EU threatens to sanction tax havens like Panama
By FRANK JORDANS and RAF CASERT The European Union has threatened to sanction countries like Panama if they continue to refuse to cooperate fully to fight money laundering and tax…
National taxes
Politicians, celebs deny abuse of offshore accounts
By FRANK JORDANS and KEN MORITSUGU The president of Ukraine became the latest prominent politician to deny wrongdoing Wednesday after his name was linked to secretive offshore accounts arranged by…
Iceland’s leader is first victim of offshore holdings leak
By JILL LAWLESS and DAVID McHUGH The leak of millions of records on offshore accounts claimed its first high-profile victim Tuesday as Iceland’s prime minister resigned amid outrage over revelations…
Trove of data on offshore accounts prompts probe, questions
The release of a vast trove of documents and data on offshore financial dealings of wealthy, famous and powerful people around the world is raising questions over the widespread use…
For Congress in 2015, GOP upheaval overshadows legislating
By ALAN FRAM It was the first year of Barack Obama’s two presidential terms when the GOP ran both the House and Senate. That meant a blend of compromise and…
Congress set for year-end push on tax, spending compromise
By ALAN FRAM Congressional leaders are girded to push a Christmas compromise on tax cuts and spending through the House and Senate by week’s end after Republicans and Democrats reached…
Trump unveils tax plan that would lower taxes for millions
By JILL COLVIN Republican presidential front-runner Donald Trump is calling for an overhaul of the tax code that would eliminate income taxes for millions of Americans, and lower them for…
No checks, please: IRS no longer takes checks for $100M
By STEPHEN OHLEMACHER Owe the tax man $100 million or more? Your check is no good at the IRS. Starting next year, the IRS says it will reject all checks…