Thursday, December 08, 2016

Panama Papers have had historic global effects — and the impacts keep coming

Tax Inspectors Without Borders announces new South-South partnership between Kenya and Botswana No Borders

Samsung tells South Korea corruption inquiry of 'gift horse'  
Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. at New Economic Perspectives

The ATO has advised that it will soon publish the corporate tax transparency report for the year 2014/15. The report will be available on the data.gov.au website. The ATO will also publish aggregated analysis of the data. The ATO is required under s 3C of the TAA 1953 to publish information from the tax returns of certain corporate tax entities returning income of $100m or more.
It has reminded readers that it is not possible to make a meaningful comparison between the tax behaviour of various entities based solely on the information published. For example, no tax paid may not mean tax avoidance Corporate Tax Transparency Report

Most foreign firms owning London property are registered in tax havens- report 
PAC raises “serious concerns” about HMRC's digital plans

LOOKING AT SILICON VALLEY GIANTS’ H1B SALARIES. “The tool allows you to browse salaries by company, job, and city—for some companies, as far back as 2011.”



Brandis chat on Bell case 'unusual': ATO
 
Apparent tax arrangements of top soccer players released  

Shell Companies: Weak UK regulation lets opaque companies persist  


Shell Companies: Weak UK regulation lets opaque companies persist  

Man Guilty Of Tax Evasion Over Fake Church Could Face 25 Years 


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Money-laundering networks thrive amid India's cash-ban chaos  

UK Government's corporate reforms will do nothing to check fat cats or stop abuse  

The importance of modelling for tax discussions: show me the numbers! 


Panama Papers: Europol links 3500 names to suspected criminals  

Secret owners of 'zero-tax offshore companies' who file no accounts

Panama Papers have had historic global effects — and the impacts keep coming

Journalists hang tough in face of backlash against Panama Papers reporting

Jack Townsend, Two Swiss Bankers Come to U.S. to Face Charges Filed in 2012
When a wealthy businessman set out to divorce his wife, their fortune vanished. The quest to find it would reveal the depths of an offshore financial system bigger than the U.S. economy How to Hide $400 Million

News from the Profession. Deloitte’s Brazil Firm Covered Up a Couple of Bad Audits (Caleb Newquist, Going Concern).

For the final time, the IRS has released its annual analysis of the richest 400 American taxpayers (The 400 Individual Income Tax Returns Reporting the Largest Adjusted Gross Incomes Each Year, 1992–2014)

End the Corporate Shell Games  

The  man who invented Libor

The UK government and the Crown Dependencies conniving to make sure loopholes are available to tax cheats 

China introduces 10% extra tax on 'super cars

Stuart Gibson, It’s a Crime (Tax Analysts Blog):

OK – I admit it. I hold a bias in favor of law enforcement, particularly when it comes to taxes. Thirty years of litigating civil tax cases for the U.S. Department of Justice, and seeing the myriad ways that taxpayers use to avoid paying what they owe, will do that to a person. While abuse of the tax laws cuts across most income levels and demographics, I found that the wealthiest people often came up with the most “creative” explanations for why they didn’t follow the tax laws. 
And President-elect Donald Trump is no exception. His private foundation just admitted what the press has been reporting for months: that in 2015 it engaged in what the tax code calls “prohibited transactions” and what the rest of us call self-dealing. More importantly, Trump’s foundation admitted that it had engaged in self-dealing in years before 2015…
No big deal, right?
Wrong. You see, the foundation filed tax returns for earlier years in which it claimed that it had not engaged in self-dealing. The people who signed those returns for the foundation did so under penalty of perjury. And knowingly signing a materially false tax return is a felony that is punishable by a prison sentence and a hefty fine.

Australia to probe energy taxes after revenue drop 

Secret owners of 'zero-tax offshore companies' who file no accounts

UK House of Commons Work and Pensions Committee Report: Concentrix

***Panama Papers: Europol links 3500 names to suspected criminals  

HMRC - House of Commons Committee of Public Accounts Report:  HM Revenue & Customs performance in 2015–16 

The IRS Statistics of Income Division has released the Fall 2016 Statistics of Income Bulletin (Vol. 36, No. 2), with these articles:
Gavin Ekins, Tax Revenues Reach New High Across OECD (Tax Policy Blog). “The increased tax revenue was driven by an increase in income tax collected in the largest OECD economies.”

Wednesday, December 07, 2016

Our Heads Are Round So Our Thoughts Can Change Direction


… While we all weren't looking, poetry became cool | Metro News


I was born and bred at a Black Death mortuary under the Mountains ...  So this book was written  for moi... Sydney must see cemeteries

Comparative Criminal Procedure: A Select Bibliography – This expansive, comprehensive and up-to-date guide by Lyonette Louis-Jacques, Foreign and International Law Librarian and Lecturer in Law at the University of Chicago D’Angelo Law Library, references resources that include books, loose-leaf, online, database and e-government sites, services and resources

Amy Cuddy's TED talk on power poses — feet apart, hands on hips, head thrown back -- has been viewed 37 million times. How did such a flimsy idea become a sensation?...  Power Madness 

Adani gilded lily is far from rolled gold





... nothing is more self-empowering than metaphorically sailing oceans, climbing mountains and crossing deserts.

