The introduction of new offences of failing to prevent the facilitation of tax evasion may trigger the Financial Conduct Authority (FCA) to examine institutions’ controls. In brief HM Revenue and Customs (HMRC) expects companies to have carried out risk assessments in relation to failing to prevent the facilitation of tax evasion since this became a […]
Jeff Kiger Business Reporter Jeff has worked at newspapers as a reporter, columnist, editor, photographer and copy editor since 1992. He started at the Post Bulletin in 1999. Kiger is the PB’s business reporter and writes a daily column, “Heard on the Street.” … read more at: http://www.postbulletin.com/news/local/what-are-the-paradise-papers/article_5c631b9e-556e-55dd-a9b5-0c6a4f976b1f.html
A Lithuanian company linked to the U2 frontman Bono has agreed to pay €53,000 (£47,000) in back taxes and a fine following an investigation prompted by the Paradise Papers. The Irish singer, whose real name is Paul Hewson, was a passive minority investor in a Malta-based company which bought a shopping centre in north-eastern Lithuanian […]
The 75th Golden Globe Awards showed several firsts and some big wins for women Sunday. Sterling K. Brown became the first African-American actor to win in the best actor in a TV drama category for “This Is Us,” and Aziz Ansari was the first Asian actor to win a Golden Globe for best actor in […]
By Dr. Ankit Srivastava, Editor – in – Chief The feud in Pakistan between the Punjabi Pakistani Army and the disqualified corrupt Prime Minister Nawaz Sharif continues. The investigations in the Panama Papers case led to the resignation of Nawaz Sharif from his office making him the 18th Prime Minister not to complete his full […]
Another amnesty The bureaucrats at the Federal Board of Revenue seem to have nothing more to offer than old wine in new bottles. Every year, the FBR has proposed a new tax amnesty scheme, and every year the amnesty scheme has blown up in their face. But this has not deterred the suits at the […]