Topic filter : Tax Evasion

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Friday 3rd of March 2017 01:07:46 AM
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....That stoked up the rip-roaring 1980s house price boom to an even greater frenzy than before, and helped pave the way for the subsequent house price crash and the recession of the early 1990s. These days any concern about giving too much notice of tax changes tends to focus on the government's frequent attempts to stop tax evasion. ... [Read full article on BBC ]
Tuesday 7th of March 2017 12:11:17 AM
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....China denies the recent moves are related to the Thaad deployment. In a separate development, the Lotte Group's 93-year-old founder and three other family members went on trial in Seoul on Monday for alleged embezzlement, tax evasion and fraud. ... [Read full article on BBC ]
Monday 20th of March 2017 09:12:27 AM
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.... . The four were indicted in October 2016 on a range of charges including embezzlement, tax evasion and fraud. ... [Read full article on BBC ]
Tuesday 21st of March 2017 09:11:15 AM
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Latest Finance News related to Tax Evasion

K-Drama image
Source : BBC [Read Article] Tuesday 21st of March 2017 09:11:15 AM
.... . The four were indicted in October 2016 on a range of charges including embezzlement, tax evasion and fraud. ...
S Korea complains to WTO about China over Thaad image
Source : BBC [Read Article] Monday 20th of March 2017 09:12:27 AM
....China denies the recent moves are related to the Thaad deployment. In a separate development, the Lotte Group's 93-year-old founder and three other family members went on trial in Seoul on Monday for alleged embezzlement, tax evasion and fraud. ...
Goodbye Spring Budget image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:11:17 AM
....That stoked up the rip-roaring 1980s house price boom to an even greater frenzy than before, and helped pave the way for the subsequent house price crash and the recession of the early 1990s. These days any concern about giving too much notice of tax changes tends to focus on the government's frequent attempts to stop tax evasion. ...
Developer claiming £132m   from Candy brothers is accused of 'serial dishonesty' image
....The legal battle began in earnest this week after a year of pre-trial clashes. Lawyers hired by Holyoake have delved into the Candys’ financial affairs, leading to accusations in court of tax evasion. ...
It's time corporate tax dodgers started losing lucrative council contracts | Paul Monaghan image
. In a significant step forward for tax justice, the UK government has said all councils in England, Wales and Northern Ireland must interrogate potential suppliers on any history of tax evasion and avoidance dating back to October 2012. ...
'The UK is a tax haven' – Bermuda attacks plan to end financial secrecy image
....”. The Panama Papers exposed how thousands of offshore companies have been used to help hide the proceeds of fraud, political corruption and tax evasion. ...
HMRC empowered to name and shame tax evasion 'enablers' image
Source : Guardian [Read Article] Sunday 1st of January 2017 10:53:10 AM
. Tax advisers, accountants and lawyers who aid the super-rich with offshore tax evasion will face tough new penalties from New Year’s Day, with HMRC now able to publicly name and shame “enablers”. ...
Advisers helping tax evasion face fines image
Source : BBC [Read Article] Sunday 1st of January 2017 03:17:46 AM
. Accountants, bankers, lawyers and advisers who assist with tax evasion will be hit with fines as part of a crackdown on the practice. ...
Fears that EU measures against financial crime will be weakened image
Source : Guardian [Read Article] Tuesday 20th of December 2016 06:34:58 PM
....Chris Taggart, of the financial transparency group OpenCorporates, warned that the weakened measures would constitute governments returning to “business as usual” less than a year after the Panama Papers. “We have seen the results of disclosing beneficial ownership information privately on an honour system and it’s obvious that this hasn’t been good enough to fight corruption, tax evasion and other financial crimes,” Taggart said. ...
