Tax Avoidance

Reset Filter

Jurisdictions

Industry Sectors

Predicate Crimes

Enforcement

Regulatory Update

19th August 2020

Swiss Leaks: ‘Prove where you got your wealth,’ India tells alleged tax dodger

Indian taxpayers appear a step closer to reaping millions of dollars their fellow citizens have stashed illicitly in secrecy jurisdictions, following a recent landmark ruling against the elderly beneficiary of an undeclared Swiss bank account. Based on her declared taxable income of less than $4,000 in 2006, the powerful… Read More

19th August 2020

Tax Rules for the Super-Rich Make the Isle of Man a Haven for Private Jets

OCCRP – Oleg Tinkov is a self-made Russian billionaire with a penchant for private jets and luxury homes around the globe that bear his name, just like the online bank he founded. For years, Tinkov flaunted this lavish lifestyle on social media. In February, his family flew a $58-million… Read More

11th August 2020

Tax affairs of 246 footballers being investigated by HMRC in 2019-20

The number of footballers investigated by HMRC rose dramatically in the tax year 2019-20, going up from 87 to 246 individuals, according to research by the accountancy firm UHY Hacker Young. The figures show footballers and their image rights are coming under increasing scrutiny as the UK tax authorities look… Read More

4th August 2020

Tax haven residents hold $5.7 billion of cash in Australia

Residents of known tax havens held more than $5.7 billion of cash in Australian bank accounts, according to figures released for the first time, suggesting the local financial system remains vulnerable to money laundering and tax avoidance. The data from the Australian Taxation Office has been made public as part… Read More

24th July 2020

Argentina confronts its multi-billion dollar offshore wealth problem

By Eli Moskowitz, OCCRP, 23 July 2020 OCCRP – As Argentina has been renegotiating its US$65 billion debt with foreign creditors, it is also grappling with the fact that up to six times that amount is believed to be held by its citizens and companies offshore. Repatriating a portion… Read More

23rd July 2020

U.K.’s Russia report demands major rethink of ‘Golden Visas’

A costly visa favored by Russian oligarchs and other wealthy investors should be completely revised because it was widely exploited and applicants weren’t adequately vetted, according to a report that laid out the scale of the country’s infiltration in U.K. society and politics. “The U.K. welcomed Russian money, and… Read More

22nd July 2020

Wife of drug kingpin Michael Ibrahim arrested with bankrupt George Alex

Construction industry identity George Alex, his son Arthur and the wife of jailed drug kingpin Michael Ibrahim are allegedly among members of a major crime syndicate who have been arrested over their involvement in tax fraud and money laundering. In raids across Sydney and the Gold Coast on Tuesday morning,… Read More

21st July 2020

A Fishy Business: Shifting Profits Out of Africa

By Margot Gibbs, Finance Uncovered, 20 July 2020 OCCRP — Leaked documents and an affidavit from a whistleblower working at a major Western fishing company operating in African waters have given rare insight into how food multinationals can shift profits around the world to avoid paying taxes in developing countries. Read More

21st July 2020

Bogus companies, fake congregations, tax schemes — Goldstein’s years of fraud revealed

The Clarence S. Brooks Foundation is located in a nondescript three-story building on Wilshire Boulevard in Los Angeles that also has a Wells Fargo bank branch and an urgent care among its tenants. From there, the small charitable foundation established in 2004 that had $5.8 million in assets at the… Read More

20th July 2020

Ex-Catalan premier Jordi Pujol and entire family facing trial over suspect fortune

A seven-and-a-half-year investigation into the origins of a fortune amassed by former Catalan premier Jordi Pujol has ended, bringing him, his wife and their seven children closer to standing trial for money laundering and other crimes. Judge José de la Mata of Spain’s High Court (Audiencia Nacional) on Thursday recommended… Read More

Must Read

EFCC Arrests Jonathan’s Nigeria’s Minister, Wakil In Abuja Over Alleged PHCN Fraud

Trinidad & Tobago: FIU uncovers $27B in suspicious transactions

Businessmen accused of Ukraine money laundering gave millions to New York charities

Hawala’ racket: 700 entities under ED scanner

Australia: Clubs propose digital wallet for pokies as suspicious player activity unveiled