Latest News for: Offshore tax world


Tax evasion, hell (sometimes) with good intentions

Swords Today 25 Oct 2021
Early October, publication Pandora Papers Public opinion was once again shocked by the revelation that some of the richest and most powerful people in the world, including top officials, used offshore companies and tax centers to hide their wealth and avoid paying taxes on their components ... Finally, trainings Tactical Tax exemption is a gray area.

Bill Squadron: Why North Carolina should legalize sports betting

News & Record 24 Oct 2021
This would create jobs, generate new tax revenue and allow North Carolina sports fans ... This kept states from regulating it, monitoring it and taxing it — and forced otherwise law-abiding citizens to take their interest in wagering on a game to the shadowy world of offshore bookies.

In Depth: Hong Kong’s Strategy to Break Cayman Islands’ Stranglehold on Offshore Funds

Caixin Online 21 Oct 2021
But regulations in offshore tax havens are being tightened up following pressure from governments around the world, including in the European Union, which has become increasingly concerned at the use of these jurisdictions by companies for money laundering, fraud, and tax avoidance and evasion.

Almost all Tory voters agree company tax avoidance morally wrong, poll finds

The Guardian 21 Oct 2021
... Pandora Papers about widespread use of offshore tax havens by some of the world’s wealthiest people.

Why poor nations remain poorThe world has never seen this level of amassing of wealth ...

Deccan Herald 20 Oct 2021
The revelation of names of national leaders, celebrities and billionaires in the Pandora Papers shows how they have used the services of 14 offshore providers to hide their wealth or pay less tax ... These cross-border financial flows are backed and facilitated by well-organised network of offshore tax havens that rely on intermediaries or ‘enablers’.

Celia Rivenbark: A radical proposal: Squid Game for billionaires

The Courier-Tribune 16 Oct 2021
... accounts of some of the world’s richest people ... Kidding! No, what I meant to say was they discovered many of the world’s richest and most influential people hide their enormous wealth in a shameful smorgasbord of tax havens, offshore accounts, and legal-but-loathsome loopholes.

Cyprus strips 45 passports obtained by investors and their families under cash-for-citizenship scheme

Russia Today 15 Oct 2021
The Cypriot government announced on Friday that it has decided to formally strip passports from 39 people who obtained citizenship under a disgraced investment scheme, as well as six of their dependents ... on the basis of the procedures provided.” ... New leaks reveal how world leaders use offshore companies to dodge millions of dollars in taxes.

Biden meets Kenya's president Uhuru Kenyatta at the White House, donates 17 million vaccines to ...

The Daily Mail 14 Oct 2021
The meeting comes days after Kenyatta's family was named as owners of 13 offshore companies in the Pandora Papers, with Biden vowing before their meeting to talk to the leader about 'transparency.' ... He is one of a number of world leaders caught up in the embarrassing leak ... The secret offshore wealth of world leaders.

Chilean opposition initiates presidential impeachment process over pandora papers

Beijing News 14 Oct 2021
The Pandora Papers, published by the International Consortium of Investigative Journalists on October 3, allege that over 35 current and former world leaders, and about 400 officials from more than 100 countries, have been involved in offshore schemes and tax evasion.

Chile president Piñera faces impeachment after Pandora papers leak

The Observer 13 Oct 2021
They provide a rare window into the hidden world of offshore finance, casting light on the financial secrets of some of the world’s richest people ... By holding those assets in an offshore company, it is possible to hide from the rest of the world the identity of the person they actually belong to, or the “beneficial owner”.

Biden invites Kenyan President Uhuru Kenyatta to the White House to discuss financial 'transparency and ...

The Daily Mail 12 Oct 2021
The White House announced President Biden will meet Kenyan President Uhuru Kenyatta on Thursday to discuss financial 'accountability' - just days after he and his family were named as owners of 13 offshore companies in the Pandora Papers ... The secret offshore wealth of world leaders.

No outcry when Pandora's box opened

The Manila Times 12 Oct 2021
Last week saw the release of a report by an international consortium of investigative journalists, detailing the transferring abroad and depositing of (usually large amounts of) assets in a number of offshore tax havens by very important persons — some political, some commercial and some both — from many countries around the world.

What the Pandora papers reveal about Nigeria’s elites

Business Day Online 12 Oct 2021
To set up what has now become a convoluted business structure, Obi reported first approached Access International, a secrecy enabler in Monaco, France, to help him incorporate an offshore entity in one of the world’s most notorious tax havens noted for providing conduits for wealthy and privileged corrupt political elites to hide stolen cash.

Papers fail to open the Pandora’s box

Dawn 11 Oct 2021
The fact is that not much has so far been done to break the cycle of covert offshore investments despite freely accessible records of multi-billion dollars moving out to shadowy destinations ... Commenting on the offshore companies, he said, the “Anglo Saxon world created these structures for global expansion and tax minimisation/avoidance.

Pandora Papers Expose Greed, Assange Exposed War Crimes. Assange Should Not Be In Prison by ...

Earth Newspaper 11 Oct 2021
The only surprise when it comes to the Pandora Papers revelations, exposing the scale of the greed and corruption of various world leaders, political figures and officials in hoarding obscene amounts of cash in offshore tax havens, is that anyone should be surprised ... If You Find Informative, Please Make A Contribution ... I, Mark R.