Italy amends Black Lists of countries as regards tax information exchange
On April 1, Italy’s Minister of the Economy and Finance, Pier Carlo Padoan, signed 2 decrees that modify Italy’s “black lists,” and announced on the same day that Italy and the Vatican had signed their...
View ArticleMoney laundering to become difficult in next 1-2 years, Indian Finance...
According to Arun Jaitley, Minister for Finance, Corporate Affairs, Information, and Broadcasting in the Government of India, tax evasion and money laundering will become extremely difficult in the...
View ArticleBelize to enhance Anti-Money Laundering
To strengthen the jurisdiction’s safeguards against financial crime, Belize’s Financial Intelligence Unit and Belize Police have signed a memorandum of understanding. The memorandum will strengthen the...
View ArticleFootball Star accused of Tax Evasion through offshore companies
Lionel Messi, a 28-year-old 5-time World Player of the Year, and his father Jorge Messi were accused of using offshore companies in Belize and Uruguay in order to avoid over EUR 4 million in tax. In...
View ArticleEU signs agreement with IOTA to fight Tax Evasion
An Agreement for Cooperation has been signed by the Intra-European Organisation of Tax Administrations (IOTA) with the European Commission to allow them to work more effectively towards the common...
View ArticleUK bill to open details on multinational Tax Evasion
A legislative amendment in the United Kingdom this week will give the British government the power to publish details of tax payments made by UK-based multinational corporations on a country by country...
View ArticleUN expert calls on new boss to fight Tax Havens
The new United Nations Secretary-General, António Guterres, is being asked by one of the body’s human rights experts to call a world conference on tax avoidance and evasion, with a view to abolish all...
View ArticleSwitzerland consults on implementing AEOI Agreements
The Swiss Federal Department of Finance (FDF) has launched a consultation aimed to introduce the automatic exchange of information (AEOI) related to tax issues with a list other countries. The...
View ArticleIs BitCoin a way to launder money or a technology challenge?
As Bitcoin breaks new barriers and faces new restrictions, its role and potential is being discussed all over the world. Is Bitcoin criminal as a way to launder money and avoid paying taxes? Is it...
View ArticleSeychelles to chair AML meeting in August 2018
Seychelles is gearing up to hold this year’s Eastern and Southern Africa Anti-Money Laundering Group meeting in August while also preparing to take up the presidency of the group, the jurisdiction’s...
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