The EU loses €70 billion tax income annually to tax havens, despite a joint effort by industrialized nations and emerging countries to tighten the last remaining tax loopholes.
The recently fired Manchester United manager accepted a one-year suspended sentence for tax fraud. Mourinho had pleaded guilty for undeclared income related to his image rights.
Music star Shakira is the latest high-profile individual targeted by Spanish prosecutors for tax evasion. Officials allege she failed to pay €14.5 million ($16.3 million) in taxes.
Police recently launched a new policy that takes on criminal clan families in Germany’s large cities. But how much of an impression have the first raids really made? And will hard-line enforcement alone be enough?
A German court has decided not to pursue a tax evasion case against three former DFB officials, including two former DFB presidents. They have been charged in connection with the awarding of the 2006 World Cup.
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