iOS app Android app

Tax Avoidance

Indonesia's tax amnesty enters its third phase with good results so far

The Conversation Global | Posted 01.31.2017 | Business
The Conversation Global

Beawiharta/Reuters Nurhastuty Wardhani, Trisakti University and Asmiati Malik, University of Birmingham Indonesia has entered the third phase of it...

New Developing Nations Leader Has Big Plans To Crack Down On Global Tax Dodging

The Huffington Post | Daniel Marans | Posted 01.12.2017 | Politics

WASHINGTON ― Eight months after the Panama Papers shed new light on the scale of tax avoidance by the global elite, Ecuador plans to make cracking d...

GOP Senator Denies Irish Investment Is Designed To Avoid Taxes

The Huffington Post | Daniel Marans | Posted 11.03.2016 | Politics

Sen. Ron Johnson (R-Wis.) denied Monday that an investment in an Irish company is a tax avoidance scheme, in response to a Huffington Post report that...

Panama Papers: Winners and Losers

Natasha Srdoc | Posted 05.23.2016 | Home
Natasha Srdoc

Tax avoidance is legal. Tax evasion is not. The U.S. tax code is full of various tax loopholes which allow taxpayers to legally avoid paying taxes. ...

Americans Are Barely Paying Attention To A Massive International Scandal

The Huffington Post | Ariel Edwards-Levy | Posted 04.08.2016 | Politics

The "Panama Papers" -- a trove of 11.5 million leaked documents on tax avoidance by a slew of powerful figures -- are top news internationally. Severa...

What You Need to Know About Shell Companies and Corruption in the Wake of the Panama Papers

Hera Hussain | Posted 04.08.2016 | Home
Hera Hussain

On Sunday, the Internet experienced a meltdown of a different kind. With an unprecedented 2.6 terabytes of data, or 11.5 million confidential documents leaked from a popular Panamanian corporate service provider,  there is now an impressive amount of investigation going on.

From Panama Papers to Brazilian Bribes: Why Corruption Is So Costly

The Conversation US | Posted 04.06.2016 | Business
The Conversation US

Corruption is highlighted by the media because the amounts being exchanged are often huge. The real reason corruption should be headline news is that it steals a bit of economic prosperity from every person each time it occurs.

Big Business Holding Profits Offshore To Avoid Paying Billions In Taxes

Reuters | Jade Walker | Posted 10.06.2015 | Business

The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an esti...

The International Tax System is 'Repulsive And Inequitable.' Here's A Way To Fix It.

The Huffington Post | Ben Walsh | Posted 08.20.2015 | Politics

The way we tax multinational corporations is “repulsive, inequitable and inefficient,” according to Nobel Prize-winning economist and Columbia Uni...

My Message to World Leaders: To Finance Development You Must Tackle Tax

Winnie Byanyima | Posted 05.05.2016 | Impact
Winnie Byanyima

Last month Oxfam's International Executive Director Winnie Byanyima was in Washington for the World Bank/IMF Spring Meetings, and then in New York for one of the drafting sessions ahead of the Financing for Development (FFD) Conference in Addis Ababa taking place in July.

Republicans Are in Corporations' Pockets on Tax Inversions -- Democratic Senate Candidates Should Hammer Them for It

Ian Reifowitz | Posted 12.01.2014 | Politics
Ian Reifowitz

Sen. Schumer urged Congress to craft a stricter definition of inversion and enact a ban on "earnings stripping." Earnings stripping? You'll love this. Earnings stripping refers to a practice by which a foreign-based parent corporation loans large sums to -- wait for it -- itself.

A Simplified Way to Tax Multinational Corporations

Dave Johnson | Posted 09.14.2014 | Business
Dave Johnson

The epidemic of tax inversions represents just one of many ways corporations are dodging their taxes by taking advantage of our outdated and rigged corporate tax system.

What's in Your Mailbox? Tips on What to Do When Uncle Sam Comes Knocking

Steve Mariotti | Posted 08.25.2014 | Money
Steve Mariotti

Every year, one in 10 of us receives the dreaded letter. You know the one -- and you probably don't want to open it: the IRS requesting more information about your finances.

Democrats Take Aim At Corporate Tax Dodges

Reuters | Posted 07.20.2014 | Politics

By Kevin Drawbaugh and Patrick Temple-West WASHINGTON, May 20 (Reuters) - Taking aim against corporate tax avoidance, 14 Senate Democr...

Tax is All About Trust

OECD | Posted 06.28.2014 | Business
OECD

By Pascal Saint-Amans Following the financial crisis in 2008, millions of citizens faced hardship as they set about repairing the damage done to thei...

U.S. Corporations Have Over $2 Trillion Stashed Overseas

Reuters | Posted 06.08.2014 | Business

* U.S. Senate Finance Committee Chairman Wyden calls for reform * Total of profits stashed abroad up 93 percent 2008-2013 ...

Mamma Mia! Abba's Outfits Were A Tax Avoidance Scheme

PA/The Huffington Post UK | Posted 02.17.2014 | Business

The eye-wateringly garish outfits picked out in spangles, sparkles, bright colours and bold lines which made up Abba's trademark stage costumes were i...

Colorado's Crazy Marijuana Tax

Pat Oglesby | Posted 11.07.2013 | Politics
Pat Oglesby

Basing a tax on a fictitious price means no one will ever know the correct tax. Taxpayers will spend time and money trying to beat the system, and government will spend time and money in self-defense.

A Billion-dollar Opportunity for Developing Countries

Otaviano Canuto | Posted 01.23.2014 | Home
Otaviano Canuto

The decision by Switzerland to share tax information, which still has to be ratified, is the latest addition to radically increased transparency of tax information over the last five years.

Ben Hallman

Bailed Out Bank Has Dirty Little Tax Secret

HuffingtonPost.com | Ben Hallman | Posted 11.11.2013 | Business

In 2008, Citigroup was an ailing financial giant on the verge of collapse, an event only averted, most economists agree, by a huge emergency infusion ...

Report Reveals Widespread Tax Avoidance Tactic

Reuters | Posted 07.23.2013 | Business

LONDON (Reuters) - Most big U.S. technology companies cut their tax bills by not declaring a tax residence in their main European markets, preventing ...

A Sour Apple

Robert A.G. Monks | Posted 08.06.2013 | Politics
Robert A.G. Monks

Globalization has had many effects, but one of the greatest seems to be that corporations now have so many "homes" that they pick and choose the locations that offer them the best regulatory and tax breaks.

PHOTOS: Here's Where The Super-Rich Are Stashing Their Money

The Huffington Post | Posted 06.06.2013 | Business

Mere political controversy seemingly isn't enough to stop the world's super-rich from stashing wealth overseas. Global offshore wealth, defined as...

Apple's Tax Avoidance: 'Not Illegal' Does Not Mean Moral, Right or Acceptable

Brian Levin | Posted 07.28.2013 | Politics
Brian Levin

Our government is not always going to protect us from everything that may be harmful or close loopholes to make our tax system more equitable and fair. That is just the way our system works. But, that is where all of us come in

Stopping International Tax Avoidance: What Are the Best Alternatives?

Jared Bernstein | Posted 07.23.2013 | Business
Jared Bernstein

Technology and tax law have led to the emergence of what international tax analyst Ed Kleinbard calls "stateless income," a phenomenon that was on full display at the Apple hearing yesterday.