G20 Will Implement a Digital Tax on Technology Giants
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…
Crystal worldwide Blog
A Company That Jared Kushner Partially Owns Received $90m From Offshore Investors Just Since 2017
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…
Critics Say British American Tobacco Has Avoided Paying Hundreds of Millions in Taxes
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…
Tony Abbott Is Under Scrutiny for Selling Hospitals to a Cayman Islands Company
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…
Accounting Firms Are Fighting Back Against Australia’s Push to Divulge Companies Using Tax Havens
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…
Corporate Canada Has $353 Billion in Tax Havens
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…
Ireland’s Tax Haven Status Is Causing Controversy
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…
A Donor to Prince Charles’ Projects Has Connections to Russian Offshore Banking
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…
In St. Helens Alone, Over 500 Properties Belong to Tax Haven Companies
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…
The European Parliament Indicates Hungary Has Tax Haven Traits
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…