All posts tagged tax evaders

hmrc_most-wanted

Her Majesty’s Revenue & Customs Has Created “HMRC Most Wanted” Flickr

Tax evasion cost the United States more than USD $3.09 trillion in the last decade. Across the Atlantic UK government officials have become quite creative to prevent such loses. Her Majesty’s Revenue and Customs (HMRC) is responsible for collecting taxes […]

Bitcoin

4 Reasons the IRS Hasn’t Made a Decision about Bitcoin

Colleen Ahern Governments all over the world are struggling to determine how to treat Bitcoin in their tax systems. Norway and Germany have chosen not to treat Bitcoin as a currency, but instead to regard it as an asset upon […]

UBS

Beanie Baby Tycoon Fined Millions for Tax Evasion

Ty Warner was given two years of probation and 500 hours of community service for hiding his assets in a Swiss bank account. The creator of Beanie Babies toys, Warner avoided paying an estimated $5.6 million in taxes over the […]

Members of Swiss unions demonstrate in front of the headquarters of of Swiss banks UBS and Credit Suisse at the Paradeplatz square in Zurich

Swiss Banks to U.S. Tax Evaders: Your Money & Secrets Are No Longer Safe with Us

The oldest bank in Switzerland, Wegelin & Co, has remained steadfast throughout history. First surviving Napoleon’s invasion followed by World War I and II. Seemingly, this ancient banking system has withstood the test of time and might and muster of […]