Managers of Wealth Offshore

'No easy solutions' in reforming islands' tax

St Pier said an increase in income tax was previously rejected in favour of GST.

Corporate income tax agency head in Paris for OECD talks

“It was initiated by the US,” Mr Skeet said, which does not want to have US-headquartered companies subjected to Pillar Two of the OECD’s international tax framework.

Check claims for foreign tax credit relief, says HMRC

If the taxpayer finds that they have made an error in their tax return for 2023/24, they should amend their return.

Russia to remove UAE from tax haven blacklist Jan 1

The new agreement regulates the procedure for taxing the profit (income) of all residents of the two countries, and stipulates tax rates at the source of no more than 10%, applicable to income in the form of dividends, interest and royalties.

States 'on track' to debate corporate tax reform

Clearly part of the GST envisages some significant reductions in income tax through increasing allowances and through a new lower rate band.

Opus launches new restructuring team in Bermuda

The launch of a new Bermuda-based office focused on restructuring, insolvency, and forensic accounting comes in response to growing demand for specialist advisory services for mid-market companies in the region.

Audit Chamber Flags Two Major Loans Blocking Curaçao’s Clean Audit

The Chamber warns that unless these issues are formally resolved, they will continue to create legality and reliability errors that prevent auditors from issuing an unqualified opinion.

Deputy Parkinson insists States is still underestimating corporate tax revenue

This was based on concerns that the States may be overestimating the amount of revenue the tax will bring in which has the effect of overstating the current financial health of the island.

HMRC won't admit how much tax is lost offshore

The taxman has the numbers needed to estimate how much cash is lost to overseas havens – but it isn't sharing the details

Autumn Budget 2025: What NIC changes could mean for professional services firms

Such a move could have significant implications for professional practices, including those in the financial services sector.

UK weighs 20 per cent exit tax on wealthy emigrants

The measure could generate around £2 billion in additional revenue

Massachusetts Targets Offshore Corporate Gains After GOP Tax Law

Nearly half of the state’s Democratic-controlled legislature has signed on to the legislation, which could get a floor vote as soon as early next year.

Guide to tax on investment funds in Ireland

Non-resident and exempt Irish investors are not subject to Irish tax on their investment

Malta’s VAT gap over twice EU average

Malta’s tax authority faced a VAT gap of 24.2% in 2023, more than double the EU average

Deloitte Malta named ‘Tax Firm of the Year’ for the 11th time

The ITR awards celebrate firms demonstrating innovation, impact and excellence in managing complex tax projects

A proactive approach to lead change in taxation

Malta Tax and Customs Administration must not just respond to change, it must lead it

Goodbye, tax havens? OECD and EU tightening on new tax rules.

The era when simply opening an account in a “restricted” country was enough to avoid national taxes is over.

Chancellor poised to end LLP tax breaks for lawyers

According to the Centre for the Analysis of Taxation (CenTax), solicitors receive a fifth of all partnership income, averaging more than £300,000 a year each.

Opposition leader attacks government’s ‘tax and spend’ approach

He said the reduction would exclude companies to prevent investment abuse.

France’s wealthy shift funds to Luxembourg and Switzerland

Political turmoil and tax threats have accelerated investment flows to havens, asset managers say