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TAX NEWS

New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware

New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware
By Miles Weiss              Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware. Since late 2017, hedge fund managers have created numerous shell companies in the ...

EU tax treats could mean windfall for relocating bankers, study finds

EU tax treats could mean windfall for relocating bankers, study finds
By Lucy Burton, Financial services editor City bankers relocating to continental Europe post-Brexit could end up wealthier than those earning the same amount in Britain thanks to certain tax sweeteners, new analysis shows. As many as ...

HMRC collects extra £819m from payroll investigations

HMRC collects extra £819m from payroll investigations
By Jessica Fino                                         HMRC has raised £819m in additional tax from its payroll investigations in the last financial ...

IRS Cops Are Scouring Crypto Accounts to Build Tax Evasion Cases

IRS Cops Are Scouring Crypto Accounts to Build Tax Evasion Cases
The U.S. Internal Revenue Service, fresh off its success in uncovering U.S. assets hidden in Swiss banks, has assigned elite criminal agents to investigate whether Bitcoin and other cryptocurrencies are being used to cheat the taxman. A new team of 10 ...

Trump Vows `Reciprocal Tax’ on Imports From High-Tariff Countries

Trump Vows `Reciprocal Tax’ on Imports From High-Tariff Countries
By Jennifer Epstein             President Donald Trump promised a tax on imports, reviving an idea he floated earlier in his administration that risks escalating tensions with key U.S. trade partners. “We’re going to be ...

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