Tax Evasion

European Union states should continue reforming corporate rules to tackle tax avoidance, EU tax commissioner Pierre Moscovici told finance ministers on Saturday, as some smaller nations urged slower reform to avoid scaring away big corporations. In a paper to be discussed at a meeting of EU finance ministers in Valletta on Saturday, Malta, which holds […]

VALLETTA, April 8 (Reuters) – European Union states should continue reforming corporate rules to tackle tax avoidance, EU tax commissioner Pierre Moscovici told finance ministers on Saturday, as some smaller nations urged slower reform to avoid scaring away big corporations. In a paper to be discussed at a meeting of EU finance ministers in Valletta […]

VALLETTA European Union states should continue reforming corporate rules to tackle tax avoidance, EU tax commissioner Pierre Moscovici told finance ministers on Saturday, as some smaller nations urged slower reform to avoid scaring away big corporations. In a paper to be discussed at a meeting of EU finance ministers in Valletta on Saturday, Malta, which […]

The chairman of the European Parliament’s Panama Papers committee, Werner Langer, has told the Maltese government to put an end to money laundering and tax evasion, instead of questioning the mandate of the PANA committee and accusing it of political bias. … read more at: http://www.maltatoday.com.mt/news/europe/76020/pana_chairman_challenges_opm_spokesmans_claims_questioning_committee_mandate

Five top magistrates are looking into the 26 “targets” suspected of involvement in money-laundering schemes that passed cash through Panama, the Seychelles, Switzerland, Hong Kong and Singapore in an effort to dodge French tax authorities, according to Le Monde newspaper. The investigators are part of an elite white-collar crime unit set up following revelations that then […]

OXFORD, England, April 5, 2017 /PRNewswire/ — Omidyar Network, the leading philanthropic investment firm established by eBay founder Pierre Omidyar, today announced at the Skoll World Forum a $100M commitment to tackle some of the root causes of the global trust deficit.  The funding, which runs over the next three years, will focus on strengthening independent media […]

This week marks one year since the publication of the Panama Papers when 11.5 million documents were leaked from Panamanian law-firm Mossack Fonseca to the International Consortium of Investigative Journalists. The papers gave us all a rare glimpse into the hidden world of tax havens. They revealed how shell companies and anonymous trusts are used […]

One year ago, on 3 April 2016, the Panama Papers scandal broke, the biggest leak ever to fall into journalists’ hands. Documentation about 214,000 offshore companies and their owners was made public at the initiative of the International Consortium of Investigative Journalists (ICIJ). Behind these opaque structures and the plethora of companies set up in […]

The latest probe into Credit Suisse Group AG is a blow, not just for the firm but also for the Swiss attorney general, who didn’t know some of the bank’s offices were going to be raided. This week, Swiss authorities are back in damage-control mode, after almost a decade of financial scandals spanning Bradley Birkenfeld’s whistle-blowing to […]