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You Searched For "tax avoidance" and got 19 results


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2 mins read

Tax abuse and offshore havens are costing governments $427 billion a year, according to a new study

About $89.4 billion in US taxes were being avoided, along with $39.6 billion in the UK, according …

Kevin Shalvey   


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4 mins read

Here's The Law That's Driving Record Numbers Of Americans To Renounce Their Citizenship

Last fall, I attended an American Swiss Foundation trip to Switzerland and FATCA was the number one…

Josh Barro   


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2 mins read

Almost half a trillion dollars — first report of its kind calculates the true global cost of wealthy and corporate tax avoidance

Countries worldwide lose $427 billion per year to tax avoidance, according to a groundbreaking repo…

Dominic-Madori Davis   


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1 min read

How The Federal Government Is Leaving Over $1 Trillion On The Table Every Year

They are costly. Tax expenditures cost nearly $1.1 trillion a year in 2011. If classified as spen…

Walter Hickey   


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1 min read

Ten Galling Tax Loopholes That Cost The US Government Billions Each Year

Still, many corporations and wealthy individuals have already prepared for the big day by assiduous…

Walter Hickey   


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1 min read

German Tax Evaders Are Smuggling Money Out Of Switzerland In Their Underwear

"We had a 72-year-old man wearing a woman's corset with 150,000 euros stuffed inside," said Markus …

Linette Lopez   


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A bipartisan Senate group wants to fund an IRS crackdown on 'tax cheats' in nascent infrastructure proposal

Sen. Angus King told Insider "there's a lot of money we're leaving on the table." The IRS told Cong…

Juliana Kaplan,Joseph Zeballo…   


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Trump Org. CFO appeared to defend company car perk while being charged with tax-avoidance scheme, documents say

Weisselberg is accused of accepting luxury cars to dodge taxes on earnings, and court papers show h…

Tom Porter,Jacob Shamsian   


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2 mins read

Ultrawealthy Americans are ditching their US citizenship in droves

With tax hikes maybe on the way for America's ultrawealthy, many of them don't want to stick around…

Juliana Kaplan   


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2 mins read

The US has become a tax haven, making it hard to sanction Russian oligarchs

The US says it will crack down on Russian oligarchs, but it's also become a tax haven for people wh…

Juliana Kaplan   


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4 mins read

Joe Biden wants to tax the wealthy without creating a wealth tax, even though it's overwhelmingly popular

You may have heard Joe Biden wants to tax the wealthy. He does, but he wouldn't do it with an outri…

Juliana Kaplan   


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2 mins read

America's wealthiest earners appear to be hiding billions of dollars from the IRS, study finds

The top 0.1% fail to report almost double that by using methods such as offshore accounts and pass-…

Kate Duffy,Natasha Dailey   


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2 mins read

Biden will seek $80 billion for the IRS to claw back $780 billion in unpaid taxes from the rich, reports say

The Biden administration is planning to dramatically increase taxes for rich people and corporation…

Tom Porter   


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3 mins read

Joel Osteen's taxes: What's probably true and what isn't

Osteen is probably paying taxes. The outrage over his wealth and low taxation comes amidst a nation…

Juliana Kaplan   


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7 mins read

No, Donald Trump's tax avoidance is not normal

Even if Trump had generated no net value through his business ventures and was living off his inher…

Josh Barro   


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5 mins read

Any rich person could pay off Donald Trump

Trump's tax returns show that he has hundreds of millions in debt coming due fast, and almost no ca…

Linette Lopez   


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3 mins read

Don't believe any of the parties' claims on tax avoidance

The most modest proposal comes from the Conservative party, which claims that a future Conservative…

Tomas Hirst   


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3 mins read

Uber and Lyft could be avoiding $135 million in Canadian taxes every year by relying on contract workers, report says

The report from Canadians for Tax Fairness follows another report accusing Uber of using shell comp…

Tyler Sonnemaker   


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3 mins read

Joe Manchin gave a fresh hint on what he wants from a skinny Build Back Better: 'Just fix the tax code'

It's sometimes hard to know what, exactly, Sen. Joe Manchin wants from legislation — but it s…

Juliana Kaplan,Joseph Zeballo…