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DECLINE AND FALL OF THE BRITISH HAVENS, CONTINUED
CEPS report on decline of UK offshore tax havensMore on this story here.
Isle of Man, Jersey to sign Tax Information Exchange Agreements with US Treasury.More on this story here.
Manx signs TIEAs with Ireland and Germany.More on this story here.
Press release and text: US Signs TIEA with Guernsey.More on this story here.
(Incomplete) List of US IRS TIEAs and other tax treaties (PDF file format) here.
Blair restricts UK tax haven breaks, privacy for individuals, but secretly uses UK havens for governmental purposes.More on this story here.
UK tax collectors sell buildings to tax haven company, hide the deal.More on this story here.
Jersey Bank under investigation by Irish tax collectors.More on this story here.
Jersey corporation laws revised, updated.More on this story here.
SWISS VOTERS REJECT GOVERNMENT GOLD GIVEAWAY
ZURICH: Having authorized the sale and/or reduction of Swiss gold reserves, voters say no to a proposed gold giveaway plan.More on this story here.
ANDORRA SERVICE TAX EXPANDED
ANDORRA-la-VIELLE: Zero income tax haven expands 7% service levy beyond banks; helps UK fight money laundering.More on this story here.
MONACO-LIECHTENSTEIN DIRTY CASH ACCORD
VADUZ: Government confirms signing of anti-money laundering pact between two haven nations.More on this story here.
B.V.I. PROPOSES END TO INCOME TAXES
ROAD TOWN, BVI: This British territory may repeal all incomes taxes.More on this story here.
BERMUDA INSURANCE HEAD HIT FOR HYPOCRISY
HAMILTON: ACE head criticizes offshore reincorporations but his own company did just that.More on this story here.
Bermuda bank chief notes anti-money laundering inconsistency.More on this story here.
U.S. STATE OF SOUTH DAKOTA MAY ADOPT NULLIFICATION
November referendum would allow juries to acquit if law is unfair. [Note: It is highly instructive to read about who opposes the referendum.]More on this story here.
CIVIL LIBERTIES MAJOR TERROR WAR CASUALTY
USA Patriot Act abridges liberties, rights.More on this story here.
FBI secretly looks at library and book check out records.More on this story here.
SEN. BYRD SAYS SECURITY PLANS THREATEN FREEDOM
“An excuse to ignore constitutional liberties behind closed doors.”More on this story here.
SUPREME COURT OMINOUS VIEW ON WARTIME FREEDOM
Chief Justice Rehnquist's disturbing history of restrictions during war.More on this story here.
OFFSHORE COMPANIES HIRE WASHINGTON LOBBYISTS
Major US corporations that have moved offshore fight congressional tax curbs with high powered DC lobbyists.More on this story here.
OFFSHORE BANKS HIT FOR NIGERIAN FUNDS
Banks in Switzerland, Liechtenstein, Luxembourg and the UK hold over US$1 billion of former Nigerian dictator's alleged loot.More on this story here.
NEW REPORT SHOWS O.E.C.D. HURTS SMALL NATIONS
Large nations help themselves commercially with rules aimed at tax havens and that supposedly fight corporate crime.More on this story here and here.
IRELAND CHALLENGES U.K. HAVEN DESIGNATION
DUBLIN: Government may fight UK listing as 'tax haven' under CFC law.More on this story here.
HONG KONG DOLLAR PEG TO U.S. DOLLAR AGAIN QUESTIONEDMore on this story here.
HONG KONG a leader in attracting direct foreign investment.More on this story here.
BRUNEI IS A BERMUDA WANNABE
The Sultanate looks to Bermuda for its own offshore haven planning.More on this story here.
U.S. TREASURY MAY BACK DOWN ON SHELL BANKS
Major opposition from US banks may dilute new rules to be issued under the USA Patriot Act aimed at offshore shell banks.More on this story here.
USA PATRIOT RULES BURDEN VENTURE CAPITAL FIRMS
Investors must be fully vetted to find who they are.More on this story here.
HEDGE FUNDS PATRIOT RULES LESS RESTRICTIVE
More narrowly defined US Treasury Dept. rules issued.More on this story here.
US Treasury singles out hedge funds for scrutiny.More on this story here.
U.S. ALTERNATIVE MINIMUM TAX HITS MILLIONS
36 million Americans may be hit by anti-wealth tax.More on this story here.
TENNIS STAR BECKER PROSECUTED FOR TAX EVASION
German tax collectors claim he is not a resident of MONACO.More on this story here and here.
U.S. SENATE ATTACKS OFFSHORE COMPENSATION PLANS
Executive tax breaks may be killed by pending legislation.More on this story here.
