Latest News for: World tax havens

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Taxation of transnational corporations in Latin America – 23/07/2021 – Latinoamérica21

The Sentinel Newspaper 23 Jul 2021
Another telling fact about the complex distribution of income and tax evasion in the region is that 27% of Latin America’s private wealth is held in tax havens, more than in any other region of the world, according to the Boston Consulting Group.
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Levine: Offshore billionaires launch into space

Times Free Press 23 Jul 2021
I'm particularly interested in the offshore world, especially the involvement of small islands that have learned the economic joys of functioning as tax havens. Growing up in Bermuda, I watched, rather unhappily, the tax haven economy develop ... Ultra-wealthy British moguls also use tax havens, including Richard Branson.
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We must have transparency in political funding – here’s why

Open Democracy 18 Jul 2021
With minimal tax and few transparency laws, they have become the ... Just as the Falklands’ Britishness was defended by the Royal Navy in the 1980s, its tax-haven siblings around the world secure diplomatic protection through their constitutional connection to a major global power.
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Want a new life in Vanuatu? Take the lift to the 23rd floor of a skyscraper in Hong Kong

The Observer 15 Jul 2021
The appeal of a Vanuatu passport includes that it offers visa-free travel to UK and EU countries and that Vanuatu – with no wealth, income or corporate taxes – operates as a tax haven. PRG ImmiMart Limited is the sole agentin the world licensed to market this program, and ...
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Biden's tax plans risk bursting Ireland's bubble

Yahoo Daily News 13 Jul 2021
Michael McNamara, an independent member of the Irish parliament, said his country is finally having to get to grips with the impact its tax haven status has on the rest of the world ... This led to companies being established in zero-tax havens (typically Bermuda, although several ...
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Google boss Sundar Pichai warns of threats to internet freedom

Business Ghana 13 Jul 2021
When I invited Pichai to commit there and then to Google pulling out of all tax havens immediately, he didn't take up the offer ... Nevertheless, any use of any tax haven is a reputational exposure for companies when, across the world, trillions are being borrowed, spent, and raised through taxes on ordinary folk in order to mitigate the pandemic.
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G-20 Warns of Risk to Global Recovery From Virus Variants

Beijing News 11 Jul 2021
The G-20 gathering in the Italian city of Venice-the ministers' first face-to-face talks since the start of the pandemic-also endorsed a move to stop multinational firms from shifting profits to low-tax havens ... the deal included mechanisms against the use of tax havens anywhere.
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Egypt court upholds life sentences for 10 Islamists

The Los Angeles Times 11 Jul 2021
World & Nation ... World & Nation ... G-20 finance ministers back global minimum tax that would neutralize tax havens ... G-20 finance ministers back global minimum tax that would neutralize tax havens. G-20 finance ministers endorse plans for a 15% global minimum corporate tax to deter big companies from resorting to low-rate tax havens.
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Virus variants threaten global recovery, G-20 warns

The Wire 11 Jul 2021
Decisions include the endorsement of new rules aimed at stopping multinationals shifting profits to low-tax havens ... TAX HOLDOUTS ... “We’ll be trying to do that, but I should emphasise it’s not essential that every country be on board,” she said, adding the deal included mechanisms against the use of tax havens anywhere.
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90 deaths confirmed in Florida condominium collapse, mayor says

The Los Angeles Times 11 Jul 2021
World & Nation ... World & Nation ... G-20 finance ministers back global minimum tax that would neutralize tax havens ... G-20 finance ministers back global minimum tax that would neutralize tax havens. G-20 finance ministers endorse plans for a 15% global minimum corporate tax to deter big companies from resorting to low-rate tax havens.
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Pope Francis makes first appearance since intestinal surgery

The Los Angeles Times 11 Jul 2021
World & Nation ... World & Nation ... G-20 finance ministers back global minimum tax that would neutralize tax havens ... G-20 finance ministers back global minimum tax that would neutralize tax havens. G-20 finance ministers endorse plans for a 15% global minimum corporate tax to deter big companies from resorting to low-rate tax havens.
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Global leaders support tax-system overhaul

Arkansas Democrat-Gazette 11 Jul 2021
VENICE, Italy -- Global leaders Saturday agreed to move ahead with ...
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Global tax overhaul gains steam as G-20 backs new levies

The Seattle Times 11 Jul 2021
VENICE, ItalyGlobal leaders on Saturday agreed to move ahead with ...
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G20 signs off on tax crackdown, warns on virus variants

Yahoo Daily News 10 Jul 2021
VENICE, Italy (Reuters) -Finance chiefs of the G20 large economies endorsed a landmark move to stop multinationals shifting profits to low-tax havens at talks on Saturday where they will also warn that coronavirus variants threaten the global economic recovery.
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G20 backs landmark global tax reform

Al Jazeera 10 Jul 2021
Finance ministers of the G20 large economies have endorsed a landmark move to stop multinationals shifting profits to low-tax havens ... make sure that countries that are holdouts are not able to undermine – to use tax havens that undermine the operation of this global agreement.”.
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