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LuxLeaks whistleblowers go on trial

Luxembourg - Three Frenchmen went on trial in Luxembourg accused of an "incredible" document leak that exposed huge tax breaks for major global companies, in an issue brought sharply into focus by the Panama Papers scandal.

Family of Iceland president's wife tied to 'Panama Papers'

Reykjav - Iceland's president on Monday denied knowing that his wife's family had offshore investments which were revealed in the "Panama Papers" leak following revelations in the Icelandic media.

Panama president seeks global efforts to handle tax haven row

Toukyo - Panamanian President Juan Carlos Varela called on Tuesday for global efforts to tackle the "Panama Papers" scandal, insisting it is not a problem just for his country but the international financial system as a whole.

Malta government survives 'Panama Papers' no confidence vote

Valletta - Malta's left-of-centre government survived a no confidence vote linked to revelations from the so-called Panama Papers, which named the energy minister and the prime minister's chief-of-staff.

Panama president vows tax cooperation with OECD: Kyodo

Toukyo - Visiting Panamanian President Juan Carlos Varela told a Japanese news agency on Monday that his country would cooperate with an OECD initiative to share tax information in the wake of the "Panama Papers" scandal.

Panama Papers claim new victim as Spain minister quits

Madrid - The worldwide "Panama Papers" scandal claimed a fresh political victim Friday as Spain's industry minister resigned over allegations he had links to offshore companies.

Kremlin apologises to German paper for Putin's Panama leak claim

Moscow - The Kremlin on Friday apologised to German newspaper Sueddeutsche Zeitung after President Vladimir Putin wrongly claimed it was owned by US bank Goldman Sachs as he sought to discredit leaks from the Panama Papers.

Putin admits Panama Papers 'accurate,' blames U.S.

Moscow - Russian President Vladimir Putin on Thursday acknowledged the accuracy of the Panama Papers revelations, but claimed funds had been spent on musical instruments as he blamed the leak on the United States.

Panama Papers reveal Hong Kong's murky financial underbelly

Hong Kong - Jasmine Li was still a student when she opened her first offshore bank account through Mossack Fonseca Hong Kong, but the shady world she entered that day had been part of the city's underbelly for decades.

'No evidence' to take action against Panama Papers law firm: Prosecutor

Panama - Panama's public prosecutor against organized crime said there was no evidence so far to take action against the law firm at the center of the Panama Papers scandal, following a raid lasting 27 hours on its offices.

Global tax authorities probe Panama Papers

Paris - Tax authorities from the world's richest nations on Wednesday probed a mass of murky offshore dealings revealed in the huge Panama Papers data leak, just hours after police raided the law firm at the centre of the scandal. The leak of 11.

Panama police raid law firm at centre of tax leaks scandal

Panama - Police raided the headquarters of the Panama law firm whose leaked documents have unleashed a global scandal over how the world's elite use offshore companies to hide their wealth.

Iceland opposition demands election date, PM refuses

Reykjav - Iceland's opposition parties on Tuesday asked Prime Minister Sigurdur Ingi Johannsson to set a date for early elections due "in autumn" but he refused, the two sides said.

Panama Papers scandal forces Britain to open up on taxes

London - The rush of revelations about British politicians' finances this week prompted by the Panama Papers leak marks a shift from traditional deference to Scandinavian-style openness, commentators say.

Iceland shocked by elite's love of offshore holdings

Reykjav - Cabinet ministers, bankers and CEOs: the offshore companies at the heart of the leaked Panama Papers have drawn large numbers of Iceland's elite into a scandal that has already brought down the country's premier.

Panama Papers reveal spies used Mossack Fonseca

Berlin - Secret agents from several countries, including intermediaries of the CIA, have used the services of Panamanian law firm Mossack Fonseca in order to "conceal" their activities, German newspaper Sueddeutsche Zeitung reported Tuesday.

