Ahmad Sadiq

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Blog in harmony with nature

Antioxidants<p>Green tea - contains a lot of substances which positively influence the brain, blood vessels and maintaining proper body mass. Green tea …

Boxer Manny Pacquiao: 'I Am Not A Criminal Or A Thief'

Boxing has rules. So do laws, even tax laws. Yet famed Filipino boxer Manny Pacquiao can cry foul. As he tries to work out a tax dispute, the world-champion boxer and icon of the Philippines had accounts in two banks frozen. The Philippine tax authorities say they are trying to collect 2.2 billion …

Creative Mom Turns Her Baby’s Naptime Into Dream Adventures (Updated)

Do babies dream when they sleep, or they simply rest peacefully? Queenie Liao, a free-lance artist and mother of three boys living in California, has …

Fairy Tales

Jason Lee

Banksy

Banksy

Typeverything.com -  Hero Image by Two Arms Inc

Typeverything.com - Hero Image by Two Arms Inc.

The Big Fakeout: How U.S. multinational corporations spin the tax debate and cheat the rest of us.

Super rich hiding up to $32 trillion offshore

Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280bn in lost income tax revenues, according to research published on Sunday.<p>The study estimating the extent of global private financial wealth held in offshore …

OECD calls for crackdown on tax avoidance by multinationals

Governments need to modernise their tax systems to catch international companies that dodge paying corporation tax, the Organisation for Economic Co-operation and Development has warned.<p>The ease with which companies shift profits around the world to offshore havens shows that tax authorities need …

Leaks reveal secrets of the rich who hide cash offshore

Millions of internal records have leaked from Britain's offshore financial industry, exposing for the first time the identities of thousands of holders of anonymous wealth from around the world, from presidents to plutocrats, the daughter of a notorious dictator and a British millionaire accused of …

No safe havens for offshore tax cheats

The 400 gigabytes of data is still being analysed but early results show the use of companies and trusts in a number of territories around the world …

Corruption

Tax Havens 101

Tax Havens

Offshore Tax Havens in Spotlight After 200-Year History

The origins of the offshore finance industry dates back to Vienna, Austria, in 1815, when Switzerland’s neutrality was established at the Vienna …

The Super-Rich's Offshore Tax Avoidance Strategies

Dmitry Rybolovlev and his wife, Elena Rybolovleva, have been brawling for almost five years in at least seven countries over his $9.5 billion …

History of the Panama Papers: Offshore Banking Havens: Hidden Agenda behind the 2013 Operation “Offshore Leaks”? | Global Research - Centre for Research on Globalization

<b>Introduction by Michel Chossudovsky</b><p><i>The following article by Prof. Valentin Katasonov, a distinguished Russian economist was published three years ago</i> …

Report: Big business no stranger to offshore tax havens

As millions of Americans get ready to file with the IRS, some big companies will pay little or no taxes this year - thanks to loopholes in U.S. tax …

Offshore Tax Havens Robbed States of Nearly $40 Billion in 2011

States across the country lost nearly $40 billion dollars of revenues in 2011 due to offshore tax havens, according to a new report by U.S. PIRG …

The myth of Corporate America's offshore cash

It's a common argument in the debate over corporate taxes: If the top tax rate weren't so high, U.S. multinational companies would happily bring home the money they have parked offshore.<p>And doing so would lead to greater investment in the U.S. economy.<p>U.S. multinationals have as much as $1.8 …

As cash piles grow, nations struggle to patch tech industry's tax loopholes

Transnational tech companies are causing major headaches for tax regulators around the world<p>With all the conflict, competition, and trash talk going on between them, tech companies can often appear to be more different than they are alike. One area where their practices overlap almost completely, …

OECD prepares new rules to limit corporate tax avoidance

The OECD is to draw up new rules to limit tax avoidance by some of the world's largest businesses in time for a meeting of the G20 group of nations in July.<p>The Paris-based thinktank said all its 34 members backed proposals to crack down on schemes that allow multinational firms to pay as little as …

Tax Avoidance: Large Corporations

The Committee of Public Accounts will hold a public evidence session in connection with their inquiry into Tax avoidance: Large …

Taxes

U.S. Companies Pay Just One-Third Of The Legal Tax Rate: GAO Study

Big, profitable U.S. companies paid an average federal tax rate of less than 13 percent in 2010, according to a new study -- or about a third of the statutory rate many of those same companies are lobbying hard to cut.<p>Profitable companies with more than $10 million in assets paid an average rate of …

GAO: Big Companies Paid A 12.6% Effective Federal Income Tax Rate

Despite all their griping about the U.S.’s highest-in-the-developed-world 35% federal corporate income tax rate, big profitable U.S. companies paid just 12.6% of their reported worldwide profits in federal income taxes in 2010, a study released today by Congress’ Government Accountability Office …

G8 countries agree to tackle tax evasion

The west's leading industrial countries have agreed a set of core principles designed to combat tax evasion and reveal the true owners of shadowy companies.<p>A joint declaration by the G8 at their summit in Northern Ireland agreed to share tax information and to change rules that allow companies to …

The UK Should Embrace Tax Havens

The statement given by British Prime Minister David Cameron at the end of the G8 summit on International Tax Avoidance was a bit of a damp squid. …