MercoPress, en Español

Montevideo, November 14th 2018 - 00:54 UTC

Tag: tax evasion

  • Saturday, June 16th 2018 - 10:09 UTC

    Despite a last minute Spanish fiscal surprise, Ronaldo scored a hat trick

    The Real Madrid and Portugal footballer, 33, was accused last year of defrauding tax authorities of €14.8m, charges he denies.

    Footballer Cristiano Ronaldo has reportedly agreed to accept a €18.8m fine and a suspended jail term to settle tax evasion charges. The Real Madrid and Portugal footballer, 33, was accused last year of defrauding tax authorities of €14.8m, charges he denies.

  • Saturday, May 26th 2018 - 08:46 UTC

    Countdown for Rajoy's government: call for fresh elections

    Rajoy called the opposition’s move “opportunist”, and said the no-confidence vote “goes against the stability in Spain and damages the economic recovery”

    Spanish opposition parties have launched a fierce campaign to end the conservative government of Mariano Rajoy after courts ruled that his Partido Popular profited from a large kickbacks-for-contracts scheme. The Socialist opposition announced a vote of no confidence against the prime minister with the backing of anti-establishment and left-wing parties, while the pro-business Ciudadanos (Citizens) – which had supported the conservative minority government until now – urged Mr Rajoy to call a fresh election.

  • Tuesday, April 12th 2016 - 09:00 UTC

    Don’t Blame Panama. Tax Evasion Is a Global Problem.

    View of Panama City financial district: Panama does not deserve to be singled out on an issue that plagues many countries

    By Juan Carlos Varela (*) - The following was published by The New York Times in The Opinion Pages. DESPITE their name, the Panama Papers are not mainly about Panama. They are not even primarily concerned with Panamanian companies. The more than 11 million documents, illegally hacked and released last week relating to previously undisclosed “offshore” corporations, is roiling the world with revelations of the vulnerability for rampant abuse of legal financial structures by the wealthy.

  • Tuesday, March 1st 2016 - 07:27 UTC

    Gibraltar replies to Spanish MEP 'misinformation' at European Parliament

    Spanish MEP Jauregui Atondo, tabled a question before the European Parliament in which he said that Gibraltar ‘facilitates tax evasion and financial crime’.

    Gibraltar Deputy Chief Minister, Dr Joseph Garcia, has written to the European Commission in order to set the record straight following ‘misinformation’ about Gibraltar propagated by a Spanish MEP. This comes after the Spanish MEP, Ramon Jauregui Atondo, tabled a question before the European Parliament in which he said that Gibraltar ‘facilitates tax evasion and financial crime’.

  • Friday, November 7th 2014 - 22:51 UTC

    Argentina targets yet another US company on alleged tax fraud

    Allegedly GE carried out illegal operations that cost Argentina an unnecessarily large number of dollar reserves and a reduced taxation income

    US corporation firm General Electric has “over-invoiced” imports in a financial maneuver designed to access additional dollars in the official foreign exchange market, claimed Argentine Cabinet Chief Jorge Capitanich. GE thus becomes the second large US company in less than a week to face accusations of financial trickery in order to obtain economic benefits.

  • Thursday, October 30th 2014 - 21:49 UTC

    Fifty one countries sign 'milestone' accord against tax evasion

    The accord will end banking secrecy as it has been known for decades, the finance minister, Germany's Finance minister Wolfgang Schäuble

    Fifty one nations on Wednesday signed what was hailed as a milestone in the fight against tax evasion, an agreement that commits them all to automatic exchange of tax information starting in 2017. The accord capped a two-day meeting of officials from most of the 123 nations that have joined the Global Forum, which evolved from an agreement by Germany and Britain two years ago to crack down on tax evasion and tax fraud.

  • Saturday, October 19th 2013 - 15:36 UTC

    Italy tax collectors formally notified Maradona of his debt: 39 million Euro

    Maradona is still considered an idol in Napoli which he helped win two top league titles

    Italy’s tax collection agency says it has formally notified Diego Maradona that it will begin procedures to freeze his assets in Italy to pay off his tax debt of 39 million Euros or 53 million dollars.

  • Friday, September 27th 2013 - 22:12 UTC

    EC concludes fact-finding mission in Gibraltar/Spain border; tax fraud was not in agenda

    The Spanish government of President Rajoy repeatedly insists that Gibraltar is a ‘tax haven’

    European Commission said that it had received no “official, specific” complaint alleging tax fraud in Gibraltar, despite Spain’s repeated accusations against the Rock. Commission spokesman Olivier Bailly made the clear statement as he reminded reporters that allegations of tax evasion had not formed part of Wednesday’s fact-finding mission to the border.

  • Monday, July 22nd 2013 - 06:14 UTC

    G20 agrees to fight against international tax evasion by multinational companies

    Among companies named are Google, Apple, Amazon and Sawbucks

    The G20 group of countries has officially supported plans to fight against international tax evasion by multinational companies. In a statement, the G20 countries agreed to exchange tax information and support the Organization for Economic Cooperation and Development (OECD) in its plans to prevent multinational companies from avoiding tax by moving their profits across borders.

  • Friday, June 14th 2013 - 10:57 UTC

    EU wants to extend the tax-evasion network to financial income by non residents

    Taxation Commissioner Algirdas Semeta: ”member states will be better equipped to assess and collect the taxes they are due”

    The European Commission is seeking to up the fight against tax evasion within the European Union. The Commission wants governments to automatically exchange information on a wide range of financial income earned in their countries by non-residents.