Category: Traffic Sports USA

The deal between Turkey and FATCA

Turkey’s ruling Justice and Development Party (AKP) government, in power for 13 years, has been notoriously lax and often late when it comes to implementing stringent rules controlling money in order to ensure better transparency in financial movements, halt tax evasion, prevent illicit funding and disrupt money laundering activities. That… – Continue reading

McNerney introduces anti-outsourcing bills

Citing the need to boost job growth locally and around the United States, Rep. Jerry McNerney, D-Stockton, has introduced legislation that would close tax loopholes that encourage companies to send jobs overseas and that would make companies reveal their outsourcing. The idea behind the legislative package is to provide greater… – Continue reading

Foreign investment and tax: what the ATO’s expanded armoury means for foreign investment into Australia

A series of recent developments means that tax is now a key part of the Australian foreign investment regime and the foreign investment rules have significantly more bite. When determining whether a foreign investment proposal is “contrary to the national interest”, the Foreign Investment Review Board (FIRB) actively considers the… – Continue reading

FIFA-Gate: Costa Rica football federation says US ‘mistaken’ in Eduardo Li wire fraud allegation

The leadership of Costa Rican football has circled the wagons around their embattled president, Eduardo Li, after Li was arrested in Zurich, Switzerland, Wednesday on charges of racketeering, wire fraud and money laundering. Jorge Hidalgo, acting president of the Costa Rican Football Federation, FEDEFÚTBOL, told the website Amelia Rueda that… – Continue reading