What's the best way to get tax cheaters to pay up?

Oct 20, 2021
Democrats are revising the threshold for monitoring bank deposits and withdrawals. But would a strained IRS be up to the task?
Democrats are scaling back their proposal to expand IRS crackdowns in an effort to target wealthier tax evaders.
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Top 1% of earners don't pay taxes on one-fifth of income, study finds

Mar 23, 2021
Many pass their income through partnerships and corporations. Others park money offshore.
A big part of the issue, the report found, is that the IRS uses random audits to weed out cheaters.
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Italy launches app with incentives to get consumers to go cashless

Jan 18, 2021
In its battle against tax evasion, the government wants more Italians to change their payment method.
The Italian government is discouraging the use of cash and encouraging purchases by credit card to help it collect taxes.
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Actress Fan Bingbing's disappearance is tied to tax fraud and a slowing Chinese economy

Apr 10, 2019
It was a scandal last year when one of the world's biggest movie stars vanished from the public eye for months.
Chinese actress Fan Bingbing arrives on for the screening of “L'Amant Double” at the Cannes Film Festival in southern France in 2017.

German police search Deutsche Bank offices in tax haven case

Nov 29, 2018
The Frankfurt raid stems from findings in the so-called Panama Papers revealed in 2015.
 Police officers walk to the corporate headquarters of Deutsche Bank on November 29, 2018 in Frankfurt, Germany.
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Ex-Trump campaign chairman Paul Manafort guilty of 8 charges

Aug 21, 2018
Following four days of jury deliberation, Paul Manafort, the former Trump campaign chairman, was found guilty of eight financial crimes Tuesday.
Paul Manafort, former adviser to  Donald Trump's campaign, checks the teleprompters before Trump's speech at the Mayflower Hotel April 27, 2016 in Washington, D.C.
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Making sense of financial fraud

Jul 31, 2018
As the Manafort trial begins, here's a glossary to help you navigate some wonky terms.
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How the Panama Papers' secret network of offshore money was discovered

Nov 22, 2017
In his new book, writer Jake Bernstein describes the web of accounts and how “it touches everything.”
A sign reading “Macri corrupto” pasted on the fence of the Government Palace in Buenos Aires during a demonstration against Argentine President Mauricio Macri in 2016, after a prosecutor opened an investigation on his offshore financial dealings leaked in the Panama Papers.
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Tax havens for the super wealthy may be evasive, but not always illegal

Nov 6, 2017
Some places to easily hide wealth don’t conjure up images of paradise.

U.S. has been cracking down on offshore tax evasion for years

Apr 5, 2016
The 'Panama Papers' leak sparks promises of a crackdown on offshore shell corporations and bank secrecy to hide the proceeds of corruption and criminal enterprises.
A view of a sign outside the building where the Mossack Fonseca law firm offices are based.