Coentrao, Falcao, Di Maria and Pastore all accused of tax evasion

Friday 26th May 2017

Anyone with an eye on the 6CATS International blog in recent months will have spotted a growing trend. While governments around the world are doing all they can to reclaim revenue lost through tax evasion, the footballing world seems to be oblivious to these changes and growing numbers of high-profile stars have been accused of… [continue reading]

The introduction of the Criminal Finance Bill and what it means for your agency

Wednesday 24th May 2017

  Many of you will have seen news last month on the introduction of the UK Criminal Finances Bill which received Royal Assent on 28th April. But what does the bill outline and what does it mean for recruitment agencies? Upping the ante Essentially, the bill is another weapon adopted by the government to lead… [continue reading]

Indian government upping defences against evaders

Monday 22nd May 2017

Historically, the Indian government hasn’t been particularly effective at bringing in revenue through taxation, in fact, a blog we published earlier this year outlined how a staggering 1.8m individuals had been accused of having fraudulent activity related to their accounts, and that was after the government had launched a major tax amnesty. Bloomberg even suggested… [continue reading]

Neymar: Football’s man in the spotlight in tax fraud scandal

Thursday 18th May 2017

Along with the introduction of the Common Reporting Standard and the Panama Papers scandal, Barcelona footballer, Neymar has been one of the most commonly featured topics of our blogs in recent months. Tax fraud scandal The Brazilian superstar and his parents have been dogged by claims that they have committed alleged fraud and corruption along… [continue reading]

EU to up punishments for evasion advisers

Tuesday 16th May 2017

Last December the UK tax office confirmed it was going to tackle an issue at the root of tax evasion within the country. It revealed that it would now be able to fine and sanction financial advisers and other professionals found guilty of facilitating tax avoidance and evasion. Advisers under fire The sanctions are expected… [continue reading]

LGBT-hating televangelist charged with fraud and tax evasion

Friday 12th May 2017

It’s unlikely that the taxman is a believer in karma, but some stories do suggest that this might be the case. Earlier this month, televangelist, Reverend Benny Hinn faced the wrath of the IRS after his Texas offices were raided by investigators. As an agent told waiting reporters, “We are primarily investigating Title 26, which… [continue reading]

UAE the latest contracting hotspot to sign anti tax-evasion treaty

Wednesday 10th May 2017

Regular readers of our blogs will have seen multiple stories relating to the Common Reporting Standard and the truly enormous range of countries that have now committed to it. And most recently the UAE became the 109th nation to sign what the OECD calls ‘the most powerful multilateral treaty against offshore tax evasion and avoidance,’… [continue reading]

Newcastle and West Ham raided in HMRC tax fraud investigation

Monday 8th May 2017

Footballers and the teams they play for tend to have a bad reputation, not least in this country. And while much of it is warranted (Joey Barton, we’re looking at you) it would be fair to say that much of the criticism is unjustified and largely because so many professionals earn a truly astonishing amount… [continue reading]

The tax legislation impacting Europe’s contractor market

Tuesday 2nd May 2017

Governments across Europe have put compliance firmly on the political agenda and for agencies and contractors operating in the region, navigating the evolving legislative landscape can be a daunting task. Legislation changes surrounding temporary and contract workers have been vast in recent times and at a time when the penalties being served for non-compliance are… [continue reading]