Tax & Regulation
What Shakira’s tax evasion case means for expats in Spain
Expats living in Spain should watch the tax evasion investigation into Colombian singer Shakira with interest, as her situation may be more relevant to them than they might think.
Australian bank to pay millions in advice compensation
The Commonwealth Bank of Australia (CBA) has been rapped for more advice failings and is expected to pay nearly A$2m (£1.15m, $1.6m, €1.3m) in compensation to clients of five former advisers.
Shakira latest superstar targeted by Spanish taxman
Colombian pop singer Shakira is under investigation for tax evasion, joining the likes of Cristiano Ronaldo, Lionel Messi and Jose Mourinho who have all fallen foul of the Spanish tax authorities.
Rich get richer through tax avoidance, warns charity
Global leaders should do more to crack down on tax avoidance after figures revealed that global wealth rose $9.2trn (£6.6trn, €7.5trn) in the year to June 2017, with $7.6trn going to the top 1% who are not paying their fair share, Oxfam has said.
Ireland dubbed tax ‘black hole’ by EU commissioner
Ireland, along with several other EU countries, have been called tax policy ‘black holes’ by the EU commissioner, but he dismissed claims for their inclusion on the EU tax haven blacklist.
Make America indebted again
On the one-year anniversary of president Donald Trump’s inauguration, his administration is more divided than ever with growing murmurs of a government shutdown. One thing the president seems to have unwavering support on is his tax bill, but with treasury yields rising should investors be more concerned?
HMRC reveals bizarre tax return excuses of 2017
Spilt coffee, a wife who sees aliens and vertigo were just some of the excuses HM Revenue & Customs (HMRC) received in 2017 from people who failed to file their tax returns. Click through the slides to see some of the other intriguing excuses and some of the wildly optimistic expense claims the organisation received.
Victims of dodgy international Sipps to be compensated
Many investors whose pensions were unscrupulously ploughed into storage pods, diamonds and international property will be able to get their money back, the UK’s compensation service has ruled.