Managers of Wealth Offshore

No sign of additional income sources in Galdes tax returns

Affordable housing minister facing scrutiny for building a property portfolio in Malta and Italy

Bowe warns that VAT changes penalize compliant businesses and complicate tax system

According to Bowe, denying or delaying legitimate VAT refunds does not reduce the tax burden—it merely shifts it.

Non-compliant taxpayers ‘rewarded’ by VAT system

In one case, interest amounting to €74,887 was paid for a four-year period on a VAT refund payable to a taxpayer whose income tax returns for 2019 and 2020 were submitted two years’ late.

Government to deduct corporate taxes from delayed payments owed to businesses

Some business owners proposed that taxes owed to MIRA be deducted directly from payments due from the government

Tax reform expected to push Brazilian wealthy to invest more abroad

Nau Capital and Avenida gather 40 family groups with average wealth of R$300m for immersion event: dividends, alternative assets, tax strategies, and rare wines

IMF raises Bahamas’ growth, calls for income tax, 15% VAT

The Davis administration has already repeatedly asserted that personal income tax, as well as what would be a 50 percent hike to the present VAT rate, are not being considered by the Government.

Should residents withhold taxes over poor roads?

Grant, however, cautioned against shifting core responsibilities away from the state.

Tribunal orders HMRC to disclose documents to taxpayers in offshore trust case

The specific decision in question was a case management decision concerning a disclosure application by the appellants seeking disclosure of specific documents from HMRC.

Reform of behavioural tax penalties

Considering these forthcoming changes, taxpayers are advised to monitor legislative developments

Tax crackdown hits offshore property owners as 26 countries agree to automatic monitoring, forcing hidden real estate into the open

The pledge from 26 jurisdictions represents a watershed moment for tax compliance.

UK should boost tourism in offshore tax havens, says government adviser

Margaret Hodge urges Britain to help its overseas territories in return for them implementing financial transparency rules

Law firm highlights wider reach of new tax credits

The Act, which largely mirrors September’s draft, is expected to pass no later than December 15 and will apply from the first fiscal year beginning on or after January 1.

Tax collection and compliance in Ireland

In 2024, the Irish government published the Heads of Bill for the Tax Appeals Commissioner (Amendment) Bill (the Bill)

Tax authority acknowledges ‘combative’ perception, seeks more inclusive approach

She noted that tight deadlines and fiscal targets sometimes force tax authorities to confront taxpayers aggressively.

Bermuda: Corporate Income Tax Credits

It is important to note that the criteria for benefiting from tax credits is completely independent from the question of whether a corporate group is in scope of Bermuda’s new corporate income tax.

The end of the UK Non-Dom Regime and other UK tax changes

Discover the UK tax changes and why Switzerland is the smart alternative for global private clients.

Govt Introduces 15% Tax On Offshore Digital Services

The new tax will affect millions of Zimbabweans who use streaming services, ride-hailing apps, online content platforms, and satellite internet services.

Summary of Guernsey taxation

A Guernsey resident individual can elect for a cap on their income tax liability.

A quiet Budget for Guernsey, but of interest to local trustees

The much-hyped changes applying inheritance tax to agricultural property announced in 2024 were refined yesterday

The new plan for improving Guernsey’s Revenue Service

Deputy St Pier added that the manual clearing of this backlog remains the “top priority”.