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In response to analysis of data leaked as part of the Panama Papers, Australia's Serious Financial Crime Taskforce has carried out a "week of action" against those suspected of tax evasion. Read Full Story
Search engine company Yahoo! announced on January 27, 2015, that it had agreed a plan for a tax-free spin-off of the company's remaining holdings in Alibaba Group. Read Full Story
Managing Directors working at German limited liability companies, but not formally appointed as such, are required under law to take on general fiduciary responsibilities for the firms they work for. Read Full Story
In an interview with the BBC, Google executive chairman Eric Schmidt has defended the company against criticisms that it pays too little tax in the UK. Read Full Story
The Bermuda Monetary Authority has announced that it has increased the threshold above which beneficial owners of stakes in companies or partnerships, or companies that are subject to exchange control requirements, must disclose personal information to the Authority, to 10% from 5%. Read Full Story
British Prime Minister David Cameron has questioned the distinction between illegal tax evasion and "aggressive" tax avoidance, promising "a real debate" on transparency and fairness while the UK chairs the G8 during 2013. Read Full Story
In response to questioning by members of the House of Commons Public Accounts Committee, UK Tax Heads from the "Big Four" accountancy firms denied that they help companies to avoid paying their fair share of tax and rejected the suggestion that they should be excluded from receiving contracts in the public sector. Read Full Story
A new study from the US Congressional Research Service shows that over the past decade, US multinationals have declared greater shares of their profits in low-tax jurisdictions. Read Full Story
Sir Martin Sorell, the chief executive of global advertising and marketing firm WPP, has waded into the row over how much multinational corporations pay in tax to the UK Exchequer, saying that these amounts are often "a question of judgment." Read Full Story
Legislation introduced by the Australian government will establish a nationally consistent approach to the imposition of personal criminal liability on directors for corporate fault. Read Full Story
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