Search Results for: tax havens
EU considers blacklisting NZ over tax laws
August 1st, 2016
Possible EU sanctions against New Zealand could make travel harder and have a massive effect on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax havens, Newshub revealed on Monday ...
The Tiny Malaysian Island That Wants to Be a Tax Haven
June 3rd, 2016
In the secretive world of offshore tax havens, the tiny Malaysian island of Labuan is doing something curious: seeking the spotlight. Top executives of the Labuan International Business and Financial Centre have been on a tour of major cities ...
Panama Papers spur global tax tightening as second leak names more people, companies
May 10th, 2016
Details are still being sifted from the hugely anticipated second global data leak that names people, companies and tax schemes connected to offshore entities — many with familiar names. Legal or otherwise, the new cache of thousands of financial ...
How corporate tax avoidance is hurting America and the rest of the world
April 15th, 2016
Tax-haven abuse by multinationals is exacerbating the global wealth gap and putting an excessive burden on developing countries, according to a damning new report from the nonprofit Oxfam. Coming just a week after the release of what have come ...
HMRC’s response to the ICIJ story on offshore tax evasion
April 5th, 2016
Jennie Granger, Director General of Enforcement and Compliance, HM Revenue and Customs, said: HMRC is committed to exposing and acting on financial wrongdoing and we relentlessly pursue tax evaders to ensure that they pay every penny of taxes and fines ...
Google Isn’t Paying the ‘Google Tax’
February 19th, 2016
Close to four years ago, Europe began to notice that some of the world’s biggest technology companies were paying minimal tax on the billions of dollars they earned across the continent. Among those the U.K. and other governments criticized ...
French ex-minister in court over tax fraud, money laundering
February 9th, 2016
Jerome Cahuzac was the face of France’s fight against tax evaders — until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world. President Francois Hollande’s onetime budget minister is ...
Which country is the World’s Favorite New Tax Haven?
January 28th, 2016
The World’s Favorite New Tax Haven Is the United States Moving money out of the usual offshore secrecy havens and into the U.S. is a brisk new business. Last September, at a law firm overlooking San Francisco Bay, Andrew ...
Google, Facebook, Amazon, eBay and Apple avoided £1BILLION of UK tax
January 27th, 2016
A Mirror investigation has revealed the UK is missing out on huge sums as multinational firms are based in tax havens Five of the world’s biggest tech companies avoided paying £1 BILLION in UK tax last year, the Mirror ...
The accounting trick that helps multinationals avoid paying tax
October 30th, 2015
Chevron Australia’s aggressive tax strategies have resulted in an additional $322 million tax bill, but this may only be the beginning of the energy giant’s woes with the Australian Taxation Office. And others could face the same headache. The ...
