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TAX NEWS

State Duma backs idea to create tax havens in Russia for oligarchs affected by sanctions

State Duma backs idea to create tax havens in Russia for oligarchs affected by sanctions
The State Duma Committee on Budget and Taxes gave a prior approval on the bill to create offshore centers in Russia that would have a special tax regime for Russian businesspeople affected by the sanctions. The deputies are poised to take the initiative in the...

Ocado tycoon's fortune is held in a secret trust in the tax-free Bahamas with the ...

Ocado tycoon's fortune is held in a secret trust in the tax-free Bahamas with the shareholdings raising questions around transparency
Ocado boss Tim Steiner is the beneficiary of millions of company shares held in the tax-free Bahamas, it has emerged.  The 48-year-old, who co-founded the online grocer in 2000, has around £160million shares held in his own name in the ...

Country by country reports: why “automatic” is no replacement for “public”

Country by country reports: why “automatic” is no replacement for “public”
A critical battle is currently being waged in the international tax policy arena over the implementation of country by country reporting, a reporting process that deters and detects tax avoidance by multinational companies, among other things, by requiring ...

Nevis: how the world’s most secretive offshore haven refuses to clean up

Nevis: how the world’s most secretive offshore haven refuses to clean up
The years since 2008 have seen a global crackdown on offshore finance. Yet a few places have doubled down on offering secrecy to the super-rich. Among these, one tiny Caribbean island might be the worst offender. Tax havens hate attention. Places such as ...

How the Big Four are embedded in EU policy-making on tax avoidance

How the Big Four are embedded in EU policy-making on tax avoidance
We pay our taxes, so why don’t corporations? This new report shows how the Big Four are embedded in EU policy-making on tax avoidance, and concludes that it is time to kick this industry out of EU anti-tax avoidance policy.EU policy towards corporate tax ...

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Who's behind the blog

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