President Barack Obama has set forth an important initiative with the aid of Congressman Neal, Senator Kerry, Chairman Baucus and Rangel. The agenda is to empower the government of the United States of America to combat oversea tax havens, such as Swiss bank accounts.
When corporations make plans to evade taxes, they rarely consider the impact that tax evasion has on both developed and developing nations. According to the Tax Justice Network, there is an estimate of between $21-$32 trillion that is associated with private wealth held offshore. The annual...
Tax evasion is illegal. U.S. citizens can go to jail and also be charged with substantial penalties for this crime. That's why it is so important to understand what constitutes tax evasion. If you aren't comfortable filing your own tax return then it makes sense to hire...
As a United States citizen, one of your biggest grumbles may be getting taxed every year. You may feel that you are being taxed entirely too highly while others pay too little or even nothing at all. This has certainly been an issue that has caused much...
In a recent announcement made by the ConDem government, they've indicated that they will make further developments in its current plans to make the UK a tax haven nation. Many multimillionaires from foreign countries prepare to react accordingly. There has been a shift in offshore investments...
The nation of Switzerland has always been one of the prized goals for many of the world's leading tax evasion lawyers and investigators. In 2009, the largest bank in Switzerland, UBS AG entered into an agreement with the U.S. tax agencies that would allow it to pay...
Several members of the billionaire Sackler family have recently come under fire in the United States. The family has already been under fire due to its ownership of Purdue Pharma, the company that created and marketed the infamous opioid drug, Oxycontin. Now they find themselves the target...