UK MPs unite to push for greater transparency from tax havens image
Source : Guardian [Read Article] Tuesday 20th of December 2016 12:01:33 AM
....The move is expected to face fierce opposition from the handful of the UK’s overseas territories – including the British Virgin Islands, Turks and Caicos Islands and Anguilla – that have become some of the world’s most active secrecy havens. Earlier this year, the Panama Papers scandal laid bare how offshore corporate secrecy regularly attracts illicit money flows linked to terrorism, corruption, money laundering, tax evasion, drugs and fraud. ...
Bad money image
Source : BBC [Read Article] Saturday 17th of December 2016 12:34:01 AM
....Join the conversation on this and other stories here. While the government has been the target of the rumours, the government perhaps hasn't helped its cause by using skewed surveys to bolster its case for the radical currency project, which Modi says is an attempt to fight counterfeiting, tax evasion and funding terrorism and the drugs trade. ...
HMRC claws back celebrities' tax relief image
Source : BBC [Read Article] Thursday 15th of December 2016 12:17:51 AM
....Chief executive Jon Thompson said HMRC would try to send a detailed update to the committee. A spokesman for HMRC separately stressed that, although "morally reprehensible", tax avoidance was neither tax evasion nor illegal. ...
HMRC chief calls for tax crackdown on Premier League footballers image
Source : Guardian [Read Article] Wednesday 7th of December 2016 08:08:13 PM
....Last week, a European consortium of media, including Germany’s Der Spiegel and the Sunday Times, published leaked details of image rights arrangements for Manchester United manager Jose Mourinho. His agent has stressed that the structure does not involve tax evasion and is “fully compliant with [his] tax obligations”. ...
Football tax review called for by HMRC chief image
Source : BBC [Read Article] Wednesday 7th of December 2016 04:12:44 PM
....The statement added that the allegations stemmed from a cyber-attack earlier this year on some sports agents, details of which were prohibited by a Spanish court from being published. HMRC said it would not comment on named individuals, but took "all allegations of tax evasion extremely seriously" and "always investigates allegations of fraud together with any intelligence provided". ...
India surprises by holding rates at six-year low image
Source : BBC [Read Article] Wednesday 7th of December 2016 10:35:56 AM
.... At others, police were called in to manage queues of anxious customers hoping to change their savings for legal tender. The surprise government move is aimed at tackling corruption and tax evasion. ...
Human rights abusers who buy London homes could have assets seized image
Source : Guardian [Read Article] Sunday 4th of December 2016 10:45:24 PM
....”. The former Labour MP Denis MacShane said going after the London assets of state functionaries was “an updated version of getting Al Capone on tax evasion charges because it was not possible to bring him to justice for murder”. ...
MP calls for inquiry into José Mourinho tax avoidance allegations image
Source : Guardian [Read Article] Sunday 4th of December 2016 10:03:39 AM
....Gestifute, which provides “career management” for sporting professionals, has rejected the allegations. The firm, founded by agent Jorge Mendes, said in a statement: “One newspaper makes the unfounded allegation that Gestifute, its clients and its advisers of having, directly or indirectly, created, organised or designed tax structures to facilitate tax evasion using tax havens. ...
Mourinho faces tax probe call over Sunday Times claims image
Source : BBC [Read Article] Sunday 4th of December 2016 12:05:04 AM
.... . HM Revenue and Customs said it would not comment on named individuals, but took "all allegations of tax evasion extremely seriously" and "always investigates allegations of fraud together with any intelligence provided". ...
Andorra to renounce banking secrecy as it sheds tax haven status image
Source : Guardian [Read Article] Friday 2nd of December 2016 05:48:33 AM
....Banking accounts for 20% of the economy in the nation of barely 90,000 citizens nestled in the Pyrenees between France and Spain. Andorra was briefly on the OECD’s “grey list” of non-cooperative tax havens drawn up as part of a crackdown on tax evasion after the global financial crisis. ...
Local resurgence: 20,000 independents gear up for Small Business Saturday image
Source : Guardian [Read Article] Tuesday 29th of November 2016 07:30:42 AM
....She says consumers are increasingly shunning big businesses in favour of independents. “The tax evasion of big organisations means a lot of people are seeking alternative items to buy from local individuals. ...
