The Tax Justice Network has just released the April edition of its podcast, TaxCast (via Tax Research UK). Among the highlights:
In the wake of the Indian Supreme Court's decision on Vodaphone, India will retroactively change its tax laws to make Vodaphone's tax dodging illegal. Britain's Chancellor of the Exchequer, George Osborne criticizes India over this despite recently doing the same thing himself! (The United States has also passed tax laws with retroactive effect.) In addition, India has pledged to adopt a general anti-avoidance principle strong than anything OECD countries have done.
The European Parliament has passed a resolution calling for country-by-country reporting of corporate accounts (Publish What You Pay), criticizing the weak EU tax information exchange agreement with Switzerland, and setting automatic information exchange as the desired basis for fighting tax evasion and avoidance.
And much more...Check it out!
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