Special Report: Amazon's billion-dollar tax shield | Reuters

Special Report: Amazon's billion-dollar tax shield | Reuters: (Reuters) - "In 2005, Amazon rented a historic five-storey building in Luxembourg's Grund quarter, right at the bottom of a steep rock-walled valley below the old town."

Tax evasion by big companies is an unpatriotic act.

New York probes private equity tax strategy: source | Reuters

New York probes private equity tax strategy: source | Reuters: (Reuters) - "At least a dozen U.S. private equity firms have been subpoenaed by the New York state attorney general as part of a probe into whether a widely used tax strategy that saved these firms hundreds of millions of dollars is proper, a source familiar with the situation said on Saturday."

U.S. moves toward legal action against Swiss bank: sources | Reuters

U.S. moves toward legal action against Swiss bank: sources | Reuters: (Reuters) - "U.S. authorities are moving toward taking legal action against Wegelin & Co, which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case."

Should intelligence agencies chase tax evaders? | Reuters

Should intelligence agencies chase tax evaders? | Reuters: (Reuters) - "Three years ago, Germany's foreign intelligence service, the BND, paid a whistle blower close to 5 million euros ($6.9 million) for DVDs containing information on thousands of secret accounts at a leading Liechtenstein bank."

Credit Suisse asked to hand over U.S. client data | Reuters

Credit Suisse asked to hand over U.S. client data | Reuters: (Reuters) - "Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtaining names of alleged tax cheats."

Business & Financial News, Breaking US & International News | Reuters.com

Business & Financial News, Breaking US & International News | Reuters.com: Reuters) - "The U.S. pursuit of offshore tax evaders is widening to include Israel, where U.S. authorities are scrutinizing three of Israel's largest banks over suspicions their Swiss outposts helped American clients evade taxes, people briefed on the matter said.'