Global Investigations Review - The law and practice of international investigations

Tax controversy

London broker pleads guilty to Fatca violations in US

London broker pleads guilty to Fatca violations in US

November 21, 2019, GIR

A London-based broker has pleaded guilty at a federal court in Brooklyn to charges of securities fraud and violating Fatca.

Quebec advocates for beneficial ownership register to bolster corporate transparency

Quebec advocates for beneficial ownership register to bolster corporate transparency

October 04, 2019, GIR

Quebec’s Ministry of Finance has published a consultation paper with proposals aimed at improving corporate transparency across the Canadian province.

PNF: Google France failed to pay €190 million in tax

PNF: Google France failed to pay €190 million in tax

September 24, 2019, GIR

Google Ireland will pay the lion’s share of a €500 million tax fine to settle claims that its French arm failed to pay the correct amount of tax over six years, according to the settlement document.

US expat to fight HMRC over foreign tax law

US expat to fight HMRC over foreign tax law

September 12, 2019, GIR

A London law firm is poised to sue HMRC on behalf of an “accidental American” who says that sharing her financial details with the US’ tax authority is a breach of her human rights.

Google signs €500 million DPA in France over tax fraud

Google signs €500 million DPA in France over tax fraud

September 12, 2019, GIR

Google’s French and Irish arms have agreed to pay €500 million to resolve allegations that they committed tax fraud between 2011 and 2014.

Australia dismisses Glencore's Paradise Papers privilege claim

Australia dismisses Glencore's Paradise Papers privilege claim

August 14, 2019, GIR

Australia’s High Court has thrown out Glencore’s attempt to block the country’s tax authority from analysing Paradise Papers documents.

HSBC Switzerland pays €300 million to settle Belgian tax fraud case

HSBC Switzerland pays €300 million to settle Belgian tax fraud case

August 06, 2019, GIR

HSBC’s Swiss private banking unit has agreed to pay €300 million to settle a tax fraud case in Belgium five years after the company was placed under investigation.

DOJ increases fine in Swiss Bank Programme settlement

DOJ increases fine in Swiss Bank Programme settlement

July 22, 2019, GIR

Swiss bank Bonhôte & Cie has been hit with an additional $1.2 million fine for underreporting the number of US taxpayer accounts in the lead up to a 2015 settlement agreement.

IRS targets law firm’s client list in offshore tax avoidance probe

IRS targets law firm’s client list in offshore tax avoidance probe

May 24, 2019, GIR

A recent US federal court ruling signals authorities’ focus on pursuing professional advisors who allegedly facilitate tax evasion.

Lawyers sceptical about SFO plan to get witnesses to wear a wire

Lawyers sceptical about SFO plan to get witnesses to wear a wire

May 09, 2019, GIR

Lisa Osofsky’s plans to import US-style strategies to secure more convictions is unlikely to work in the UK, practitioners say.