As Reported on MSM.com Wednesday 11 September, The trial of 27 people connected with the
Panama Papers tax evasion scandal began in a Panamanian criminal court on Monday, some eight years after the revelations first emerged.
Among the defendants are German-born Jürgen Mossack, and Ramon Fonseca, the co-founders of a Panama-based law firm that was at the center of the document leak in 2016.
Mossack, Fonseca and other former employees of the law firm are facing money laundering charges based on allegations the law firm set up shell companies in tax havens.
Fonseca has previously said the firm, which closed in 2018, had no control over how its clients might use offshore vehicles created for them.
Europe’s legislators reached a provisional agreement on the anti-money laundering rulebook. Crypto firms will be obliged to carry out additional customer due diligence.Some onerous provisions for
HMRC has intensified investigations into inheritance tax evasion, launching 2,029 inquiries between April and November 2023. The frozen inheritance tax threshold and rising property prices have led
Apple is likely to face a fine of around half a billion euros early next month according to five people with direct knowledge of an on-going investigation. These five sources reported these details
European Union finance ministers failed to agree on a tax on digital income, despite a last-minute plan by Germany and France to save the proposal. The EU’s executive arm proposed a 3 percent