The names and bank details of up to 500,000 wealthy Britons holding money in offshore saving accounts will be passed to HM Revenue and Customs after the tax authority won an important court ruling yesterday. The Special Commissioners, the UK’s top tax court, ordered more than 300 UK and foreign banks to hand over details…
Category: Non-U.S.
China will not enforce Green Dam porn filter plan
China said Thursday it will not force PC makers to bundle an Internet filtering program with computers sold in the country, backing down from a plan that stirred global controversy. China will “definitely not” require the program, called Green Dam, to be packaged with all consumer PCs, said Li Yizhong, China’s Minister of Industry and…
UBS Tax Lawsuit Settled by U.S., Swiss Governments
The U.S. and Switzerland settled a Justice Department lawsuit against UBS AG seeking the names of Americans suspected of evading taxes through 52,000 secret Swiss accounts. The governments have initialed agreements and will later sign a final accord, Justice Department lawyer Stuart Gibson told U.S. District Judge Alan Gold in Miami today. Gibson didn’t disclose…
Saudi women use spyware to monitor spouses’ activity
Women in Saudi Arabia are randomly loading spyware on the desktops, laptops, and other electronics related to the Internet of their husbands to monitor for unfaithfulness or attempts at infidelity. Say experts that spyware is referred to any stealthy, malicious PC software which gathers personal information transmitted via the Internet. Reportedly, the software that Saudi…