Sentences with phrase «into tax evasion»

Citing an official from the Agencia Estatal de Administración Tributaria (AEAT), the revenue service of the kingdom of Spain, El Confidencial is reporting that the authority is launching the country's biggest dragnet yet to look into tax evasion and money laundering via cryptocurrencies.

Coinbase US Users Face Tax Probe SlashGear's head editor says America's Internal Revenue Service (IRS) is «currently aiming at Coinbase» in its investigations into tax evasion.

South Korean law enforcement agencies are raiding local cryptocurrency exchanges to look into tax evasion, while the government is simultaneously considering banning the trade of virtual currencies there, reports Reuters.

The Internal Revenue Service revealed new details about its investigation into tax evasion related to bitcoin, filing court documents that suggest only a tiny percentage of virtual currency owners are reporting profits or losses in their annual returns.

According to Goal.com, the federal court of Sao Paulo, Brazil has frozen assets belonging to Neymar as a result of an ongoing investigation into tax evasion.

The Internal Revenue Service revealed new details about its investigation into tax evasion related to bitcoin, filing court documents that suggest only a tiny percentage of virtual currency owners are reporting profits or losses in their annual returns.

Not exact matches

The most obvious way migrants could use blockchain technology to securely store money while traveling would be to convert cash into digital currency, but Soros dismissed the value of cryptocurrency, making clear he believed its primary appeal was «for tax evasion» and «the rulers of dictatorships.»

A series of new tax and transparency laws came into force this year, including the new criminal offence of failing to prevent tax evasion.

The problem of tax evasion in Greece has been pointed out many times during the debt crisis: Christine Lagarde, the head of the IMF, got into hot water over the summer with her comments that she felt more sympathy with children in Africa than tax evaders in Greece.

South Korea's government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion.

At the end of the day, if mass tax evasion takes place around the world, this is going to be another big reason for regulators to dig their roots further into the cryptocurrency space.

After all, mass tax evasion with regard to cryptocurrency could threaten the sector as a whole (we'll get into that in a bit).

Tucked into an epic leak of 13.4 million financial documents that exposed the offshore tax - evasion practices of politicians, billionaires, celebrities and blue - chip companies were details about a company Bono invested in called Nude Estates, which owned a stake in a shopping mall in eastern Lithuania, a country the Grammy Award - winning artist has reportedly never visited.

Anthony Weiner was an outspoken advocate for — and opponent to — many things while he served in Congress, but he was the lead sponsor one just one bill that was signed into law — a 2010 measure aimed at reducing cigarette sales - tax evasion.

11:21 - 4) Earlier this week, the government seized on a select committee report into Starbucks and Amazon and the like to promote its new funding for HMRC tax - evasion detectives extraordinaires.

With a clear agenda and concrete proposals on a global growth deal - opening up trade, tackling tax evasion and boosting infrastructure - Britain should have been leading efforts at the G20 to reach an agreement that would transform African and low - income countries into genuine, much - needed dynamos for the largest prize: the return to global growth.

We must bring tax, tax avoidance and tax evasion decisively into the corruption debate.»

The ex-Staten Island congressman, who spent seven months behind bars for tax evasion, is asking an appeals court to turn his disbarment from the federal system into a one - year suspension instead.

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.

Michael Grimm, the ex-Staten Island congressman who spent seven months behind bars for tax evasion, is asking an appeals court to turn his disbarment from the federal system into a one - year suspension instead.

Osborne vowed that a Conservative government would target tax evasion and offshore tax havens and he warned bankers: «I believe in the free market, not a free ride... If we find the money that should be going into stronger bank balance sheets is being unreasonably diverted into bigger pay and bonuses we reserve the right to take further action and that includes using the tax system.»

Earlier this month the European parliament announced an inquiry into financial crime, tax evasion and tax avoidance, including measures to circumvent VAT on private jets facilitated by Appleby.

«We really want to put the axe into everything that touches tax evasion,» Revenue Minister Diane Lebouthillier told a news conference.

In those far off days, mitigation fell broadly into three categories: tax planning (perfectly legal and morally upright, according to the oft - quoted Lord Clyde), remains to this day an acceptable pursuit in the eyes of many; at the other end of the spectrum, tax evasion was, and remains, I am pleased to say, unlawful and is rightly punishable by heavy financial penalties and in rarer cases loss of liberty.

As evasion of foreign tax laws became a predicate offence around the same time that FATCA was introduced it is possible that Singapore FFIs may have less of an issue in this regard if they off - boarded their problematic accounts prior to the new AML law coming into effect.

They discuss Mossack Fonseca's role, shell companies and offshore bank accounts, the issue of data security, tax evasion, investigations into these clients, and the future of Mossack Fonseca.

It includes, of course, money laundering, but also fraud in its various guises: corruption, forgery, tax evasion, theft, and it spills over into financial regulatory areas involving market misconduct, such as insider dealing.

The Act, which comes into force on 30 September, will make law firms vicariously liable for criminal tax evasion by «associated persons» — including contractors, suppliers, agents or lawyers at other firms — if they do not implement reasonable procedures to prevent the facilitation of criminal tax evasion.

The corporate offence of «failing to prevent the facilitation of tax evasion» comes into force on 30 September 2017.

We advise corporate clients in relation to criminal investigations into corporate wrongdoing including: Corporate Manslaughter, Failure to Prevent Bribery (contrary to section 7 of the Bribery Act 2010), and the offence of Corporate Failure to Prevent the Facilitation of Tax Evasion (contrary to the Criminal Finances Act 2017).

The two new offences, one for failure to prevent UK tax evasion and the second for failure to prevent facilitation of foreign tax evasion, came into force on 30 September 2017.

We also need to take into account tax evasion.

The reduction of tax evasion, the emergence of greater visibility, the correct disbursement of government benefits are all advantages that nudge the common man into linking his Aadhar card.

There are also some exemptions to the restrictions — where automated processing is necessary for entering into (or performance of) a contract between an organization and the individual; or where it's authorized by law (e.g. for the purposes of detecting fraud or tax evasion); or where an individual has explicitly consented to the processing.

Given the ongoing Coinbase vs IRS lawsuit, heightened probes into cryptocurrency tax evasion and the fact that only 800 Americans reported their bitcoin gains from 2013 through 2015, there's never been more timely help for cryptocurrency users.

That move came on the heels of public reports of an investigation into possible tax evasion.

Similarly, the British government last month began mounting a crackdown on Bitcoin amid rising concerns about money laundering and tax evasion, with UK Treasury revealing it was looking into regulating cryptocurrencies.

The 45 member committee of the European Parliament will launch an investigation into money laundering and tax evasion related to the digital economy that thrives in the shadows of tax havens.

Dr. Paul might have been referring to the IRS (Internal Revenue Service) attempt to compel popular bitcoin exchange Coinbase into handing - over names of its customers in an effort to prosecute possible tax evasion.

On December 13, 2017, India's Income Tax (IT) department swooped in on at least nine bitcoin exchanges to look into alleged tax evasion before announcing its intention to impose capital gains taxes on adopteTax (IT) department swooped in on at least nine bitcoin exchanges to look into alleged tax evasion before announcing its intention to impose capital gains taxes on adoptetax evasion before announcing its intention to impose capital gains taxes on adopters.

At the time, the authority said it was looking into instances of money laundering and tax evasion.