Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Ex-Port of Los Angeles police chief sentenced to 2 years in prison

From CBS Los Angeles:

The former chief of the Port of Los Angeles Police Department was sentenced to two years in prison for failing to report more than $1 million in income.

Ronald Jerome Boyd, 57, was also ordered to pay $305,054 in restitution and two years of supervised release after he gets out of […]

FacebookEmailShare

ITF top level board praises Panama papers release and exposure of injustice and wrongdoing

Commenting on the continuing furore over the release of the Panama papers, ITF (International Transport Workers’ Federation) president Paddy Crumlin said: “Cover up, silence, secrecy, zero accountability. Those are what these leaks have exposed. For those who have campaigned against flags of convenience (FOCs) in shipping, these new facts, shocking though they are, will not […]

FacebookEmailShare

ITF comment on Panama Papers revelations

From the International Transport Workers’ Federation:

The International Transport Workers’ Federation (ITF) is welcoming revelations of tax avoidance and related activities in the leaked Panama Papers this week in the hope that the exposure will lead to a change in the current climate of tacit approval for this kind of socially damaging behaviour.

General secretary […]

FacebookEmailShare

China detains three Marubeni-Columbia Grain employees on suspicion of tax evasion

Breaking news from the Chicago Tribune about Marubeni, the Japan-based owner of the Columbia Grain elevator in Portland that’s locked out ILWU members:

Three employees at one of Marubeni Corp’s grain trading unit in China have been detained, Chinese customs said on Thursday, a move prompted by allegations of tax evasion on soybean imports.

The […]

FacebookEmailShare

Tax tribunal exposes £14m avoidance trick by DP World

Judge describes attempts by the Dubai business to reduce its tax bill as ‘a scripted game of charades’

A complex and aggressive attempt to avoid UK tax on an international ports business controlled by the billionaire ruler of Dubai has been thrown out by a tax tribunal, which branded the scheme “an elaborate trick”. The […]

FacebookEmailShare

Argentina excludes Bunge from Cereals Register amid tax probe

Bunge Ltd. (BG), Argentina’s second- biggest exporter, was excluded from the Cereals Register by the Argentine government amid a tax probe, the Official Gazette said today, without elaborating.

Being excluded will postpone Bunge’s readmission later, a tax agency official who asked not to be identified because of the agency’s communications policy, said in a telephone […]

FacebookEmailShare

Bunge suspended from key grain-trader registry

According to Afip, Bunge bilked the state out of more than 435 million pesos ($93 million) in taxes in 2006 and 2007.

Argentina has affirmed the suspension of international grain trader Bunge Ltd.’s local subsidiary from a key grain registry due to tax evasion charges.

The company, one of Argentina’s leading grain exporters, was included […]

FacebookEmailShare

Brazil tightens taxes on commods companies

Cargill exports feed to Europe from its facility in Santarem, Brazil. The measure in this Reuters article is aimed at ending ‘price manipulation’ of inter-company imports and exports that allow multinational companies to evade Brazilian taxes.

Brazil cracked down on multinational commodities firms Wednesday with rules to block them from shifting tax liabilities to […]

FacebookEmailShare

Grain companies blocked from exporting

The Big Four of world grain trading, ADM, Bunge, Cargill and Louis Dreyfus are all facing court orders in Argentina, with the government prosecuting them for tax evasion.

It comes after the companies were earlier in the year suspended from exporting out of Argentina.

All the companies strenuously deny the charges.

Argentina is a growing […]

FacebookEmailShare

Global food crisis: Argentina battles multinational grain giants

Argentinian authorities say that ADM, Louis Dreyfus, Cargill and Bunge have "have descended into criminality" to avoid paying taxes on their grain exports. The companies deny the charges.

The neoliberal consensus of the last two-and-a-half decades, in which emerging economics have been encouraged to open up their agricultural markets and export raw materials while […]

FacebookEmailShare

Bunge Unworried by Argentine Tax Snafu

Bunge (BG), one of the world’s largest grain marketers, is flying high thanks to record grain prices.

First-quarter net income soared to $232 million from $63 million during the first quarter of 2010. That jump was in no small part to its grain-marketing business globally, including in Argentina, one of the largest exporters of several […]

FacebookEmailShare

Grain exporters raided again in Argentina tax probe

Argentine soybeans

Argentine tax inspectors raided the premises of some of the country’s largest multinational grains exporters on Thursday as part an investigation into alleged evasion, the AFIP tax agency said.

The local offices of agribusiness giants Bunge Ltd and Cargill were among those raided, a source close to the probe said on condition […]

FacebookEmailShare