The big technology story in New Zealand this weekend is about Apple's tax bill. Or rather, the lack thereof. The electronics giant sold $4.2 billion (NZD) worth of products in New Zealand, but it didn't pay any local tax at all. That's according to a Saturday report from the New Zealand Herald. Apple did pay $37 million in income tax based on its New Zealand sales, but it paid that money to the Australian government, since that's where the New Zealand operation is run from.

A new government database will soon spotlight the true costs of corporate tax breaks.

Report’s authors say that the U.S. and EU have the power to force other nations to embrace transparency reforms. By Michael Hudson.

A lot of healthy people are defying predictions by the Affordable Care Act architects and refusing to enroll, throwing off the math behind the system. By Robert Pear.

Tax authorities in Denmark have paid 805,000 euros ($903,000) for evidence of tax evasion by its citizens in the so-called 'Panama Papers.' About 600 people could be implicated.

The amount of overseas cash is the highest in history, and it is unlikely to come back.

Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled. After a three-year investigation, it has concluded that the US firm's Irish tax benefits are illegal. The Commission said Ireland enabled the company to pay substantially less than other businesses, in effect paying a corporate tax rate of no more than 1%. Ireland and Apple both said they disagreed with the record penalty and would appeal against it.

Edward N. Luttwak reviews Bastian Obermayer and Frederik Obermaier's "The Panama Papers: Breaking the story of how the rich and powerful hide their money."

If there is a name that is synonymous with tax avoidance in the UK, it is that of the Duke of Westminster. The duke in question was, admittedly, the second duke, who in 1936 won an infamous tax case that permitted him to pay his gardeners in a way that avoided a tax liability. He achieved abiding fame as a consequence of the opinion of Lord Tomlin, who in his judgment on that case said: “Every man is entitled if he can to order his affairs so that the tax attracted under the appropriate act is less than it otherwise would be.

The complex transactions add up to a meaningful loss of revenue from dividend taxes Danish taxpayers would otherwise get. By Cezary Podkul, Anne Skjerning and Tor Johannesson. (July 12, 2016)

A “bombshell” internal federal government document has triggered a new wave of accusations of government inaction in dealing with Vancouver’s housing affordability crisis.

“Every chart, every ‘outcome’ and every ‘program’ listed in the 20 page report is a program or activity already conducted by the individual organizations represented at the one-day meeting, with no involvement with the Clinton Foundation….” By Amy Sterling Casil.

Lionel Messi and his father Jorge have been sentenced to 21 months in prison for tax fraud, but the Barcelona forward is not expected to spend any time behind bars. The court of Catalonia on Wednesday found that the Messis had evaded tax on Lionel’s image rights, with more than €4m owed in back payments. But because the court’s sentence was less than two years and neither Messi has a criminal record, neither will be sent to prison.

About 100 investigators search tech firm’s HQ as part of inquiry into tax payments, reports claim

On Monday, people everywhere will be able to see for themselves which politicians, celebrities and business executives allegedly kept secret shell companies that were exposed in the Panama Papers. A Google-like searchable database is expected to go live at 2 p.m. ET, detailing ties between 368,000 people and 300,000 offshore entities. It's being released by the International Consortium of Investigative Journalists.

The president of Iceland is expected to come under pressure this week after leaked documents appeared to show that part of his wife’s considerable fortune was held in offshore tax havens. Ólafur Ragnar Grímsson, who has been in office for 20 years, last month surprised many by declaring he would stand for re-election again after serving five terms.

The International Consortium of Investigative Journalists is about to unleash a huge data dump about how some of the world's wealthiest and most powerful people hide their cash. The group has already released a host of information regarding how major figures in politics and business store their wealth in tax havens. On Wednesday the ICIJ said in an email that on May 9 it would "publish what will likely be the largest-ever release...

U.S. officials revealed to NBC News that they have taken part in two global meetings about the Panama Papers to plan how to use the huge trove of leaked documents to catch criminals — and urged Americans to come clean now before illegal activity is discovered. Last week's discussions in Paris and Washington between IRS and Treasury officials and their counterparts from around the world are the first evidence of U.S. involvement in the growing...

Vladimir Putin has said the revelations from the Panama Papers published in the Guardian concerning an old friend of his are true. However, the Russian president went on to say that the files demonstrate no illegal activity on his part. The papers link the cellist Sergei Roldugin to a number of offshore companies with cash flows of up to $2bn. During his annual phone-in with the nation, Putin discussed the documents with an irate caller who...

A deeper insight into Japanese businessmen’s offshore deals. By Scilla Alecci and Alessia Cerantola.