Tax Evasion

A Turkish court has sentenced journalist Pelin Ünker to 13 months’ imprisonment for her participation in reporting the Panama Papers, a massive leak of documents from the tax-evasion enablers Mossack-Fonseca. Ünker published the true (and undisputed) facts about former Binali Yıldırım and his sons, whose ownership of Maltese companies was revealed in the leaks. Despite […]

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A Turkish court has sentenced journalist Pelin Ünker to 13 months’ imprisonment for her participation in reporting the Panama Papers, a massive leak of documents from the tax-evasion enablers Mossack-Fonseca. Ünker published the true (and undisputed) facts about former Binali Yıldırım and his sons, whose ownership of Maltese companies was revealed in the leaks. Despite […]

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A Turkish court has sentenced journalist Pelin Ünker to 13 months’ imprisonment for her participation in reporting the Panama Papers, a massive leak of documents from the tax-evasion enablers Mossack-Fonseca. Ünker published the true (and undisputed) facts about former Binali Yıldırım and his sons, whose ownership of Maltese companies was revealed in the leaks. Despite […]

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The Canada Revenue Agency executed search warrants across Canada on Wednesday in relation to the Panama Papers data leak. The agency announced its agents had conducted raids in Calgary, West Vancouver and the Greater Toronto area with the help of local law enforcement officials. The agency said it was looking “for evidence with respect to […]

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Reacting to a Commission proposal to extend majority voting to all EU tax policies by the end of 2020, which is expected to be presented by EU Commissioner Pierre Moscovici today, SD Group leader Udo Bullmann stated: “Taxation is one of the last EU policy areas where decisions rely on unanimity. We cannot afford the […]

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The commission said that globalisation and, the growth of the digital economy have complicated taxation and revenue rights, while recent scandals, such as the Panama Papers, allowed a peek into the massive scale of international tax fraud. “Unanimity doesn’t protect the sovereignty anymore,” economy commissioner Pierre Moscovici said Tuesday. He added that €50bn is not […]

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The biggest news is the searchable database of the Panama Papers that is now accessible. We’ll come back to that, but the timing is good. President Obama and his Treasury Department are pushing the Panama Papers, taking executive action on new transparency and tax evasion rules. But in view of limits on executive action, the Obama administration is also asking […]

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Rick Noack BERLIN — Perhaps as revealing as the “Paradise Papers” leak itself — which exposed how politicians and celebrities are investing offshore to avoid paying taxes — are the reactions to it. The condemnations trickling in since Sunday have been fairly mild, suggesting that the latest offshore tax avoidance revelations might not change much on a broader scale. German Justice […]

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(Bloomberg) — Frankfurt prosecutors obtained a list of more than 900 clients from Deutsche Bank AG in a case tied to the Panama Papers, a key piece of evidence in an investigation that spurred a raid at the German lender’s headquarters in November. The list contains the names of individuals and entities mostly located outside […]

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Chief Executive Officer Christian Sewing expressed surprise at the raid, saying in a newspaper interview at the time that the bank had considered the case closed, having examined it in “close cooperation with supervising authorities” in 2016, when news about the Panama Papers first broke. The head of Germany’s financial supervisor Bafin, Felix Hufeld, said […]

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