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Accounting News

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Denmark pushes to widen probe into multi-billion-euro tax fraud

06/11/2018(0)
Denmark is widening its investigation of a massive stock trading scam, as the state attempts to recover $2 billion of tax reclaims it was tricked into paying. The country’s ... Read More
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UK to introduce ‘Google tax’ in 2020

31/10/2018(0)
When it comes to tech, Britain wants to have its cake and eat it, too. The U.K. moved on Monday to extract more tax from the likes of Google ... Read More
scam

Top EU banks guilty of multi-billion tax fraud

23/10/2018(0)
Tax-scams operated by the EU’s top banks cost treasuries €55.2bn, a cross-border investigation has shown. The scams, dubbed “the biggest tax robbery in European history”, involved Deutsche Bank and ... Read More
BDO

Former BDO USA accountants suspended

16/10/2018(0)
The Securities and Exchange Commission (SEC) suspended three former BDO USA LLP accountants for their improper professional conduct during an audit of an exchange-listed insurance company. According to the SEC’s ... Read More
Tax heaven

EU weighs screening member states over tax avoidance

15/10/2018(0)
The European Union is considering screening its own member states to assess whether they should be included in the bloc’s blacklist of tax havens, a senior EU official said ... Read More
Tax heaven

Liechtenstein and Peru removed from EU “gray” list of tax havens

05/10/2018(1)
Liechtenstein and Peru are compliant with EU laws on tax after implementing necessary reforms and were therefore removed from EU “gray” list of tax havens, the Council of the ... Read More
vat

European Commission released VAT Gap Frequently asked questions

27/09/2018(0)
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount ... Read More
money_laundering

CEO of Denmark bank quits amid an alleged $233 billion money-laundering investigation

20/09/2018(1)
The chief executive of Danske, Denmark’s largest bank, resigned Wednesday after a year-long internal investigation into money laundering found $233 billion in suspicious transactions moving through the bank’s tiny ... Read More
Digital Tax

Positions, problems and prospects of EU ‘digital tax’ proposal

14/09/2018(0)
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such ... Read More
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Pan-European tax fraud web leads to New Jersey and Dubai

12/09/2018(0)
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, ... Read More
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