The Telegraph and the BBC report that HMRC will target middle class tax evaders this year, highlighting the fact evasion is not an offshore activity. A story in the Telegraph about evasion of VAT by British traders through Belgium makes the same point.
The Bermuda Gazette reports the island will host the 2011 OECD Global Forum on Transparency and Exchange of Information for Tax Purposes despite once being listed as a tax haven by the organisation. (Thanks to Jennifer Williams.)
The work programme of the Spanish presidency of the EU is now public. It includes work on combating 'tax fraud' and approaches to strike information sharing agreements with Andorra, Monaco, Switzerland and San Marino based on that recently made with Liechtenstein.
Congressional Democrats are considering subjecting investments to an increased tax rate to help fund healthcare reform, according to the Wall Street Journal .
In a Tax Research blog posting, Richard Murphy blames the collapse of the zero-10 regime on 'the incompetence and dishonesty of local politicians, civil servants and tax advisers in proposing a solution for the islands that failed to deliver the tax revenues that met the island's needs'.