Comments on: Regulatory arbitrage datapoint of the day http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/ A slice of lime in the soda Tue, 21 May 2013 20:24:52 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: polit2k http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/comment-page-1/#comment-11752 polit2k Wed, 03 Feb 2010 18:59:51 +0000 http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/#comment-11752 now also denmark, nl and austria wanna buy the data about their tax evaders: http://www.zeit.de/politik/ausland/2010-02/steuer-daten-schweiz-eu now also denmark, nl and austria wanna buy the data about their tax evaders: http://www.zeit.de/politik/ausland/2010- 02/steuer-daten-schweiz-eu

]]> By: polit2k http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/comment-page-1/#comment-11702 polit2k Mon, 01 Feb 2010 19:13:05 +0000 http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/#comment-11702 I hear rumours that the HSBC disk contains data on more UK than German tax dodging customers:-) I hear rumours that the HSBC disk contains data on more UK than German tax dodging customers:-)

]]> By: rentpayer http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/comment-page-1/#comment-11689 rentpayer Mon, 01 Feb 2010 15:49:04 +0000 http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/#comment-11689 The cleanest solution to the problem of tax evasion is a land value tax. Don't need to worry about what assets anyone has outside the country, just determine the value of their land and be sure that somebody pays the appropriate tax. It doesn't matter who pays as long as the tax is paid. If nobody pays, the land is taken and resold for taxes. The cleanest solution to the problem of tax evasion is a land value tax. Don’t need to worry about what assets anyone has outside the country, just determine the value of their land and be sure that somebody pays the appropriate tax. It doesn’t matter who pays as long as the tax is paid. If nobody pays, the land is taken and resold for taxes.

]]> By: polit2k http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/comment-page-1/#comment-11684 polit2k Mon, 01 Feb 2010 10:51:11 +0000 http://blogs.reuters.com/felix-salmon/2010/02/01/regulatory-arbitrage-datapoint-of-the-day-2/#comment-11684 Credit is at the heart of trade. Why is the WTO not involved in linking globalisation of financial services to trade? In other words, if the Swiss can play fast and loose on tax evasion, then it should be perfectly reasonable to hammer their industrial enterprises with tariffs because CH Inc. as a sovereign entity has a an unreasonable (not to say illegal) competitive advantage. A similar argument can be used WRT to currency pegging, for example, China's US$ peg. If major currencies do not free float the WTO should be amenable to imposing tariffs or fines. Credit is at the heart of trade. Why is the WTO not involved in linking globalisation of financial services to trade? In other words, if the Swiss can play fast and loose on tax evasion, then it should be perfectly reasonable to hammer their industrial enterprises with tariffs because CH Inc. as a sovereign entity has a an unreasonable (not to say illegal) competitive advantage.

A similar argument can be used WRT to currency pegging, for example, China’s US$ peg. If major currencies do not free float the WTO should be amenable to imposing tariffs or fines.

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