|
Brazilian Revenue Implements Offshore Credit Card Initiative |
On July 16, 2003, the Official Gazette of the Union published Normative Instruction No. 341 of the Federal Revenue Office which created the Statement of Transactions with Credit Cards (DECRED). The... |
Jorge Nemr |
19 |
10 |
2003-10-01 |
Brazil |
Bank Secrecy, Taxation |
|
Canada Sues Tobacco Companies for Cigarette Smuggling |
On August 13, 2003, the Canadian government announced it was suing R.J. Reynolds Tobacco Holdings Inc. and Japan Tobacco Inc. for $1.5 billion Canadian dollars for alleged cigarette smuggling. The... |
Bruce Zagaris |
19 |
10 |
2003-10-01 |
Canada, United States, Japan |
Customs Enforcement, Taxation |
|
EU Issues Proposed Amendment to Mutual Assistance Directive |
On July 31, 2003, the European Union Council published the European Commission?s proposed directive on mutual assistance of member states? competent authorities in investigations of tax fraud. The... |
Bruce Zagaris |
19 |
10 |
2003-10-01 |
Europe |
Taxation, European Union |
|
U.S. Court Denies POWs Right to Collect From U.S. Iraqi Funds |
On July 30, 2003, the U.S. District Court of the District of Columbia granted summary judgment to the U.S. Treasury against 17 former prisoners of war (POWs) from the 1991 Gulf War and 37 of their... |
Bruce Zagaris |
19 |
10 |
2003-10-01 |
United States, Iraq |
Human Rights |
|
Mastercard Cancels License for Bahamian Bank to Issue Credit Cards |
On July 30, 2003, the President of Leadenhall Bank and Trust confirmed its license to provide offshore credit cards had been cancelled, which resulted from IRS audits that revealed taxpayers were... |
Bruce Zagaris |
19 |
10 |
2003-10-01 |
United States, Bahamas |
Bank Secrecy, Taxation |
