International taxes

Barcelona soccer star Lionel Messi, the record five-time world player of the year, was handed a 21-month prison sentence for tax fraud by a Spanish court that he’s unlikely to have to serve.

UBS Group AG is fighting a demand that it provide information on French clients to tax authorities, days after Paris prosecutors separately recommended the bank go on trial for helping French citizens evade taxes.

U.S. taxpayers who entered into an IRS program that made it easier to disclose their hidden offshore bank accounts may have thought they put their legal troubles behind them. Instead, prosecutors may try to put some of them in jail for not telling all.

A primer on the int’l tax issues your business clients may face

The Treasury Department and the Internal Revenue Service have finalized a rule requiring U.S. parent companies of large multinational public and private companies to provide financial data to the IRS on a country-by-country basis.

Luxembourg’s criminal court handed out suspended jail terms and fines to former PricewaterhouseCoopers staffers Antoine Deltour and Raphael Halet for their role in the so-called LuxLeaks scandal.

On June 23, the UK population narrowly voted to end its 43-year membership in the European Union.

Regardless of whether you were surprised, overjoyed, dismayed or showed any other emotion (perhaps anger as you saw world markets tank), Brexit is here.

UBS Group AG has ended a legal fight with the Internal Revenue Service, agreeing to hand over records on an American client’s account in Singapore as U.S. authorities seek to move beyond Switzerland in their fight against offshore tax evasion.

A former Credit Suisse Group AG banker pleaded guilty to helping Americans evade taxes, admitting his role after spending the past five years as a fugitive.

The Internal Revenue Service is missing out on imposing approximately $21.6 million in penalties on taxpayers who are denied entry or withdraw from its Offshore Voluntary Disclosure Program, according to a new report.

German Finance Minister Wolfgang Schaeuble said a fresh proposal for a 10-nation European financial transaction tax was a “small step” forward, though doubts remain that a deal can be reached.

This may be the last time you see a reminder that the FBAR (Report of Foreign Bank and Financial Accounts) filing deadline of June 30 is fast approaching. That’s because, beginning in 2017, the annual FBAR filing will coincide with the April 15 income tax filing deadline.

Dan Loeb’s Third Point Reinsurance Ltd. said scrutiny of the industry’s offshore tax advantage has lessened after hedge fund manager John Paulson closed a venture that stood out as an “outlier” for its aggressive use of strategies that were criticized as abuses.

While Europe and global financial markets are consumed by the prospect of Brexit, business rolls on in Brussels.

Microsoft Corp. has enough cash to buy LinkedIn Corp. four times over. So why is it taking out a big loan to pay for its latest purchase?

As Ireland braces itself for a European Union order to claw back unpaid taxes from technology giant Apple Inc., government officials have warned Finance Minister Michael Noonan that he would face two crucial questions once the decision comes.

The two biggest political parties in Denmark’s parliament say the country may need to tighten punishments for bankers on the wrong side of the law as the Panama leaks continue to reveal practices that politicians say are unacceptable.

In the 2010 movie Robin Hood, a leather-clad Russell Crowe clashes with King John, whose harsh taxes displeased England’s medieval knights and barons. Now the makers of the film have accused Britain’s modern tax collectors of abusing their power by unfairly targeting its stars, including Crowe.

Lionel Messi, the record five-time world soccer player of the year, appeared in a court in Barcelona Thursday as he seeks to defend himself in a tax evasion case that has cast a spotlight on the financial dealings of elite sport stars.