International taxes

The chief executive officer of Denmark’s biggest fund will step down for allegedly trying to dodge Swiss taxes while running a unit of Nordea Bank a decade ago.

Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas.

Some see the DST as a ‘revenue grab’ that’s punishing American tech companies.

LG Chairman Koo Kwang-mo would be a billionaire in most countries.

A prosecutor at a high-profile Paris trial said UBS Group AG must be “punished” by a court for helping wealthy French clients hide money from tax authorities.

French Finance Minister Bruno Le Maire’s efforts to rally his European Union colleagues around a new tax on tech giants fell short.

Finance ministers are trying to strike a balance between luring business and addressing popular discontent about companies not paying their fair share.

The U.K. just joined a growing array of countries telling Big Tech it’s time to pay up.

Alphabet, Facebook and Amazon are among the U.S.-based multinationals facing the new levy.

The bank repeatedly attacked the credibility of witnesses and insisted it had no knowledge about clients evading taxes.