Tax Havens: Threat for Public Budgets (tags)
The common good is abused. The struggle against tax havens is a struggle for the rule of law and democracy. Apple, Google, Amazon, Boeing and GE shift tens of billions to tax havens. According to a 2013 article, one building in Delaware has 285,000 mailbox firms.
Jubilee USA Applauds FATCA Agreements between United States and Isles of Man, Jersey and G (tags)
On December 13th, the Isles of Man, Jersey and Guernsey signed an intergovernmental agreement with the United States to improve international tax compliance and implement the Foreign Account Tax Compliance Act (FATCA), a US federal law designed to combat offshore tax evasion. The Isles signed a similar agreement with the United Kingdom in October.