Japan's flamboyant 'Prince of Green Juice' arrested for alleged tax evasion
A flamboyant entrepreneur known as the "Prince of Green Juice" was arrested for alleged tax evasion on Tuesday. Tokyo prosecutors raided beauty and diet product company Media Hearts Co., which President Yuta Misaki set up in 2007, over the evasion of about ¥180 million in ...
Osaka takoyaki seller found guilty for evading ¥130 million in taxes
The operator of a snack stand serving takoyaki (octopus dumplings) near Osaka Castle was found guilty Wednesday of evading about ¥130 million in income tax. The Osaka District Court sentenced Tatsuko Utsunomiya, 72, to a year in prison, suspended for three years, and handed down ...
Last defendant in Japan's biggest gold-smuggling case evades prison but gets ¥1.5 million fine
The Saga District Court sentences the last of nine men charged with smuggling 206 kg of gold into Japan in May, wrapping up the nation’s largest gold seizure to date.
Japanese individuals and firms named in Panama Papers owe ¥1 billion in taxes
Calculation is first by Japanese authorities of amount owed on undeclared income exposed in leaked documents.
French ex-minister who fought tax evasion jailed for tax fraud
A former minister who led a French government crackdown on tax evasion was sentenced to three years in jail on Thursday for hiding an offshore bank account of his own, in a scandal that deeply embarrassed President Francois Hollande. A Paris court found Jerome Cahuzac, ...
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 ...
A trove of documents from a Panamanian law firm is rattling politics around the world.
Cameron may be clean, but that isn't the point
Revelations that British Prime Minister David Cameron benefited from shares in a Panama-based fund have undermined the honest-broker image he was seeking ahead of the "Brexit" referendum.
Key figure in hospital-election scandal failed to declare ¥100 million: sources
Tax authorities have found that a central suspect in an election scandal involving a major hospital chain failed to report about ¥100 million in taxable income in 2006, sources said Tuesday. Torao Tokuda, the 76-year-old founder of the Tokushukai group who is now battling amyotrophic ...
Shiseido charged tax penalties in Japan for allegedly keeping profits in U.S.
Shiseido Co. is under fire from tax authorities for allegedly failing to report ¥3.8 billion in income for a five-year period through March 2012 by pooling profits at a U.S. subsidiary, sources said. Japan's top cosmetics brand is planning to dispute the allegation by filing ...
In a landmark decision, the Osaka District Court ruled Thursday that betting slips for horse races can be counted as a business expense, a finding that could alter rulings on other tax evasion cases related to gambling. The decision was handed down in the case ...
