HSBC PB Switzerland to pay $192m for US tax evasion case
It maintained accounts in names of nominee entities established in the BVI, Liechtenstein and Panama
Tax Evasion
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Suspected UK tax evasion arrests drop to five-year low
HMRC may have become more wary following accusations it has been ‘trigger happy’
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Barcelona defender hit with €2.1m tax bill
As Spanish tax authorities continue to crack down on famous footballers
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UK taxman recovers nearly £3bn from offshore tax evaders
Creation of the Fraud Investigation Service boosted money retrieval
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UK taxman recovers over £5m in unpaid tax from dog breeders
They were selling puppies ‘on a mass scale’ on the black market
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Canadian province introduces public property register
In a move to crack down on money laundering and tax evasion around real estate
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EU demands members ‘phase out’ golden visas
The schemes jeopardise and pose security risks to the bloc, European Commission says
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Over 1,400 tax evasion orders from UK taxman in 2018
‘Irregularities that previously may have been dealt with civilly are now being looked at from a criminal perspective’
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UBS sets aside a tenth of €4.5bn French tax evasion fine
The firm believes ‘the verdict should be reversed’ and ‘judgement is not supported by the facts’
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US fines Israeli bank $195m for helping clients evade tax
‘When bank employees facilitate tax fraud, the bank facilitates tax fraud and will be held responsible’
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UK government vows ‘no safe havens’ for tax cheats
HMRC is actively pursuing a number of enablers suspected of facilitating cross border tax fraud
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‘Significant flaws’ in tax evasion verdict, claims UBS
The Swiss bank called the French judges’ decision ‘superficial, inconsistent and contradictory’