Posts Tagged ‘Tax havens’

G20: 10 advanced, 10 limits

The summit of 20 heads of state representing 85% of global GDP has he gone far enough in its ads for truly reforming global capitalism? Some response element with the G20 in 20 points: 10 good, 10 bad. fonds1237218930 Advances

1 ° The ambition does not fall into protectionism through the 30s.

2 The desire to give more importance to international organizations (IMF and others).

3 The need to reform the weight of emerging countries in these institutions (the G20 in itself, rather than G7 or G8, is already a step forward).

4 The economic recovery (1 000 billion dollars to combat the crisis).

5 The improvement of financial

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Fight against tax havens: the big lie

Tax havens are back in the spotlight. Since the G20 summit in London in April 2009, has stepped up pressure on offshore financial centers, so relax its bank secrecy and end the opacity in the creation of partnerships, trusts and private foundations. The purpose is clear: an end to tax evasion or if this is not achieved, the maximum scare for fraudsters to repatriate funds to their home countries with them to fill empty state coffers. Some governments, such as Italian, even trying to encourage the return of money with a tax amnesty. (more...)

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