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Antitrust Goes International

October 30th, 2014 (0)
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...

EU Value-Added Tax Reforms Closing The VAT Gap

October 27th, 2014 (0)
The European Commission has published its latest VAT Gap study, which shows that an estimated EUR177bn (USD223.9bn) in value-added tax (VAT) revenues was lost due to non-collection or non-compliance in 2012 – a figure equal to 16 percent of ...

Britain ordered to pay extra €2.1bn to its 2014 EU budget

October 24th, 2014 (0)
Britain has been told by the EU that it must add an extra €2.1bn to its 2014 EU budget, as compensation for its strong economic performance. It has been told by the European commission that it must make the ...

The Age of Vulnerability

October 13th, 2014 (0)
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...

Ireland Considers changes on Corporate Tax

October 13th, 2014 (0)
Multinational companies are bracing for their last serving of the “Double Irish.” Ireland is expected on Tuesday to announce changes to its tax code that could eventually close one of the world’s most famous corporate-tax loopholes, dubbed the Double ...

Incoming antitrust head promises action on tax deals

October 3rd, 2014 (0)
Europe’s incoming antitrust chief has promised a tough line on state-subsidised tax avoidance, saying she will “send a signal” with the speedy conclusion of probes into deals with the likes of Apple, Fiat and Starbucks. At her European parliament ...

Greg Medcraft of ASIC re-elected IOSCO Board Chair

October 3rd, 2014 (0)
The International Organization of Securities Commissions (IOSCO) today re-elected Mr. Greg Medcraft as Chairman of the IOSCO Board. Mr. Medcraft was re-elected at the inaugural meeting of the newly constituted Board, during the IOSCO Annual Conference in Rio de ...

Tax Tactics Threaten Public Funds

October 2nd, 2014 (0)
When the European Commission charged this week that Ireland’s sweetheart tax treatment of Apple amounted to an illegal corporate subsidy, the company said that it had done nothing wrong. Corporate tax strategies intended to minimize global taxes, by hook ...

Illegal Irish corporate tax deals for Apple

September 29th, 2014 (0)
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...

Coinbase Extends Bitcoin Access to International Customers

September 11th, 2014 (0)
Coinbase is taking its Bitcoin services to Europe in a move that could help expand the virtual currency’s reach. The company, one of the most popular digital wallet providers, said on Wednesday that it was expanding to 13 European ...
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