U.S. prosecutors are increasingly reaching beyond the border in probes of bribery, tax evasion, the rigging of financial benchmarks, even corruption within global soccer. But a dentist accused of money laundering could make such investigations harder to execute. Robert Bandfield, 71, a U.S. citizen who practiced dentistry in Canada decades ago, is accused of masterminding […]

The Finance Bill 2016 published on 24 March 2016, confirms the Chancellor’s commitments to crack down on all forms of tax evasion, avoidance and aggressive tax planning as set out in the Budget 2016. A key part of the comprehensive package of measures are new proposals to tackle off-shore evasion using both civil and criminal […]

The expected creep of corporate criminal liability across the economic crime landscape which began with the Bribery Act 2010 continues apace. Companies need to keep on top of their systems and controls in anticipation of ever greater interest from the authorities in their control and oversight of employees and others under their control. TAX EVASION […]

Barcelona star Javier Mascherano is potentially heading to prison after being handed a one-year sentence on Thursday for tax-evasion charges. According to Sport, the 31-year-old Argentine was also fined €815,000 after confessing to a pair of tax-related offences. The publication added: “Mascherano’s lawyer, David Aineto, has requested the automatic suspension of the one-year prison sentence […]

They play a key role in maintaining the secrecy of thousands of beneficial owners and hundreds of thousands of business transactions. They do this by selling their names for use on official documents of the company, using addresses in obscure parts of the world, providing the anonymity for corrupt officials, tax evaders and organized criminals. […]

As the world is uniting to tackle tax evasion and improve financial transparency, the US “threatens progress,” a new survey has said. America is now ranked third among the world’s most attractive “tax havens,” trailing only Switzerland and Hong Kong. The US has jumped from sixth place to third in the Financial Secrecy index, which […]

Tackling tax evasion was a hot topic during the 2015 UK election. Buoyed by its success at the polls and the strength of public opinion, the UK government recently announced four consultations as part of its publication: Tackling Evasion and Avoidance. a new criminal offence for offshore evaders civil deterrents for offshore evaders civil sanctions […]

Landsbanki trial in French courts as representatives charged with money laundering and tax evasion Hundreds of British expats lost their homes after the Icelandic bank collapsed in 2008. The bank’s head lawyer in Spain, Domingo Plazas, has also been charged with tax evasion and money laundering Landsbanki equity release victims A MULTI-MILLION euro equity release […]