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TAX NEWS

Top lottery firms in India accused of tax evasion

Top lottery firms in India accused of tax evasion
Several of the top lottery distributors in the country have reportedly been busted for trying to evade paying taxes. The three operators—Martin Group, Sugal & Damani Group and Essel Group—have been targeted for attempting to evade paying the Goods ...

Wayne Rooney 'faces £6million bill' after controversial tax avoidance film ...

Wayne Rooney 'faces £6million bill' after controversial tax avoidance film scheme goes bust
Wayne Rooney is faced with forking out about £6million after a tax avoidance scheme he invested in has folded. The former Everton player sheltered about £12.5million with Invicta 43, which bought rights to two Hollywood films. Some of the ...

Apple pays disputed Irish tax bill

Apple pays disputed Irish tax bill
Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks.Ireland's Finance Ministry said the payment was a "significant milestone", although Dublin insists Apple was not ...

Brussels plans new money-laundering crackdown

Brussels plans new money-laundering crackdown
European Banking Authority to get powers to directly sanction banks.Brussels has redoubled efforts to combat money laundering and terrorist financing with proposals to give the European Banking Authority (EBA) a powerful new mandate to impose ...

Nearly 19,000 UK earners now on more than £1m a year

Nearly 19,000 UK earners now on more than £1m a year
The number of people in the UK earning more than £1m a year has jumped to over 18,700, with more than one in 10 of them living in Kensington and Chelsea, according to figures released by HM Revenue & Customs. The total increased by 3,700 in the latest ...

Who's behind the blog

Who's behind the blog

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