Switzerland May Become a Larger Tax Haven Than Hong Kong
recent report indicates that a specific region of Switzerland is on track to become a more significant tax haven than Hong Kong. According to the report, the cantons of Nidwalden…
Crystal worldwide Blog
Greece Tries to Tempt European Pensioners With Its Low Tax Rate
Greece is trying to entice European high-net-worth individuals and pensioners with its low tax rate. The country is straightforward about its goal of encouraging pensioners to relocate to Greece. About…
Billions of Pounds in Scottish Property Are Owned by Tax Haven Companies
A recent report from The Ferret indicates that tax haven companies own billions of pounds’ worth of Scottish property. The report specifically found that foreign companies own Scottish property valued…
Potential Changes to Spain’s Tax Laws May Affect More Than Just High-Net-Worth Individuals
Much of the debate regarding tax laws worldwide centers on high-net-worth individuals and major international corporations. Despite this, the potential changes planned for Spain’s tax laws have the potential to…
A Firm With Tax Haven Connections Now Owns the Amazon Warehouse in Scotland
Recently, The Ferret, a Scottish publication, obtained data indicating that the flagship Amazon warehouse in Scotland is now under the ownership of a company based in a tax haven. This…
Apple’s 13 Billion-Euro Irish Tax Bill Was Overturned
In one of the most recent events related to the debate on tax havens, Apple officially had its 13 billion-euro tax bill from Ireland overturned. This bill dates back to…
83 Millionaires Shared an Open Letter Calling for Increased Taxes on the Rich
Millions of people are recently unemployed in the U.S. alone and another 1.6 billion people across the globe are at risk of losing their livelihoods. The number of those who…
The Current Pandemic Has Made the Divided Opinions on Tax Havens in the EU Clearer Than Ever
It is a well-known fact that tax havens are somewhat controversial. Those in favor of them point out that they are perfectly legal. Therefore, high net worth individuals and companies…
This Matalan Tycoon Is Suing PwC Over Bad Advice Regarding Using Monaco as a Tax Haven
John Hargreaves, a famous tycoon of Matalan, claims that accounting firm PwC, or PricewaterhouseCoopers, gave bad tax avoidance advice. Hargreaves has filed a lawsuit against PwC, and the big four…
In Its Search for 9 Billion Euros, Lufthansa Listed Its Tax Haven Subsidiaries
In its quest for official assistance from the government, Lufthansa has listed its tax haven subsidiaries. This move comes amidst criticism of international organizations that use tax havens to avoid…