Tax Evasion
Tax & Regulation | 8 Aug 17
More dawn raids on tax evaders as HMRC ramps up action
Dawn raids on suspected tax evaders by UK authorities are up by a third to 669 over the five years to March, as HM Revenue & Customs steps up its pursuit of white-collar fraudsters, reports the Financial Times.
Fighting tax evasion to be priority for Austrian EC presidency
When Austria assumes the presidency of the European Council in the second half of 2018, it will prioritise pushing forward European and international measures to prevent profit shifting and international tax fraud, the country’s finance minister said.
Netherlands and UK are biggest channels for tax haven inflows
The Netherlands and the UK facilitate global tax avoidance by acting as conduits for 37% of corporate money heading to tax havens, research by academics at the University of Amsterdam shows.
Barcelona striker Neymar cleared in $20m tax evasion case
Brazilian football star Neymar has been cleared of any criminal charges in a long-running tax evasion case in Brazil, with the judge citing a “lack of just cause”.
Ex-Credit Suisse banker guilty in US offshore tax case
A former Credit Suisse banker who helped wealthy Americans dodge millions of dollars in income taxes for nearly a decade has pleaded guilty.