Germany is cracking down on online tax evasion on platforms like eBay and Amazon after losing millions of VAT (value-added tax) revenue. To patch the loophole, the government has drafted a bill against such activities and passed it into law. The new German law on VAT to crack down on tax evasion The convenience brought ...
Fan Bingbing — China’s most famous actress — disappeared in July without a trace. What ensued was probably one of the biggest dramas Fan Bingbing has played in. Her social media fell silent and multiple theories about her disappearance emerged. Re-appearing 3 months later, she was fined around 880 million RMB (US$127 million), and delivered ...
Just recently, another episode of leaked documents, coined the Paradise Papers, has emerged. The song being sung bears a familiar tune: Some very wealthy and influential individuals, also known as “one-percenters,” are using profound methods to evade taxes. According to a report by the International Consortium of Investigative Journalists (ICIJ), the newly leaked documents show ...
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