Saturday, July 24

Tax Avoidance

allen weisselberg, Donald Trump, Politics, Tax Avoidance, Trump Organisation, UK Weekend

Prosecutors’ references to Allen Weisselberg’s family are New York’hardball’ to get him to cooperate with the investigation into the Trump Organization, says expert

Tax prosecution expert Frank Agostino has weighed in on the debate on the Trump Organization prosecution. He told CNN charges against CFO Allen Weisselberg were likely a warning to cooperate. NY prosecutors in July charged Weisselberg and the Trump Organization with tax crimes. See more stories on Insider's business page. Frank Agostino, a former tax prosecutor and now a legal analyst, said that recent charges filed against Trump Organization CFO Allen Weisselberg are likely a sign that there is further legal trouble in store for President Donald Trump's company. In comments to CNN, Agostino, a former special US attorney prosecut...
Canada, Finance, Labor law, Law, Lyft, Markets, Tax Avoidance, Taxes, Tech Insider, Transportation, Uber

Uber and Lyft could be avoiding $135 million in Canadian taxes every year by relying on contract workers, report says

Uber and Lyft could avoid a combined $135 million in taxes annually in Canada, a new report claims. Canadians for Tax Fairness blamed lax disclosure laws and companies classifying drivers as contractors. Uber and Lyft both disputed the findings, telling Insider they paid all required taxes in Canada. See more stories on Insider's business page. Uber and Lyft could be avoiding a combined $135 million in taxes every year in Canada, according to a new report from the nonprofit Canadians for Tax Fairness (C4TF).The report estimated Uber and Lyft avoid $53.9 million in corporate taxes as well as $81.3 million in unemployment insurance a...
allen weisselberg, Andrew Weissman, Politics, Tax Avoidance, Trump Organization, UK Weekend

Ex-Mueller prosecutor says charges against Trump Org are likely a ‘shot across the bow’ with more to come

Andrew Weissman, the lead prosecutor on the Mueller probe, commented on the Trump Org. charges.  He said last week's charges are likely a warning to executives at the company to cooperate.  NY prosecutors last week charged Trump's firm and its CFO with tax avoidance crimes.  See more stories on Insider's business page. The lead prosecutor on Robert Mueller's Russia probe described the charges facing the Trump Organization as a "shot across the bow" ahead of more serious action.Andrew Weissman described the charges against the company and its CFO Allen Weisselberg a warning to other executives of the potential legal cost of not coop...