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Italy's Berlusconi loses final appeal in landmark case Italy's ex-leader Silvio Berlusconi has lost his final appeal against a tax fraud sentence in a ruling that jolted the political establishment on Friday but left the government in place for now.
02 August 2013
©REUTERS/Arnd Wiegmann Liechtenstein bank pays millions to settle US tax dispute Liechtenstein's oldest bank said Tuesday it would pay nearly $25 million to settle a dispute with US tax authorities over its suspected role in helping clients dodge US taxes.
31 July 2013
China owes Hollywood millions after halting payment for films China has stopped paying Hollywood studios for its films in a dispute over a Chinese tax on movie profits.
31 July 2013
Kazakhstan Finance Minister Bolat Zhamishev. ©pm.kz Kazakhstan seeks to drastically raise taxes on cars Raising the tax on cars powered by engines of over 3 liters is a tax on luxury: Finance Minister.
31 July 2013
RIA Novosti© Kazakhstan threatens Uzbekistan with “mirror” measures in response to excessive excise tax on Kazakhstan’s products Vice Prime Minister suggested the recommendations be drafted by August 15 so that the Government could consider them by September.
30 July 2013
G20 gets 'action plan' to fight tax avoidance The OECD has presented the G20 nations with a bold strategy to crack down on tax avoidance by corporate giants and the super rich, and so boost overstretched national budgets.
20 July 2013
Russia finds dead lawyer guilty of tax fraud A Moscow court on Thursday convicted Russian lawyer Sergei Magnitsky of tax evasion, provoking fresh outrage more than three years after his prison death.
12 July 2013
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
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