Hungary Lowers Corporate Tax Rate to 9 Percent
Hungary has slashed its corporate tax rate to just 9 percent, the lowest in the European Union. The move pushes the country’s rate even lower than that of Ireland’s, which is set at 12.5 percent.
Crystal worldwide Blog
BHP Billiton Accused of Tax Evasion
Former Australian Labor Treasurer Wayne Sway has alleged that mining giant BHP Billiton has been evading taxes for years.
Are Offshore Jurisdictions Good for the Global Economy?
Offshore jurisdictions have always been a contentious topic. However, since the publication of the Panama Papers in April, the debate has heated up.
Apple Named the Biggest Corporate Tax Avoider in the US
Apple officially has been dubbed the biggest corporate tax avoider in the U.S. after sending a staggering £171.6 billion (roughly $210 billion) of last year’s profits overseas.
Denmark Buys Panama Paper Documents
Last month, Denmark’s government became the first national government in the world to purchase data from the Panama Papers leak.
Tax Evasion or Tax Avoidance: What You Should Know about Donald Trump’s Taxes
Revelations that U.S. Republican presidential candidate Donald Trump has paid no federal taxes for the past 18 years has set off a storm of controversy.
Canada’s Revenue Agency Says Canadians Implicated in Panama Papers Shouldn’t Expect a Tax Deal
Canadians who have been somehow implicated in the Panama Papers leaked earlier this year shouldn’t expect leniency, the Canada Revenue Agency (CRA) said.
EU Makes Inquiry into Panama Papers Scandal
The European parliament has opened a 10-month inquiry examining the Panama Papers scandal, holding its first evidence session in Brussels.
New Research Sheds Light on Use of Shell Companies by African Officials
Records leaked in the now-infamous Panama Papers scandal have revealed how corrupt entrepreneurs and government officials across Africa have actively used shell companies and bribes to hide profits made from natural resource extraction
Bank Fined for Panama Papers Link
Taiwan’s Mega International Commercial Bank has been slapped with a $180 million fine by the New York State financial regulator for a range of anti-money laundering failures.