Read more tax haven stories on Newserhttp://www.newser.com/taggrid/30982/tax-haven.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:19:36 CSThttp://www.newser.com/story/67268/ubs-to-hand-over-names-of-4450-clients.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUBS will hand over the names of 4,450 of its American account holders as part of a tax evasion settlement, the Wall Street Journal reports, and another 5,000 names will be produced under a special IRS amnesty program. UBS won’t pay a monetary fine. Those being turned over...http://www.newser.com/story/67268/ubs-to-hand-over-names-of-4450-clients.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 19 Aug 2009 9:55:00 CDThttp://www.newser.com/story/58139/obama-attacks-tax-havens-to-save-health-care-reich.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOffshore tax havens may not be fair, but they’ve been around for decades. So why is President Obama taking them on now, Clinton Labor Secretary Robert Reich asks in Salon. It’s not to try to keep jobs here, as the White House claims; the move might even drive jobs away....http://www.newser.com/story/58139/obama-attacks-tax-havens-to-save-health-care-reich.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 05 May 2009 16:05:02 CDThttp://www.newser.com/story/58061/big-biz-dems-rebel-on-offshore-tax-reforms.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPresident Obama’s plan to crack down on the tax practices of US-based multinationals has elicited much squawking from business groups and lawmakers who fear it may limit the competitiveness of American firms, the Hill reports. Even Democrats have greeted Obama’s proposals with trepidation: “I want to make certain that our...http://www.newser.com/story/58061/big-biz-dems-rebel-on-offshore-tax-reforms.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 05 May 2009 12:00:00 CDThttp://www.newser.com/story/57993/white-house-takes-aim-at-offshore-tax-dodges.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWhite House plans to curb offshore tax avoidance will be rolled out today, the Wall Street Journa l reports, with the target on both US multinationals and wealthy individuals who are sheltering an estimated $700 billion in US earnings overseas. The plan takes particular aim at “deferral,” which allows companies...http://www.newser.com/story/57993/white-house-takes-aim-at-offshore-tax-dodges.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 04 May 2009 7:35:38 CDThttp://www.newser.com/story/56866/firms-fight-overseas-tax-changes-worth-billions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOverseas tax reform plans in the works under President Obama would put a serious squeeze on top firms, which under current law can store foreign income abroad indefinitely, reports the Wall Street Journal. Ten of the biggest companies earned $58 billion in 2008 that’s now sheltered overseas—money that could...http://www.newser.com/story/56866/firms-fight-overseas-tax-changes-worth-billions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 22 Apr 2009 11:10:27 CDThttp://www.newser.com/story/56213/ubs-announces-17b-more-losses-8700-job-cuts.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBad times are continuing for UBS in the wake of last year's record loss, the Guardian reports. The troubled Swiss bank reported a $1.75 billion loss in the first quarter, and announced plans to ax 8,700 employees—11% of its global workforce—sparking rumors that it plans to...http://www.newser.com/story/56213/ubs-announces-17b-more-losses-8700-job-cuts.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 15 Apr 2009 7:52:12 CDThttp://www.newser.com/story/56219/report-us-loses-100b-yearly-to-tax-havens.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCorporations stashing their cash in tax havens cost the US—and ordinary taxpayers who shoulder the burden instead—$100 billion every year, the Huffington Post reports. A new report breaks down the loss through "shell companies and sham headquarters" by state, finding that the people of New York are out...http://www.newser.com/story/56219/report-us-loses-100b-yearly-to-tax-havens.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 15 Apr 2009 6:49:15 CDThttp://www.newser.com/story/55496/ubs-bans-its-execs-from-foreign-travel.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUBS has banned managers who deal with foreign clients from traveling abroad, the Daily Telegraph reports. The Swiss bank, which has refused to give US investigators the names of 50,000 suspected tax dodgers, denied that the ban is to protect senior staff from American authorities. Analysts, however, see the...http://www.newser.com/story/55496/ubs-bans-its-execs-from-foreign-travel.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 07 Apr 2009 6:56:00 CDThttp://www.newser.com/story/55112/g20-unveils-1t-plan-to-boost-global-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe G20 leaders have agreed to a plan to pump $1 trillion into the world economy, British PM Gordon Brown announced today; the agreement will also tighten global financial regulation and crack down on secret tax havens. The plan calls for: The money available to the International Monetary Fund to...http://www.newser.com/story/55112/g20-unveils-1t-plan-to-boost-global-economy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 02 Apr 2009 10:31:01 CDT