Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries
The Panama Papers scandal helped create a “snowball effect” of international awareness on how anonymous corporate vehicles can enable tax evasion, corruption, and crime, advocates say. April 13, 2021 Nairobi, Kenya
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by anonymous corporate vehicles.
Cyprus, Ghana and Kenya have finalized so-called “beneficial ownership registries” that require local companies to declare owners to national authorities. Law enforcement, transparency activists and tax inspectors have long recognized the value of such disclosures in deterring criminals and corrupt officials.
Wichita Falls dispatchers recognized timesrecordnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesrecordnews.com Daily Mail and Mail on Sunday newspapers.
President Joe Biden and congressional leaders will attend a ceremony for Evans, who was killed April 2 when a vehicle rammed into him and another officer at a barricade just 100 yards from the Senate side of the Capitol.
Commentary: The New Mexico Energy, Minerals and Natural Resources Department (EMNRD) supports the effort in the United States Congress to pass legislation funding orphan well plugging. Both the House and Senate have now introduced companion bills on this important issue with leadership from New Mexico’s delegation. EMNRD applauds Senator Ben Ray Luján for co-sponsoring the Senate bill with Senator Cramer of North Dakota and Representative Teresa Leger Fernández for sponsoring the House bill. The bills will provide federal funding for oil-producing states to plug and reclaim orphaned wells and associated sites. A fully funded program would ensure EMNRD’s Oil Conservation Division can plug and reclaim many of the orphaned sites in the state and protect the environment, while putting oilfield workers back to work.
Biden s coup on SCOTUS a dangerous maneuver: attorney onenewsnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onenewsnow.com Daily Mail and Mail on Sunday newspapers.