Latest News for: Tax shelter offshore

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We need to expose anonymous kleptocrats

The Times/The Sunday Times 29 Aug 2022
It is these enablers who create the tax-proof offshore structures, the anonymous shell companies and the opaque trusts that shelter the fortunes and identities of the ...
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Stock Market Today: Dow Jones, S&P 500 Slide; Twitter Stock Falters After Musk Attempts To ...

The Bradford Era 11 Jul 2022
Stock Market Today Mid-Morning Updates ... Notably, companies like PepsiCo (NASDAQ ... GS) ... U.S ... On top of that, the ICIJ also reports Uber’s history of allegedly directing its profits through offshore tax shelters. Following this, Uber reportedly “sought to deflect attention from its tax liabilities by helping authorities collect taxes from its drivers.”.
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B.C.'s public-sector union contracts unlikely to drive inflation, experts say

North Shore News 19 May 2022
It is no secret that B.C. is facing the expiration of a large number of public-sector union contracts this year, and negotiations are well underway for several of them ... “But so far, it has not happened.” ... “When our members get a wage increase, they don’t put it in offshore tax shelters,” Smith said ... Another major B.C ... .
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Putin Faces Sanctions, but His Assets Remain an Enigma

Yahoo Daily News 27 Feb 2022
There is also the $4.1 million apartment in Monaco, purchased through an offshore company by a woman reported to be Putin’s lover ... Last year, a new leak of files from companies specializing in offshore tax shelters, called the Pandora Papers, showed that the woman said to be Putin’s lover had acquired the apartment in Monaco.
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Volodymyr Zelensky – The Man Intent on Creating World War III

Armstrong Economics 22 Feb 2022
Poroshenko set up an offshore company in the British Virgin Islands to shelter his taxes from the sale of his company ... He denied any wrongdoing and his legal firm, Avellum, overseeing the sale of Roshen, Poroshenko’s confectionery company, said that “any allegations of tax evasion are groundless”.
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US oligarchs don't care what the majority of Americans thinks about taxing the rich -- ...

Raw Story 15 Feb 2022
She negotiated an international agreement with 136 countries to implement a global corporate minimum tax of 15 percent ... Based on the sweeping and effective resistance to commonsense solutions to reign in wealthy tax scofflaws, the answer is not encouraging ... They are able to do this because of complex accounting scams involving offshore tax shelters.
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From the Tax Law Offices of David W. Klasing - Does Biden's 2021 $1.2T Budget ...

Victoria Advocate 03 Feb 2022
If you are a taxpayer with high-value assets, deal extensively in cash, engage in complex aggressive business arrangements, employ tax shelters, utilize overseas accounts, and have offshore sources of income, or have extensive cryptocurrency holdings, you could be targeted by these increased audits and criminal tax enforcement measures.
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This tax season is shaping up as another rough one

Messenger-Inquirer 18 Jan 2022
While tax season is never exactly a barrel of laughs, for many taxpayers this year could shape up to be the filing season from hell ... This (second consecutive) difficult tax season might not only leave today’s taxpayers seething ... Let’s invest in helping the IRS identify tax shelters, offshore havens and deliberate cheats.
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Get ready for a tax season from hell

The Milton Standard Journal 17 Jan 2022
While tax season is never exactly a barrel of laughs, for many taxpayers this year could shape up to be the filing season from hell ... This (second consecutive) difficult tax season might not only leave today’s taxpayers seething ... Let’s invest in helping the IRS identify tax shelters, offshore havens and deliberate cheats.
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Let's tell the truth about Illinois' anti-boycott law

Chicago Business 06 Jan 2022
... companies that assist Iran’s pursuit of nuclear weapons, companies that contract to shelter detained migrant children, companies that seek to avoid Illinois taxes by moving their headquarters offshore, and in the past companies that did business with apartheid South Africa.
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Elon Musk says his taxes are simple and that he doesn't use offshore accounts or ...

Business Insider 23 Dec 2021
He told The Babylon Bee�he doesn't use tax-avoidance schemes, offshore accounts, or tax shelters ... Warren, who accused him of "freeloading" over taxes. Tesla and SpaceX CEO Elon Musk says he doesn't use any tax-avoidance schemes, offshore accounts, or tax shelters ... "I do not have any offshore accounts, I don't have any tax shelters.".
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Musk explains why his wealth is no ‘deep mystery’

Russia Today 23 Dec 2021
The world’s richest man, Elon Musk, says his $245 billion fortune is fully transparent and isn’t stashed away offshore to limit his tax obligations. “I don’t have any offshore accounts, no tax shelters,” Musk told conservative satire website the Babylon Bee, adding that his wealth “isn’t some deep mystery.”.
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Software Is Eating The State

Bitcoin Magazine 23 Dec 2021
If nation-state tax rates were negotiable, and if ... And since most nation states today are totally insolvent after decades of capital confiscation and misallocation, their future efforts to increase tax revenues will push citizens to shelter their capital by any means necessary.
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Musk says he has sold enough stock to unwind 10% of his stake

Business Day 22 Dec 2021
The move is part of a plan to generate cash to cover an estimated tax bill of more than $10bn on stock options Musk is due to exercise ... Warren and other leading Democrats allege billionaires such as Musk are avoiding paying taxes. . “I don’t have any offshore accounts, I don’t have any tax shelters,” Musk said.
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Looks like Elon Musk is done selling Tesla stock for now

Al Jazeera 22 Dec 2021
The move is part of a plan to generate cash to cover an estimated tax bill of more than $10 billion on stock options Musk is due to exercise ... “I don’t have any offshore accounts, I don’t have any tax shelters,” Musk said, adding that he could do his taxes himself in just a few hours.

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