Mourinho fined for tax fraud in Spain in lieu of jail time
7th February 2019
Mourinho fined for tax fraud in Spain in lieu of jail time
Former Real Madrid manager Jose Mourinho has accepted a one-year prison sentence for defrauding the Spanish state of 3.3 million euros (2.8 million pounds), a Spanish court filing showed on Tuesday, although the Portuguese will not serve any jail time. The filing said the tax ministry and Mourinho’s defence team… Read More
Cayman Islands added onto new tax haven blacklist
6th February 2019
Cayman Islands added onto new tax haven blacklist
The Cayman Islands has been added onto the Netherlands new low-tax jurisdictions list, dubbed blacklist, of 21 jurisdictions considered to be tax havens, as Amsterdam looks to roll out new measures to combat tax avoidance. Companies registered in the jurisdictions on the list face paying 20.5% tax from 2021 on… Read More
UK: Louis Vuitton worker stole customers passport details for bogus tax scam
31st January 2019
UK: Louis Vuitton worker stole customers passport details for bogus tax scam
A Louis Vuitton sales assistant at Selfridges, Manchester, has been jailed for two years and six months over her role in a scheme which involved using the stolen details of unsuspecting customers to make fake VAT claims and cash in on the refunds. The Salford-based woman copied the passport details… Read More
List of UK’s ‘highest taxpayers’ published, sportswear family billed £182 million
28th January 2019
List of UK’s ‘highest taxpayers’ published, sportswear family billed £182 million
A new list ranking tax contributions in the UK has named owners of a sportswear enterprise, gambling business and clothing retailers among the country’s estimated top ten taxpayers. Top of the list is JD Sports majority shareholder Stephen Rubin, followed by Bet365 boss Denise Coates and then Sir James… Read More
Ronaldo agrees to pay €19 million fine over tax evasion
23rd January 2019
Ronaldo agrees to pay €19 million fine over tax evasion
Cristiano Ronaldo has reportedly accepted a €18.8m fine and 23-month jail term over tax evasion charges in Spain. The award-winning football player is alleged to have avoided paying tax between 2010 and 2014, in a case centred around image rights deals. Ronaldo is reported to have acknowledged incidents amounting to… Read More
UK appoints former Deloitte exec as new Tax Director
14th January 2019
UK appoints former Deloitte exec as new Tax Director
The United Kingdom has announced the new appointment of Bill Dodwell as Tax Director of the Office of Tax Simplification (OTS). As part of his portfolio, Dodwell will provide’ expert advice, guidance and direction’ to the OTS and its Board as a Non-Executive Member, the Treasury department said. OTS… Read More
EU Anti-Tax Avoidance Directive (ATAD) comes into force
3rd January 2019
EU Anti-Tax Avoidance Directive (ATAD) comes into force
New rules designed to combat corporate tax avoidance in the European Union have kicked in. As of 1 January 2019, all member states shall apply new legally binding anti-abuse measures which will see authorities tax profits moved to low-tax countries where the company does not have any genuine economic activity… Read More
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