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SoftBank fund invests $100 million in compliance software firm

SoftBank fund invests $100 million in compliance software firm
NEW YORK – SoftBank Group Corp.’s Vision Fund 2 is investing $100 million in compliance and employee-monitoring software company Behavox, according to sources familiar with the matter. The investment, which is in the form of preferred shares, values ...

EU to take action on tax evasion by individuals

EU to take action on tax evasion by individuals
The European Commission has launched its first ever EU-wide campaign to tackle the black economy which is distorting competition between businesses and leads to large gaps in public finances, particularly in southern Europe.The campaign comes after a recent ...

The World Bank has a tax havens problem

The World Bank has a tax havens problem
The controversial departure of its chief economist highlights the need for a coherent policy on tax and development. Last month, word got out that the World Bank’s Chief Economist Pinelopi Koujianou Goldberg was planning to leave her position after ...

eBay rejects UK plan for digital services tax

eBay rejects UK plan for digital services tax
Global online marketplace eBay is calling for an international approach to digital taxation rather than countries adopting unilateral policies like the UK digital services tax. eBay is one of around 30 multinationals caught by the new digital services tax ...

Government accused of aiding tax avoidance with post-Brexit freeports plan

Government accused of aiding tax avoidance with post-Brexit freeports plan
Labour has accused the government of reviving a Thatcherite plan to introduce new freeports in the country, which they say will aid tax avoidance. The government says the ports, where UK taxes and tariffs will not apply, will create thousands of ...

Who's behind the blog

Who's behind the blog