Panama squirms as 'Panama Papers' scandal keeps expanding

Panama - A week after the first revelations from the Panama Papers, the government of Panama was on Monday stepping up a PR blitz to dissociate the country from the expanding scandal.

Cameron faces down critics over offshore dealings

London - Prime Minister David Cameron defended his tax affairs and announced a deal to open up Britain's overseas tax havens on Monday as he confronted critics of his offshore dealings for the first time in parliament.

Red Cross threatened by unauthorised Panama Papers link: ICRC head

Ginebra - The unauthorised use of the International Red Cross's name by entities listed in the Panama Papers poses "enormous" risks for its operations and staff, the head of the humanitarian body said in an interview published Sunday.

Panama Papers: Putin's cellist friend says 'invests in musicians'

Moscow - A cellist friend of Russian President Vladimir Putin named in the Panama Papers as owning a $2-billion offshore empire was portrayed as a humble patron of the arts Sunday, in a state TV programme in which he said he helps hundreds of musicians.

Valls 'deeply regrets' Algeria barring two French journalists

Paris - France's Prime Minister Manuel Valls on Saturday said he had "deep regrets" over Algeria's refusal to issue visas to two French journalists in a row over the so-called Panama Papers revelations.

British PM admits mishandling offshore revelations

London - British Prime Minister David Cameron admitted Saturday he had mishandled the controversy over his shares in his father's offshore business interests, which were flushed out by the "Panama Papers" revelations.

Fresh anti-government protests hit Reykjavik

Reykjav - Thousands of Icelanders rallied in Reykjavik on Saturday to demand immediate elections on a sixth consecutive day of anti-government protests over the "Panama Papers" revelations which have already toppled the prime minister.

German journalists 'surprised' by impact of Panama Papers

Munich - The two German journalists of the Sueddeutsche Zeitung daily behind the Panama Papers revelations say they are surprised by the global shockwaves the leak caused and promised more sensational disclosures.

Iceland government survives confidence vote

Reykjav - Iceland's parliament rejected an opposition motion of no-confidence in the new government, which is struggling to shake off revelations from the leaked "Panama Papers" which have already forced the prime minister to step down.

Argentine president denies 'malicious omission' after Panama leak

Buenos Aires - Argentine President Mauricio Macri said Thursday he made no "malicious omission" from his mandatory asset declarations as a public official, after the so-called Panama Papers revealed his offshore financial interests.

Iceland's new PM, a vet in the eye of the storm

Reykjav - Iceland's new prime minister, 53-year-old Sigurdur Ingi Johannsson, is a veterinarian by training now stepping into the political storm that ousted his predecessor, as his party's choice but not a favourite with voters.

Iceland swears in shaky new government after Panama Papers

Reykjav - Iceland's new right-wing government took office on Thursday, under fire from the start as the opposition sought a vote of no confidence and stuck to its call for swift elections.

Argentine president faces probe over Panama Papers

Buenos Aires - A federal prosecutor in Argentina opened an investigation Thursday into President Mauricio Macri's financial dealings via two offshore firms revealed in the so-called Panama Papers leaks.

Cameron, Argentina's Macri caught in Panama Papers swirl

London - The storm unleashed by the so-called Panama Papers continued to swirl Thursday as British Premier David Cameron admitted benefiting from his father's offshore trust and prosecutors opened an investigation into Argentine President Mauricio Macri.
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A plastic bag in Toronto
A plastic bag in Toronto
Duncan Lee  an American CPA and Tai Ji Men dizi  explained the details of Tai Ji Men tax case.
Duncan Lee, an American CPA and Tai Ji Men dizi, explained the details of Tai Ji Men tax case.
Anti-HST protesters in Victoria  B.C.
Anti-HST protesters in Victoria, B.C.
Tony Sprackett
Microsoft’s small business blog argued that the new Xbox One is a tax-deductible expense.
Microsoft’s small business blog argued that the new Xbox One is a tax-deductible expense.