PwC is Being Sued £14m for Negligent Audits. Will Investors See Any of It?
Providence Investment Fund administrators are suing PwC for £14 million, citing breach of contract, breach of duty, and negligence as auditors.
Crystal worldwide Blog
Nike May Have Gotten Illegal Tax Breaks from the Netherlands
In early January, authorities in Europe announced an investigation into whether Nike received illegal tax breaks from the Dutch government. According to the investigation, the government potentially let Nike avoid paying taxes on sales made in the region.
Offshore Firms That Are Tax Havens Received £18M from the Scottish Government
It is no secret that high-net-worth individuals, as well as corporations, try to do whatever they can to pay low taxes, including using offshore tax havens.
High-Net-Worth Individuals Can No Longer Rely on Old Golden Visa Rules to Enter the UK
Previously, high-net-worth individuals were able to streamline their process of entering the UK and investing within the country via the so-called golden visa rules.
An Isle of Man Firm Faces Tax Controversy Along with Arron Banks
The Isle of Man is known as one of the locations that offshore companies flock to in order to reduce the taxes they pay.
Contractors at the Australian Tax Office Face Accusations of Connections with Tax Havens
The controversy regarding tax havens and offshore bank accounts occurs around the world, and even those working in tax offices are not free from blame.
France Will Be Collecting Taxes from Digital Giants in 2019
Corporate tax is a highly debated issue, particularly when it comes to large multi-national corporations. France has taken a firm stance when it comes to digital giants, indicating that the country will tax these companies, even if there is not yet an agreement in place across the European Union to do so.
The UK’s Recently Announced Income Tax Cuts Will Have the Largest Benefits for the Rich
The recent budget from Philip Hammond has made headlines for including income tax cuts that will supposedly benefit millions of workers.
France Is Considering Tax Breaks for Bitcoin Investments
Bitcoin is one of the few things that can make tax regulations even more complicated than they are already are thanks to offshore holdings and everyone trying to pay low tax rates.
The Midterm Elections Saw More Defeated State Tax Measures than Normal, Showing Changing Feelings Toward Taxes
Taxes are frequently found on the ballots during elections, including midterms. The most recent midterm elections in the United States took a unique turn when it comes to the tax measures found on the ballots, defeating more measures than in the past.