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Tax Evasion

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...

Obama Pardons MLB Great For Tax Evasion

The Huffington Post | Ron Dicker | Posted 01.18.2017 | Sports

Willie McCovey just got an intentional pass. President Barack Obama granted the San Francisco Giants’ Hall of Fame power hitter clemency for tax fra...

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...

How Donald Trump Made A Fortune By Losing A Billion Dollars

Marty Rudoy | Posted 10.03.2016 | Politics
Marty Rudoy

It appears that Donald Trump successfully lost $915 million in 1995. We say "successfully" because it allowed him to avoid paying federal income taxes for up to two decades (at $50 million per year) and it may not have cost him a cent.

Croatia's Upcoming Elections - Rampant Voter Fraud, Anti-Semitism, Far-Right Surge and Security Threats Impacting the West

Natasha Srdoc | Posted 09.09.2016 | World
Natasha Srdoc

Co-authored by Natasha Srdoc and Joel Anand Samy, co-founders, International Leaders Summit Croatia's electorate prepares to vote for the second tim...

Greece Intensifies Crackdown On Tax Evaders

HuffPost Greece | Sara Elkamel | Posted 08.05.2016 | World

Greece has opened hundreds of tax-evasion cases against citizens suspected of hiding assets outside the country, Greece’s top anti-corruption offici...

As Climate Change Hits Economies, Small Island States Turn to Selling Passports

Till Bruckner | Posted 07.28.2016 | Business
Till Bruckner

Such economic citizenship programmes, which are being run by several small island states in the region, have raised concerns that terrorists, criminals and other shady characters could buy Caribbean passports to evade justice, slip into Europe and North America through the back door, or squirrel away billions in stolen public money in tropical tax paradises.

On Brexit, Luxembourg and Swiss justice

Martin de Sa'Pinto | Posted 07.21.2016 | World
Martin de Sa'Pinto

What have the UK government, the Grand Duchy of Luxembourg and the Swiss justice system got in common? From the evidence it would appear that, despite...

Key Democrat Reprimands Loretta Lynch For Going Easy On Wall Street

The Huffington Post | Zach Carter | Posted 07.15.2016 | Politics

WASHINGTON ― Rep. Maxine Waters (D-Calif.) sent a sharply worded letter to Attorney General Loretta Lynch on Friday, calling on the government’s t...

Taxpayers Funded A Lifesaving Drug And Guess What Happened Next

Sen. Bernie Sanders | Posted 07.14.2016 | Politics
Sen. Bernie Sanders

Our nation pays - by far - the highest prices in the world for prescription drugs. As a result of these prices, nearly one in five Americans cannot afford to fill their prescriptions. At what point do we say our tax system, our publicly funded research and our patent system are not serving the public interest?

Ban the $100 Bill to Thwart Terrorists and Despots?

Russ Warner | Posted 06.27.2016 | Politics
Russ Warner

Large denomination bills help facilitate the transfer and concealment of sizable amounts of money. Much of this illicit money can be stored offshore in international banks where it can be kept secure and hidden from the law.

The IRS And The Self-Minimization Of Congressman Jason Chaffetz

Ralph Nader | Posted 06.24.2016 | Politics
Ralph Nader

At our meeting I expressed the hope that Congressman Chaffetz would not imitate his predecessor, Congressman Darrell Issa, the mega-millionaire show-boater who reveled in mostly useless partisan hacking of Obama's executive branch. Alas, no such luck.

The Difference Between 'I'm a Businessman' Trump and the Domino's Owners Who Stole Wages? Not Much

Ian Reifowitz | Posted 06.01.2016 | Politics
Ian Reifowitz

Yes, Donald Trump is a businessman. But that word doesn't mean the same thing to everyone. He uses it as an excuse for things he's done and said, the details of which continue to emerge--as this week's revelation on his company's tax evasion makes clear.

Panama Papers: Winners and Losers

Natasha Srdoc | Posted 05.23.2016 | World
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. ...

The Panama Papers and the Africa Story

Caroline Kende-Robb | Posted 05.11.2016 | Business
Caroline Kende-Robb

The Panama Papers are not just about famous people who use offshore accounts to avoid paying tax. They have also lifted the veil on a secret world in which tax havens are used to shift billions out of the world's poorest countries in Africa.

Africa needs to develop new ways of stemming illicit financial flows

The Conversation Africa | Posted 05.10.2016 | World
The Conversation Africa

Sean Gossel, University of Cape Town Over the last 50 years African countries have lost about $1 trillion to illicit financial flows. This equates to...

College Could Be Free In America If Corporations Paid Reagan-Era Taxes

The Huffington Post | Shahien Nasiripour | Posted 04.21.2016 | Business

If corporations paid the same tax rate as they did under Ronald Reagan, governments in the U.S. would have enough money to fund prekindergarten for ev...

April 15th: The Real April Fool's Day

Nathan S. Sanders | Posted 04.18.2016 | Comedy
Nathan S. Sanders

The dreaded April 15th tax deadline has come and gone. Hopefully you got all squared away with our friends at the IRS...or filed an extension...or pay quarterly estimated taxes. If not, prepare for some penalties to start racking up.

It's Tax Time, But Corporations Aren't Paying

Frank Clemente | Posted 04.13.2016 | Politics
Frank Clemente

American corporations owe U.S. taxes on all their income wherever made, but thanks to a loophole called "deferral," they don't have to pay the bill on offshore profits until they bring the money home.

Panama Raids Offices Of Law Firm At Center Of 'Panama Papers' Leak

Reuters | Annum Masroor | Posted 04.13.2016 | World

PANAMA CITY, April 12 (Reuters) - Panama's attorney general late on Tuesday raided the offices of the Mossack Fonseca law firm to search for any evide...

Here's How Obama Could Discourage Financial Secrecy

The Huffington Post | Shahien Nasiripour | Posted 04.07.2016 | Business

President Barack Obama could substantially curb financial secrecy in the U.S. by requiring federal contractors to disclose their owners, a basic step ...

Bernie Sanders Called Out Panama As A 'World Leader' In Tax Evasion Years Ago

The Huffington Post | Daniel Marans | Posted 04.06.2016 | Politics

Bernie Sanders cited concerns about tax evasion to explain his opposition to the 2011 U.S.-Panama free trade agreement. The Vermont senator now clai...

Retired Tax Court Judge Charged With... Cheating On Her Tax Returns

Reuters | Jade Walker | Posted 04.05.2016 | Crime

April 4 (Reuters) - A retired U.S. tax judge and her husband have been charged in Minnesota with cheating the government of $400,000 in taxes in a sch...

Hillary Clinton and Other Infamous Celebrity Tax Scandals

GOBankingRates | Posted 04.07.2016 | Business
GOBankingRates

By Laura Woods, Contributor When you're a celebrity, it's difficult to keep much of your personal life under wraps, including your private financial ...

African Governments Aren't Taxing the Rich. Here's Why They Should

The Conversation Africa | Posted 04.03.2016 | World
The Conversation Africa

The injustice of those with the most money not contributing to the public purse erodes the legitimacy of the whole system, leading those with less to feel even less willing to comply.