Survival of the Richest

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References financialsecrecyindex.com/PDF/Germany.pdf 417. Tax Justice Network. (2015). Financial Secrecy Index. Narrative Report on Germany. Published November 2015. Accessed 19 November 2016: http:// financialsecrecyindex.com/PDF/Germany.pdf 418. Tax Justice Network. (2015). Financial Secrecy Index. Narrative Report on Germany. Published November 2015. Accessed 19 November 2016: http:// financialsecrecyindex.com/PDF/Germany.pdf 419. Meinzer, Markus. (2015). Steueroase Deutschland. Warum bei uns viele Reiche keine Steuern zahlen. Published September 2015. Summary accessed 14 August 2016: http://www.chbeck.de/fachbuch/zusatzinfos/ Anhang2_Steueroase%20Deutschland.pdf 420. The requirements of Article 89 CRD IV regarding this country by country reporting were implemented into German law by an amendment to the German Banking Act (Kreditwesengesetz – ‘KWG‘). The Implementation Act hereto (CRD IV – Umsetzungsgesetz of 28 August 2013), accessed 20 August 2016: https://www.bundesbank.de/Redaktion/DE/Downloads/ Aufgaben/Bankenaufsicht/Bundesgesetzblatt/bgbl_2013_1_53_3395. pdf?__blob=publicationFile 421. On 1 June 2016, the German Federal Ministry of Finance published a draft bill for an Act on the Implementation of the EU Mutual Assistance Directive and of other Measures against Profit Reduction and Profit Shifting (‘Gesetz zur Umsetzung der Änderungen der EU-Amtshilferichtlinie und von weiteren Maßnahmen gegen Gewinnkürzungen und -verlagerungen‘, accessed 20 August 2016: http://www.bundesfinanzministerium.de/Content/DE/ Gesetzestexte/Gesetzentwuerfe_Arbeitsfassungen/2016-07-13-G-Umsetzung-EU-Amtshilferichtlinie-Massnahmen-Gewinnkuerzungen-verlagerungen.html. One of the objectives of the draft bill is to implement the OECD BEPS Action 13 on non-public country by country reporting. 422. German government, reply to questionnaire. 423. See e.g. blog post by the German Tax Justice platform Netzwerk Steuergerichtigkeit, accessed 14 August 2016: http://steuergerechtigkeit.blogspot.fi/2015/09/deutschland-blockiert-weiterhin.html 424. Der Tagesspiegel. (2013). Schonzeit für das Paradies. Article published 29 September 2013. Accessed 14 August 2016: http://www.tagesspiegel.de/wirtschaft/eu-geldwaescherichtlinie-schonzeit-fuer-dasparadies/8862142.html 425. See e.g. EY (2016), accessed 14 August 2016: http://www.ey.com/Publication/vwLUAssets/German_Finance_Ministry_issues_10_Point_Action_Plan_against_Tax_Fraud_Tax_Avoidance_Schemes_and_Money_ Laundering/$FILE/2016G_00616-161Gbl_DE%20FM%20issues%2010%20 Point%20Action%20Plan%20against%20Tax%20Fraud%20Tax%20Avd%20 Schemes%20Money%20Lnder.pdf 426. RP Online. (2016). Schäuble schafft neues Online-Register gegen Geldwäsche. Published 25 November 2016. Accessed 29 November 2016: http://www.rp-online.de/politik/deutschland/geldwaesche-wolfgang-schaeuble-schafft-2017-nationales-transparenzregister-aid-1.6418466 427. European Commission. (2016). Legislative proposals on financial crime. Accessed 15 November 2016. http://ec.europa.eu/justice/civil/financial-crime/applying-legislation/index_en.htm 428. German government, reply to questionnaire. 429. Tax Justice Network. (2015). Financial Secrecy Index. ‘Financial Secrecy Index – 2015 Results’. Accessed 18 November 2016. http://financialsecrecyindex.com/introduction/fsi-2015-results See also Table 3 in the chapter on ‘Hidden ownership’ 430. Ibid. The FATF in its 2010 review of Germany raised the issue of bearer shares: http://www.fatf-gafi.org/media/fatf/documents/reports/mer/ MER%20Germany%20ES.pdf p. 17. 431. German government, reply to questionnaire. 