WASHINGTON — The Internal Revenue Service on Thursday unveiled an $80 billion plan to transform itself into a “digital first” tax collector focused on customer service and cracking down on […]
tax evasion
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Back to news homeProsecutors Raid France’s Biggest Banks in Tax Fraud Sweep
The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes. Read More
Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible
After more than a year of trying — and failing — to pack much of President Biden’s domestic agenda into a single tax-and-spend bill, Democrats appear to have finally found […]
Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.
The drug company Perrigo had a problem.Consultants at the giant advisory firm EY had devised an elaborate arrangement that would allow Perrigo, one of the country’s leading makers of nonprescription […]
UK’s ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraud
Money laundering has been a hot topic of late in the UK, which is facing pressure to not just make tighter rules to track down the origins of money that’s […]
Data Leak Exposes How a Swiss Bank Served Strongmen and Spies
The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and clues into how they accumulated […]
Vast Leak Exposes How Credit Suisse Served Strongmen and Spies
The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and clues into how they accumulated […]
Hedge Fund’s Insiders Agree to Pay as Much as $7 Billion to I.R.S.
A yearslong dispute between a pioneering hedge fund and the Internal Revenue Service ended Thursday with an enormous bill for taxes and penalties: as much as $7 billion.James Simons, a […]
John McAfee Dies in Spanish Prison
By 2015, he was back in the United States and, after an arrest in Tennessee on gun and drunken-driving charges, ran for president as a Libertarian, with his campaign video […]
How Private Equity Firms Avoid Taxes
There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]