Tag: tax evasion

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

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

  

  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

  

  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

  

  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

  

  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.