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Spain raises taxes on alcohol, tobacco The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.
29 June 2013
Dolce and Gabbana sentenced to jail for tax dodge An Italian court on Wednesday sentenced celebrated fashion house duo Domenico Dolce and Stefano Gabbana to one year and eight months in prison for avoiding taxes totalling 200 million euros ($268 million).
20 June 2013
OECD report to help G8 offensive against tax evaders The OECD provided ammunition Tuesday for an expected G8 offensive against tax evasion in a report outlining how to bring about automatic sharing of financial information that would shoot a hole through banking secrecy.
19 June 2013
Group opens up offshore bank account database online A massive database of private offshore banking entities that could be used for tax evasion was posted online for public use Friday by the muckraking group that first reported the files.
15 June 2013
©REUTERS UBS France placed under investigation Paris investigators placed the French branch of Swiss bank UBS under formal investigation Friday on suspicion it helped try to persuade rich French clients to open undeclared accounts in Switzerland.
01 June 2013
WHO urges action against obesity as poor nations get fatter Alarmed at expanding waistlines around the world, the UN's health agency has urged countries to get serious about reining in a ballooning obesity crisis.
29 May 2013
Outgoing acting IRS Commissioner Steven Miller. ©REUTERS/Jason Reed IRS chief insists abuses were not political The outgoing head of the IRS told Congress Friday that the US tax agency made "foolish mistakes" in targeting conservative groups, but insisted the action was not politically motivated.
18 May 2013
Obama condemns 'intolerable' tax agency scandal US President Barack Obama Tuesday condemned "intolerable" behavior by tax agency staff after a watchdog investigation found they unfairly targeted conservative groups opposed to his administration.
16 May 2013
Britain launches legal challenge to EU finance tax The British government has launched a legal challenge against plans for a European financial transactions tax to be adopted by 11 EU states.
21 April 2013
French ministers face first-ever assets declaration French ministers will for the first time on Monday disclose their assets, in a move President Francois Hollande's Socialist government hopes will restore public confidence after a tax fraud scandal.
15 April 2013
EU finance ministers tackle tax-fraud European Union finance ministers tackle tax fraud and money-laundering as they wrap up two days of talks on Saturday.
13 April 2013
French ministers to declare assets publicly after scandal France's Socialist government said Monday it had ordered ministers to declare their assets publicly within days, as it seeks to limit the damage from a tax fraud scandal involving an ex-minister.
10 April 2013
Photo courtesy of savingcheap.com Swiss banks eager to root out undeclared funds: experts Amid a massive scandal involving France's former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats and clear their names.
09 April 2013
©REUTERS/Charles Platiau France says 75% tax will apply to footballers France said Tuesday that a new 75 percent tax rate on upper incomes would apply to top football players despite claims from clubs that they would be exempt.
04 April 2013
Blow for Hollande as ex-minister charged in tax fraud probe France's ex-budget minister Jerome Cahuzac was charged Tuesday in a tax fraud probe after he admitted having a foreign bank account, dealing a fresh blow to President Francois Hollande's embattled government.
03 April 2013
Omar Sharif. Photo courtesy of sentieriselvaggi.it Five jailed in Britain over movie tax scam Five people were jailed for more than 20 years in Britain on Monday for pretending to make a Hollywood blockbuster to secure millions of pounds in tax breaks from the government.
27 March 2013
Obama jabs Republicans over tax cuts for rich President Barack Obama on Thursday said the only thing keeping Republicans together was a desire to shield the rich from higher taxes, in a new jab over an imminent budget confrontation.
22 February 2013
EU states want 'fair tax share' from big business The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.
16 February 2013
©REUTERS Starbucks may pull British investment over tax issue: report Starbucks has threatened to suspend millions of pounds of investment in Britain over what it sees as unfair targeting by Prime Minister David Cameron over its tax affairs.
27 January 2013
Greek parliament approves tax change under rescue terms Greece's parliament early Saturday approved a new tax bill, part of the latest batch of fiscal reforms tied to the country's next slice of EU loans.
12 January 2013
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