Samsung to create new office for group affairs
(AP) -- Samsung will create a new organization to coordinate the group's sprawling businesses after a previous one was closed in 2008 amid a corruption scandal that rocked the massive conglomerate.
View ArticleShame and honor increase cooperation
Honour and shame work equally well in encouraging social cooperation, according to a new study by researchers at the University of British Columbia and the Germany's Max Planck Institute for...
View ArticleLawyer blasts tax authorities in Ai Weiwei case
(AP) -- A company lawyer for dissident artist Ai Weiwei said Monday that Chinese tax authorities are hindering efforts to pay a financial guarantee enabling the company to fight a huge tax bill that he...
View ArticleJRC shortlists denaturants to combat alcohol fraud
Scientists at the European Commission's Joint Research Centre (JRC) have identified a shortlist of denaturants that could be used to harmonise denaturing practices at EU level and reduce fraud and tax...
View ArticleBig jolt to state economy with new tax on cigarettes
A new UCSF analysis has found that a state ballot initiative to increase the cigarette tax would create about 12,000 jobs and nearly $2 billion in new economic activity in California.
View ArticleGermany, UK propose e-commerce tax effort
Germany and the United Kingdom on Monday urged the world's biggest economies to form a common front against tax evasion related to internet commerce and other revenue-shifting schemes, and said they...
View ArticleGoogle, Amazon and Starbucks face questions on tax (Update)
(AP)—British lawmakers on Monday accused major multinational companies of aggressive tax avoidance, amid calls by the U.K. government for a global crackdown on firms that seek to evade taxes.
View ArticleData on financial crime is not credible
The Government and police efforts to tackle financial crime – from business fraud to tax evasion – are hampered by a lack of accurate data about the nature and extent of offending, according to new...
View ArticleTax evasion in Greece: Billions earned by high-income professionals go untaxed
Wide-scale tax evasion in Greece accounts for 28 billion Euros in unreported taxable income –just among the self-employed, according to a new study, "Tax Evasion Across Industries: Soft Credit Evidence...
View ArticleGoogle boss says company is doing 'right thing' on tax
Google boss Eric Schmidt insisted Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for countries not companies to...
View ArticleAlbania to stop online gambling abroad
Albania will close access to all Internet betting sites abroad in an effort to stop the outflow of money from one of the poorest countries in Europe.
View ArticleComputer system simulates the behavior of tax evaders
Universitat Autonoma de Barcelona researchers have developed a computer model which, in different situations, simulates the behavior of taxpayers when faced with the possibility of committing tax...
View ArticleHow widespread is tax evasion?
Tax evasion is widely assumed to be an eternal problem for governments—but how widespread is it? For the first time, a new study, co-authored by an MIT professor, has put a cost on a particular kind of...
View ArticleTwitter executives meet Turkish officials amid free speech row
Twitter executives met Turkish government officials for talks Monday amid accusations of tax evasion by Prime Minister Recep Tayyip Erdogan and a row over content on the social media site.
View ArticleTwitter rules out Turkey office amid tax row
Social networking company Twitter on Wednesday rejected demands from the Turkish government to open an office there, following accusations of tax evasion and a two-week ban on the service.
View ArticleCourt orders retraction of back taxes on IBM Japan
A Tokyo court ordered authorities Friday to retract back taxes they had imposed on IBM's Japan unit for its alleged failure to declare some $4 billion in income.
View ArticleChasing hidden cash flows
In global trade, cash flows are hidden to ensure maximum profits. Many developing countries end up as losers in the fight over revenues.
View ArticleLaws may be ineffective if they don't reflect social norms, scholar says
Social norms, those unwritten rules of acceptable behavior, can change over time, such as Americans' attitudes toward gay marriage and marijuana legalization.
View ArticleThwarting cheaters with 'smart' tax returns
Research by the University of Michigan examines whether changes to the income tax return could help cut evasion, which costs federal, state and local governments more than $400 billion a year.
View ArticleTax evasion impacts country credit ratings and lending costs, says new study
High levels of tax evasion are linked to higher interest rates and can be a predictor of a country's credit risk, according to a new study led by the University of East Anglia (UEA).
View ArticleEconomist argues for elimination of big bills from currency
In his latest book, "The Curse of Cash," Ken Rogoff, the Thomas D. Cabot Professor of Public Policy, argues that the elimination of big bills could help stem crime and even aid countries trying to...
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