U.S.-EUROPE TRADE WAR IMPERILS CORPORATE TAX BREAKS
A civil war over taxes within a trans-Atlantic trade dispute.More on this story here.
CHINA GETS MORE FOREIGN INVESTMENT THAN DOES U.S.
Tax bound US displaced as first choice of offshore investors.More on this story here.
ASHCROFT INSPIRES UNUSUAL ALLIANCE
Anti-rights decisions cloaked in anti-terrorism create an unlikely coalition of American conservatives and liberals.More on this story here.
400,000 BRITS PROTEST BLAIR POLICIES
LONDON: “I love my country, I fear my government.” - Placard carried by one of the 400,000 who thronged London to oppose Labour's “anti-country” policies, which include a ban on fox hunting.More on this story here.
AREA CODE “809” TELEPHONE SCAMS
Do not respond to e-mails, phone calls, or web pages that tell you to call an “809” phone number.More info from AT&T here; other information here.
US OPPOSES PLAN TO SHARE SAVINGS DATA WITH EUMore on this story here and here.
US opposition endangers UK backed savings tax plan.More on this story here.
Center for Freedom & Prosperity Savings Tax Directive web page here.
Cato Institute: EU Savings Tax Directive a Tax Cartel in Disguise.More on this story here.
U.K. Continues Attack on Swiss Bank Secrecy.More on this story here.
TAX HAVENS CHARGE BIG NATION CORRUPTION
Haven group says hypocritical high tax countries allow corruption.More on this story here.
BRITISH OFFSHORE TERRITORIES MEETING
LONDON: Indentured colonials supposedly “consult” with UK.More on this story here.
MORE U.K. LABOUR HYPOCRISY
LONDON: Blair government tries to crush tax havens but UK Inland Revenue secretly uses havens to its own advantage.More on this story here.
JERSEY MAY FOLLOW ISLE OF MAN, END CORPORATE TAXES
ST. HELIER: Tax competition among UK havens forces corporate tax cuts.More on this story here.
HONG KONG'S LOST LIBERTIES
Business as usual as new Red China law threatens SAR freedom.More on this story here and here.
DUBAI OFFSHORE CENTER HAS MANY APPLICANTS
25 financial firms sign up for new Arab Gulf Offshore Financial Center.More on this story here.
AMERICAN POLITICS ENDANGERS U.S.-BARBADOS TAX TREATY
Existing treaty tax breaks for offshore US companies may be ended.More on this story here.
COSTA RICA CURBS POTENTIAL FOREIGN RESIDENTS
SAN JOSE: No more in-country applications for residency allowed.More on this story here.
F.A.T.F. ABANDONS NATIONS BLACKLIST
Financial Action Task Force (FATF) suspends self-appointed role as dirty money judge, ends country blacklisting.More on this story here.
FATF meets in October; RUSSIA may get off blacklist.More on this story here.
Online gambling web sites tell FATF they can keep clean.More on this story here.
VENTURE CAPITAL FUNDS EXEMPT FROM U.S.A. PATRIOT RULES
WASHINGTON: Restricted withdrawals make abuse unlikely.More on this story here.
I.R.S. CLAIMS WIDESPREAD U.S. TAX EVASION
WASHINGTON: Agency head claims IRS cannot keep up with evasion.More on this story here and here.
U.S. PROSECUTORS WANT TO SEIZE CORPORATE OFFICIALS ASSETS
WASHINGTON: Drug civil forfeiture laws to be used on business crooks.More on this story here.
NIGERIAN SCAM DUPE EMBEZZLES $2.1 MILLION
DETROIT: Legal secretary strips law firm, sends cash to offshore banks.More on this story here.
EUROPEAN UNION ECONOMIC PLANS DYING, DEAD
BRUSSELS: Deadline for curbing deficits keeps on moving farther away.More on this story here.
French government plans tax cuts.More on this story here.
DEADBEAT GOVERNMENTS DOUBLE IN NUMBER
LONDON: Debt defaults by sovereign governments keep on rising.More on this story here.
BANKS DUMP CLIENT FINANCIAL PRIVACY
CAPE TOWN, South Africa: Government bank supervisors of 120 nations agree to invade account holders privacy to pursue alleged terror suspects.More on this story here.
INVESTIGATION OF 9-11 INTELLIGENCE FAILURES
A year later the US Congress finally agrees to an independent inquiry into the massive failure of US agencies to head off 9/11 terror attacks.More on this story here.
REP. RON PAUL PUTS OUR SITUATION IN CONTEXT
U.S. Rep. Ron Paul (R-Tex) describes the world and US predicament in stark, honest terms. Who wants to add a war to all this?More on this story here.
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