It is no secret that many multinational companies and high-net-worth individuals use tax havens to hide their funds and avoid paying taxes on profits and assets. Recently, the Walgreens CEO…
It is no secret that there is a great deal of controversy surrounding tax havens. Those against them argue that tax havens allow high net worth individuals and corporations to…
Recent reports show that African billionaire Isabel dos Santos concealed her luxury apartment by using the United States as a tax haven. The use of the tax haven allowed dos…
Various countries around the world handle tax havens and concerns about money laundering in different ways. Recently, the European Union decided to take action, clamping down on the free ports…
The Tax Justice Network (TJN) is known for its work in fighting tax secrecy and tax havens. Recently, the organization reported that the United Kingdom is climbing up higher on…
There has been a great deal of debate regarding the secret company registers found in various tax havens, including British Crown Dependencies. The Debate For years, those who oppose this…
Netflix is one of the major tech giants that has faced tax controversies over the years. Most recently, Netflix United Kingdom was accused of hiding its profits in the Netherlands…
A recent tax crackdown on Thursday, January 23rd, included intimidating letters sent to Australian clients. The clients all belong to a firm that was not named, but it is clear…
Each country typically has its list of tax havens that are blacklisted, potentially with a gray list as well. The consequences for blacklisted countries vary. However, they may include economic…
For years, Portugal has been a tax haven for foreign retirees, but this will soon be changing. The Program The program that turned Portugal into a tax haven for foreign…