EUROPEAN HEADLINES
BBC Europe – Apple’s secret tax bolthole revealed. The world’s most profitable firm has a secretive new structure that would enable it to continue avoiding billions in taxes, the Paradise Papers show. They reveal how Apple sidestepped a 2013 crackdown on its controversial Irish tax practices by actively shopping around for a tax haven. It then moved the firm holding most of its untaxed offshore cash, now $252bn, to the Channel Island of Jersey.
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| Le Monde |
€350 billion hidden through tax evasion
“Paradise Papers”: an investigation carried out by Le Monde, the international Consortium of Investigative Journalists and 95 media partners, reveals the tax optimisation secrets of multinationals and of the very wealthy. |
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| Suddeutsche Zeitung |
The tax dodges of Apple, Nike, and others
The Paradise Papers show that the mobile phone manufacturer wanted an assurance from Jersey authorities for not having to pay taxes. Race car driver Lewis Hamilton is also among the tax dodgers. |
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| El Mundo |
European Parliament bans entrance to Puigdemont
The Parliament vetoes use of its facilities by Puigdemont for electoral purposes while he is in Belgium. |
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| De Morgen |
Brussels now the real scene for Spanish conflict
Hundreds of Catalans, including 200 mayors and several company leaders, are pleading their case in Brussels today. In the beginning of December, supporters of Catalan independence are planning a demonstration in Brussels. |
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| Corriere Della Sella |
Centre-Right wins, PD in crisis
Governor Musumeci comes close to 40%. Di Maio cancels TV debate with Renzi. PD says: He is scared. |
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| Phileleftheros |
The French at the naval base
The French Defence Ministry and the Navy are examining a proposal for the base at Mari. |
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| Naftemporiki |
In the “clamp” of taxes
Parliamentary Budget Office: The ability of citizens to pay taxes is being exhausted. |
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| Publico |
Home Affairs Ministry bought a system to monitor SIRESP two year ago but never used it
Civil Protection asked the government to use the software after Pedrógão, but with without success. In the wild fires of 15 October, the surveillance system in real time was not yet available. |
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| NYT |
Pressure on a food staple
New regulations to protect wild Norwegian salmon could affect farm supply. |
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| Kommersant |
They are picking false keys to the black list
The snowballing problem of bouncing bank customers in operations due to the black list of the Central Bank and the Federal Financial Monitoring Agency has led to the emergence of new players such as “unblockers”. For a fee, they promise companies and individuals under suspicion in violation of the AML/CFT law to unblock the accounts, return the money, and even exclude them from the blacklist. Experts warn it is impossible to implement these promises in practice; it is only an attempt of fraudsters to capitalize on the wave of panic around the massive locks. |
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