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…
Crystal worldwide Blog
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…
Research Shows That a Third of UK Firms Receiving Emergency Loans Due to the Pandemic Are Connected to Tax Havens
The coronavirus has brought some of the controversy regarding tax havens back into the spotlight, with many critics of tax havens disapproving of the fact that companies that avoid paying…
Critics of Tax Havens Argue That the Coronavirus Should Serve as a Catalyst for Tax Overhaul
It is no secret that the coronavirus has had a dramatic impact on the world, including numerous unexpected consequences. Those who criticize tax havens argue that one of these changes…
Why Some Believe the Current Crisis May Encourage Companies to Bring Offshore Money Back to Their Countries
The current crisis has been affecting the world in many unexpected ways. Some people feel that one of its surprising effects may be the return of offshore money back to…
Damien Reynolds Evaded an Estimated $4M in Taxes Yet Will Not Go to Jail
Recently, Damien Reynolds proved how easy it is for high-net-worth individuals who evade taxes to also evade jail time. Despite evading an estimated $4 million, he will not spend any…
The European Commission Says Countries Cannot Exclude Tax Haven-based Firms From Coronavirus Bailouts
Given the already controversial status of tax havens, it should be unsurprising that some matters relating to coronavirus relief and tax havens are highly contentious. Specifically, many countries, regions, and…