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(Especially noteworthy articles’ headings highlighted in gold.)
NEW YORK TIMES NEXT TAX TARGET: IRELAND
'Reporter' Johnston pronounces offshore tax moves to Bermuda by US corporations 'dead.' His next smear target - very low tax Ireland.More on this story here.
OFFSHORE INVESTMENT FUNDS HIT BY U.S. JITTERS
But some performers stand out with surprising strength.More on this story here.
S&P Top 500 Offshore Funds.More on this story here.
PATRIOT ACT MAKES YOU A SUSPECT!
Outrageous law forces all financial institutions to treat all of us as suspected criminals; secret police reports of suspicious activity.More on this story here.
BATTLE TO PRESERVE AMERICAN CIVIL LIBERTIES
As Pogo once said, "We have met the enemy and he is us."More on this story here.
FREEDOM vs. SECURITY
Civil liberties concerns grow as Congress considers homeland security.More on this story here.
NEW STUDY SHOWS HYPOCRISY OF O.E.C.D
A new study shows the sanctimonious OECD is more guilty of lack of transparency and tax favoritism than the offshore havens it attacks.More on this story here and here.
ANOTHER BELIZE PASSPORT SCANDAL?
BELIZE CITY. Local paper charges illegal sales of defunct economic citizenships; official criminal investigation called for by minister.More on this story here and here.
WORLD ENTREPRENEURSHIP RATINGS
Mexico, New Zealand, Australia, Korea, and Brazil are the top five.More on this story here, here, and here.
GOOD REASON TO MOVE YOUR ASSETS OFFSHORE
Pres. Bush criticizes 'junk and frivolous lawsuits' by unscrupulous trial lawyers that are decimating the US health care industry.More on this story here.
BIG BROTHER CREDIT CARD COMPANIES
Why should credit card companies allow a New York politician to tell you what you can or cannot buy with your plastic?More on this story here.
LATIN EXEMPTION CHEERS FLORIDA BANKS
IRS proposal for reporting foreigners' US income doesn't cover South America, and Florida bank lobbyists are crowing.More on this story here.
WHICH GEORGE IS IT? BUSH OR ORWELL?
George Bush...or is it George Orwell? Is '1984' a how-to manual?More on this story here.
NEW U.S. HIGH TECH SPY SYSTEM PLANNED
A US agency plans a 'Total Information Awareness' system, a high-tech eavesdropping program that leaves no data unexamined.More on this story here.
TEAMSTERS UNION BACKS BUSH INFORMANT PLAN
Hoffa & Co. make a deal to join the Bush TIPs neighborhood spy plan.More on this story here.
TIPs CALLS GO TO TV SHOW
WASHINGTON: It borders on the surreal, but the US Dept. of Justice is forwarding incoming Operation TIPS calls to the office of "America's Most Wanted" television series!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.
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.
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.
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.
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.
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.
FOREIGN CORPORATIONS NOT EXEMPT FROM NEW U.S. LAW
Jail, sanctions, fines worldwide, like it or not.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.
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.
FINANCIAL PRIVACY UNDER GOVERNMENT ATTACK
All US financial institutions soon will spy for the government.More on this story 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.
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.
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.
Cato Report: Protecting Our Liberties While Fighting Terrorism.More on this story here.
THE U.S. AS MAJOR TAX HAVEN: EXPLANATION
UPI writer explains why and how the US is a major tax haven for foreign investors, and why it should stay that way.More on this story here.
OFFSHORE DEBATE MAY CAUSE CORPORATE TAX REFORMS
Someday firms may not have to go to Bermuda to escape the IRS.More on this story here.
I.R.S. BANS LIFE INSURANCE TAX SAVINGS SCHEME
IRS nixes billions in hoped-for estate and gift tax savings.More on this story here and here.
U.S. BANKS BEGIN FILING FinCEN SARs ONLINE
US banks will file realtime Online suspicious activity reports (SARs) with FinCEN, the US Treas. anti-money laundering unit.More on this story here.
SWISS BANKER DEFENDS FINANCIAL SECRECY
ZURICH. Credit Suisse CEO says Swiss banking secrecy law is right.More on this story here.
E.U. DEMANDS COMMON FINANCIAL LAWS; U.K. SAYS NO
BRUSSELS: EU bureaucrats want uniformity for corporate, banking and financial laws. UK says this is a step backward for them.More on this story here.
Minimal taxes, maximum asset protection.More on this story here.
I.R.S. DEMANDS PRIVILEGED CLIENT RECORDS
WASHINGTON. IRS serves summons on banks, accounting firms, lawyers and financial advisors demanding privileged data they refuse to surrender about clients' tax avoidance and estate plans.More on this story here.
PGP ENCRYPTION SOFTWARE IS BACK
Phil Zimmermann's PGP, the popular encryption technology, is back in the hands of an independent company.More on this story here.
All new PGP Corp.Click here.
Europeans buy it here.Click here.
