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BRITISH PRESS KEEPS HOUNDING LORD ASHCROFT
UK peer, a major financial influence in BELIZE, now is questioned about his role as a director of Bermuda based Tyco Inc.More on this story here and here.
U.S. DEA agent goes to jail; sold info on Lord Ashcroft & Belize.More on this story here.
U.S. PROSECUTORS LIED TO AUSTRIAN GOVERNMENT
Federal prosecutors lied to persuade Austria to extradite a businessman convicted of fraud in absentia; US judge vetoes sentencing deal.More on this story here and here.
U.K. LABOUR IMPLIED THREAT TO CHANNEL ISLANDS
ST. PETER PORT, Guernsey. New UK minister offers cooperation, so long as the Channel Islands do what London tells them.More on this story here.
GERMAN CHANCELLOR OFFERS OFFSHORE AMNESTY
BERLIN. Behind in elections polls, a desperate Gerhard Schröder offers tax amnesty for repatriated offshore funds.More on this story here.
FINLAND FEARS ESTONIAN TAX HAVEN
TALLINN, Estonia. Finnish unions fear corporate exodus to low tax Baltic neighbor when EU admission is complete.More on this story here.
EU, OECD TAX DEMANDS DEADLY TO OTHER NATIONS
PANAMA's economy relies upon competition in world financial markets; the OECD does not want any nation to compete.More on this story here.
Foreign Policy magazine article by Dan Mitchell on the OECD.Read it here.
BAHAMAS ECONOMY HARD HIT BY BAD LAWS
NASSAU. 91% of islands' employers say offshore law changes last year have hurt the nation's economy and cut jobs.More on this story here.
NICARAGUA'S DEFINING MOMENT
Will corruption charges against ex-president be successful?More on this story here.
E.U & U.K. TURMOIL OVER NEW U.S. CORPORATE RESTRICTIONS
US fraud law confuses Europe's top companies.More on this story here.
German, EU legal actions possible against new US law.More on this story here.
Alarm in London over US fraud law.More on this story here.
OFFSHORE TRAVELERS HEALTH TIPS
ATLANTA, Georgia. Before you travel anywhere in the world, the US CDC web site gives you health information about your destination. What to know before you go.More on this story here.
BERMUDA SEES U.S. BETRAYAL; LOOKS ELSEWHERE
HAMILTON. Inversion US political tax fight promotes CARICOM membership, justified distrust of Washington.More on this story here.
LOBBYISTS FIGHT NEW U.S. OFFSHORE RESTRICTIONS
WASHINGTON. Firms enlist ex-lawmakers to limit threatened changes in offshore tax breaks and government contracts.More on this story here and here.
U.S. PENSION FUNDS MAY BACK OFFSHORE BOYCOTT
NEW YORK. US pension funds meet to consider cutting investment links with US companies that move offshore to tax havens.More on this story here, here, and here.
ANOTHER U.S. OFFSHORE EXPORT: JOBS
Thousands of US call center jobs are moving overseas.More on this story here.
EXCELLENT OFFSHORE TAX INFORMATION SOURCE
Bermuda-based web site provides comprehensive information on current status of OECD, FATF & offshore tax developments. A MUST READ!More on this story here.
U.K. ANTI-MONEY LAUNDERING ACTION TAKES YEARS
LONDON. UK Labour government repeatedly accuses other nations of not fighting dirty cash, but takes 2 years to act in such cases.More on this story here.
2ND U.S. COURT BACKS TERRORIST PROPERTY SEIZURE
Judge rules government can seize millions based on its charges of terrorism and defendant has no right to a review hearing.More on this story here.
IRS U.S. NONRESIDENT REPORTING RULES OPPOSED
Heated opposition from the Center for Freedom and Prosperity.More on this story here.
U.S. OFFSHORE CON MAN ON TRIAL
DENVER, Colorado. $5 million milked from gullible Australians.More on this story here.
LUXEMBOURG'S CLEARSTREAM GIVES GOOD INFO
Europe's major financial clearing house web site requires registration, but gives you a host of tax and other useful offshore information.More on this story here.
SOUTH AFRICAN INVESTORS FLEE OFFSHORE MUTUAL FUNDS
JOHANNESBURG. R1.5 billion pulled out of offshore unit trusts.More on this story here.
CNN 'NEWS' NOTES NIGERIAN SCAM
The so-called 'news' TV channel discovers a very old story.More on this story here.
NO PENSION ACTION AGAINST OFFSHORE COMPANIES
Officials controlling $1 trillion in pensions funds take no action against US corporations who have moved to tax havens.More on this story here.
FOREIGN CORPORATIONS NOT EXEMPT FROM NEW U.S. LAW
Jail, sanctions, fines worldwide, like it or not.More on this story here.
HONG KONG also fears new US corporate law restrictions.More on this story here.
JERSEY BOWS DEEP TO U.S INTERNAL REVENUE SERVICE
The once ultra-private Channel Island signs a tax information exchange agreement with the US government, as the UK Foreign Office smiles.More on this story here.
