Tax evasion

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California Lawmakers Spend More, Avoid Reform: New at Reason.

The latest budget has new spending but no attempts at serious reform. Steven Greenhut writes: Legislators in California announced a budget deal last week that spends a record $125 billion in the general fund. But most interesting isn't what's in the deal, but what isn't. There's plenty of new spending, of course, but ...

- Reason.com - US

California Lawmakers Spend More, Avoid Reform.

Legislators in California announced a budget deal last week that spends a record $125 billion in the general fund. But most interesting isn't what's in the deal, but what isn't. There's plenty of new spending, of course, but not so much that it outpaces the rate of inflation. There are controversial "trailer" bills that ...

- Reason.com - US

Don't ask buyers to pay before July 1, builders warned.

It is illegal for builders to ask buyers of unfinished realty projects including flats to make full advance payment to avoid paying higher taxes after GST kicks in, Union housing minister M Venkaiah Naidu has said.

- Times Of India - IN

Fulton County freezes tax assessments.

The Fulton County Commission voted unanimously Wednesday to freeze residential property assessments at last year's levels, avoiding large assessment increases and, consequently, huge property tax hikes that were facing many homeowners. "Today's vote was not just a monetary or fiscal matter. It was a moral issue," said ...

- Atlanta Business Chronicle - US

EU transparency rules target tax avoidance planners.

The EU Commission proposed Wednesday tough new transparency rules for intermediaries - tax advisers, accountants, banks and lawyers - who design and promote tax planning schemes for their clients.

- EUbusiness.com - UK

GOP budget deadlock imperils Trump hopes for tax overhaul.

WASHINGTON " If Republicans can't pass a budget, forget about a major overhaul of the nation's tax code " at least if they want a GOP-only approach with President Donald Trump that would avoid Democratic delaying tactics.Congressional...

- The New Zealand Herald - NZ

Fulton commissioners to consider freezing property assessments.

The Fulton County Commission is expected to vote Wednesday to freeze residential property tax assessments at last year's levels to avoid huge tax increases threatening homeowners following a dramatic jump in property values. Research conducted by the county attorney in recent days unearthed a 19th-century state law that ...

- Atlanta Business Chronicle - US

Madrid chief Perez 'not contemplating' Ronaldo departure.

Newly re-elected Real Madrid president Florentino Perez is not contemplating' Cristiano Ronaldo leaving the European champions, despite talk of the disgruntled star returning to Manchester United. The reigning Ballon d'Or and Best FIFA Men's Player award winner is believed to feel singled out for disproportionate treatment ...

- timesofmalta.com - MT

Finance Minister avoids MEPs on money laundering, tax haven claims.

Finance Minister Edward Scicluna was careful not to engage with MEPs who again pressed him on Malta's commitment to fight money laundering, Panama Papers leaks and claims of the island being used for tax evasion. Prof. Scicluna told the European Parliament's economic and monetary affairs committee in Brussels on Monday: As ...

- timesofmalta.com - MT

Ronaldo ordered to appear in court.

Real Madrid star Cristiano Ronaldo, accused of evading 14.7 million euro in tax, has been summoned to appear before a judge in Spain, judicial sources told AFP on Tuesday.The 32-year-old Portuguese star is facing four charges of fraud through offshore companies between 2011 and 2014.The hearing will take place at 09:00 GMT ...

- Deccan Herald - IN

Spanish officials reveal details of Mourinho tax allegations.

Manchester United manager Jose Mourinho is the latest high-profile football figure to be accused of defrauding the Spanish tax system, prosecutors confirmed on Tuesday. Mourinho is alleged to have illegally avoided tax payments totalling more than €3.3m in 2011 and 2012, during his spell in charge of current European ...

- City AM - UK

Mourinho accused of 3.3mn euro tax fraud in Spain

The announcement comes a week after Real Madrid's Portuguese star Cristiano Ronaldo was accused of evading 14.7 million euros in tax through offshore companies

- Daily Monitor - UG

Mourinho accused of €3.3m tax fraud in Spain

MADRID, June 20 — Manchester United manager Jose Mourinho was today accused of evading €3.3 million in tax at Real Madrid, the public prosecutor's office in Madrid announced. The 54-year-old Portuguese, who coached Real...

