Sentences with phrase «illegal tax evasion»

It could be that his business didn't owe any taxes, or that he did clever things to avoid having to pay taxes (legal tax avoidance), or that he did illegal things to avoid having to pay taxes (illegal tax evasion).

Danny Alexander, the chief secretary to the Treasury, used the phrase in a speech promising a crackdown, not just on illegal tax evasion, but also on the use of legal tax avoidance strategies.

Clegg made it clear that the government was not just targeting illegal tax evasion.

Not exact matches

In recent years the UK tax collector, HMRC, has come under pressure to crack down on tax evasion — which is illegal, whereas avoidance is not — and increase tax receipts.

«First and foremost, this is an opportunity for laundering illegal gains, tax evasion and even financing of terrorism, not to mention the proliferation of scams to which ordinary people can fall victim,» he said in October.

This makes Bitcoins a potentially good choice for tax evasion, money laundering and other illegal activities.

In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [physical gold coin] demand,» that interest in gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that gold has been implicated in a «conspiracy to commit money laundering,» that gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed gold,» that therefore the US attorney is broadly investigating the gold industry, that gold is «produced by exploited workers,» that «crude [gold] extraction techniques create serious and lasting environmental damage,» that gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use] gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against gold in the short article.

It was created in 1994 by billionaire commodity trader Marc Rich «who was charged with tax evasion and illegal dealings with Iran, but pardoned by Bill Clinton in 2001» as he left office.

The elder Mr. Kushner built the family's real estate business into a multibillion - dollar empire of apartments and land until he was sent to federal prison in 2005 for tax evasion, witness tampering and illegal campaign donations, many of them to Democratic candidates.

Among the first people who made into this list (as was admitted) were the judges and prosecutors of the trial over Khodorkovsky, a Russian businessman who was accused in illegal privatization, tax evasion and murdering people via his security service.

It used to be that tax evasion (not paying taxes one was legally required to pay), which was illegal, was considered wrong, but tax avoidance (not doing things that incur tax) was considered benign.

The UK government is «particularly responsible» for illegal - trade related tax evasion because nearly half the world's tax havens are UK overseas territories, development charity Christian Aid has said.

In addition to going to jail for tax evasion, in January 2014, he physically threatened NY1 Washington reporter Michael Scotto when he attempted to ask Grimm about allegations of illegal campaign fundraising.

Apple is also under fire for its elaborate tax avoidance schemes (avoidance = legal; evasion = illegal).

It's tax evasion that is illegal.

Tax evasion: this is the perfectly illegal practice of lying to the taxman or trying to hide some of your income.

Kushner is the son of a wealthy New Jersey developer who was sentenced to prison last year after pleading guilty to tax evasion, witness tampering and illegal campaign donations.

According to the FSC, the measures outlined were intended to «reduce room for cryptocurrency transactions to be exploited for illegal activities, such as crimes, money laundering and tax evasion,»

Offshore tax havens can be used in legal ways, but most of the data leaked points towards illegal structures that hide the true owners of recorded money, where it's from and facilitate the evasion of tax on national shores.

Some of the activities exposed by the press are no doubt illegal or unethical, some may raise a debate over were the line should be between tax avoidance and tax evasion, and issues around tax havens in general.

It is a familiar debate: where is the line drawn between tax avoidance (legal) and tax evasion (illegal)?

That being said, a public document released prior to the meeting noted that «the technology behind crypto assets has the potential to promote financial inclusion,» but noted that the impact on financial stability and potential uses in tax evasion and illegal activities needed to be understood first.

After these last words, China decided to ban fundraising via ICOs arguing that they were protecting Chinese people from speculation, and illegal activities like tax evasion and crime.

India's tough stance stems from similar concerns that other, more stringent regulatory regimes have cited: money laundering, illegal activity proliferation, sponsorship of terrorism, tax evasion, etc..

At the same time, however, it is important to analyze its implications for financial stability, tax evasion and illegal financial activities.

He was on CNBC's Squawk Box yesterday where he asserted that Bitcoin's best use - case has been as a monetary unit for illegal activities, particularly money laundering and tax evasion.

South Korea's Financial Services Commission has enacted a series of rules which it hopes will «reduce room for cryptocurrency transactions to be exploited for illegal activities such as crimes, money laundering, and tax evasion.»

News.Bitcoin.com recently reported that Australian authorities are set to introduce new laws that will enable the regulation and monitoring of cryptocurrency traders for tax evasion, money laundering, and other illegal activities.

These arrangements will likely consist of a cybercrime system that will closely monitor the market and help prevent money laundering, tax evasion, and illegal financing.

Cryptocurrencies can be misused as illegal money, for money laundering and for tax evasion.

The South Korean Financial Services Commission said that the new regulatory measures were intended to «reduce room for cryptocurrency transactions to be exploited for illegal activities, such as crimes, money laundering and tax evasion.»

When one of the users pointed out that fiat currencies can also be used for illegal activities such as money laundering, tax evasion, terrorist funding, and drug purchases, Gates said that the necessity of a physical presence makes illicit activities and transfers more difficult:

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Charles Kushner, Jared and Nicole's father, was convicted of illegal campaign contributions, tax evasion and witness tempering in 2005.