Excerpt: ‘More people read my blog than will pay just $5 to subscribe to the New Zealand Minister of Taking’s belief in destroying our liberty by means of growing the taxing state: his political party has so few paid members, it has been deregistered.’
Andorra is to introduce a tax on personal income for the first time as it faces pressure from its European neighbours to tackle tax evasion.Antoni Marti, the head of the Andorran government, told French President Francois Hollande that he will introduce a bill before 30 June.
The principality will "gradually meet international tax standards", according to the office of the French president.
There is currently no income tax applied to individuals or corporations.
EU finance ministers have agreed to start talks with Andorra - along with Switzerland, Liechtenstein, Monaco, and San Marino - on swapping bank account information.
Recently, the European Commission told the European Parliament it wants EU-wide exchange of all types of income data as part of the fight against tax evasion.
EU tax authorities already automatically exchanged information for income such as employment, pensions and insurance but not for income such as dividends and capital gains.
On May 9th the IRS, the Australian Tax Office and the UK’s HM revenue & Customs announced a plan to share information with tax administrations of other jurisdictions. This information, which has been gathered and analyzed by the three countries includes data on entities and trusts organized in a number of jurisdictions including Singapore, the British Virgin Islands, Cayman Islands and the Cook Islands.
While the IRS acknowledges that there is nothing illegal in the use of such entities, the Service points out that such structures are often used to avoid or evade tax. The announcement does not acknowledge that avoidance of tax is legal.
The information to be shared includes not only the individual owners of the entities but the advisors that assisted in establishing the structures as well.
In a landmark report, the United Nations today has broken its long-held silence about the threat that State surveillance poses to the enjoyment of the right to privacy.
The report is clear: State surveillance of communications is ubiquitous, and such surveillance severely undermines citizens’ ability to enjoy a private life, freely express themselves and enjoy their other fundamental human rights. Presented today at the UN Human Rights Council session in Geneva, the report marks the first time the UN has emphasised the centrality of the right to privacy to democratic principles and the free flow of speech and ideas.
Issued by the UN Special Rapporteur on the freedom of opinion and expression, the report breaks a tradition long-held by UN human rights mechanisms to remain relatively silent on State surveillance.