Spain is generating so much solar power, according to its government, that production capacity exceeds demand by more than 60%. To solve the problem, Spain’s government has a new idea: tax the solar panels.
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IRS Releases List Of Americans Hoping To Expatriate, Number Tops 1,000
The IRS has released the most recent list of citizens wishing to renounce their citizenship – and it’s a long one.
Read MoreSnowden Finds New Home, Fields Job Offers – But Will He Pay His Taxes?
Former NSA whistleblower Edward Snowden has received formal papers from the Russian government to live and work in the country as a “temporary refugee.” Despite having his U.S. passport revoked, he remains a citizen. And being a citizen means paying his taxes.
Read MoreItaly’s High Court Agrees That Berlusconi Should Go To Prison – But He Likely Won’t
Former Italian Prime Minister Silvio Berlusconi, who still enjoys a great deal of popularity among Italians, found out today that his prison sentence on tax fraud charges was upheld by the country’s highest court. His ban on public office remains in question. And Berlusconi awaits the outcomes of at least two other trials. So what’s next?
Read MoreBolt Strikes At Diamond League Games, Says UK Races Hinge On Tax Laws
Usain Bolt said he wouldn’t race in the U.K. after the Olympics unless they changed their tax laws… and they did, extending the laws in place for the Olympics for the Diamond Games. But is this a trend?
Read MoreDolce & Gabbana Say Tax Woes May Force Them To Close
A month after Dolce & Gabbana was found guilty on tax charges, the pair is fighting back. After closing their stores for three days in protest, the designers are making noise about shutting down for good.
Read MoreDead Men Tell No Tales: Deceased Russian Lawyer Found Guilty Of Tax Evasion
A Moscow court has ruled Hermitage Capital Management founder William Browder and his tax advisor and lawyer, Sergei Magnitsky, guilty of tax fraud. Magnitsky was found guilty posthumously; he died in prison nearly four years ago. Browder was found guilty in absentia after being forced from the country in 2006.
Read MoreAfter Official Rejection, Holes In Swiss Policy Leave Banking Industry Uncertain
A year ago, the biggest story in banking was that the U.S. and Switzerland had reached an accord that would all but end the secrecy
Read MoreCourt Date Set For Messi As Details Emerge On Tax Evasion Charges
A court date has been set for Spanish football Lionel Messi. The four-time World Player of the Year must appear in a Barcelona court on
Read MoreDolce & Gabbana Sentenced To Prison For Tax Evasion
Are prison stripes the next fall look for Domenico Dolce and Stefano Gabbana? The Italian fashion duo has been found guilty of tax evasion by
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