Fraud

New U.S. Tax Rules Are a Gift to Europe

U.S. legislators have effectively established an optimal corporate tax range for the EU -- something France and Germany have long tried and failed to do.<p>The effects of the Trump administration corporate tax reform on U.S. multinationals that were, as of the end of last year, holding some $1.4 …

Opinion

Government accused of 'witch-hunt' after almost 90% of benefit fraud tip-offs are closed due to lack of evidence

The government has been accused of a "witch hunt" after it emerged almost 90% of benefit fraud tip-offs go no further due to having little or no …

Due

Tory MP promoted last week tried to claim a £50 charity donation on expenses

A Tory MP who was promoted to minister for Africa last week attempted to claim a £50 donation to charity on her parliamentary expenses.<p>Harriett …

Theresa May

Ulta Beauty is among the retailers poised to benefit from tax cuts, Wells Fargo analyst says

Amid widespread store closures in the retail sphere, some companies have reason to be optimistic.<p>For one, fundamentals in the sector are improving, …

Wells Fargo

Rio Tinto and two former executives have argued for dismissal of US fraud charges

Rio Tinto and two of its former executives have sought dismissal of fraud charges that claim they were too slow to impair Mozambique coal assets in …

Rio Tinto

EU recommends removing Panama and 7 others from tax haven blacklist

European officials have recommended that eight countries, including Panama and Tunisia be moved from the EU’s tax haven blacklist to its grey list, …

OECD

Fraud investigation dropped against Manchester rabbi who heads investment firm

(JTA) — London police have dropped a fraud investigation against a rabbi in Manchester who heads an investment firm, the rabbi’s attorney said.<p>Benji …

Jewish Culture

Carillion casualty: landscaper owed £1m that could go bust

Flora-tec is one of thousands of small firms at risk. It has already axed 10 of its 90 staff, but MD says it will go under if not paid<p>Cambridge-based landscaping company Flora-tec is one of thousands of small suppliers that have been hit by the collapse of Carillion.<p>Its managing director, Andy …

Help Identify This Alleged Lower Merion Credit Card Fraudster

Lower Merion Township Police said the man pictured here used a resident's stolen credit card while trying to buy an iPad at Target recently.<p>LOWER …

Identity Theft

Watchdog weeds out online charity scams

China's top charity watchdog has pledged credit stains for charities that breach rules concerning online fundraising and warned against turning the …

News (China)

Former Ataris Bassist Facing Decades In Prison For Telemarketing Scam

The Ataris are a successful pop-punk band best known outside those circles for their Don Henley-despised cover of “The Boys Of Summer.” The band has …

The incredibly believable trick fraudsters are using to get your Natwest bank details

Fraudsters are using fake texts from banks to “harvest” unsuspecting victims’ personal banking details.<p>Anti-fraud organisation Action Fraud have …

News (Wales)

OnePlus to conduct 'complete security audit' after credit card fraud reports

<b>After a number of its customers flooded the internet to complain that their credit card information was stolen after making a purchase on OnePlus’</b> …

Gear & Gadgets

Ross Barkley transfer: 'No fraud' in Everton to Chelsea move

<b>An investigation into the Liverpool mayor's claims that there may have been fraud involved in Ross Barkley's transfer from Everton to Chelsea has found no evidence of criminal activity.</b><p>Joe Anderson, a lifelong Everton fan, wrote to the Football Association (FA) and Premier League after the …

English Premier League

Oregon City couple pleads guilty to tax evasion

An Oregon City couple accused of shielding more than $3.8 million in income pleaded guilty to tax evasion in federal court Tuesday.<p>Karl Brady and …

Corruption

Paradise Papers revealed 'commoditisation' of tax avoidance

Australian Tax Office says investigation of data leak has identified 731 individuals and 344 corporate entities so far<p>The Paradise Papers have helped to reveal a global industry of tax avoidance packages that are offered to wealthy individuals much like holiday packages, the Australian tax …

ICIJ

'Staggering' trade in fake degrees revealed

<b>Thousands of UK nationals have bought fake degrees from a multi-million pound "diploma mill" in Pakistan, a BBC Radio 4's File on Four programme investigation has found.</b><p>Buyers include NHS consultants, nurses and a large defence contractor.<p>One British buyer spent almost £500,000 on bogus …

Exxon finds oil, gas in Papua New Guinea

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Stock Markets

More than 12,000 Canadians call on finance minister to raise corporate taxes, close loopholes

More than 12,000 Canadians have signed an online petition calling on Finance Minister Bill Morneau to ensure Canada’s biggest corporations pay their …

Canada

Mortgage fraud gang - including brother of feared criminal MSK - ordered to repay £13 MILLION

Three men - including the brother of a feared Birmingham criminal - have been ordered to pay back £13 MILLION after a huge mortgage fraud or face …

Birmingham, UK

Kentucky businessman convicted in pipeline scheme

A Kentucky businessman has been convicted of defrauding people who invested in a natural-gas pipeline in Tennessee.<p>Media reports say Clay Shelton was …

Business

Ex-Credit Suisse Banker Says His Fraud Brought Health Concerns

A former Credit Suisse Group AG banker, accused of taking millions from rich clients’ accounts to cover trading losses, told the court on a long …

Finance

Australian accused of US insurance fraud

An Australian man faces 20 years' jail in the US for allegedly pocketing more than $US360,000 ($A504,000) in a mobile phone insurance fraud scheme.

Insurance

Impact of final Tax Reform Legislation on the Historic Tax Credit, New Markets Tax Credit, Low-Income Housing Tax Credit and Renewable Energy Tax Credits

On Dec. 22, 2017, President Donald Trump signed into law “An Act to provide for reconciliation pursuant to titles II and V of the concurrent …

Law

Want a fairer, more transparent tax system? Public pressure is vital, warns EU tax commisioner

Published on<p>January 15, 2018<p>Reading time<p>11 minutes<p>Reporting by<p><i>A veteran French politician of the centre left, Pierre Moscovici served as the</i> …

ICIJ

Will the Average American Ever Take This $6,058 Tax Deduction Again?

Some fear the impacts of tax reform on this key tax break.<p>Tax reform changed a lot of things about the tax laws. Most of the attention on reform …

Retirement

Big pharma is getting ready to spend tax reform dollars on big deals

© Evan Vucci/AP, Trump holds an example of what a new tax form may look like during a meeting on tax policy with Republican lawmakers in</b> …

Stock Markets

Brexit talks latest: EU to target UK tax haven territories as trade negotiations begin

Demands to open up Britain’s shady network of overseas tax havens are set to be used by the EU as leverage to force concessions during Brexit trade …

Brexit

Trump’s tax reforms won’t bring back offshore money – he is just creating another tax haven in the US

When Hillary Clinton accused Donald Trump of being a serial tax dodger for decades, he replied without hesitation: "That makes me smart".<p>The …

Cayman Islands

Theresa May cannot complain if the EU holds her to her words on tax transparency

A week after she became Prime Minister, Theresa May responded to the furore over Sir Philip Green, the former owner of BHS, using offshore companies …

Brexit