The Labor Dept. estimates the gig economy at 10% of the US workforce—in reality, moonlighters make it closer to 36%.
Quartz
Personal income tax dodgers cost Federal Government billions
Neil Olesen - $8 billion in income tax lost each year, Tax Office concedes
A New York City reporter just got President Trump to pay an additional $48,834.62 in taxes.
↩︎ Poynter
Hedge funds struggle to protect their private letters now that everyone has a camera in their pocket.
↩︎ Institutional Investor
J5 via Tax Professor
I Killed the Chili Pepper on Rate My Professors
Today the Australian Taxation Office (ATO) has published
the income tax gap for individuals not in business. The gap is an estimate of
the difference between the tax the ATO collects and the amount that would have
been collected if every one of these taxpayers was fully compliant with the
law.
Personal income tax dodgers cost Federal Government billions
Exclusive by Exotic spelling Eryk Bagshaw The Sydney Morning Herald
A New York City reporter just got President Trump to pay an additional $48,834.62 in taxes.
Hedge funds struggle to protect their private letters now that everyone has a camera in their pocket.
Ex-BDO Jersey director in £2.6m fraud
A former managing director with BDO in Jersey has been jailed
for defrauding clients of £2.6m, with the court told he used the money to fund
an ‘extravagant lifestyle’ which included buying a Formula 1 racing car and
paying off debts relating to companies in which he had invested
Top bankers accused of avoiding responsibility for stopping money launderingJ5 via Tax Professor
I Killed the Chili Pepper on Rate My Professors
SMEs hit out at ‘intensive’ HMRC investigations
Half of small businesses in the UK says HMRC tax investigations
are too intensive, and a similar proportion do not believe the tax authority
imposes penalties fairly, according to analysis from specialist insurer PfP
Wall Street Journal, Thousands of Americans Will Be Denied a Passport Because of Unpaid Taxes:
Wall Street Journal, Thousands of Americans Will Be Denied a Passport Because of Unpaid Taxes:
At
least 362,000 Americans with overdue tax debts will be denied new or
renewed passports if they don’t settle these debts, the Internal Revenue
Service says.
Recently
IRS officials have provided new details on the enforcement of a law
Congress passed in late 2015. It requires the IRS and State Department
to deny passports or revoke them for taxpayers who have more than
$51,000 of overdue tax debt. Enforcement began in February.
- High streets will go on suffering until the digital economy pays more tax (9 Jul 2018)
- Ex-BDO Jersey director in £2.6m fraud (9 Jul 2018)
- Pensioners in the UK shelling out over £24bn in income tax (9 Jul 2018)
- Do benefit fraud investigators outnumber super-rich tax inspectors 8:1? (9 Jul 2018)
- Finance
Bill 2017-18 - Corporate interest restriction rules clarified
(9 Jul 2018)
- Finance Bill 2017-18: Rules on aggressive tax planning disclosure (9 Jul 2018)
- Finance Bill 2017-18 HMRC Policy paper - International Tax Enforcement disclosable arrangements (9 Jul 2018)
- Finance Bil 2017-18: Stamp Duty waived for failed banks' creditors (9 Jul 2018)
- Finance
Bill 2017-2018- HMRC Policy paper - Stamp Duty, Stamp Duty Reserve Tax
and Stamp Duty Land Tax: exemption for financial institutions in
resolution (9 Jul 2018)
- Russian lawmakers approve profit-based taxation for oil production (9 Jul 2018)
-
UK paid £27.9bn in new taxes since financial crash(9 Jul 2018)
- Brexit donor Arron Banks to move his offshore company to pay tax in UK (9 Jul 2018)
- UN
urges countries to help Africa fight money laundering, tax evasion
(9 Jul 2018)
-
After decades of following a failed economic model, we need to reshape the state(6 Jul 2018)
- Are
West End retailers right to call for an Amazon sales tax?
(6 Jul 2018)
- UK Chancellor flirts with UK 'digital tax' to level retail playing field (6 Jul 2018)
- Danske Bank's Money Laundering Tops $8 Billion, Browder Says (6 Jul 2018)
- Bribery and
Corruption: SEC Charges Credit Suisse With FCPA Violations (6
Jul 2018)
- Is Hungary the New Tax Haven for International Companies? (6 Jul 2018)
-
How French reporters used Offshore Leaks data to find new stories(6 Jul 2018)
- HMRC unit hunts for 'hidden' offshore assets of the wealthy (6 Jul 2018)
- The EU is losing its battle against money laundering (6 Jul 2018)
- Finance
Bill 2018-19 published (6 Jul 2018)
- Finance Bill 2018-19: HMRC to double offshore investigation time limits (6 Jul 2018)
- Facebook's Chris Hughes: Tax the rich to fix income inequality(5 Jul 2018)
- UKRI counts tax cost after charity status 'blunder' (5 Jul 2018)
- Art dynasty heir cleared of tax evasion – twice (5 Jul 2018)
- No rethink of pension freedoms tax despite £37m in overpayments (5 Jul 2018)
- Paradise Papers have not resulted in any UK investigations or prosecutions (5 Jul 2018)
- UK Supreme Court's judgment in Her Majesty's Revenue and Customs v Pendragon plc and others [2015] UKSC 37 said that the KPMG tax avoidance scheme was an "abuse of law". This has not been followed by any investigation, prosecution or fine (5 Jul 2018)
- Panama Papers: UK action has been 140 civil and criminal investigations into individuals, four arrests and carried out six interviews under caution, no charges or prosecutuons (5 Jul 2018)
- The UK government refuses to prevent tax dodgers from securing taxpayer funded contracts (5 Jul 2018) <>
- Luxleaks leads to no UK charges, test cases or prosecutions (5 Jul 2018) <>
- Towards real taxation of the digital giants (4 Jul 2018)
- 3 ways digitalisation is shaping the future of taxation (4 Jul 2018)
- US Probe Darkens Glencore Horizons From Africa to Americas (4 Jul 2018)
- DoJ targets Glasenberg's Glencore - see the list of the top 10 fines in the US under the Foreign Corrupt Practices Act (4 Jul 2018)
- May close to lifting fuel duty freeze to help meet NHS promises (4 Jul 2018)
- Danske Bank Money Laundering Allegations: Here's a Timeline (4 Jul 2018)
- Belgium to Probe ING Bank's Links to Oligarch Offshores (4 Jul 2018)
- THE REGULATORY COMPASS: TOWARDS A PURPOSE-DRIVEN APPROACH TO FINANCIAL REGULATION (4 Jul 2018)
- US Oil Executive Pay Increasingly Tied To Investor Returns (4 Jul 2018)
- Pay rising faster for top 1% of earners in richest countries (4 Jul 2018)
- Money laundering: Prem Sikka evidence to the the House of Commons Treasury Committee for its inquiry into economic crime (3 Jul 2018)