Sentences with phrase «tax evaders»
"Tax evaders" refers to individuals or businesses who intentionally avoid paying the taxes they owe to the government by illegal means, such as underreporting income or making false claims. They try to escape their tax obligations and the consequences that come with it. Full definition
The Obama administration has announced a set of financial regulations that would force companies to disclose more information about their owners, part of an effort billed as a crackdown on tax evaders and money launderers.
fortune.com
So if you're thinking about buying a town and becoming a financial haven for tax evaders and money launderers... sorry, state and fed laws still apply, even if you are the only voter.
Bitcoin is the currency of choice in the dark economy of tax evaders, smugglers, drug merchants and hackers - for - hire for the simple reason that it provides near - perfect anonymity.
Long story short, the IRS is more serious than ever about cracking down on cryptocurrency tax evaders, and it has three ways of getting its fair share from virtual token users.
Angela Merkel is chasing tax evaders in Liechtenstein.
The US Internal Revenue Service (IRS) has assembled a team of 10 investigators for international crime investigations as well as for finding tax evaders who use cryptocurrency, Bloomberg reports Thursday, Feb. 8.
Idle question: Do folks from that neck of the political woods believe that credible opposition to taxation can come only from tax evaders?
With the IRS and federal government cracking down on crypto tax evaders, they now have no choices but to be up front with their capital gains and losses.
The United States, another G20 member, has been attempting to pursue tax evaders by trying to get a list of high rollers from Coinbase.
When it comes to the law, the IRS's job is to investigate and prosecute tax evaders, not to enforce tax compliance — that's your job.
According to him, the action of such tax evaders amounts to wrecking nation as it denies the country the much - needed revenue to develop.
The Agency issues press releases detailing the names and offences of convicted tax evaders.
The CRA isn't interested in having people call and volunteer information about possible tax evaders.
This week, there were several reports from the CBC and others about the CRA's new fingerprinting policy and how it could create travel problems for accused tax evaders.
Earlier this year, the IRS established a taskforce of investigators to track offenders with undeclared US assets, including tax evaders who utilize cryptocurrencies to avoid making necessary contributions.
Argentina has regularly offered various amnesties and holidays as an incitment to bring tax evaders into the open.
It is highly ironic that Cuomo is offering NYS tax dollars to a company which holds $ 119B in profits off - shore, and is ranked as the second biggest corporate tax evader and which paid - $ 71m in state income taxes in 2014.
Furthermore India's tax authorities are using cryptocurrency exchanges to chase tax evaders.
HM Revenue & Customs (HMRC) has pledged to clamp down on criminal tax evaders and, as of 30 September 2017, corporate bodies which fail to prevent the facilitation of criminal tax evasion.
The IRS is working hard to identify likely tax evaders within the crypto community to bring them to justice, but at the end of the day the government mostly just wants its money.
While the IRS primarily sought this info to go after possible capital - gain tax evaders, the bigger idea here is that these transactions aren't as anonymous as you'd think.
According to Le Maire, bitcoin and other cryptocurrencies have resulted in an alarming amount use among terrorists and tax evaders alike.
What has really caused many of the problems is the awful, condescending rhetoric coming out of Ottawa, labelling small business owners as a group of cheats and greedy tax evaders trying to dodge the system by using loopholes.
The IRS has assembled a team of 10 investigators who will «build cases against tax evaders who use cryptocurrency.»
Marxists would tell us that people with money can always manipulate politics, and when we see major parties accepting money from some of the biggest tax evaders we're tempted to believe them.
FACT: The CRA encourages people to report tax evaders by calling their local tax services office.
Lately, I have only heard about tax evaders in connection with the Virgin Islands, though that mainly refers to the British Virgin Islands.
There is also great speculation as to how the IRS will track people down and whether the organization will implement blockchain technology to identify tax evaders.
Labour lawmaker Margaret Hodge, who proposed the measure, said it would help stop tax evaders and criminals from hiding their «toxic wealth.»
The reason behind this is to help counter tax evaders, fraudsters, terrorists, money launderers, drug dealers and other criminals.
They make billions, but don't want to be treated as every other business... Their tax exemption is disgusting in my eyes, profitable to tell people how to live their lives, profitable to act like god appointed them, profitable tax evaders.
Barca are huge tax evaders and in Spain bonuses have a lower tax rate than the salary.
Tax campaigners have voiced concern that government proposals designed to target tax evaders are likely to catch low - income migrants to the UK.
They found that while the claim about DWP staff numbers was broadly accurate, the claim that HMRC only had 300 staff investigating tax cheats was «just wrong» and referred to just one internal unit focusing on wealthier tax evaders.
Why isn't this Democratic Tax evader in jail and out of public office?
The film gets some fine work from Alfred Molina as Sheik Amar, the ostrich racing tax evader and Steve Toussaint as the knife wielding Seso, who owes his life to Amar.
Informants can use it to report international tax evaders, receiving finder's fees of 5 % to 15 % of tax collected if a tip brings in $ 100,000 more than the CRA could find on its own.
Other taxpayers will do the wrong things: they will enter the underground economy and become tax evaders, making it difficult for legitimate business owners to compete against those who don't pay taxes.
Even if I were a nutjob tax evader, speculation and comment about such only serves to divert attention from the question at hand.
Congress enacted the caps on financial service industry businesses» pass - through qualified business profits to deter potential tax evaders.
The CRA's new policy is part of the agency's key initiative to target tax cheats, especially offshore tax evaders, and includes $ 444 million earmarked in last year's budget to combat tax evasion over five years.
SCUDO FISCALE — L'insospettabile Stratagemma FISCAL SHIELD — TAX AMNESTY official web site A satyrical board game about exploiting an Italian law regularizing tax evaders that bring funds back from tax havens.
Currently, corrupt foreign politicians — as well as tax evaders, fraudsters and terrorists — can legally mask their identities and their assets behind anonymous U.S. shell companies in order to open secret bank accounts to stash their ill - gotten gains.
Watch: Global Witness founder reveals how tax evaders, drug cartels and arms traders use anonymous companies to hide criminal activity and keep millions of people in poverty.