In a statement Binance said, it had appointed former U.S. Treasury criminal investigator Greg Monahan as its global money laundering reporting officer, in an effort to reinvent itself as a regulated financial firm from being one of the world’s largest… Read More ›
internal revenue service
MNCs poring over new U.S. tax code find loopholes to minimize their tax profile
While the new tax code was meant to simplify tax compliance, it has introduced more complications and ambiguity, all of which can be exploited. The tax-dodging strategies discussed here with comments from tax experts and lawyers are indicative of how… Read More ›
Amazon wins $1.5 billion tax case with IRS, negatively skews its domestic and European tax profile
With the judgement of the case being delivered less than a week before the end of the coming financial year, its tax profiles could be significantly affected. In a significant win for Amazon.com Inc, the world’s biggest online retailer has… Read More ›