The episode, which led to a U.S. Congressman calling for an investigation of possible sanctions violations by the Uzbek target firm, offers a window into the business of regional actors seeking to influence the booming use of Western sanctions.
Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block progress on a key corporate transparency reform.
New data shows that company registrations in the Cowboy State have eclipsed Delaware, a renowned tax haven. Local officials are scrambling to keep up.
For a decade, the industry fought bitterly against a basic anti-corruption rule to report their payments to foreign governments.
Attorney General Merrick Garland said the Canada-based bank “created an environment that allowed financial crime to flourish.”
High-powered tax attorneys bemoaned the 2010 legislation meant to crack down on big-dollar tax shelters. They ended up writing parts of an IRS directive that essentially undid it.
An oversight initiative meant to help officials detect medical device safety issues has faltered due to patchy recordkeeping by health care professionals.
Sen. Robert Menendez was found guilty of accepting bribes from a New Jersey businessman and wielding political influence to benefit Qatar and Egypt.
Newly obtained data shows the IRS division that audits corporations and the ultrarich flagged no more than 22 possible tax crimes over the past five years — roughly 40 times fewer criminal referrals than from the unit covering small businesses.
Officials touted upcoming moves to close regulatory loopholes that could expose the United States’ financial system to evolving threats.
An ICIJ investigation examining hundreds of leaked tax forms offers a glimpse into the huge challenges the U.S. agency faces in tackling the favorite new global investment vehicles of the world's most wealthy.
Before and after the investment, senior newsroom leaders urged Newsmax staff to soften coverage of Qatar, current and former employees said.
The number of cases the wider U.S. tax agency refers to its criminal unit has plummeted.
The U.S. Treasury sanctioned the cyber-surveillance group and two of its key leaders, Tal Dilian and Sara Hamou, for proliferating spyware use around the world.
The U.S. Internal Revenue Service is seeking to use an infusion of funding to keep up with the ever-evolving tax maneuvers of the ultra-rich — while staving off frequent political attacks.
A new rule would close a loophole Treasury warns is exploited by bad actors using ill-gotten cash to anonymously buy residential properties.
Five years after ICIJ’s Solitary Voices, researchers found U.S. Immigration and Customs Enforcement continues to isolate immigrants en masse, including many with known mental health conditions.
ICIJ’s Implant Files uncovered controversial deals between Medtronic and hospitals around the world. Now, a former U.S. sales representative alleges the company used kickbacks and pressure tactics to make sales, despite patient injuries.
Advocates have warned that criticism and challenges from business groups and their political allies are sowing confusion and fear among business owners.
The Treasury Department is expected to announce its plan to address a loophole that experts warn enables criminals to stash dirty money in the United States.
With help from PwC Cyprus, Hushang Ansary set up shell companies and oversaw a series of transactions that authorities say drained a Curacao fund holding pensions for 30,000 people.
The agency has dedicated a team to uncovering oligarchs’ assets stashed in South Dakota’s secretive trusts, which ICIJ’s Pandora Papers revealed are popular with bad actors seeking to anonymously hide wealth.
The U.S. government took "limited or no action" to battle secret offshore holdings, despite spending $380 million on a new initiative.