Deáglan de Faoite
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deaglandef.bsky.social
Deáglan de Faoite
@deaglandef.bsky.social
Yep, I don't know 🤷
Reposted by Deáglan de Faoite
"Even without international reporting for #crypto, #Denmark 🇩🇰 enforces third-party reporting by domestic platforms. Linking these data to tax returns shows that about 90% of crypto sellers fail to report in a given year." 💬 Mona Baraké
February 3, 2026 at 3:18 PM
Reposted by Deáglan de Faoite
"Crypto sits largely outside the traditional financial system, with no international third-party reporting. In Norway (2021), approximately 5% of adults owned crypto, but only 0.89% reported it for tax purposes—implying a reporting rate of about 17%." 💬 Andreas Okland
February 3, 2026 at 3:03 PM
Reposted by Deáglan de Faoite
"Oligarchs’ companies have a very global footprint & rely heavily on tax havens. Sanctions have no impact on their global footprint. After sanctions are imposed, these companies tend to reallocate toward more secretive locations & continue to receive Western capital." 💬 Marcel Olbert
February 3, 2026 at 1:55 PM
Reposted by Deáglan de Faoite
"Adopted in 2015, the EU’s 4th AML Directive required beneficial ownership registries. Exploiting its staggered adoption, evidence shows higher competition in public procurement, driven by open procurement procedures." 💬 Carol Seregni
February 3, 2026 at 1:24 PM
Reposted by Deáglan de Faoite
Session 2: transparency & beneficial ownership

"Tax havens create negative spillovers—eroding tax bases & enabling crime. In 2015, #Ecuador 🇪🇨 imposed a +3pp corporate tax surcharge on firms owned via tax havens. Result: a 30% drop in observed haven ownership." 💬 @jakobbrounstein.bsky.social
February 3, 2026 at 1:04 PM
Reposted by Deáglan de Faoite
"The Automatic Exchange of Information (AEOI) seems to deter the shifting of new wealth to offshore accounts; when people become wealthier after the AEOI, they are less likely to transfer money offshore." 💬 @gabrielzucman.bsky.social
February 3, 2026 at 11:01 AM
Reposted by Deáglan de Faoite
"In the Isle of Man, many offshore clients actively avoided tax reporting. Plus, 80% of assets aren’t reported directly by the bank but rather by entities with weaker incentives to comply." 💬 @jeannebomare.bsky.social
February 3, 2026 at 10:13 AM
Reposted by Deáglan de Faoite
First session dives into the economic effects & limitations of #CRS.

“Following the introduction of CRS, it seems that matching rates and reporting rates are very high, so the picture is starting to be positive, but at the same time, tax havens haven’t disappeared.” 💬 @jakobmiethe.bsky.social
February 3, 2026 at 9:36 AM
Reposted by Deáglan de Faoite
“The same mechanisms that operate for tax evasion are used for corruption. There is almost a perfect congruence/coincidence.” 💬 Matthew Caruana Galizia
February 3, 2026 at 5:59 PM
Reposted by Deáglan de Faoite
How effective are transparency innovations in curbing offshore tax evasion? We’re spending the next two days examining the latest evidence on illicit financial flows.

🎙️ Opening remarks by @gabrielzucman.bsky.social.

Can’t make it? Catch the full recording on our YouTube later this week!
February 3, 2026 at 9:36 AM
Reposted by Deáglan de Faoite
Wrapping up Day 2 with the closing keynote: "The AEOI – A Success Story?" by Pascal Saint-Amans.

💬 "Despite some gaps, the AEOI has been a success story. However, growing geopolitical fragmentation risks undermining the infrastructure on the ground that makes it work."
February 4, 2026 at 12:02 PM
Reposted by Deáglan de Faoite
"In terms of challenges, the issue is twofold: the quality of CRS data and timing, as we hope to move toward real-time CRS reporting in the future." 💬 Diego Armando Miranda Barrios
February 4, 2026 at 11:09 AM
Reposted by Deáglan de Faoite
Day 2 kicks off with a session on Common Reporting Standard (CRS) & compliance.

"There is significant tax evasion through offshore tax havens, mostly driven by the wealthiest. Third-party information is key to tax enforcement, & AEoI contributes to this objective." 💬 @hjaltefb.bsky.social
February 4, 2026 at 8:38 AM
Reposted by Deáglan de Faoite
Listen, this headline is a better endorsement of the Digital Services Act than any 1000 words I could come up with.
February 4, 2026 at 9:58 PM
Reposted by Deáglan de Faoite
As inequality reaches extreme levels, the question is no longer whether to tax the super-rich, but how.

🎙️ @gabrielzucman.bsky.social at the University of Amsterdam on taxing the super-rich.
February 2, 2026 at 6:34 PM
Reposted by Deáglan de Faoite
Hybrid US warfare against it’s neighbour evolving…

Trump officials met group pushing Alberta independence from Canada

giftarticle.ft.com/giftarticle/...
Trump officials met group pushing Alberta independence from Canada
Separatists from oil-rich province try to capitalise on friction between White House and Mark Carney
giftarticle.ft.com
January 29, 2026 at 11:32 AM
Reposted by Deáglan de Faoite
Ireland won't be the 1st country to meet its quota but we can't let Italy beat us
Only 2,450 more signatures needed
📍 SIGN NOW 📝
Demand the full suspension of the EU-Israel Association Agreement in view of Israel’s violations of human rights
#spéirgorm
eci.ec.europa.eu/055/public/#...
January 26, 2026 at 9:17 PM
Reposted by Deáglan de Faoite
📃Today the Council gave the final greenlight to a regulation to phase out Russian pipeline and liquefied natural gas imports into the EU.

Read more about the EU's efforts to end its reliance on Russian energy ➡️https://link.europa.eu/F9Y4pT
January 26, 2026 at 9:24 AM
Reposted by Deáglan de Faoite
358 806 signatures for the full suspension of the EU-Israel association, more than 1/3 of what is needed and 4 of the 7 countries needed over 100%.
tinyurl.com/mv8fzdhu

☑️Belgium 103%
☑️Finland 100.5%
☑️France 296%
Ireland 58.7%
Italy 79.8%
Netherlands 31%
Poland 51.4%
☑️Spain 111.9%
Sweden 81.6%
January 24, 2026 at 1:35 PM
Reposted by Deáglan de Faoite
No way we let Sweden get over the line on this ahead of Ireland.

Tell your friends. This isn’t just any old petition, this mechanism has EU clout.
358 806 signatures for the full suspension of the EU-Israel association, more than 1/3 of what is needed and 4 of the 7 countries needed over 100%.
tinyurl.com/mv8fzdhu

☑️Belgium 103%
☑️Finland 100.5%
☑️France 296%
Ireland 58.7%
Italy 79.8%
Netherlands 31%
Poland 51.4%
☑️Spain 111.9%
Sweden 81.6%
January 25, 2026 at 10:40 AM
Reposted by Deáglan de Faoite
I use that French A.I. bot too. Very good.
January 24, 2026 at 8:40 PM
Reposted by Deáglan de Faoite
Well said. I went on Linux half a year ago. Would have been a nightmare (sorry geeks) without AI: french of course:

But with all the digital experts in Europe we can develop a OS for phones and PC that will require 0 input from Win, Google, META and Grok 🤮

apps.apple.com/dk/app/le-ch...
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January 24, 2026 at 8:36 PM