Tax avoidance: Philip Hammond pledges to retrieve £2bn image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 05:45:27 PM
....A combination of new and previously announced initiatives will account for the haul, as Hammond also promised to press ahead with new sanctions on advisers who facilitate tax avoidance. In his autumn statement to the Commons, Hammond said: “The government is committed to tackling tax evasion, avoidance and aggressive tax planning … but we must constantly be alert to new threats to our tax base, and be willing to move swiftly to counter them. ...
India's rupee crackdown sees money-changers ink-marked image
Source : BBC [Read Article] Wednesday 16th of November 2016 11:20:10 AM
....Prime Minister Narendra Modi scrapped 1,000 (£11. 8) and 500 notes in a surprise move last week as part of a tax evasion and corruption crackdown. ...
Tax havens helped get likes of Donald Trump elected, experts say image
Source : Guardian [Read Article] Tuesday 15th of November 2016 02:18:12 PM
....The Nobel prize-winning economist Joseph Stiglitz and the Swiss anti-corruption expert Mark Pieth have set out a series of recommendations for reforming the offshore economy in a report to be presented to the parliament’s Panama Papers inquiry on Wednesday. The pair made headlines earlier this year after walking out of the Panamanian government’s inquiry into the offshore tax evasion scandal. ...
Three bank employees arrested in UK insider trading investigation image
Source : Guardian [Read Article] Friday 11th of November 2016 06:25:18 PM
.... It brought together investigators, compliance specialists and analysts from HM Revenue and Customs, the NCA, the Serious Fraud Office and the FCA. This week ministers told parliament that civil and criminal investigations into 22 individuals suspected of tax evasion had been opened. ...
India rupees: Chaos at banks continues after ATMs reopen image
Source : BBC [Read Article] Friday 11th of November 2016 07:17:35 AM
....ATMs opened at midnight after being shut for 48 hours and hundreds queued up early morning to make withdrawals. The surprise government move is aimed at tackling corruption and tax evasion. ...
HMRC chasing £1.9bn tax from UK's richest people image
Source : BBC [Read Article] Tuesday 1st of November 2016 02:11:03 AM
....The officials can open a formal inquiry into a case, which can take years to resolve. According to the NAO, HMRC is criminally investigating 10 high net worth individuals in relation to illegal offshore tax evasion, although just one has been prosecuted since 2010. ...
Big bonanza image
Source : BBC [Read Article] Thursday 13th of October 2016 11:29:58 PM
. Earlier this month, the Indian government announced that tens of thousands of people had taken advantage of a tax evasion amnesty scheme to declare more than $9. ...
More than a fire row image
Source : BBC [Read Article] Tuesday 11th of October 2016 04:55:54 PM
....And there will no doubt be a resurrection of an ongoing debate about chaebols and whether they are too cosy with government and too contemptuous of the law. In 2008, Mr Lee senior was found guilty of tax evasion and financial wrongdoing. ...
With robots, is a life without work one we'd want to live? image
Source : Guardian [Read Article] Monday 26th of September 2016 07:21:21 AM
.... In some cases, it might also be the right thing to do for society. If robots prove more capable surgeons or artificial accountants are less willing to facilitate tax evasion than the occasional dodgy human version, there would be a solid ethical argument for making humans redundant from those professions. ...
Leak reveals Amber Rudd's links to offshore investment funds image
Source : BBC [Read Article] Wednesday 21st of September 2016 06:41:48 PM
....But there is no suggestion she herself used the companies to avoid tax. The Bahamas has been criticised for holding out against international attempts to improve transparency and crack down on tax evasion and avoidance. ...
