Colombia’s banks have been laying the perfect infrastructure for tax evasion, which is estimated to cost the State more than corruption. When even the Finance Minister appeared it the Panama…
Colombia’s acting prosecutor general has warned that a controversial tax reform expected to be approved by Congress on Tuesday would shield money launderers from prosecution, according to local media. Acting…
Colombia President Ivan Duque on Thursday announced that authorities have dismantled a tax fraud ring that helped 2,000 companies evade as much as $667 million (COP2.3 trillion) in taxes. The…
A report in Barcelona’s El Periodico newspaper says Colombian pop star Shakira paid 20 million euros ($24.4 million) in back taxes while Spain’s tax authority is investigating possible fraud. The pop…
Colombia’s record goalscorer Radamel Falcao faces trial for allegedly defrauding the Spanish Treasury of $6.2 million, according to authorities on Tuesday. The Provincial Office of Madrid filed complaints against the…
Colombia’s finance minister said on Tuesday that the United States will begin to share Colombians’ bank information in order to assist with curbing tax evasion. According to the Ministry’s website,…
Colombia’s chief prosecutor slammed a tax reform on Monday, the day it took effect, claiming the new tax system fails to confront the mass tax evasion that has long undermined the country’s fiscal system. Prosecutor…
Colombia striker Radamel Falcao will be investigated by Spanish authorities for tax evasion, reported Spanish news agency EFE on Wednesday. Falcao is accused of transferring the management of his image…
Two thirds of the 1,245 Colombians that appeared in The Panama Papers have evaded taxes by not reporting their foreign assets with Colombia’s tax agency, the finance minister and tax…