Deutsche Bank's German offices raided in money laundering case linked to Panama Papers
Some 170 police officers, investigators and prosecutors raided the German offices of Deutsche Bank on Thursday on the suspicion bank employees helped clients set up offshore companies in tax havens to launder hundreds of millions of euros. The investigation emerged from an analysis of documents ...
New Panama Papers release reveals four Japanese had their passport information compromised
Those targeted were unwittingly registered as representatives of firms that operated Japanese-language dating websites and were based in Anguilla, a British overseas territory in the Caribbean.
Car bomb kills journalist who exposed Malta's ties to tax havens via Panama Papers content
A Maltese investigative journalist who exposed the island nation's links to offshore tax havens through the leaked Panama Papers was killed Monday when a bomb exploded in her car, the prime minister said. Daphne Caruana Galizia, 53, had just driven away from her home in ...
Japanese individuals, firms named in Panama Papers owe ¥1 billion in taxes on hidden income
Calculation is first by Japanese authorities of amount owed on undeclared income exposed in leaked documents.
The government will tighten taxation rules on dummy companies set up in foreign countries with low corporate tax rates in order to prevent tax avoidance, government sources said. The new taxation rules call for imposing the nation's corporate tax rate on dummy corporations overseas regardless ...
Efforts to crack down on tax havens is starting to pick up steam, and none too soon.
Nobel winner Stiglitz quits Panama Papers probe, citing lack of transparency
The committee to investigate the lack of transparency in Panama's financial system itself lacks transparency, Nobel Prize-winning economist Joseph Stiglitz said on Friday after resigning from the Panama Papers commission. The leak in April of more than 11.5 million documents from the Panamanian law firm ...
The Group of 20 finance chiefs vowed Sunday to use "all policy tools" to pursue growth as Britain's decision last month to leave the European Union adds to the uncertainty in the global economy amid terrorism and other challenges. Finance ministers and central bank chiefs ...
Panama Papers link Japan's shady online brokers to tax havens
Investigation finds connections between tax havens and unauthorized online traders on the blacklist of Japan's financial regulator.
OECD tax-dodging confab concludes with agreement to draft blacklist criteria
In effort to crack down on corporations and individuals that evade taxes overseas, representatives from 82 countries agreed to draft criteria that could be used to put non-cooperative nations and jurisdictions on an international blacklist. The two-day meeting, which concluded in Kyoto Friday, was held ...
Nations discuss corporate tax avoidance at OECD meeting in Kyoto
Representatives of more than 80 countries and jurisdictions met in Kyoto on Thursday for a two-day conference aimed at going after corporate tax avoidance in the first-ever effort of its kind to include developed and developing countries. The meeting of the Organization for Economic Cooperation ...
Kyoto meeting a chance for nations to tighten screws on tax avoidance
Global efforts to tackle corporate tax avoidance are set to get new momentum on Thursday, when nations meet in Kyoto to discuss and possibly sign up to international rules introduced last year. The two-day meeting by the Organization for Economic Cooperation and Development's Committee on ...
