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Tax Evasion

A Message to Millennials: We Are the Children of Dr. King's Dream

Heather McGhee | Posted 03.18.2012 | Politics
Heather McGhee

How is it that life has gotten harder financially for the vast majority of Americans over the past forty years, yet we have had so few public solutions?

Case Reveals Potential Tax Evasion Links At Swiss Banks

Reuters | Posted 03.06.2012 | Business

* Indictment of 3 Wegelin bankers highlights ties * Inter-bank links key to U.S. tax evasion crackdown * Authorities eye...

Swiss Bankers Charged With Hiding U.S. Taxpayer Accounts From The IRS

Posted 01.03.2012 | Business

Three Swiss bankers were charged Tuesday with hiding more than $1.2 billion in U.S. taxpayer accounts from the IRS, by Preet Bharar, the Manhattan U.S...

U.S. Using New Tactic For Finding Suspected Swiss Bank Tax Cheats

Posted 12.28.2011 | Business

U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more comm...

Big Swiss Bank To Give Up Spot In Investment Banking's Top Ten

Posted 12.23.2011 | Business

UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the ...

U.S. Offers 11 Swiss Banks Deal To Avoid Criminal Prosecution On Tax Evasion

Posted 12.18.2011 | Business

ZURICH (Reuters) - U.S. officials are offering 11 Swiss banks, among them Credit Suisse , a deal that allows them to avoid criminal prosecution in exc...

Tax Evasion Costing The World Trillions

The Huffington Post | Jillian Berman | Posted 12.12.2011 | Business

In a world filled with bulging budget crises and anti-tax rhetoric sits the looming problem of how to obtain the revenue at all. Tax evasion accou...

State Income Tax Avoided By 68 Large Profitable U.S. Companies In Recent Years: Study

The Huffington Post | Bonnie Kavoussi | Posted 12.07.2011 | Business

Large U.S. corporations are not only figuring out ways to avoid federal income taxes, but taxes at the state level too. Of the country's most consi...

Ex-UBS Banker Gets Five Years In Prison For Aiding U.S. Tax Evasion

Posted 11.18.2011 | Business

A former senior UBS banker who helped the U.S. government expand its crackdown on offshore tax evasion was sentenced to five years probation Friday fo...

Switzerland Adds Client Safety Net To U.S. Tax Evasion Agreement

Posted 11.16.2011 | Business

The Swiss cabinet approved on Wednesday an amendment to a tax agreement with the United States to ensure that bank clients are properly informed about...

Ai Weiwei Pays Up

AP/ The Huffington Post | GILLIAN WONG | Posted 01.15.2012 | Arts

BEIJING -- Outspoken Chinese artist Ai Weiwei said he deposited a $1.3 million guarantee into a government bank account Tuesday out of concern for his...

Major Swiss Bank To Disclose Names Of U.S. Clients Suspected Of Tax Evasion

Posted 01.08.2012 | Business

Credit Suisse AG, Switzerland's second-largest bank, has begun notifying certain U.S. clients suspected of offshore tax evasion that it intends to tur...

Chinese Citizens Band Together To Pay Ai Weiwei's Taxes

Posted 01.04.2012 | Arts

Not since Spartacus has there been such a widespread act of generosity for an activist and leader. On November 1, the Chinese government declared that...

Tax Evasion Campaign Yields Billions In Offshore Assets

Posted 12.25.2011 | Business

An international drive against offshore tax havens has reaped nearly 14 billion euros from would-be tax evaders, the Organization for Economic Coopera...

Swiss May Give U.S. Access To Bank Client Data In Tax Evasion Disputes

Posted 12.18.2011 | Business

A Swiss parliamentary commission is edging toward accepting a government proposal that would allow the transfer of bank clients' data to the United St...

Government Investigates Google For Tax Avoidance

The Huffington Post | Bonnie Kavoussi | Posted 12.13.2011 | Business

The Internal Revenue Service (IRS) is investigating Google for avoiding taxes by shifting its profits overseas, according to a Bloomberg News report b...

'Penny-Wise And Pound-Foolish'

AOL Government | Judi Hasson | Posted 12.12.2011 | Politics

The Internal Revenue Service would face a "devastating" loss of $4 billion in revenue collected each year if proposed cuts of up to $600 million are m...

The Top 10 Tax Havens

The Huffington Post | Harry Bradford | Posted 12.04.2011 | Business

Governments from 20 of the wealthiest nations in the world vowed in 2009 to tighten regulations that allowed for rampant tax evasion in nations and te...

SEC Asks Companies To Disclose Offshore Cash Amidst Tax Debate

Posted 11.20.2011 | Business

The U.S. Securities and Exchange Commission has asked companies like Dow Chemicals (DOW.N), Fortune Brands (FO.N), Caterpillar (CAT.N) and CIT Group (...

Man That Wrote A Book About Tax Evasion Convicted

Posted 11.16.2011 | Denver

A former Littleton, Colo. resident, Donald Turner (also known as Donald Wood), has been found guilty of conspiring to defraud the Internal Revenue Ser...

Missing CEO Found After 20 Years, Facing $100 Million In Unpaid Taxes

The Huffington Post | Laura Hibbard | Posted 11.12.2011 | Crime

Last seen by tax authorities in 1990 on the the Pacific island Saipan, William H. Millard, 79 and founder of tech company ComputerLand, has now been t...

Dot-com Deadbeats

Kenneth Kales | Posted 10.24.2011 | Business
Kenneth Kales

Yes, you and I always have paid the sales tax on what we buy in a store. It is a populist approach and we have accepted it. But that's largely not the case when we buy online.

WATCH: Zach Carter Discusses Controversial Panama Trade Deal With Dylan Ratigan

Huff TV | Posted 10.16.2011 | Politics
Huff TV

HuffPost's Zach Carter appeared on MSNBC's 'The Dylan Ratigan Show' to discuss the controversial trade agreement between the U.S. and Panama. Carter r...

Has Tackling Tax Evasion Reached a Turning Point?

Fiona Fernie | Posted 10.15.2011 | Business
Fiona Fernie

The deal marks an important point in the UK fight against offshore tax evasion and comes at a time when both the U.S. and Germany are also focusing heavily on the issue.

Ai Weiwei Talks Detention With NY Times | KEITH BRADSHER | Posted 10.12.2011 | Arts

HONG KONG -- Ai Weiwei, the prominent Chinese artist and dissident, said Friday that he had been kept in a tiny room throughout his nearly three-month...