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.
What it means: New nationwide beneficial ownership information (BOI) reporting requirements are on hold while the court considers NFIB’s lawsuit challenging the law. Most small businesses are not
Potential candidates for US President Donald Trump’s Working Group on Digital Asset Markets have been revealed as crypto industry executives vie for highly-coveted seats on the advisory council. According
On Friday, German Finance Minister Christian Lindner issued a warning about the dangers of a potential trade war between the United States and the European Union. Speaking at the International Monetary
In his Spring Budget, delivered on 6 March 2024, the Chancellor announced sweeping reforms to replace the current tax regime for UK resident, non-UK domiciled individuals with a system based purely