432. See Table 2 and Figure 4 in the chapter ’Tax treaties’. 433. ActionAid. (2016). Mistreated. Published 23 February 2016. Accessed 25 November 2016: http://www.actionaid.org/sites/files/actionaid/actionaid_-_mistreated_tax_treaties_report_-_feb_2016.pdf See also Figure 3 in the chapter ‘Tax treaties’. 434. ActionAid. (2016). Mistreated. Published 23 February 2016. Accessed 25 November 2016: http://www.actionaid.org/sites/files/actionaid/actionaid_-_mistreated_tax_treaties_report_-_feb_2016.pdf See also Figure 3 in the chapter ‘Tax treaties’. 435. Ramboll. (2016). European Commission Taxation Papers. Working Paper no. 61-2015. Study on Structures of Aggressive Tax Planning and Indicators. Published January 2016. Accessed 16 August 2016: http://ec.europa.eu/ taxation_customs/resources/documents/taxation/gen_info/economic_analysis/tax_papers/taxation_paper_61.pdf. See also Figure 1 under the chapter ’Harmful tax practices’. 436. See Table 1 and Figure 2 in the chapter ’Sweetheart deals’. 437. German government, reply to questionnaire. 438. German government, reply to questionnaire. 439. German government, reply to questionnaire. 440. The Irish Times. (2016). Panama Papers: the Irish connections. Published 8 May 2016. Accessed 25 November 2016: http://www.irishtimes.com/business/panama-papers-the-irish-connections-1.2638474 441. The Irish Times. (2016). Intermediaries dominate 300 Irish firms with Panama links. Published 8 April 2016. Accessed 25 November 2016: http:// www.irishtimes.com/business/retail-and-services/intermediaries-dominate-300-irish-firms-with-panama-links-1.2602594 442. The Irish Times. (2016). Budget 2017: Noonan targets offshore tax defaulters. Published 11 October 2016. Accessed 25 November 2016: http://www. irishtimes.com/business/budget-2017/budget-2017-noonan-targets-offshore-tax-defaulters-1.2825257 443. European Commission. Published 30 August 2016. Accessed 25 November 2016: http://europa.eu/rapid/press-release_IP-16-2923_en.htm 444. Irish Government, Department of Finance. Minister Noonan disagrees profoundly with the Commission on Apple. Published 30 August 2016. Accessed 25 November 2016: http://www.finance.gov.ie/news-centre/ press-releases/minister-noonan-disagrees-profoundly-commission-apple 445. Reuters. (2016). Ireland to join Apple in fight against EU tax ruling. Published 2 September 2016. Accessed 13 November 2016. http://www. reuters.com/article/us-eu-apple-taxavoidance-ireland-idUSKCN1180WR 446. See Office of the Attorney General. (2014). ‘S.I. No. 158/2014 - European Union (Capital Requirements) Regulations 2014’ and ‘and S.I. No. 159/2014 - European Union (Capital Requirements) (No. 2) Regulations 2014’. Accessed 25 November 2016: http://www.irishstatutebook.ie/eli/2014/si/158/made/ en/print and http://www.irishstatutebook.ie/eli/2014/si/159/made/en/print 447. Irish Tax and Customs. (2016). Country-By-Country Reporting Some Frequently Asked Questions (FAQs). Updated 13 October 2016. Accessed 25 November 2016: http://www.revenue.ie/en/practitioner/tech-guide/country-by-country-reporting.pdf 448. Irish government, Department of Finance. Statutory instruments. S.I. No. 560 of 2016. Published 15 November 2016. Accessed 25 November 2016: http://www.finance.gov.ie/sites/default/files/Beneficial%20Ownership%20 2016%20Si%20560%20Final.pdf 449. Business World. (2016). Ireland Can Go Further With Anti-Corruption Measures Says Oxfam. Published 13 May 2016. Accessed June 6 2016: https:// www.businessworld.ie/news-from-ireland/Ireland-can-go-further-withanti-corruption-measures-says-Oxfam-564173.html 450. Tax Justice Network. (2015). Financial Secrecy Index. ‘Financial Secrecy Index – 2015 Results’. Accessed 18 November 2016. http://financialsecrecyindex.com/introduction/fsi-2015-results See also Table 3 in the chapter on ‘Hidden ownership’ 112 • Survival of the Richest
