Photo by Jonathan Meyer on Pexels.com The U.S. International Trade Commission revoked hefty U.S. anti-dumping and anti-subsidy duties on ammonium nitrate fertilizers from Russia and Trinidad and Tobago on Monday, voting to find that U.S. domestic producers are not injured by these imports. The decision could help ease shortages and price increases for fertilizers brought … Continue reading US Trade Panel clears tariffs on fertilizers from Russia, Trinidad, Tobago
Tax evasion may be America’s biggest game of hide-and-seek, especially when it comes to people who park their money in offshore tax havens. In 2010, President Obama signed one of the toughest laws ever on the issue. The Foreign Account Tax Compliance Act, or FATCA, required all foreign financial institutions to automatically provide the Internal … Continue reading New tax policy, a hard nut for tax evaders in the US
In a bid to reduce its foreign tax bill, the world's largest search engine giant Google is revealed to have moved billions to a tax haven in 2017. Documents filed at the Dutch Chamber of Commerce have revealed that the Alphabet-owned company moved $22.7 billion through a Dutch shell company to Bermuda during the … Continue reading Google Inc. accused of tax evasion and money laundering in 2017
Lionel Messi has been sentenced to 21 months in prison and fined a total of 2 million euros ($2.2 million) after he was found guilty of three counts of tax fraud, a Spanish court is quoted as saying on Wednesday. The court also handed Jorge Messi [the player's father] same jail sentence and fined him … Continue reading Messi Sentenced To 21 Months In Prison.
The Brazilian administrative court has found Barcelona forward Neymar da Silva Santos Júnior guilty of tax evasion. The dreaded Barca forward has been charged for his failure to report all earnings from his numerous lucrative contract engagements. Neymar, the Brazilian was discovered as a footballer with great skills and amazing talents while he played for Santos FC. … Continue reading Confirmed – Neymar To Pay Millions For Tax Evasion.