Many countries around the world have expressed concerns about tax havens, and it comes as no surprise when major companies and high-net-worth individuals fight growing regulations. In Australia, there is…
Showing that no country in the world limits itself from using tax havens, recent data indicates that corporate Canada has $353 billion sitting in tax havens. The Data This recent…
Most countries do not want to be labeled as tax havens since this can come with criticism and possible penalties from other countries. At the same time, however, having the…
Royalty is not exempt from connections to offshore banking, but when those connections surface, they have to deal with even more scrutiny than other high-net-worth individuals would. A recent investigation…
A recent analysis indicates that in just St. Helens, England, tax haven companies own more than 500 properties. These tax haven companies are companies with registration in various offshore tax…
In late March, the European Parliament indicated Hungary, along with six other European countries, has some traits associated with a tax haven. This came from the parliament’s Special Committee on…
In March, the European Union expanded its list of blacklisted tax havens. In the updated list, the number of jurisdictions on the blacklist tripled. New additions to the list include…
It is no secret that offshore banking is a hot-button issue around the world. Recently, the United Kingdom has been making moves to improve transparency regarding banking in crown dependencies,…
Proving that major multinational corporations are not above using tax havens, records indicate that Google moved $23 billion to tax haven Bermuda in 2017. This was done via a Dutch…
Throughout the world, there has been a great deal of debate related to taxing digital services. Most countries would appreciate the additional revenue that would come from this sort of…