References 451. Irish Government, Department of Finance. IBFD Spillover Analysis Possible Effects of the Irish Tax System on Developing Economies. Dated July 2015, Published 13 October 2015. Accessed 25 November 2016: http://www. budget.gov.ie/Budgets/2016/Documents/IBFD_Irish_Spillover_Analysis_Report_pub.pdf 452. Irish Government, Department of Finance. IBFD Spillover Analysis Possible Effects of the Irish Tax System on Developing Economies. Dated July 2015, Published 13 October 2015. Accessed 25 November 2016: http://www. budget.gov.ie/Budgets/2016/Documents/IBFD_Irish_Spillover_Analysis_Report_pub.pdf 453. UNCTAD. (2016). World Investment Report 2016. Published 22 June 2016. Accessed 25 November 2016: http://unctad.org/en/PublicationsLibrary/ wir2016_en.pdf 454. Irish Government, Department of Finance. (2015). IBFD Spillover Analysis Possible Effects of the Irish Tax System on Developing Economies. Dated July 2015. Published 13 October 2015. Accessed 25 November 2016: http:// www.budget.gov.ie/Budgets/2016/Documents/IBFD_Irish_Spillover_Analysis_Report_pub.pdf 455. See Figure 4 in the chapter ’Tax treaties’. 456. Irish Government, Department of Finance. (2015). IBFD Spillover Analysis Possible Effects of the Irish Tax System on Developing Economies. Dated July 2015, Published 13 October 2015. Accessed 25 November 2016: http:// www.budget.gov.ie/Budgets/2016/Documents/IBFD_Irish_Spillover_Analysis_Report_pub.pdf 457. See Table 2 and Figure 4 in the chapter ’Tax treaties’. 458. Eurodad calculations. See reference under Figure 4 in the chapter on ’Tax treaties’. 459. See Table 2 in the chapter ’Tax treaties’. 460. Irish Tax and Customs. (No date). Tax Treaties. Accessed 25 November 2016: http://www.revenue.ie/en/practitioner/law/tax-treaties.html 461. Mistreated: Ireland Chapter, ActionAid Ireland, April 2016 https://actionaid. ie/wp-content/uploads/2016/10/AA-Mistreated-report-Irish-section-only- FINAL-WEB-VERSION-1.pdf 462. Mistreated: Ireland Chapter, ActionAid Ireland, April 2016, p2. https:// actionaid.ie/wp-content/uploads/2016/10/AA-Mistreated-report-Irish-section-only-FINAL-WEB-VERSION-1.pdf 463. Ramboll. (2016). European Commission Taxation Papers. Working Paper no. 61-2015. Study on Structures of Aggressive Tax Planning and Indicators. Published January 2016. Accessed 16 August 2016: http://ec.europa.eu/ taxation_customs/resources/documents/taxation/gen_info/economic_analysis/tax_papers/taxation_paper_61.pdf. See also Figure 1 under the chapter ’Harmful tax practices’. 464. Ramboll Management Consulting and Corit Advisory. (2016). European Commission Taxation Papers. Working Paper no. 61-2015. Study on Structures of Aggressive Tax Planning and Indicators. Published January 2016. Accessed 16 August 2016: http://ec.europa.eu/taxation_customs/ resources/documents/taxation/gen_info/economic_analysis/tax_papers/ taxation_paper_61.pdf. 465. Irish Tax and Customs. Guidance Notes On the Knowledge Development Box. Updated August 2016. Accessed 25 November 2016: http://www.revenue.ie/en/about/foi/s16/income-tax-capital-gains-tax-corporation-tax/ part-29/29-03-01.pdf 466. European Commission. (2014). State aid SA.38373 (2014/C) (ex 2014/NN) (ex 2014/CP) – Ireland Alleged aid to Apple. Dated 11 June 2014. Accessed 25 November 2016: http://ec.europa.eu/competition/state_aid/cases/253200/253200_1582634_87_2.pdf 467. European Commission. Press release – State Aid: Ireland gave illegal tax benefits to Apple worth up to €13 billion. Published 30 August 2016. Accessed 25 November 2016: http://europa.eu/rapid/press-release_IP-16- 2923_en.htm 468. Reuters. (2016). Ireland to join Apple in fight against EU tax ruling. Published 2 September 2016. Accessed 13 November 2016. http://www. reuters.com/article/us-eu-apple-taxavoidance-ireland-idUSKCN1180WR 469. See Table 1 and Figure 2 in the chapter ’Sweetheart deals’. 