Posts Tagged ‘tax avoidance’

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EU finance ministers have unanimously approved new rules that require advisors to report “potentially aggressive” tax schemes, the latest step in European efforts to clamp down on cross border tax avoidance.

Although the European Commission recently said regarding its income tax system that Estonia could become a country of tax avoidance, according to the Estonian Employers’ Confederation (ETK), Estonia is a country with good tax discipline, which is usually not considered a country known for its possibilities for optimizing taxes.

Australian authorities have said the Paradise Papers helped reveal how a global industry of tax intermediaries was brazenly offering tax avoidance “packages” to wealthy individuals.

A huge new leak of financial documents has revealed how the powerful and ultra-wealthy, including the Queen’s private estate, secretly invest vast amounts of cash in offshore tax havens.

Paying salaries in gold as a tax dodge has been stopped by the first use of a rule intended to stop “morally repugnant” avoidance.

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