story here.
Find the true owner of any web site domain name.More on this story here.
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