JK Rowling and Ed Sheeran are among the UK's top tax payers, with the top 100 contributors collectively paying £5.35bn in taxes last year, as ranked by the Sunday Times.
On Tuesday, senior lawmakers in Congress unveiled a bipartisan deal aimed at expanding the child tax credit and introducing several tax breaks for businesses. The $78 billion tax agreement, brokered by House Ways and Means Chair Jason Smith (R-Mo.) and Senate Finance Chair Ron Wyden (D-Ore.), comes after months of negotiations in the divided Congress.
Actor Arnold Schwarzenegger was detained in Munich over alleged tax evasion related to a luxury watch, as he was on his way to an auction.
In a recent development, renowned singer Shakira has reached a deal to resolve her Spanish tax fraud case. This highly publicized legal battle comes to a close as the multi-talented artist agrees to pay a substantial sum and regularize her fiscal situation.