- The Malay Mail - MY

Ronaldo summoned for July 31 tax hearing

MADRID, June 20 — Real Madrid star Cristiano Ronaldo, accused of evading €14.7 million in tax, has been summoned to appear before a judge in Spain, judicial sources told AFP today. The 32-year-old Portuguese star is facing...

- The Malay Mail - MY

Manchester United manager Mourinho accused of €3 million tax fraud in Spain

Manchester United manager Jose Mourinho was on Tuesday accused of evading €3.3 million euro in tax at Real Madrid, the public prosecutor's office in Madrid announced.

- The Local - ES

The GOP's budget deadlock could derail Trump's hopes for tax overhaul

AP Photo/Evan VucciWASHINGTON — If Republicans can't pass a budget, forget about a major overhaul of the nation's tax code — at least if they want a GOP-only approach with President Donald Trump that would avoid Democratic delaying tactics. Congressional Republicans are struggling to first figure out a budget, ...

- Business Insider - US

Mourinho accused of 3.3mn euro tax fraud in Spain

Manchester United manager Jose Mourinho was on Tuesday accused of evading 3.3 million euro in tax at Real Madrid, the public prosecutor's office in Madrid announced.

- The Daily Star - LB

Exempt roads, railways from GST due to long gestation period, negative returns: Assocham tells govt

In a note submitted to the finance ministry, Assocham suggested that to avoid accumulation of input tax credit with the contractors, a similar exemption should be granted in GST on direct procurements made by the contractors for such projects. The post Exempt roads, railways from GST due to long gestation period, negative ...

- Firstpost - IN

GOP budget deadlock imperils Trump hopes for tax overhaul

WASHINGTON — If Republicans can't pass a budget, forget about a major overhaul of the nation's tax code — at least if they want a GOP-only approach with President Donald Trump that would avoid Democratic delaying tactics.

- Billings Gazette - US

Don’t Miss Chance to Rewrite Tax Code, Paul Ryan Will Tell His Party

Mr. Ryan will insist in a speech on Tuesday that Republicans come together to avoid letting a 'once in a generation' opportunity slip through their hands.

- New York Times - US

Labour labels Government action on multinational tax 'unambitious'

New Zealand might end up "whistling in the wind" if it charted its own course tackling multinational tax avoidance, Revenue Minister Judith Collins says.

- Stuff - NZ

Republicans debating remedies for corporate tax avoidance

WASHINGTON - President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries.

- Reuters - US

Republicans debating remedies for corporate tax avoidance

WASHINGTON - President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries.Congressional and administration staff have begun to examine options to address ...

- Reuters - US

Sharif family appearance before JIT ‘matter of shame, not applause’: Imran Khan

Pakistan Tehreek-e-Insaf Chairman Imran Khan remarked that the appearance of the ruling Sharif family before the Joint Investigation Team is a “matter of shame, not applause.” In a tweet, he wrote “It be a matter of shame, not applause, for that their , the , and their kids have to appear before JIT on ...

- Geo.tv - PK

DSI to check taxes of 300 pricey vehicles

Investigators are preparing to check the tax records of 300 luxury vehicles in light of the various deceptions used to evade tax, according to the Department of Special Investigation .

- BangkokPost - TH

Aadhaar mandatory for opening bank A/c, transaction over Rs50K

The government has made quoting of biometric identity number Aadhaar mandatory for opening of bank accounts as well as for any financial transaction of Rs 50,000 and above.Existing bank account holders have been asked to furnish the Aadhaar number issued by the Unique Identification Authority of India by December 31, 2017, ...

- Deccan Herald - IN

VIDEO: URA increases fine for tax evading importers to Shs72m

Importers who use different tricks to avoid or evade taxes face a fine of Shs72 million once caught, Uganda Revenue Authority-URA has warned

- Daily Monitor - UG

U.S., Panama, United Arab Emirates among countries undermining global action on tax dodging

U.S., Panama, United Arab Emirates among countries undermining global action on tax dodging8 June 2017Oxfam harshly criticized the United States, the United Arab Emirates, Panama and other countries for undermining a landmark global initiative to tackle corporate tax dodging unveiled today.

- Oxfam International - UK

Tax: Ground-breaking multilateral BEPS convention will close loopholes in thousands of tax treaties worldwide

Ministers and high-level officials from 76 countries and jurisdictions have signed today or formally expressed their intention to sign an innovative multilateral convention that will swiftly implement a series of tax treaty measures to reduce opportunities for tax avoidance by multinational enterprises.

- OECD - US

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