Tax Evasion
Bitcoin evangelist Roger Ver settles tax case with $50 million payment
Roger Ver, known as 'Bitcoin Jesus,' has agreed to pay nearly $50 million to the U.S. government to resolve charges of tax evasion on his bitcoin holdings. The deal avoids prison time for the early cryptocurrency promoter who renounced his U.S. citizenship in 2014. The agreement still needs court approval.
Roger Ver nears settlement in tax evasion case
Imeripotiwa na AI
Renowned Bitcoin investor Roger Ver, known as 'Bitcoin Jesus,' is reportedly close to a preliminary agreement with the U.S. Justice Department in a criminal tax fraud case. Ver was indicted last year for failing to pay $48 million in taxes on his cryptocurrency holdings. The deal, if finalized, could lead to dropped charges upon compliance, including tax repayment.
The problem of chronic tax debtors in Brazil
Brazil grapples with inequalities worsened by chronic tax evaders who amass billions in fiscal debts without effective punishments. A Senate bill aims to define and restrict these debtors, barring them from benefits and public bids. The proposal underscores the need to treat fiscal crimes more rigorously than other property offenses.
Tax evasion persists in Addis Ababa eateries via personal digital transfers
In Addis Ababa's popular restaurants and shops, businesses often direct customers to pay via personal mobile accounts, evading taxes and leaving no official record. This practice, highlighted in a recent analysis, undermines government revenue and burdens compliant taxpayers. Authorities face calls for stricter enforcement and simplified compliance measures.