Search Results for: tax evasion
Bill Gates says cryptocurrencies have caused deaths
February 28th, 2018
Though the philanthropy under Bill Gates’ name has partnered with cryptocurrency firm Ripple in a bid to help the unbanked, the world’s second richest man said Tuesday that the main feature of Bitcoin and its ilk is not a ...
Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill to ban trading
January 11th, 2018
South Korea’s justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. That news is a major development for the cryptocurrency space, as South Korea is one of the biggest ...
Malta: Paradise Papers leave locals polarized
November 17th, 2017
In the wake of the Paradise Papers leaks, many locals in Malta feel frustrated and are calling on the European Union to come to the rescue. “A term my friend came up with — we are political orphans. We ...
EU Council Approves VAT Derogation For Four States
October 20th, 2017
In Volume 60 of the Official Journal of the European Union (L 265), published October 14, the European Council approved four proposals for council implementing decisions in respect of derogation sought by member states from the EU VAT Directive. ...
Is Italy now more close to exit the euro?
June 1st, 2017
Italy’s central bank warned on May 31 that leaving the eurozone would not solve the country’s economic problems, as two major parties campaign to drop the common currency before an election that may come as soon as this autumn. ...
HMRC launch criminal investigation into global financial institution
April 7th, 2017
HMRC, alongside our international partners, launched an investigation for suspected tax evasion and money laundering by a global financial institution. HM Revenue and Customs is getting increasingly tougher on offshore tax evasion, collecting more than £2.7 billion since 2010. Yesterday, ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
EU mulls reduction in threshold for country-by-country reporting
February 16th, 2017
EU plans for country-by-country reporting could target a much broader base of multinationals if proposals from the European parliament’s Committee on Economic and Monetary Affairs to slash the current threshold are adopted The proposals to amend the Directive would ...
$50bn Russian oil lawsuit set for next stage; Yukos
February 7th, 2017
Russian businessmen trying to overturn a decision to deny them a record $50bn arbitration award following the collapse of oil company Yukos will file their grounds of appeal next month. The businessmen are all ex-shareholders at the company, which ...
Greece, US Sign FATCA agreement
January 27th, 2017
Finance Minister Euclid Tsakalotos and U.S. Ambassador to Greece Geoffrey Pyatt signed on Thursday a bilateral agreement to improve international tax compliance and the implementation of the law on Foreign Account Tax Compliance Act (FATCA), as well as the ...
