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
Fighting the Counterfeiting Mafia
At a foundry in Linqing, in the middle of Shandong Province in eastern China, six...
Dangerous fake drink on sale in the county
DRINKERS are being warned that “extremely dangerous” bogus booze could be on sale...
Interpol operation seizes millions in counterfeit goods
Around 55 million zlotys-worth of goods have been seized as part of Operation...
Cigarette smuggling on the rise in Dublin
Cigarette smuggling is on the rise in Dublin, a retailer lobby group have...