English comedian Jimmy Carr, who was at the centre of a tax avoidance scheme that nearly ended his career, wants to scrap tax loopholes and send them to Room 101, the torture chamber from the dystopian novel Nineteen Eighty-Four.
Global leaders should do more to crack down on tax avoidance after figures revealed that global wealth rose $9.2trn (£6.6trn, €7.5trn) in the year to June 2017, with $7.6trn going to the top 1% who are not paying their fair share, Oxfam has said.
The European Union’s finance minister is expected to remove almost half of the jurisdictions, including Panama and the UAE, from the tax haven blacklist next week, in a move that critics may see as a watering down of its tax avoidance campaign.
Former sports stars are among a group of investors taking legal action in the UK against Scion Films for losses incurred from mis-sold investments in film tax schemes with the help of the law firm taking similar action against Ingenious Media.
The EU has blacklisted 17 jurisdictions, including South Korea and the United Arab Emirates, and put 47 others on notice including Jersey and the Cayman Islands, but it has not said what sanctions or penalties those shamed will face.
For the second time in 18 months, millions of documents have been illegally released from a law firm, shining a harsh spotlight on the use of offshore trusts and finance centres.
Manchester United manager Jose Mourinho has confirmed that he paid a fee to settle accusations of defrauding the Spanish tax authorities.
Football managers and celebrity investors are among those suing a £100m ($132m, €113m) avoidance scheme after it led to disastrous tax bills.
The UK lost out on a fifth of the tax revenue it expected to raise in 2015/16 because of evasion and avoidance, figures released on Thursday by HM Revenue & Customs show.
In its latest clash with sports stars over their tax affairs, HM Revenue & Customs has taken a little-known Hull player to task over his image rights.
A tax avoidance scheme promoter has been found guilty of not telling HM Revenue & Customs (HMRC) about it.
Solicitors providing tax planning services face greater scrutiny from HM Revenue & Customs and the Solicitors Regulation Authority (SRA), as the UK Government clamps down on aggressive avoidance schemes.
