Tax Evasion

Twenty-two people face civil and criminal investigations into suspected tax evasion following the disclosure of the Panama Papers, the chancellor has told MPs. Philip Hammond also said a further 43 wealthy individuals were under review while their links to the offshore files were investigated further. He made the comments in a written answer to the […]

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In 2016 more than a hundred newspapers and others published revelations on tax avoidance and evasion. They were based on the Panama Papers, a collection of data that comprises 2.6 terabytes of information and 11.5 million documents. In 2015 this was leaked to the Sueddeutsche Zeitung; an international group of journalists evaluated it over the […]

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ISLAMABAD: It is beyond the scope of the National Accountability Bureau (NAB) to probe Panama Papers leaks which involved members of Prime Minister Nawaz Sharif’s family, Prosecutor General Waqas Qadeer Dar told a five-judge bench of the Supreme Court on Tuesday. The bench had taken up multiple petitions seeking the prime minister’s disqualification for allegedly […]

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By Ben Stupples Oct. 31 — The U.K.’s tax authority is targeting a 100-fold increase over the next four years in the annual number of wealthy individuals and corporations criminally prosecuted for tax evasion. Investigations from Her Majesty’s Revenue and Customs have led to just one criminal conviction for tax evasion in the past five […]

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Voters are expected to punish the incumbent coalition after the Panama Papers revealed a global tax evasion scandal that ensnared several senior politicians and forced former prime minister Sigmundur David Gunnlaugsson to resign. (source: AP) Icelanders voted on Saturday in a snap election that could see the anti-establishment Pirate Party form the next government in […]

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Reykjavik (AFP) – Iceland’s anti-establishment Pirate Party is set to shake up the political landscape in Saturday’s parliament election, with voters on course to punish a government tainted by the Panama Papers. Iceland called the snap vote in August after the global tax evasion scandal ensnared several senior politicians and claimed the scalp of the […]

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Panama today became the member of a global convention that aims to combat cross-border tax evasion by sharing foreign taxpayer details with other governments, a move considered by ‘Panama Papers’ leak affected nations like India as positive in unravelling the financial irregularities.Panama signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters here, making […]

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An influential Democratic senator has demanded answers from the IRS about what it has done since the Panama Papers were published last spring to combat tax fraud committed through anonymous shell companies. Oregon’s Ron Wyden is the top Democrat on the Senate Finance Committee and could become its chairman if Democrats regain control of the […]

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In a week that saw Italian channel RAI 3’s Report once again putting the focus on Malta’s role in the Panama Papers scandal as the country gets ready to take on the EU presidency, critical… read more at: http://www.maltatoday.com.mt/comment/editorial/70922/panama_papers_more_than_just_offshore

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An influential Democratic senator has demanded answers from the IRS about what it has done since the Panama Papers were published last spring to combat tax fraud committed through anonymous shell companies. Oregon’s Ron Wyden is the top Democrat on the Senate Finance Committee and could become its chairman if Democrats regain control of the […]

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About 1000 Australians were found in the so-called Panama papers, which leaked details of potential tax evasion across the globe. “Some have very serious questions to answer,” tax commissioner Chris Jordan told a Senate hearing on Wednesday. The Australian Taxation Office has raided six accountants and 60 of their clients, while a further 100 people […]

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