E.U. BUREAUCRATS ATTACK PERSONAL PRIVACY
Demand year long retention of all e-mails, phone calls.More on this story here.
CELEBRATE VICTORY, NOT DEFEAT
Just how should America remember September 11, 2001?More on this story here.
BE ASHAMED OF THE GOVERNMENT
H.L. Mencken: "Every decent man is ashamed of the government he lives under."More on this story here.
IRS TO GET MORE OFFSHORE CREDIT CARD RECORDS
MIAMI. MasterCard ordered to cough up records of offshore credit cards issued by banks in 30 countries to pursue alleged tax cheats.More on this story here.
CHINA MONITORS INTERNATIONAL MONEY FLOWS
SHANGHAI. New agency formed to halt capital flight.More on this story here.
US BOOKSELLERS SUE DOJ
NEW YORK. Civil liberties groups and the American Booksellers Foundation file a Freedom of Information Act request to learn how the surveillance provisions of the USA-PATRIOT Act have been implemented.More on this story here.
COMPUTER PRIVACY TOOL BYPASSED
ORANGE, CALIFORNIA. New device said to bypass "anonymizing" features of privacy software.More on this story here.
WARN YOUR TEENAGER
ASPEN, COLO. DOJ set to prosecute individuals who illegally trade copyrighted music and video files using services such as "Morpheus." EU to follow suit?More on this story here.
MORE GOVERNMENT DOUBLESPEAK
OAKLAND. New rules that supposedly protect medical privacy require national ID and for doctors to report all medical treatment (even self-paid!) into a centralized database.More on this story here.
BERMUDA TO IMPOSE INCOME TAXES?
HAMILTON. Despite denials from the Finance Minister, the editor of a major Bermuda paper stands by his claim that the government plans to impose an income tax.More on this story here.
JAPAN MAY RESTORE INSURANCE ON BANK DEPOSITS
TOKYO. Deposit guarantees scheduled for removal in April 2003, but could be restored amid fears of mass bank runs.More on this story here.
FOREIGN COMPANIES REVOLT AGAINST NEW US ACCOUNTING RULES
Now some of GERMANY'S biggest companies are opposing U.S. rules that make executives personally responsible for their corporate bookkeeping.More on this story here.
CONTROVERSY MOUNTS IN JAPAN OVER NATIONAL DATABASE.
Efforts by government to assign national ID number to every citizen meets unexpected opposition.More on this story here.
SECRET COURT RULES AGAINST ASHCROFT ON EXPANDED WIRETAPS.
Top secret "Foreign Intelligence Surveillance Court" cites more than 75 cases where it was misled by the FBI in applications for wiretaps and other electronic surveillance. White House plans appeal.More on this story here.
Court decision.More on this story here.
The first 21st century police state?More on this story here.
US TO CHANGE THE TAX TREATMENT OF DIVIDENDS?
WASHINGTON, D.C. Bush proposal to eliminate triple taxation of dividends will go a long way toward rationalizing US Tax Code.More on this story here.
US TELEPHONE RECORDS OPEN TO THE HIGHEST BIDDER.
WASHINGTON, D.C. Unless you explicitly "opt-out," your home, office and cellular dialing records can now be sold to anyone.More on this story here and here.
NEW SCANNER SEES THROUGH CLOTHES
RICHLAND, WASH. A recently developed holographic imaging device that could be used for anti-terrorism applications provides the most explicit view yet.More on this story here.
C.F.P. EXPOSES BUSH OFFSHORE SCHIZOPHRENIA
WASHINGTON. Against the EU savings tax directive; for the IRS reporting of foreigners' US income. Termites at work at Treasury.More on this story here.
BERMUDA VIEW OF U.S. DEBATE
HAMILTON. Tax haven looks at US stand on re-incorporation.More on this story here.
WORLD CORRUPTION ON THE RISE
Transparency International finds Bangladesh worst, Finland cleanest.More on this story here and here.
Transparency Report here.
SWISS corruption found to be minimal.More on this story here.
F.B.I. SEEKS GRENADA BANK FRAUDSTERS
TORONTO, Canada. Millions lost in Grenada Bank fraud.More on this story here.
DOMINICA BOWS TO F.A.T.F. RULES
ROSEAU, Dominica. Government shuts down one of last offshore banks.More on this story here and here.
ANOTHER OFFSHORE PRODUCT: FAKE DIPLOMAS
A US person in Romania with a UK mail drop and a bank in Cyprus.More on this story here.
BERMUDAN EXPLAINS U.S. TAX 'LOOPHOLES'
HAMILTON. Expert says public doesn't understand tax laws.More on this story here.
TIME FOR A WRITTEN BRITISH CONSTITUTION?
LONDON. Now that all the rights are gone, write down what's left.More on this story here.
CANADA'S RULERS WANT NET SURVEILLANCE
OTTAWA: Full-time wiretapping on Internet activity planned.More on this story here.
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