Tax Evasion

Who would dream of putting an end to the culture of secrecy, the opacity of multinational companies’ accounts and the fortunes hidden in tax havens? The usual suspects, of course, tax justice activists — academics, churches, trade unions — angered by revelations such as the Panama Papers or Paradise papers. But a recent report published […]

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If you’ve ever played “Whack-A-Mole” at the arcade, you’ll know just how frustrating and pesky those moles can be. Just as you think you’ve beaned one on the head, another one comes up somewhere else. Tim was told that a bigger hammer would do the trick. Standard disclaimers applied. If you’ve ever played “Whack-A-Mole” at the arcade, […]

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The European Parliament on Tuesday overwhelmingly voted for rules aimed at protecting whistleblowers from reprisals following corporate scandals such as Dieselgate and Cambridge Analytica. With 591 votes in favour, 29 against and 33 abstentions, the parliament backed rules to boost the fight against fraud, corruption, corporate tax avoidance and damage to people’s health and the […]

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Shortly after the high-profile report of the Organized Crime and Corruption Reporting Project (OCCRP) dedicated to money laundering operations pulled off by Troika Dialog, once Russia’s largest private investment bank, and involving big European banks, the US authorities decided to audit their domestic financial organizations as well. The Congressmen suspect Bank of America, Morgan Stanley, […]

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By Nicole Stolowy and Luc Paugam Whistleblowers face different realities depending on jurisdictions In February 2019, French judges ordered the bank UBS to pay a record-breaking €3.7 billion fine for soliciting and helping wealthy French clients escape taxes in France by moving their money to undeclared secret accounts in Switzerland. In 2007, Bradley Birkenfeld, an American citizen working for UBS […]

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BRUSSELS (UrduPoint News / Sputnik – 18th April, 2019) The Whistleblowing International Network (WIN) has called upon the European Union member states to follow the newly adopted directive and protect whistleblowers during a conference on Wednesday, which was held less than a week after the world‘s famous whistleblower, Julian Assange, was arrested by London police […]

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BRUSSELS (UrduPoint News / Sputnik – 18th April, 2019) The Whistleblowing International Network (WIN) has called upon the European Union member states to follow the newly adopted directive and protect whistleblowers during a conference on Wednesday, which was held less than a week after the world‘s famous whistleblower, Julian Assange, was arrested by London police […]

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The European Parliament on Tuesday (17 April) overwhelmingly voted for rules aimed at protecting whistleblowers from reprisals following corporate scandals such as Dieselgate and Cambridge Analytica. With 591 votes in favour, 29 against and 33 abstentions, the parliament backed rules to boost the fight against fraud, corruption, corporate tax avoidance and damage to people’s health […]

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By an overwhelming majority, lawmakers at the European Parliament on Tuesday decided that whistleblowers will soon be protected throughout the European Union from dismissal and legal prosecution if they uncover abuses affecting wide areas of EU law. Those who help them and journalists who publish information they provide will also be better protected from prosecution […]

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First-time gains in Panama, France, and Iceland have pushed above $1.2 billion the global tally of fines and back taxes resulting from the Panama Papers investigation’s exposure of the offshore finance industry. On the third anniversary of the International Consortium of Investigative Journalists-led investigation, the fallout from it is gathering pace through hundreds of separate […]

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