Tax evasion

process of transforming profits of crime and corruption into ostensibly legitimate assets

market in which goods or services are traded illegally

country or place with low taxes for foreign investors

financial crime

Spanish handball player

Corporate and traditional tax havens

Canadian activist (1914-1965)

2015 expose of tax avoidance scheme

Taiwanese plastics entrepreneur (1917–2008)

opportunity for forgiveness of a tax liability

thumb|upright=1.3|Countries affected by the fraud The CumEx-Files is an investigation by a number of European news media outlets into a tax fraud scheme discovered by them in 2017. A network of banks, stock traders, and lawyers had obtained billions from European treasuries through suspected fraud and speculation involving dividend taxes. The five hardest hit countries may have lost at least $62.9 billion. Germany is the hardest hit country, with around $36.2 billion withdrawn from the German treasury. Estimated losses for other countries include at least €17 billion for France, €4.5 billion

enumeration

qualitative ranking of secrecy jurisdictions

relates to the wider financial services industry in offshore centers

MONEYVAL is the official denomination of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism. It is a permanent monitoring body of the Council of Europe, with 35 member states and jurisdictions out of which 32 are assessed exclusively by MONEYVAL.

theft of Value Added Tax (VAT) from a government by organised crime gangs

blacklist of non-cooperating countries created by the Financial Action Task Force

Structuring, also known as smurfing in banking jargon, is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300). Structuring may be done in the context of money laundering, fraud, and other financial crimes. Legal restrictions on structuring are concerned with limiting the size of domestic transactions for individuals.

Daigou () is an emerging form of cross-border trade in which an individual or a syndicated group of exporters outside China purchases commodities (mainly luxury goods but sometimes also groceries such as infant formulas) for customers in China.

European Commission tool against tax avoidance