Chinese movie star Fan Bingbing hit with huge tax evasion fines
China has ordered A-list movie star Fan Bingbing to pay about $129 million in overdue taxes and fines, state news agency Xinhua said on Wednesday, as a crackdown on tax evasion in the entertainment industry gathers momentum.
India’s crisis over bank notes hits women especially hard
Under continuing questions about possible ethics violations, New York Congressman Charles Rangel announced this morning he would temporarily step down as chair of the powerful Ways and Means Committee.
Washington has been fighting for the release of names of Americans suspected of evading taxes by hiding money in Swiss bank accounts. For details, The Takeaway turns to Bill Sharp, a lawyer who represents a number of clients with Swiss bank accounts.
Real-life Sopranos: NJ’s International Conspiracy
A 10-year federal probe uncovered an international conspiracy involving money laundering, corruption of local and state governments and synagogues in New Jersey. Joining The Takeaway is Bob Ingle, Trenton bureau chief for Gannet news service.
Jason Zengerle wrote an article for this Sunday’s New York Times Magazine profiling the philosophical movements that argue that despite, you know, the law, you’re not actually obligated to pay your taxes. He joins us now to explain.
U.S. tax evasion still legal in Switzerland according to UBS