Tag: tax evasion

Philippine President Rodrigo Duterte has barred Filipinos from seeking work in Kuwait over reports of widespread abuse, exploitation and deaths

Video: Philippine President Duterte Crushes Impounded Luxury Cars with Bulldozers

Philippine President Rodrigo Duterte’s persistent efforts to demonstrate he is very tough on crime found him crushing impounded luxury cars with bulldozers on Tuesday. The pancaked vehicles included Porsches, Mercedes, Jaguars, and Corvettes, some of them worth over a hundred thousand dollars.

Researchers at Lookout mobile security firm and Citizen Lab at the University of Toronto said they uncovered a fierce, three-pronged cyber attack targeting a dissident's iPhone "that subverts even Apple's strong security environment"

Armstrong Williams: Americans Finally Get a Bite at the Apple

Perhaps one of the most underreported stories of recent weeks was the European Union’s ruling on Apple’s tax arrangement with Ireland. After a three-year investigation, the EU levied what is believed to be the largest and most controversial tax penalty in its thirty year history. The implications of this are obviously of great importance to Apple and to the Irish government – but it could also have significant implications for the U.S. election cycle.

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Apple Only Billed $14.5 Billion for Irish Tax Scam

The EU anti-trust regulator let Apple off easy with what amounts to a spectacular bargain by ruling that the company only owes $14.5 billion in taxes and interest through the infamous “Double Irish Flip.”

Money Laundering Network

IMF: World Cost of Bribes up to $2 Trillion Annually

The International Monetary Fund (IMF) released a report Wednesday finding that annual cost of bribes paid in both developing countries and advanced economies amounts to $1.5 to $2 trillion globally.

Panama Papers -- The website of the Mossack Fonseca law firm is pictured in this file illustration picture taken April 4, 2016. REUTERS/REINHARD KRAUSE/ILLUSTRATION/FILE

‘Panama Papers’ Source Writes Manifesto Against ‘Income Inequality’

The anonymous source for the “Panama Papers” leak – described by the International Consortium of Investigative Journalists as a “whistleblower,” although the Mossack Fonseca law firm of Panama would say “thief” is a better word – has written a lengthy manifesto, reprinted in full by the ICIJ.

Philip Green BHS

UK Lawmakers Ask Philip Green To Testify In BHS Pensions Inquiry

LONDON (Reuters) – British lawmakers have asked retail billionaire Philip Green and his wife Tina to appear before them within the next few weeks to help with inquiries into the failure of department store chain BHS and its pension liabilities.

Panama, Panama City : PANAMA CITY, PANAMA - APRIL 07: The sign in front of the building that houses the law firm Mossack Fonseca & Co is seen on April 7, 2016 in Panama City, Panama. The law firm, which specializes in setting up offshore companies, is at the center …

Peru, El Salvador Raid Offices of ‘Panama Papers’ Law Firm

The “Panama Papers,” a trove of documents taken from Panamanian law firm Mossack Fonseca, have triggered raids by the government of El Salvador against the local Mossack Fonseca office, while Peruvian authorities raided the home of an executive of the firm.

tax evasion

UK To Criminalise Firms Whose Staff Abet Tax Evasion

British Prime Minister David Cameron was on Monday to announce plans to make companies liable for staff facilitating tax evasion, in his first parliamentary appearance since the Panama Papers triggered a row over his own tax affairs. Cameron was to

tax evasion

German Politicians Urge Cameron To Do More In Fight Against Tax Evasion

BERLIN (Reuters) – German politicians have called on British Prime Minister David Cameron to do more in tackling the use of offshore companies set up in British overseas territories to evade taxes. “We’ll only be convincing on the international stage

Partner of the Panama-based law firm Mossack Fonseca, Ramon Fonseca speaks during an interview at his office in Panama City, Thursday, April 7, 2016. Fonseca, a co-founder of Mossack Fonseca, one of the world's largest creators of shell companies, said that documents investigated by the ICIJ were authentic and had …

Founder of Panama Papers Firm: ‘We Prefer Not to Have American Clients’

The co-founder of Mossack Fonseca, the Panamanian law firm at the center of the “Panama Papers” data leak, has a simple explanation for why few Americans have been among the clients exposed by the scandal: the firm preferred to seek customers in other parts of the world.

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DELINGPOLE: Only Embittered Lefties Give A Damn About Panama

I’ve been trying, I really have, to give a damn about the fact that Paul Burrell, former butler to the late Diana, Princess of Wales, may have some shares in an offshore trust based in the British Virgin Islands called

Bar Rafaeli

Model Bar Refaeli Grilled Over Massive Israel Tax Evasion

Israel’s most famous model Bar Refaeli was arrested and questioned for allegedly evading taxes on millions of dollars of income from abroad by lying about her residency, Israeli authorities said Thursday. Refaeli is also suspected of receiving benefits of “over