tax evasion

EU countries agree new rules to avoid tax evasion

European Union finance ministers in Brussels on Tuesday reached a political agreement on new rules to ensure that multinational corporations do not declare profits in the countries where they pay the least tax but in the countries where they generate it.

Croatian footballer under investigation for tax evasion in Spain

Since joining Real Madrid in August 2012, Modric and his wife used the company in Luxembourg to charge for commercials and other sponsorship activities.

End of an offshore era? Panama signs tax transparency treaty

Panama signed an international convention for tax transparency Thursday, agreeing to work with other countries against tax fraud and money laundering, the Organization for Economic Cooperation and Development said.

Panama's president calls tax evasion a global problem

Panamanian President Juan Carlos Varela has slammed the singling out of his country for the various tax dodging schemes revealed in the massive data breach known as the Panama Papers.