JUSTICE: Lawyers: New court software is so awful it’s getting people wrongly arrested; Problematic Odyssey Case Manager software package is used nationwide.



The Intimate, Exhaustive Relationship Of Elena Ferrante’s English Translator To The Author And The Works


In North America, people really would like to meet the author, whoever she is. Instead, they get her English translator: “Public appearances and interviews with [Ann] Goldstein have gone a little way towards filling the void created by Ferrante’s choice to remain anonymous and do only the bare minimum to promote her books.”


New Report Exposes “Patient Advocacy” Groups as a Big Pharma Scam The Intercept




but-what-if-i-fail

Alexios Mantzarlis- Poynter Fact Checking: “Facebook is an important source of traffic for virtually all news outlets in the United States. New data, however, indicates that the social network is a far more important channel for some of the largest hyperpartisan and fake news sites in the country. Analytics company Jumpshot tracked Facebook referrals to 20-plus websites between September 11th and November 15th. It then calculated the share of unique visitors that figure represented. The data, seen by Poynter, refer to PC traffic only. Almost 80 percent of unique visitors to hyperpartisan news pages Occupy Democrats and American News came from Facebook, according to Jumpshot. Both of these websites have Facebook followings in the seven figures, and both have had several run-ins with the fact-checkers. American News, for one, peddled a Megyn Kelly hoax that fooled Facebook’s Trending section — even several weeks after it was exposed as a fake…”


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I’m interested in how animals are connected to the internet and how we might be able to see the world from an animal’s point of view. There’s something very interesting in someone else’s vantage point, which might have a truth to it. For instance, the tagging of cows for automatic milking machines, so that the cows can choose when to milk themselves. Cows went from being milked twice a day to being milked three to six times a day, which is great for the farm’s productivity and results in happier cows, but it’s also faintly disquieting that the technology makes clear to us the desires of cows – making them visible in ways they weren’t before. So what does one do with that knowledge? One of the unintended consequences of big data and the internet of things is that some things will become visible and compel us to confront them.

And on the main question at hand:

What we are seeing now isn’t an anxiety about artificial intelligence per se, it’s about what it says about us. That if you can make something like us, where does it leave us?





‘Hackathon’ attempts to stem proliferation of fake news Financial Times. Today’s must read. The enemies of independent sources of information are moving quickly with their plans to become the arbiters of what is and isn’t to be read




natasha-fatale

The price of being exposed as a Russian operative ...


(1) Chequeado is organizing an open fact-checking day. (2) Claire Wardle joins verification coalition First Draft News full-time. (3) Follow the money — that's what fake news writers do. (4) CJR takes a deep dive on automated journalism, included automated fact-checking. (5) Did Marine Le Pen *really* say that about Hollande? Probably not. (6) Der Spiegel fact-checks five myths about social growth in Germany. (7) A St. Louis Post-Dispatch columnist defends a "tireless...courteous" fact-checker against political attacks. (8) A fact-checking app is helping voters in Ghana's elections.

Tuesday, December 06, 2016

Another Brick in the Wall: St Nicholas aka Mikulas



Income per person in Sydney's booming economy has climbed to $80,000 a year, eclipsing the rest of NSW by more than $32,000 The gap between Sydney and the rest of NSW widens

The European Space Agency has released detailed data from satellite imagery that shows the skyscraper in San Francisco's financial district is continuing to sink at a steady rate — and perhaps faster than previously known....The luxury high-rise that opened its doors in 2009 has been dubbed the Leaning Tower of San Francisco. It has sunk about 16 inches into landfill and is tilting several inches to the northwest.
The Secret, Dangerous World of Venezuelan Bitcoin Mining

News release: “United States Senator Elizabeth Warren (D-Mass.) and Rep. Elijah E. Cummings (D-Md.), Ranking Member of the House Committee on Oversight and Government Reform, today sent a letter to the Government Accountability Office (GAO) requesting a review of President-elect Donald Trump’s “chaotic” transition. The lawmakers asked GAO to examine conflicts of interest related to business holdings of Mr. Trump and his family, potential violations of protocol and national security concerns related to Mr. Trump’s communications with foreign leaders, and transparency related to the use of taxpayer funds in the transition.  Citing reports of “disarray” within a “chaotic” transition, Cummings and Warren raised concern about several aspects of the transition

Business Insider India, This is how call centres in Mumbai swindled out millions of dollars from Americans:

Authorities say callers were trained to switch their Indian accent for a passable American one. They studied a script six pages long that explained how conversations would develop, with tips on tackling doubts and suspicions.
According to training documents seen by Reuters, if targets asked for permission to speak to an attorney, workers were told to reply (sic): “This would be termed third party discloser, as per the federal law and if  you go ahead and do that IRS will have completes right to go ahead discloser to national television, local newspaper and your employer. Moreover, it would be a penalty charges up to 50,000$.”

 Kay Bell, IRS seeking ID validation from some e-services users

The IRS yesterday announced a new tool for taxpayers  

 The link to this tool  https://www.irs.gov/payments/finding-out-how-much-you-owe 

 Related: TaxGrrrl, IRS Launches New Online Tool To Assist Taxpayers With Account Balances, Paying Taxes & More



The interest rate party is over and the only way is up

Gold Bullion Fraud 

Memorandum of Understanding Between the Australian Government and The William J. Clinton Foundation dfat.gov.au