High-powered tax attorneys bemoaned the 2010 legislation meant to crack down on big-dollar tax shelters. They ended up writing parts of an IRS directive that essentially undid it.
Calls for a global minimum tax rate for the ultrarich were stymied at a meeting of the world’s top finance leaders in Brazil.
The coordinated push would tax the world’s ultrarich 2% of their wealth annually, and could generate $250 billion in revenue for governments per year, according to a new report.
Newly obtained data shows the IRS division that audits corporations and the ultrarich flagged no more than 22 possible tax crimes over the past five years — roughly 40 times fewer criminal referrals than from the unit covering small businesses.
An ICIJ investigation examining hundreds of leaked tax forms offers a glimpse into the huge challenges the U.S. agency faces in tackling the favorite new global investment vehicles of the world's most wealthy.
The number of cases the wider U.S. tax agency refers to its criminal unit has plummeted.
The U.S. Internal Revenue Service is seeking to use an infusion of funding to keep up with the ever-evolving tax maneuvers of the ultra-rich — while staving off frequent political attacks.
With a bold new logo and a reinvigorated focus on innovative, technology-led journalism, ICIJ plans to broaden its network and its storytelling to new frontiers.
The Pandora Papers reveal more than 1,600 works of art secretly traded through tax havens.
A new analysis by the Institute for Policy Studies points to the harms of rising consolidated wealth, and ways to make the rich shoulder their fair share of the tax burden.
The International Consortium of Investigative Journalists hosted a discussion on the global financial industry and the loopholes exploited by wrongdoers.
Author and scholar Chuck Collins offers an insider's account of the ‘wealth defense industry’ and the inequality it perpetuates in his new book, “The Wealth Hoarders.”
The Biden administration says that investing $80 billion to beef up IRS enforcement will pay for itself by recouping a projected $700 billion over the next decade.
Riding a wave of anti-money laundering momentum, will the U.S. president from Delaware deliver on his pledges to tackle tax havens and make the wealthy pay more?
Tax Justice Network ranks OECD members and British overseas territories highest in its 2021 corporate tax haven index, advocating for the UN to set standards instead.
Governments and international bodies seek to fill massive deficits as billionaires and multinational corporations have seen their wealth grow during the ongoing pandemic.
How did Glencore manage to get a $440m discount - the equivalent to a year's education budget - in the Congo?
Global inequality has worsened since the millennium, with a new report finding the richest 1 percent account for half of the world’s wealth.
Canadian Prime Minister Justin Trudeau has told parliament he is "committed to fighting tax evasion and tax avoidance."
Long-standing offshore ties of the Liberal Party moneyman and his famous family provide jarring contrast to Canadian prime minister’s campaign for tax fairness.
These charts show which countries have the most wealth offshore and what that means for inequality.
Source known only as John Doe says income inequality "one of the defining issues of our time" and calls on government to address it. Image: NDR
The anonymous whistleblower behind the Panama Papers has conditionally offered to make the documents available to government authorities.