Managers of Wealth Offshore

Experts weigh in on VAT rules for emerging financial services, at high-level conference

When it comes to VAT in the financial services sector, we are still applying a legislative framework that was drafted decades ago

Baker Tilly International rises in rankings to 8th largest global accounting network

There was expansion in all regions across the Baker Tilly network last year, as well as significant growth across all the network’s service lines.

Baker Tilly International Rises in Rankings to 8th Global Accounting Network

In October last year, Baker Tilly was named among TIME’s World’s Best Companies, recognised globally for excellence in growth, culture and sustainability.

Hong Kong proposes 0% tax expansion for its fund managers

Under a bill expected to reach the city’s Legislative Council by mid-2026, the tax break would extend beyond private equity to cover hedge funds, venture capital, private credit and family offices.

Breaking Down Barriers to International Tax Enforcement

U.S. financial intelligence units need better access to tax data.

Barbados Strengthens Ties with Hong Kong with new Double Tax Agreement

From a business perspective, DTAs go beyond just being technical tax tools, they are vital enablers for international investment for both named jurisdictions.

States Should Be Doing More About Corporate Tax Avoidance. New Mexico’s Tax Conformity Law Shows How.

It is the somewhat reworked successor to GILTI, or Global Intangible Low-Taxed Income (GILTI), which was first enacted at the federal level in 2017.

Guernsey industry group urges alternatives to goods and services tax

Garin Dart, CGi Chair, said: “We have been unequivocal for many years in opposing GST as it is regressive."

Labour calls for tax investigation into Reform's Tice

Tax avoidance is different to tax evasion, which is a criminal offence.

Korea, Cambodia deepen tax cooperation amid rising offshore evasion

The NTS said both sides agreed that closer cooperation had become more important as offshore tax evasion grows more sophisticated

Revenue service opens 2025 returns despite backlog

Although some islanders are still waiting for an assessment or repayment, the Revenue Service encouraged people to complete their 2025 tax return.

P&R takes territorial tax idea off the table altogether

It is a move that is sure to please the island’s financial services industry

Raise taxes on super rich New Brunswickers instead of cutting services: open letter

Grassroots group calls for change in response to pre-budget consultations foreshadowing austerity measures

DPM: Government will be “watching the tills” to ensure VAT savings reach consumers

He noted that consumer protection authorities will closely monitor retailers to ensure that the benefits of the tax reduction reach the public and are not absorbed into private profit margins.

Tax on profits ruled out as too risky

Independent experts advised against it, and the sub-committee concluded that now was not the right moment to take the risk.

When switching offshore investments into an endowment stops making sense

Offshore endowments can offer estate planning advantages, but the upfront capital gains tax when switching only makes sense when embedded gains fall below a specific threshold.

CIIPA contributes to global talks on accountancy standards

“Collaboration at this level strengthens not only individual organisations, but the profession as a whole.”

Tax reform calculator launched in Guernsey

The calculator asked people to enter financial details, including their income, savings, benefits and expenditure, and no details were saved, bosses said.

Switzerland May Require More Tax Increases To Balance Budget

The Swiss Government earlier noted, "Without EP27, the federal Government would need to find ways to offset the unchecked growth in costs.

Politicians set to vote on postponing new tax

The treasury has argued this will mean most lower and middle earners will have more money to spend under this new package.