Apple has been accused by US Senate of being “among America’s largest tax avoiders”. A Senate committee said Apple had used “a complex web of offshore entities” to avoid paying billions of dollars in US income taxes. But it said there was no indication the firm acted illegally. Apple chief Tim Cook will go before [...]
Elton John is suing The Times for libel over articles he says falsely linked him to immoral tax avoidance. In two articles by-lined “the secrets of tax avoiders”, the Times stated Patrick McKenna of Ingenious Media was Elton John’s former accountant. Papers filed at the High Court said the article implied Elton John had been [...]
A major study has found that global super-rich elite had at least $21 trillion hidden in secret tax havens by the end of 2010. The figure is equivalent to the size of the US and Japanese economies combined. The Price of Offshore Revisited was written by James Henry, a former chief economist at the consultancy [...]
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