All tax evasion articles

  • Googlecrop
    Article

    Google to pay $1B to resolve French tax disputes

    2019-09-13T16:31:00Z

    Google will pay $1 billion in penalties and back taxes, putting to an end a pair of investigations in France into whether the tech giant properly declared the full extent of its activities in the country.

  • HeadInSand
    Article

    Swiss bank ignores compliance officer; pays $10.7M for tax evasion

    2019-08-06T17:07:00Z

    A Swiss-based private bank reached a $10.7 million settlement and entered into a non-prosecution agreement with the U.S. Department of Justice for committing tax evasion after recommendations made by its compliance officer went ignored.

  • Blog post

    European Commission hopes Paradise leaks ‘create political momentum’

    2017-11-07T12:45:00Z

    The European Commission yesterday reiterated its commitment to fight against tax evasion, following the Paradise Papers leak.

  • Blog post

    Paradise Papers: The sequel to the Panama Papers

    2017-11-05T22:45:00Z

    Dubbed the Paradise Papers, more than 381 journalists in 67 countries embarked on an effort of massive proportions to parse through 13.4 million leaked documents—many that mention some of the world's largest companies—revealing that the shady world of shell companies, offshore tax shelters, and secret trusts is far more prevalent ...

  • Article

    Preparing for the U.K. Criminal Finances Act

    2017-10-03T10:00:00Z

    A new law holds that companies active in the U.K. could be subject to U.K. criminal proceedings if an employee anywhere in the world facilitates tax evasion.

  • Blog post

    Theresa May: Champion of the workers, poor, and oppressed?

    2016-10-19T11:15:00Z

    Paul Hodgson provides an in-depth look at Conservative Prime Minister Theresa May’s comments during the Conservative Party conference this month and what they mean for Britain’s future.

  • MossackFonseca_1
    Blog post

    Panama Papers: Mossack Fonseca linked to offshore deals in Africa

    2016-07-27T10:15:00Z

    A new round of investigations on the Panama Papers conducted by the International Consortium of Investigative Journalists (ICIJ) this week revealed that Panama-headquartered law firm Mossack Fonseca established offshore companies to own, hold, or do business with petroleum, natural gas, and mining operations in 44 of Africa’s 54 countries—many of ...

  • Blog post

    EU tackles tax abuse in the wake of Panama Papers

    2016-07-26T09:30:00Z

    The Panama Papers document leak shed much light on a deep and pervasive effort to evade taxes. Since then, the European Union has passed a number of new rules to improve tax transparency and close tax loopholes. According to CW’s Paul Hodgson, the EU is only just getting started.

  • Blog post

    French tax authorities seek €356 million from Booking.com

    2016-06-06T10:15:00Z

    French tax authorities are seeking €356 million (approximately US$404 million) from Booking.com, a unit of online hotel reservation company Priceline Group, to recover what they claim are unpaid income taxes and value-added taxes, the company disclosed in a quarterly report.

  • TaxEvasion
    Blog post

    OECD: More countries commit to tackle tax evasion

    2016-05-11T13:30:00Z

    The Organization for Economic Cooperation and Development and the Global Forum on Transparency and Exchange of Information for Tax Purposes has announced that Bahrain, Lebanon, Nauru, Panama, and Vanuatu are now committed to sharing financial account information automatically with other countries. Jaclyn Jaeger has more.

  • Blog post

    Tax Evasion Problems at VW “Not Small”

    2015-11-24T11:30:00Z

    German investigators have launched a new criminal probe into Volkswagen (VW) in light of the automaker’s recent emissions scandal. Prosecutors are examining five suspects who might be involved in this investigation. An Irish Times report said that prosecutors in Braunschweig are now investigating tax evasion allegations at the scandal-ridden German ...

  • Blog post

    Third Parties Face Penalties Over ‘Deliberate Tax Evasion’ Scheme

    2015-09-30T11:00:00Z

    An investigation into third parties by the Revenue Commissioners of Ireland revealed that some companies were deliberately dodging tax laws by submitting incomplete and doctored disclosures to avoid penalties. According to a report by the comptroller and auditor general, tighter regulations are necessary to help crack down on tax evasion ...