470. Kildarestreet.com. (2015). Dáil debates. Corporate Tax Policy: Motion (Resumed) [Private Members]. 7 October 2015. Accessed 25 November 2016: https://www.kildarestreet.com/debate/?id=2015-10-07a.802 471. Just three weeks earlier Apple agreed to seal the deal with the Italian Revenue Agency and paid €318 million on the alleged €880 million of avoided corporate taxes between 2008 and 2013. During the meeting Cook announced the financing of the first European IoS Developer Academy in the Naples area (opened 6 October 2016). Il sole 24 ore. (2016). Apple apre a Napoli il primo centro di sviluppo App iOS europeo. Published 21 January 2016. Accessed 9 September 2016: http://www.ilsole24ore.com/art/tecnologie/2016-01-21/apple-apre-napoli-primo-centro-sviluppo-app-ios-europeo--101927.shtml?uuid=ACSJlTEC&refresh_ce=1. La Repubblica. (2015). E' Apple il primo big che si piega: accordo col Fisco italiano, pagherà 318 milioni. Published 30 December 2015. Accessed 9 September 2016: http://www.repubblica.it/economia/2015/12/30/news/e_apple_il_primo_big_che_si_piega_accordo_col_fisco_italiano_paghera_318_milioni-130346963/ 472. L’Espresso. (2016). Panama Papers, tutti i nomi italiani coinvolti: Ecco la lista completa dei 280 connazionali. Database published 15 April 2016. Accessed 9 September 2016: http://espresso.repubblica.it/inchieste/2016/04/05/news/panama-papers-database-tutti-i-nomi-italiani-coinvolti-1.257090 473. Ibid. 474. L’Espresso. (2016). Panama Papers, il Fisco indagherà sugli 800 italiani presenti nei file dei paradisi fiscali. Published 5 April 2016. Accessed 9 September 2016: http://espresso.repubblica.it/inchieste/2016/04/05/news/ il-fisco-indaghera-sugli-italiani-presenti-nei-panama-papers-1.257016 475. La Repubblica. (2016). Panama Papers, procure italiane al lavoro. La Guardia di Finanza indaga per riciclaggio. Article published 6 April 2016. Accessed 9 September 2016: http://www.repubblica.it/economia/2016/04/06/news/panama_papers_procure_italiane_al_lavoro_la_ guardia_di_finanza_indaga_per_riciclaggio-136999109/ 476. La Repubblica. (2015). E' Apple il primo big che si piega: accordo col Fisco italiano, pagherà 318 milioni. Published 30 December 2015. Accessed 9 September 2016: http://www.repubblica.it/economia/2015/12/30/ news/e_apple_il_primo_big_che_si_piega_accordo_col_fisco_italiano_paghera_318_milioni-130346963/ 477. Il Sole 24 Ore. (2016). Credit Suisse Ag verso il pagamento di 100 milioni al Fisco italiano. Published 18 October 2016. Accessed 29 November 2016: http://www.ilsole24ore.com/art/finanza-e-mercati/2016-10-14/credit-suisse-ag-il-pagamento-100-milioni-fisco-italiano-141410.shtml?uuid=AD- WsxXcB 478. L’Espresso. (2016). Credit Suisse indagata per frode miliardaria: agli atti il "manuale del perfetto evasore". Published 9 March 2016. Accessed 9 September 2016: http://espresso.repubblica.it/inchieste/2016/03/09/news/ credit-suisse-indagata-per-frode-miliardaria-agli-atti-il-manuale-del-perfetto-evasore-1.253375 479. Il Sole 24 Ore. (2016). Credit Suisse Ag versa 109,5 milioni al Fisco italiano e alla procura di Milano. Published 21 October 2016. Accessed 19 November 2016: http://www.ilsole24ore.com/art/finanza-e-mercati/2016-10-21/credit-suisse-ag-versa-1095-milioni-fisco-italiano-e-procura-milano-195904. shtml?uuid=ADuvRHhB 480. Speech of the Italian Minister of Finance, P. C. Padoan, on 22.09.2015 on the occasion of a public hearing at the TAXE Committee of the European Parliament. Accessed 29 November 2016: https://polcms.secure.europarl. europa.eu/cmsdata/upload/50982e05-bdd6-4427-af22-8b2705e0db69/ Padoan_220915.pdf 481. European Commission. (2016). Common Consolidated Corporate Tax Survival of the Richest • 113
