Remove world tax-havens
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How much tax is lost each year? #defi

Chris Skinner

Building on my discussion yesterday about offshore tax havens and decentralisation to avoid governance in both the physical and virtual world, there’s a more fundamental issue at large here. Tax avoidance. defi appeared first on Chris Skinner's blog.

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Things worth reading: 15th April 2016

Chris Skinner

Things we’re reading today include … World Bank and IMF chiefs: tax dodging is grave concern for global economy UK and European allies plan to deal ‘hammer blow’ to tax evasion US corporations have $1.4tn hidden in tax havens, claims Oxfam report Lloyds warns of Brexit ‘uncertainty’ Brexit could lead to loss of 100,000 financial (..)

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What is the Suisse secrets leak and why are we publishing it?

TheGuardian

As James Bond quipped in The World Is Not Enough: “If you can’t trust a Swiss banker, what’s the world come to?” But its reputation as one of the premier tax havens has not come out of nowhere. From thrillers to spy novels, Swiss bankers are depicted as discreet men in suits who know which questions not to ask.

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Biden corporate tax plan could earn EU and UK billions, study shows

TheGuardian

EU forecast to reap extra €50bn per year with UK expected to gain €200m from BP alone A proposal to be tabled by the US president, Joe Biden, at the upcoming G7 meeting for a 15% global corporate tax rate could reap the EU €50bn (£43bn) a year, and earn the UK nearly €200m extra alone from the British multinational BP, according to research.

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Investing In The Startups That Invest In Innovation

PYMNTS

Like in much of the world, Canada’s alternative lending market has stepped in to try to fill in the funding gaps to smaller companies that struggle to access a bank loan. In Canada, these types of companies are often eligible for what’s called Scientific Research and Experimental Development (SR&ED) tax incentives.

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In Procure-To-Pay, Reg And Tech Evolve Together

PYMNTS

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement.

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Onboarding Tech Taps Into Banks’ KYC Burden

PYMNTS

It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). They haven’t been paying adequate attention to this segment, and we’re going to see that have to change.” ” Final Thoughts For The New Year. ” .