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TAX NEWS

Subpoenas issued for six years of Donald Trump tax returns

Subpoenas issued for six years of Donald Trump tax returns
The chairman of a US Congressional committee has issued subpoenas for President Donald Trump's tax returns. Richard Neal said in a statement he did not "take this step lightly", but believed it gave the committee "the best opportunity" to get the documents. ...

Trump: Billion dollar losses were 'for tax purposes'

Trump: Billion dollar losses were 'for tax purposes'
President Trump has said the losses his business made in the eighties and nineties were "for tax purposes".He was tweeting in reply to a New York Times (NYT) article claiming that from 1985-95 he made losses of over $1bn. The newspaper said that Mr ...

Tax-dodging puppy farmers targeted in HMRC operation

Tax-dodging puppy farmers targeted in HMRC operation
More than £5m in unpaid tax has been recovered from hundreds of dog breeders and traders selling puppies on the black market. HM Revenue and Customs (HMRC) launched an investigation in 2015 after animal welfare groups expressed concerns puppies were being ...

Tobacco firm BAT ‘costs developing countries $700m in tax’

Tobacco firm BAT ‘costs developing countries $700m in tax’
Campaigners say company uses ‘financial manoeuvring’ to shift profits to tax havensBritish American Tobacco has been accused of depriving developing countries of hundreds of millions of dollars in tax by using “financial manoeuvring” to shift profits to a...

New Offshore Tax Avoidance Warning As Data Sharing Starts

New Offshore Tax Avoidance Warning As Data Sharing Starts
The net is closing on expats and taxpayers with offshore accounts and investments who have not declared their interests to the tax man. Financial advisers who has referred a client to an overseas financial institution or to pointed them towards offshore ...

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Who's behind the blog

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