How to hide it: inside the secret world of wealth managers | Brooke Harrington image
Source : Guardian [Read Article] Wednesday 21st of September 2016 05:00:17 AM
.... Following the financial crisis and news stories such as the Panama Papers, these tactics – many of which are also used by corporations to avoid taxation and regulation – are attracting increasing public attention and condemnation. The profession – whose main representative body is the London-based Society for Trust and Estate Practitioners (Step) – has been singled out for blame in several countries by government agencies concerned with tax evasion, money laundering, and growing worldwide wealth inequality. ...
Bosses could face jail for failure to prevent fraud image
Source : BBC [Read Article] Monday 12th of September 2016 04:20:13 AM
....Company bosses could be prosecuted for failing to stop their staff committing fraud under new laws being considered by ministers. The plans, which have yet to be officially unveiled, follow similar plans to make company boards liable if staff facilitate tax evasion. ...
Panama Papers: Denmark to buy leaked data image
Source : BBC [Read Article] Wednesday 7th of September 2016 04:48:57 PM
....Some 11. 5m documents previously leaked from the firm to international media revealed huge offshore tax evasion. ...
A slice of the pie image
Source : BBC [Read Article] Wednesday 7th of September 2016 03:34:13 PM

Germany to issue driving bans for non-traffic offences in bid to deter young offenders 
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....“Particularly with adolescents and young adults, for whom a car is often a special status symbol, a driving disqualification is a much more drastic and severe sanction than a suspended sentence would be,” Stephen Mayer told Passauer Neue Presse newspaper. There have been calls for driving bans to be extended to a number of offences, including tax evasion. ...
Panama Papers: Pieth says officials are in denial as he quits image
Source : BBC [Read Article] Saturday 6th of August 2016 04:03:10 PM
....The Swiss anti-corruption expert, Mark Pieth, has told the BBC he resigned from the Panama Papers commission because of government interference. Mr Pieth said officials told him that they would have final say on whether to publish the panel's findings on the offshore tax evasion scandal. ...

Nobel economist Stiglitz quits Panama Papers probe over 'lack of transparency'
 image
....The leak in April of more than 11. 5 million documents from the Panamanian law firm Mossack Fonseca, dubbed the "Panama Papers," detailed financial information from offshore accounts and potential tax evasion by the rich and powerful. ...

Labour avoided paying tax on £4.3 million worth of profits last year
 image
Source : Telegraph [Read Article] Friday 5th of August 2016 09:41:22 AM
....3 million worth of profits last year, according to the latest figures from the Electoral Commission. The revelation came the same day Jeremy Corbyn announced he will fund £500 billion of investment through tackling tax evasion. ...

Labour leadership debate: Owen Smith criticised Jeremy Corbyn... and his fans were furious
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....As an illustration, Mr Smith might have added that, after a speech in Essex just hours earlier, Mr Corbyn had been asked how he would fund his pledge to spend £500billion on infrastructure. Mr Corbyn’s answer? “Through expanding the economy and driving down tax evasion. ...

Voters: open your eyes and escape these political cults
 image
Source : Telegraph [Read Article] Monday 1st of August 2016 12:34:22 PM
.... One characteristic of a cult is that its adherents refuse to acknowledge valid criticism of the leader and will go to extraordinary lengths to defend him. So when Sun Myung Moon was convicted of tax evasion by the US courts, his followers insisted, against all the evidence, that it was a fit up by a state terrified of the truth that Moon was proclaiming. ...
Nick and Christian Candy accused of tax evasion in high court image
Source : Guardian [Read Article] Monday 13th of June 2016 11:53:16 AM
. The property tycoons Nick and Christian Candy have been accused of tax evasion in the high court, in a fiercely contested legal battle that threatens to reveal the complex offshore structure that has sheltered profits from their sprawling real estate empire for a decade. ...
Now’s the time for this government to act on tax avoidance | John McDonnell image
. Last week Madrid police searched Santander’s Spanish headquarters after suspicions were raised that the bank was linked to money laundering and tax evasion on the part of some of its clients. ...
