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.
The Treasury disbanded a unit tasked with offshore and non-dom tax policy weeks before announcing significant changes in the budget to the way foreign residents are taxed, sources have said. The unit,
Almost one in four applicants for Malta’s golden passport scheme are refused, official data seen by the Times of Malta shows. Around half the refused applications came from Russian nationals while
A finding by the court-appointed special monitor overseeing former U.S. President Donald Trump’s fraud case in New York placed questions about a loan acquisition—and potential tax evasion—back
Ireland has failed to implement three EU directives, prompting the European Commission to issue it with a letter of formal notice. It has not implemented on the VAT fraud directive, the Emissions Trading