On the other hand, British Territory Cayman which was briefly blacklisted for the first time in February 202018 but removed from the list in October 2020 after it was deemed compliant with international tax rules, is responsible for the biggest share of countries’ tax losses (16.5 per cent of global tax losses, equal to over $70 billion a year). The Tax Justice Network argues that Cayman being deemed to be compliant with international tax rules despite being the world’s greatest enabler of global tax abuse is evidence that current international tax rules are not fit for purpose.
EU blacklisted jurisdictions cause less than 2% of global tax losses, EU member states cause 36%
Analysis of the jurisdictions on the EU tax haven blacklist found the cohort to be collectively responsible for just 1.72 per cent of global tax losses, costing countries over $7 billion in lost tax a year.16 In comparison, EU member states are responsible for 36 per cent of global tax losses, costing countries over $154 billion in lost tax every year.
Some 1,400 people have filed a joint lawsuit against three companies that manufactured the Fukushima No. 1 nuclear plant, saying they should be financially liable for damage caused by its 2011 meltdowns.
Glenn Greenwald: illegality was never the crux of the scandal triggered by those NSA revelations. Instead, what was most shocking was what had been legalized: the secret construction of the largest system of suspicionless spying in human history. ... Panama Papere ... Some of these documents undoubtedly reveal criminality: either monies that were illegally obtained (and are being hidden for that reason) or assets being concealed in order to criminally evade tax debts. But the crux of this activity — placing assets offshore in order to avoid incurring tax liability — has been legalized.
« Above the Law: A Legal Web Site – News, Commentary, and Opinions on Law Firms, Lawyers, Law Schools, Law Suits, Judges and Courts + Career Resources 2.2.12
Tom Junod on July 9, 2012 "how a policy built on technological precision and moral discrimination winds up blurring the lines between guilt and innocence and war and murder. "
Legality of the Threat or Use of Nuclear Weapons [1996] ICJ 2 is a landmark international law case, where the International Court of Justice gave an advisory opinion stating that there is no source of law, customary or treaty, that explicitly prohibits the possession or even use of nuclear weapons. The only requirement being that their use must be in conformity with the law on self-defence and principles of international humanitarian law.[1]
Apple was the recipient of illegal tax breaks from Ireland. That was the finding today of a European Union (EU) Commission investigation into the tech giant’s business and tax practices. The result? The company has been ordered to pay €13 billion ($14.5 billion U.S.), plus interest, to settle back taxes owed to Ireland.
by Winter on 14 Nov 2013Tech giant Apple is making the news with another case of massive tax evasion; Italy claims that Apple has shielded 1 billion euros ($1.34 billion US) in profits from being taxed in 2010 and 2011. First reported by Italian magazine L’Espresso HERE, the case has been confirmed by Reuters through two judicial sources: Apple’s Italian operation is said to have underreported its taxable income by €206 million in 2010 and €853 million in 2011.
By T.C. Sottek on February 23, 2016 in The Verge
The funny thing about the FBI and tech writers accusing Apple of refusing to hack the iPhone as a "marketing strategy" is that siding with terrorists is a bad strategy. Apple is not doing that, of...
Donald Trump, the GOP frontrunner, has called for a boycott of Apple until it cooperates with the FBI.
President Condé of Guinea at Davos , Jan 2014 (Guardian 22.1.14): "... we live in a global economy. We simply can't deal with the network of corruption embedded in a few key western institutions from a distance of nearly 3,000 miles. These corrupt practitioners operate from the west, but their practices are global and require a global response. Only tighter, more responsive and highly co-ordinated action between law enforcement authorities in both developing nations and the world's financial centres will be effective... With international legal co-operation, Guinea will soon be announcing the outcome of an investigation into some of the most disturbing allegations of mining corruption in Africa's history. I ask other countries to do the same with their own financial institutions."
Schweizer Monat , Februar 2020: The case of Wikileaks-founder Julian Assange epitomizes a contemporary fall from the rule of law. An indictment by the UN Special Rapporteur on Torture.