Brexit may seem like the west’s biggest problem. But look at the US economy image
....On Friday, police searched the Spanish HQ of Santander for evidence of its customers hiding their money in HSBC’s Swiss private bank. A few days before that, French magistrates raided Google’s head office in Paris over suspicions of tax evasion. ...
A last hurrah for banknotes as UK switches to mobile and card payment image
Source : Guardian [Read Article] Saturday 4th of June 2016 03:00:13 PM
....Around one in 10 small shops still refuse card payments for small purchases, usually below £5, but are expected to come in line as they are deserted by younger shoppers only prepared to use their phones. Cashless enthusiasts argue the black economy will be hugely diminished, and tax evasion made far more difficult – though privacy campaigners worry about the harvesting of huge amounts of new data. ...
Police search Santander's Madrid HQ in money-laundering inquiry image
Source : Guardian [Read Article] Friday 3rd of June 2016 01:25:48 PM
. Police have searched the headquarters of Santander Bank in Madrid after suspicions were raised that the bank was linked to money laundering and tax evasion on the part of some of its clients. ...
Police search Santander's Madrid HQ in money-laundering inquiry image
Source : Guardian [Read Article] Friday 3rd of June 2016 01:25:48 PM
. Police have searched the headquarters of Santander Bank in Madrid after suspicions were raised that the bank was linked to money laundering and tax evasion on the part of some of its clients. ...
Make profit motive an ally in corruption fight, says offshore expert image
Source : Guardian [Read Article] Thursday 2nd of June 2016 03:32:07 PM
....”. Other measures suggested by Sharman include extending visa bans on suspected kleptocrats to blacklist entire governments to prevent stolen assets from being hidden overseas, and allowing tax inspectors to prosecute corrupt officials for tax evasion arising from interest earned on their illegal wealth. ...
Panama Papers inquiry expected to call George Osborne as witness image
Source : Guardian [Read Article] Wednesday 1st of June 2016 06:20:41 PM
....”. Related: Panama Papers: US launches crackdown on international tax evasion. ...
French tax authorities seek €356m from Booking.com image
Source : Guardian [Read Article] Wednesday 1st of June 2016 06:10:54 PM
.... “If the company is unable to resolve the matter with the French authorities, it would expect to challenge the assessments in the French courts,” Priceline Group said in the filing, which was first reported by Paris Match magazine on Wednesday. Last week, French police raided Google’s Paris headquarters, escalating an investigation into the company on suspicion of tax evasion. ...
France 'to go all the way' to make multinationals pay their taxes image
Source : Guardian [Read Article] Sunday 29th of May 2016 12:48:25 PM
.... There could be other cases,” Sapin said. Dozens of French police raided Google’s Paris headquarters on Tuesday, prompting an investigation on suspicions of tax evasion. ...
Jeremy Corbyn calls for new economics to tackle 'grotesque inequality' image
....“The last Labour government relied too heavily on tax revenues from financial services, and too heavily on off-balance sheet spending through the private finance initiative,” he said. “It didn’t do enough to clamp down on tax evasion and avoidance. ...
David Cameron to introduce new corporate money-laundering offence image
Source : Guardian [Read Article] Wednesday 11th of May 2016 11:04:23 PM
....Related: David Cameron: The fight against corruption begins with political will. By extending a corporate failure-to-prevent clause to fraud and money laundering, the government’s intention is to go further than merely requiring firms to prevent bribery and tax evasion. ...
French minister urges UK to stamp out tax secrecy in its territories image
Source : Guardian [Read Article] Wednesday 11th of May 2016 05:38:18 PM
....”. Sapin said there was a new international drive to clamp down on tax secrecy and corruption because it was clear that there was massive global loss from tax evasion – “for developing countries, but also clearly for countries that are very, very developed”. ...
