TALLINN, Estonia — More than 70 European artists and film directors have signed an open letter urging Serbia not to extradite to Belarus a filmmaker and a prominent critic of the authoritarian government in Minsk, who is wanted in his home country for alleged tax evasion. The letter, released on Monday, said that Andrei Hniot … Read more
New Delhi: The Central Board of Direct Taxes (CBDT) has launched a comprehensive scrutiny and verification of high-value outward foreign remittances of above ₹6 lakh to identify discrepancies in remittance data and likely tax evasion. The move follows detection of cases where foreign remittances and expenditures did not align with the income declared by individuals, … Read more
Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle a tax fraud lawsuit brought by the Washington, D.C., attorney general, the AG’s office announced Monday. Between 2005 and 2021, Saylor allegedly evaded over $25 million in District of Columbia income taxes by posing as a resident of … Read more
ATLANTA — Reality TV stars Todd and Julie Chrisley, who are in prison after being convicted on federal charges of bank fraud and tax evasion, are challenging aspects of their convictions and sentences in a federal appeals court. The Chrisleys rose to fame with their show “Chrisley Knows Best,” which chronicled the exploits of their … Read more
IRS Commissioner Danny Werfel may not expect taxpayers to actually enjoy dealing with the nation’s tax collection agency, but he thinks that it’s at least becoming much easier and simpler for them. Taxpayers are getting more options to file; they’re getting real-time information about their refunds and receiving them sooner; and they’re spending less time … Read more
BARCELONA, Spain — Spanish state prosecutors have accused Real Madrid coach Carlo Ancelotti of alleged tax fraud, claiming he used shell companies to hide parts of his income during his first stint at the club a decade ago. Prosecutors in Madrid said in a statement Wednesday that they are accusing Ancelotti of two accounts of … Read more
