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LONDON: British Prime Minister David Cameron on Monday wrote to leaders of oversees tax havens, urging them to assist the country’s efforts to combat tax evasion and avoidance.
Cameron sent a letter to 10 British crown dependencies and overseas territories regarding the “critical” issues of tax information exchange and beneficial ownership, a practice which uses a nominal third-party resident in a low-tax state to shield income from taxation.
“As you know, I have made fighting the scourge of...Read Full Story
BBC News - Architect competition for London's new Metropolitan Police HQ: "Architects from around the world have been invited to submit designs for the new Metropolitan Police headquarters in central London.
The force is due to leave New Scotland Yard (NSY) in Victoria and move to the smaller Curtis Green Building on Victoria Embankment in 2015.
The Met said remaining at its current base would require £50m to update and modernise it."Read Full Story
WASHINGTON (Reuters) - Congressional and Justice Department investigators are examining the Internal Revenue Service over its inappropriate scrutiny of conservative groups that applied for tax-exempt status.
President Barack Obama, seeking to contain the fallout as he pushes his second-term agenda, has denounced the behavior as "outrageous." After a Treasury Department report last week confirmed the targeting by the IRS, the tax agency became the focus of a criminal probe by the Justice...Read Full Story
British foreign secretary William Hague to join the US secretary of state's fourth visit to region in two monthsUS secretary of state John Kerry arrives in the Holy Land this week on his fourth visit in two months amid deepening scepticism on all sides about his chances of breathing life back into the moribund peace process, and an acknowledgement by European diplomats that there is no "Plan B" in place in the event of its failure.The British foreign secretary William Hague will also join the...Read Full Story
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