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Survival of the Richest Europe’s
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Contents Acronyms 4 Glossary 5 Exec
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Glossary Advance Pricing Agreement
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Glossary Tax treaty A legal agreeme
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Executive summary Global solutions
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Global developments 2016 Developing
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Global developments 2016 Box 1 Conc
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Europe’s role in upholding an unj
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Europe's role in upholding an unjus
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Report findings Financial and corpo
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Specific findings Survival of the R
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Methodology for country rating syst
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AUSTRIA TRANSPARENCY REPORTING TAX
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FINLAND TRANSPARENCY REPORTING TAX
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ITALY TRANSPARENCY REPORTING TAX TR
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NORWAY TRANSPARENCY REPORTING TAX T
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SWEDEN TRANSPARENCY REPORTING TAX T
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Recommendations 7. All EU countries
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Austria Taxation Tax treaties Austr
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Belgium Taxation Tax treaties In to
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Belgium Global solutions Belgium di
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Czech Republic According to the 201
Page 61 and 62: Denmark Taxation Tax treaties Tax t
Page 63 and 64: Finland Ownership transparency Finl
Page 65 and 66: France “Of course, the fight agai
Page 67 and 68: France Taxation Tax treaties In tot
Page 69 and 70: Germany In July 2016, the European
Page 71 and 72: Ireland Furthermore, it should be n
Page 73 and 74: Italy “After our meeting in Milan
Page 75 and 76: Latvia “We still have a high inco
Page 77 and 78: Latvia Global solutions The Latvian
Page 79 and 80: Luxembourg One Luxembourg newspaper
Page 81 and 82: Netherlands One of the most crucial
Page 83 and 84: Norway Overview Once the Panama Pap
Page 85 and 86: Poland “It seems to us that those
Page 87 and 88: Slovenia In May 2016, the Financial
Page 89 and 90: Slovenia Global solutions Despite p
Page 91 and 92: Spain Taxation Tax treaties The Spa
Page 93 and 94: Sweden Taxation Global solutions Ta
Page 95 and 96: United Kingdom Anti-Corruption Summ
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Page 99 and 100: References 34. Government of the Un
Page 101 and 102: References 87. European Parliament.
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Page 117 and 118: References 583. Tweede Kamer. (2016
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