It is no secret that high-net-worth individuals and corporations look for tax-free zones as a way to maximize profits and investments. Countries must straddle a fine line regarding taxes. They…
When most people imagine a tax haven, they think of an overseas territory where companies and individuals hide their funds to pay a lower tax rate. While that is the…
Tax havens sometimes have to walk a fine line between encouraging companies and high-net-worth individuals and maintaining a strong public image. Recently, a British tax haven decided it would be…
Showing that no high-net-worth individual is above suffering from a tax evasion scandal, Shakira recently attended court in Barcelona regarding a tax fraud case. The public prosecutor accuses Shakira of…
Boris Johnson is currently a leader in the Tory leadership contest, and he recently indicated that he would reduce income tax for the highest earners if he does become the…
The Tax Justice Network is one of the independent authorities that attempts to stay on top of tax havens. Recently, the organization published updated rankings for its Corporate Tax…
In recent years, many countries have wondered how to deal with technology giants. Many of these major companies have a reputation for taking advantage of tax havens by storing their…
There has been no shortage of controversy regarding the finances and taxes of President Trump and his family. Most recently, Jared Kushner is back in the spotlight for potential tax…
British American Tobacco is facing accusations of avoiding paying hundreds of millions of dollars’ worth of taxes. The accusations indicate that the company, frequently referred to as BAT, shifts profits…
Recently, Tony Abbott is facing a great deal of scrutiny due to his decision to sell hospitals to a company based in the Cayman Islands. The biggest source of the…