OECD Eyes Bitcoin, Tobacco Smuggling As Tax Crime Issues
The Organization for Economic Cooperation and Development is focusing a sharper eye on how digital currencies like bitcoin can be used by money launderers to evade taxes, as well as on the illicit tobacco trade, an organization head said Friday at a tax crime forum. In remarks at the OECD’s second annual Tax Crime Investigation Forum, Deputy Secretary General William Danvers said the international body is committed to exploring how digital currencies fit within the organization’s existing campaign against international tax fraud, and is also intensifying.
Related Posts
State’s tobacco revenues up in smoke
The doubling of tobacco taxes at the end of 2012 coupled with a hike of around 20...
Pricey cloud of smoke over BAT
The Wall Street Journal reported last week that the British tax authority, Her...
Charges filed in fake tech product scheme
Four people were charged with importing and distributing fake Apple and Sony...
Security forces foil attempt to smuggle contraband cigarettes worth RM1.04mil
TAWAU: The Armed Forces Joint Task Force 2 (ATB 2) foiled an attempt to smuggle...