A trove of leaked offshore investment documents, dubbed the ‘Paradise Papers’, exposes hidden banking activities of some of the world’s wealthiest people. Samantha Vadas reports. Continue reading
Apple has launched a legal challenge to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law, and deliberately picked a method to maximize the penalty. Sonia Legg reports
Panama Papers report alleges tax-free New Zealand shelf companies and trusts are being used to help channel funds around the world.
British Prime Minister Cameron says he does not have any offshore funds, after leaked Panama documents showed his father had been using a law firm to avoid tax.
UK tax payers react to a newspaper report suggesting Facebook paid just £4,327 in UK corporation tax last year.
Amid volatility in global financial markets, White House presses China to increase financial transparency and to move toward market-determined exchange rate system.