Ordinary people resort to loopholes so they can also avoid paying excessive tax. Small business owners in the town of Crickhowell in Wales decided to do it, too. But they say it's not about breaking the law - but taking on the big-time tax evaders.
A French court has ruled that the internet giant is not liable to pay more than one billion euros on profits channeled through its subsidiary in Ireland - a favorite among multinationals seeking lower taxes in the EU.
A new study published by the poverty-fighting organization Oxfam claims there was a $200 billion increase on the previous year. Oxfam's findings include some of the largest US companies among those avoiding taxes.
Global charity Oxfam has published a list of what it believes are the world's worst corporate tax havens. It insisted that big business kept cheating populations out of billions of dollars every year.
How can the international tax system be made more equitable? That is the question EU finance ministers contemplated at their informal meeting in Malta. But, as usual, they were slow to make decisions, says Bernd Riegert.
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