International taxes

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

A prosecutor in a high-profile French tax case questioned why UBS Group AG systematically destroyed handwritten notebooks detailing the movement of French clients’ funds to surrounding lower-tax countries.

Banco Santander SA became the latest addition to a long list of banks targeted by German prosecutors over controversial tax-driven transactions known as “Cum-Ex” that may have cost the German state about 10 billion euros ($11.5 billion).

U.S. corporations have largely abandoned the contentious deals that allowed them to shift their addresses abroad for a lower tax rate. Yet a key part of the transactions is continuing quietly even after President Donald Trump’s tax overhaul.

A former Julius Baer banker who leaked documents from a Cayman Islands subsidiary was cleared of breaking Swiss banking secrecy by Switzerland’s top court, creating possible problems for how the Alpine nation’s banks manage their foreign units.

Ordinary families might stash spare cash under a mattress or in a safety deposit box. South Korea’s Lee family are so rich they spent years leaving billions of dollars under the names of their employees.

When entering a new market, there’s always the need for local knowledge.

China ordered one of its top actresses and her associated companies to pay about 884 million yuan ($129 million) in taxes and fines, capping a months-long tax evasion probe that shook the nation’s blossoming entertainment industry.

If you want to see what's coming in tax, look to Europe and South America -- Avalara's Richard Asquith offers a tour of the growing integration between businesses and tax authorities.

The institute made a number of proposals for guidance around transition tax reporting.

Bringing money back may be harder than the drafters of the TCJA expected.

U.S. companies anxiously awaiting guidance on how hard they’ll be hit by a new foreign levy in the tax overhaul will have to stay tuned for at least another two months.

The Internal Revenue Service proposed regulations Thursday that would soften the blow of a new levy targeting companies that book income in low-tax countries.

Washington on the Bezos; the IRS and the collection statute of limitations; biz deductions and SALT; and other highlights from our favorite tax bloggers.

The world is spoiling for a fight over American tax practices.

Amazon.com Inc. and Starbucks Corp. were picked out by Britain’s top competition cop in a warning over tax arrangements that may help big companies thwart smaller rivals.

Business executives who are also CPAs are increasingly concerned about trade conflicts and rising interest rates, according to a new survey by the American Institute of CPAs.

56,000 taxpayers have used the Overseas Voluntary Disclosure Program since 2009.

French President Emmanuel Macron said he wanted “precise answers” before deciding whether to introduce pay-as-you-earn income tax withholding as planned next January.

U.S. businesses face great risk in expansion to APAC without securing local knowledge and expertise to help comply with the region’s complex tax and compliance regulatory framework.