'Everyone’s outraged': angry Greeks foresee Grexit and drachma's revival image
.... That worries Stergiou. Just as it worries Korkidis who foresees more companies fleeing, massive tax evasion returning and the black market flourishing as people try to survive. ...
'Everyone’s outraged': angry Greeks foresee Grexit and drachma's revival image
.... That worries Stergiou. Just as it worries Korkidis who foresees more companies fleeing, massive tax evasion returning and the black market flourishing as people try to survive. ...
Tax havens have no economic justification, say top economists image
Source : Guardian [Read Article] Sunday 8th of May 2016 11:01:20 PM
....Speaking on BBC Radio 4’s Today programme, Sachs said: “The UK and the US need to take the lead right now to end these tax secrecy havens. We see from the Panama Papers these are simply conduits for massive illegality, corruption, tax evasion and many other nefarious deeds. ...
David Cameron under pressure to end tax haven secrecy image
Source : Guardian [Read Article] Saturday 7th of May 2016 07:54:41 PM
....A failure to take action against the tax havens would be seen as a personal setback for Cameron. Last year he accused some of them of failing to tackle tax evasion and money laundering and pledged a crackdown. ...
Panama Papers: US launches crackdown on international tax evasion image
Source : Guardian [Read Article] Friday 6th of May 2016 01:07:41 AM
. Barack Obama is launching a crackdown on international tax evasion in response to recent disclosures in the Panama Papers revealing the scale of offshore financial activity. ...
Schäuble takes on bank secrecy in Germany after Panama Papers image
Source : Guardian [Read Article] Wednesday 27th of April 2016 06:35:30 PM
....Wolfgang Schäuble is to present the 10-point plan to the heads of Germany’s federal and state tax departments on Thursday. He has stepped up his drive to combat tax evasion internationally following the publication of the Panama Papers, which revealed how offshore firms are used to stash the wealth of the world’s elite. ...
Regulator widens inquiry into UK firms' links with Panama Papers tax havens image
....”. McDermott added: “The reality is, it has long been known there are lots of offshore arrangements made by lots of people for lots of different reasons, many of those reasons are perfectly legal but there is scope for arrangements like that to be used for tax evasion and hide proceeds of more serious criminality. ...
More countries sign up to anti-corruption code image
Source : Guardian [Read Article] Friday 22nd of April 2016 05:06:22 PM
. The Isle of Man and Gibraltar are among a group of 22 jurisdictions that have signed up to a new information-sharing initiative to tackle criminals that use corporate secrecy to hide corruption, money laundering and tax evasion. ...
Don’t blame Panama for the Panama Papers | Isabel Saint Malo de Alvarado image
....A trove of leaked documents relating to offshore corporations with ties to the rich and famous has shed light on the extent to which the world’s financial and corporate centres are vulnerable to abuse by those seeking to hide their wealth. The affair has unfairly come to be known as the Panama Papers, even though, as the documents show, tax evasion and financial crimes are global problems to which no nation is immune. ...
Ultimate owners of UK property may be forced into spotlight image
Source : Guardian [Read Article] Wednesday 20th of April 2016 11:07:53 PM
. Offshore companies buying UK property could be forced to reveal their ultimate owners under plans being considered by ministers to crack down on tax evasion and money laundering. ...
IMF chief: regulators long 'alarmed' over Panama's handling of taxation image
Source : Guardian [Read Article] Saturday 16th of April 2016 07:52:51 PM
....The head of the International Monetary Fund (IMF) said on Saturday the world’s financial regulators had long been “alarmed” about Panama’s lax approach to taxation and corruption but failed to take action. In her strongest comments yet addressing the global tax evasion scandal exposed by the Panama Papers, Christine Lagarde said: “In the case of Panama there had been alert and alarm raised, but there had not been the level of implementation that was expected. ...
