The U.S. Internal Revenue Service is seeking to use an infusion of funding to keep up with the ever-evolving tax maneuvers of the ultra-rich — while staving off frequent political attacks....
A trove of leaked records reveals Russian property holdings soared “more than tenfold,” economists say.
A new report reveals how the Chinese government has used harassment, “persuasion” and kidnappings to bypass international law as part of the notorious Fox Hunt operation.
A former U.S. sales representative of Medtronic alleges the company used kickbacks and pressure tactics to make sales, despite patient injuries.
In mid-2022, the Inflation Reduction Act delivered the IRS a historic $80 billion — in part, to bulk up the agency’s divisions that audit millionaires, billionaires and large corporations. After years of pitiful enforcement rates against wealthy taxpayers, the agency is embarking on an unprecedented push to step up its...
Nei giorni successivi all’invasione dell’Ucraina da parte della Russia nel 2022, mentre i governi occidentali minacciavano imminenti sanzioni contro la cerchia ristretta del presidente Vladimir Putin, una società di servizi professionali cipriota chiamata Abacus Ltd. ha silenziosamente trasferito 5 milioni di dollari da un...
The rollout of a landmark company ownership registry officially launched by the United States Treasury Department on Jan. 1 and aimed at fighting dirty money flows in the U.S. has been met with political attacks and the spread of misinformation, amid ongoing tensions around the transparency tool....
The recent parliamentary report includes:...
PwC’s work for Russian billionaires is part of a global system of enablers who, at a time of war, have undermined Western efforts to hurt Russian oligarchs financially and to sow discontent with Putin in their ranks....
With help from PwC Cyprus, Hushang Ansary set up shell companies and oversaw a series of transactions that authorities say drained a Curacao fund holding pensions for 30,000 people.
An investigation by the International Consortium of Investigative Journalists, Paper Trail Media and 67 media partners reveals how Cyprus, at the east end of the Mediterranean nearest Turkey, Syria and Lebanon, plays an even bigger role than was commonly known in moving dirty money for Russian President Vladimir Putin’s...
Nearly 100 current and former workers interviewed by ICIJ reported being subjected to practices that are widely considered indicators of labor trafficking....
Europe’s top finance regulators have warned that a proposal to grant a trio of microstates more access to the European Union’s single market presents a “fundamental risk” to the bloc’s financial integrity....
The new minister, Abubakar Atiku Bagudu, whose offshore dealings were detailed in the Pandora Papers, is a former ally of Nigerian dictator and notorious looter Sani Abacha.
Cross-posted from: beehaw.org/post/12949945...
An investigation examining hundreds of leaked IRS forms offers a glimpse into the often-hidden challenges the U.S. tax agency faces in tackling the favorite new global investment vehicles of the ultrawealthy. That review and interviews with more than a dozen former tax officials show an agency struggling with not only a shortage...
Cross-posted from: feddit.de/post/9137257...
The head of the Cyprus Bar Association has also reportedly promised to publicly punish any lawyers found to be breaking the rules, after an investigation exposed how some of the country’s law firms may have helped sanctioned Russians continue to do business. The association’s chairman Michael Vorkas said Cyprus’ legal...
Sudanese businessman Abdelbasit Hamza — whose company holdings feature in Cyprus Confidential documents — has been accused of being “a central figure in Hamas’ investment portfolio.”...
Two of Russian billionaire Roman Abramovich’s children held Lithuanian passports when they were given control of some of his fortune, potentially shielding it from sanctions, an investigation reveals.
Documenti trapelati mostrano che la persona più ricca dell’Ucraina era dietro a movimenti offshore per l’acquisto di un attico di lusso a Londra, sollevando domande sul perché non sia elencato nel nuovo registro del Regno Unito destinato a smascherare gli oligarchi e altri che possiedono proprietà attraverso società di...
