Crystal worldwide Blog

Paradise Papers Show High-Profile Tax Evasion

The Paradise Papers are a collection of documents leaked by the International Consortium of Investigative Journalists that sheds light on offshore tax structures. These documents follow on the heels of the Panama Papers.

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Shakira Faced Investigation for Tax Evasion

Colombian singer Shakira recently handed over a staggering $25 million to settle a tax debt with the Spanish government. Shakira – whose full name is Shakira Isabel Mebarak Ripoll – has been embroiled in a tax dispute with the Spanish government since last year.

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Cryptocurrencies and Taxes: What You Need to Know

Jurisdictions around the world are increasingly making moves to tax gains made from cryptocurrency transactions – just like they would tax capital gains made from selling property at a profit or trading gold.

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EU Launches Tax Avoidance Probe into Ikea

The European Union announced its plans to launch a tax avoidance probe into prominent furniture retailer Ikea late last year. The move is part of Brussel’s aggressive crackdown on corporate tax avoidance throughout Europe.

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What Is the Tax “Pass Through” Rule?

Unlike corporations, which distribute profits to shareholders via dividends, pass through businesses’ profits go right to their owners, essentially “passing through” the books of the business.

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