Tax Evasion
Tax & Regulation | 11 Apr 16
UK launches taskforce to tackle Panama Papers
HM Revenue & Customs and the UK’s National Crime Agency will work with investigators, compliance specialists, the Serious Fraud Office and the Financial Conduct Authority (FCA) to deal with the fallout of the Panama Papers.
Tax & Regulation | 4 Apr 16
Document leak ‘biggest ever blow to the offshore world’
Around 11.5 million leaked documents from a Panama-based law firm have exposed the offshore holdings of politicians, sports stars and public officials around the world.
North America | 11 Mar 16
Cayman firms plead guilty to helping US clients avoid tax
Two Cayman Island investment and trust companies pleaded guilty in a New York federal court to helping American clients evade tax. The first conviction of its kind outside Switzerland.
US tax authorities demand Singapore bank records
The US Internal Revenue Service (IRS) wants Singapore to waive its bank secrecy laws and push UBS into releasing financial information of a US citizen.
Belgium charges UBS with serious and organised tax evasion
A Belgian judge has charges Swiss bank UBS with money laundering and serious and organised tax evasion, according to media reports.