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Tax Evasion

IRS Messed With The Wrong 93-Year-Old

The Huffington Post | Caroline Fairchild | Posted 02.13.2014 | Money

Alvina Pryor has really had it with the Internal Revenue Service. "I want to put the government on a slab and slice them into little pieces," the 9...

This Guy's Inspired Many To Turn In Tax Cheats

Reuters | Posted 12.03.2012 | Money

* Notable jump in whistleblower calls to lawyers * Information, documentation better than before By Nanette Byrnes ...

This Dog Has A Very Special Skill

CNN Money | Posted 12.03.2012 | Money

Highly trained dogs are working to catch tax-evading smugglers in Italy....

Justice Department Targets Tax Refund Thiefs

Reuters | Posted 11.18.2012 | Business

* Federal prosecutors gain new authority for criminal tax cases * Effort focuses on ID theft for tax refunds WASHINGTON...

Are You A Corporation? Bad News

Reuters | Posted 10.30.2012 | Business

By Chris Vellacott LONDON, Aug 30 (Reuters) - Cash-strapped governments keen to replenish their coffers and international bodies such ...

Bain Capital's Tax Dodge

David Callahan | Posted 10.24.2012 | Business
David Callahan

You would think that the super wealthy might shrug at paying taxes they can easily afford, but here the opposite appears to be the case: Bain's wealthy partners have been hyper-aggressive about lowering their tax bill.

Wal-Mart Discloses "Nada" in Mexigate Bribery Case

Al Norman | Posted 10.17.2012 | Business
Al Norman

Wal-Mart now has until August 28 to become transparent. For a company that says it has no gray areas, Wal-Mart remains a remarkably opaque company. Only a business with something to hide would stone-Wal Congress this way.

Swiss Banks Sweating As U.S. Mulls Punishment

Reuters | Posted 10.12.2012 | Business

By Katharina Bart ZURICH, Aug 12 (Reuters) - Swiss banks hoping to atone for decades of complicity in tax evasion may be left to sweat...

Tax Evaders Beware!

NPR | Posted 10.09.2012 | Money

Republican presidential candidate Mitt Romney has acknowledged that he had money in a Swiss bank account until 2010. Romney says he wasn't trying to h...

Tax Evasion Watchdog: Crackdown Has Been 'A Revolution'

Reuters | Posted 09.24.2012 | Business

* Official queries $21-$32 trillion haven estimate * OECD has no "magic number" for offshore tax evasion * System too co...

Italy's Super-Rich Move Their Yachts Amid Tax Evasion Crackdown

The Huffington Post | James Sunshine | Posted 07.16.2012 | Business

Wealthy Italians are sailing away to calmer shores. In an attempt to reign in alleged tax dodgers, Italian Prime Minister Mario Monti has ordered a...

Authorities Raid Homes Of Swiss Bank Clients, Employees

Reuters | Posted 09.10.2012 | Business

* Credit Suisse clients raided in shift from banks, employees * Swiss bank believes exempt following German deal last September ...

IRS To Give Americans With Offshore Accounts A Break

Reuters | Posted 08.26.2012 | Business

By Lynnley Browning June 26 (Reuters) - Many Americans living abroad will get a small reprieve from U.S. Internal Revenue Service rule...

Doomsday Prophet Guilty Of Tax Evasion

Posted 06.22.2012 | Money

If you thought the end of the world was near, would you pay your taxes? For Ronald Weinland, 63, the answer was no. Weinland -- who runs a church f...

Tax Evasion Through The Holy Land

The Huffington Post | Bonnie Kavoussi | Posted 06.19.2012 | Money

Forget Bermuda. Some rich Americans are now evading taxes through the Holy Land. The Internal Revenue Service and Justice Department recently indic...

Oldest Private Swiss Bank Denies Claims It Helped Americans Evade Billions In Taxes

Reuters | Posted 07.23.2012 | Business

NEW YORK, May 23 (Reuters) - Wegelin & Co, the oldest Swiss private bank, is digging in its heels against a U.S. criminal charge that it conspired t...

Facebook Co-Founder May Have Sidestepped Taxes By Dropping U.S. Citizenship

The Huffington Post | Jillian Berman | Posted 05.11.2012 | Business

One of Facebook's billionaire co-founders may have found a way to sidestep taxes on the money he’ll get when the social network goes public later th...

Global Crackdown Doing Little To Deter Tax Evaders

Posted 05.07.2012 | Business

Despite efforts to crack down on international tax evasion, the practice is still rampant around the world. Bank accounts in tax havens held $2.7 ...

IRS Rule Could Threaten Some Banks' 'Viability'

Reuters | Posted 06.17.2012 | Business

April 17 (Reuters) - Banks in Texas, Florida and other southern states could face a pull-out of non-U.S. depositors due to a new U.S. rule finalized...

PHOTOS: Chicago's Most Notorious Tax Fraudsters

Posted 04.17.2012 | Chicago

Considering Chicago's reputation as home to the nation's largest concentration of corrupt elected officials, it is not terribly surprising that the Se...

Tax Dodging Jeopardizes Society at Home and Abroad

Heather A. Lowe | Posted 06.17.2012 | Politics
Heather A. Lowe

American corporations make use of offshore tax havens and creative accounting techniques to legally avoid paying taxes in the United States, while still racking up record profits. The seriousness of the problem cannot be overstated.

7 Craziest Ways People (Legally) Avoid Taxes | Posted 04.16.2012 | Weird News

The truth is, there are a huge range of things you're allowed to write off from your taxes if you can make some kind of argument. And some of them...

U.S. Lost $1 Billion To Banks In Last 10 Years Thanks To Tax Shelter

Posted 04.16.2012 | Business

By Megan Murphy and Vanessa Houlder, Financial Times and Jeff Gerth, ProPublica In November 2001, Bank of New York, a mid-tier U.S. bank, transferr...

Millionaires Can Rest Easy, Buffett Rule Still Has Loopholes To Exploit

The Huffington Post | Khadeeja Safdar | Posted 04.16.2012 | Business

President Obama's so-called Buffett Rule is supposed to make certain that top-earning Americans don't pay taxes at lower rates than their assistants. ...

Judge Rules Billionaire Can't Blame Bank For His Own Tax Evasion

Reuters | Posted 06.10.2012 | Business

* Judge dismisses case a month before trial * Former client tried to blame Swiss bank By Lynnley Browning ...