REP. RON PAUL SEES U.S. BANKERS HAND IN URUGUAY BAILOUT
WASHINGTON: He says US taxpayers are forced to subsidize US banks and business interests with a $1.5 billion loan to a bankrupt nation.More on this story here.
Uruguay repays $1.5b loan plus $271,351 in interest.More on this story here.
CONGRESS PLAYS SHELL GAME ON 'INVERSIONS'
It's all politics, not truth. Leave them alone, says NCPA.More on this story here.
WORLD ECONOMIC FREEDOM
The Cato Institute and Canada's Fraser Institute report that economic freedom continues to flourish around the world.More on this story here and here.
World Economic Freedom: 2002 Annual Report.Read it here.
MOST STABLE NATIONS INDEX
National ratings based on economic, political stability.More on this story here.
WELCOME TO THE UNITED STATES
And upon arrival, you may be fingerprinted on the spot.More on this story here.
REP. ARMEY RESCUES U.S. FROM BIG BROTHER BUSH
WASHINGTON. US House Republican Leader blocks unconstitutional Ashcroft-Bush neighborhood spy/informant plan.More on this story here.
BUT TIPs MAY SLIP THROUGH CONGRESS
Nat Hentoff explains why it still may become law.More on this story here.
Under Fire, US Justice Dept. Shrinks TIPs Program.Links here, here, and here.
"United We Stand, but We'll Snoop Divided,"More on this story here and here.
YOU CAN PROTEST TIPs INFORMERS PLAN
ACLU site targets opposition to the Bush informant scheme.More on this story here and here.
FINANCIAL PRIVACY UNDER GOVERNMENT ATTACK
All US financial institutions soon will spy for the government.More on this story here.
53 INDICTED IN U.S. UNDERCOVER OFFSHORE STING
MIAMI. Two year 'Operation Bermuda Short' accuses brokers, CPAs, executives in The Bahamas, Bermuda, Canada and the US.More on this story here and here.
THE VIEW FROM BERMUDA
HAMILTON: A local business professional explains why only the US is a loser because of Stanley Works withdrawal from Bermuda.More on this story here.
WHAT IS THE O.E.C.D.?
LONDON: BBC tries to explain what the Organization for Economic Co-operation and Development is.More on this story here.
GERMAN LEADERS DISARRAY ON OFFSHORE TAX AMNESTY
BERLIN: On Monday Schroder proposed a tax amnesty for repatriated offshore funds. On Wednesday the plan is scrapped.More on this story here and here.
MALTA MAY TELL E.U. TO STUFF IT
Maltese leaders accuses EU of insults and blackmail.More on this story here.
JERSEY CONFIDENCE SLIPS
ST. HELIER. Having agreed with the OECD and about to sign with the US IRS, this Channel Island's business leaders do not see a bright future.More on this story here.
GUERNSEY INCREASES FINANCIAL POLICE REPORTS
PETERS PORT. 30% more suspicious activity reports filed on this Channel Island in the last six months.More on this story here.
MANX BANKS TAXED
DOUGLAS, Isle of Man. Zero corporations tax will not apply to banks.More on this story here.
PACIFIC ISLANDS FORUM MEETS
FIJI. 16 nations will discuss money laundering, terrorism.More on this story here.
COSTA RICAN RESIDENCY TIGHTER
SAN JOSE: New, stricter residency rules for foreigners begin Jan. 1, 2003.More on this story here.
GOLD BECKONS INVESTORS AGAIN
Recession, war threat; the worst brings out the best in the precious metal.More on this story here.
E-gold currency expanding worldwide; Baltic electronic gold arrives.More on this story here.
SOUTH AFRICAN MINE OWNERS FACE CONFISCATION
PRETORIA: Government plans to force black majority ownership of De Beers, AngloAmerican and all mining companies.More on this story here.
EUROPEAN UNION PUSHES TRADE WAR WITH U.S.A.
BRUSSELS: EU, WTO trade sanctions could wreck havoc with trade.More on this story here.
EU's weak euro slips against the dollar once again.More on this story here.
U.S. SENATE MAY CURB OFFSHORE TAX DEFERRAL
WASHINGTON. Riding the anti-offshore political wave, senators want to outlaw deferring compensation in offshore trusts.More on this story here.
BANKRUPTCY LAWS EXPLAINED
BBC explains intricacies of legal debt avoidance.More on this story here.
And what is 'money laundering'?More on this story here.
WORLD CRIMINAL COURT BATTLE
WASHINGTON: Battle between EU and US over ICC escalates.More on this story here.
U.S. LAWYERS OPPOSE SECRET DETENTIONS
American Bar Assoc. condemns secret detentions of immigrants.More on this story here.
US judge attacks government detention without counsel.More on this story here.
Cato Report: Protecting Our Liberties While Fighting Terrorism.More on this story here.
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