One rule for the rich: Britain being robbed of £16BILLION every YEAR by fatcat tax dodgers image
....Committee chairwoman Meg Hillier MP said that the Panama Papers leak showed the rich are still keeping their tax affairs hidden. She said HMRC must prove to the public that rich people are not getting away with tax evasion, which unlike tax avoidance is illegal. ...
Tax crackdown welcomed as first step image
Source : BBC [Read Article] Friday 15th of April 2016 08:26:36 AM
.... . "That means the whole world can take action against those who aren't playing by the rules, and the world has just got a much colder place for those hotspots of international tax evasion," Mr Osborne told BBC business editor Kamal Ahmed. ...
HMRC 'not doing enough' to tackle fraud image
Source : BBC [Read Article] Thursday 14th of April 2016 11:03:30 PM
....But HMRC said it was one of the most effective tax collectors in the world. And it revealed it had 26,000 staff focusing on tax evasion, avoidance and fraud, out of its total staff of 56,000. ...
UK and European allies plan to deal ‘hammer blow’ to tax evasion image
Source : Guardian [Read Article] Thursday 14th of April 2016 08:05:56 PM
. Britain and its European allies have announced new rules designed to be a “hammer blow” against tax evasion in direct response to the Panama Papers leak that exposed how the world’s richest and most powerful people hide their wealth from tax authorities. ...
Mossack Fonseca's Panama offices raided as tax investigators meet in Paris image
Source : Guardian [Read Article] Wednesday 13th of April 2016 02:25:55 AM
. The offices of the firm at the centre of the Panama Papers revelations were raided by police officers on Tuesday as investigators prepared to meet in Paris to launch an unprecedented inquiry into global tax evasion. ...
What is being done to tackle tax-dodging? image
Source : BBC [Read Article] Tuesday 12th of April 2016 06:21:02 PM
.... Evading tax is breaking the law to reduce your tax bill and it is a criminal offence. The UK tax authority - HMRC - says it has taken on an extra 200 investigators since 2010 and it prosecuted 1,165 people for tax evasion in 2014/15, up from just 165 in 2010/11. ...
Panama Papers: global tax officials to launch unprecedented inquiry image
Source : Guardian [Read Article] Tuesday 12th of April 2016 05:27:33 PM
....A spokesman for Her Majesty’s Revenue and Customs (HMRC) confirmed that it would be sending delegates to the Paris conference. Jitsic’s chairman, Chris Jordan, has previously spoken of establishing a “global mindset for tackling tax evasion and aggressive tax avoidance”. ...
Osborne likely to publish tax returns as No 10 says all leaders should image
....Rees-Mogg, who is a member of the Treasury select committee, pointed out that the prime minister had done nothing illegal. “We have to remember that tax evasion is illegal but tax avoidance is not. ...
HMRC chief was partner at law firm that acted for Cameron offshore fund image
....• Cameron prepares to make a statement to parliament in which he will reject any suggestion of wrongdoing by himself or his father and insist that his government “has done more than any other to take action against corruption in all its forms”. • He will announce plans for companies to be held criminally liable if they fail to stop their employees from facilitating tax evasion, in the run-up to an anti-corruption summit that he will host in London next month. ...
George Osborne under pressure to reveal if he has used tax havens image
Source : Guardian [Read Article] Sunday 10th of April 2016 02:49:48 PM
. Companies will be held criminally liable if they fail to stop their employees from facilitating tax evasion, David Cameron will tell MPs on Monday, as he uses a parliamentary statement to defend himself after one of the most difficult weeks of his premiership. ...
How a US president and JP Morgan made Panama: and turned it into a tax haven image
.... The Americans’ paperwork was done by a Republican party lawyer close to the administration, William Cromwell, who acted as legal counsel for JP Morgan. JP Morgan led the American banks in gradually turning Panama into a financial centre – and a haven for tax evasion and money laundering – as well as a passage for shipping, with which these practices were at first entwined when Panama began to register foreign ships to carry fuel for the Standard Oil company in order for the corporation to avoid US tax liabilities. ...

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