Managers of Wealth Offshore

Australia Provides Update On International Tax Enforcement

Next he discussed the transfer of intellectual property offshore, describing it as a growing concern for the ATO

TV star facing huge bill after investing in £500 million offshore tax avoidance scheme

The actor, who plays Ken Barlow, invested in Twofold First Services LLP, owned by a company in the Cayman Islands

Offshore UK jurisdictions react to latest tax avoidance inquiry

Awareness of the inquiry was heightened by the publication in the UK’s Guardian newspaper, also last week, of comments on the matter by John Mann, a Labour party MP who is chairman of the Sub-Committee overseeing it.

States ‘happy’ to work with critical Labour MP

THE States have said they are happy to work with a UK Treasury sub-committee whose chairman this week accused the Island and similar territories of being used to exploit ‘holes in the tax system’.

Taxpayers with undisclosed foreign accounts need to COME FORWARD NOW.

If you are a Taxpayer with unreported foreign financial assets and have failed to file foreign information returns, consult your specialized tax Representative NOW.

Insurance Chair Urges: We Must Shed 'Tax Haven' Label

The sustainability of the financial services industry and economy as a whole must be the driving force, and not necessarily the motivation to get off an adverse listing.

Tax concerns leading a record number of American ex-pats to renounce citizenship

FATCA requires American financial institutions and corporations to disclose if any of their employees or clients are U.S. citizens living in Canada.

HMRC publishes new guidance on offshore tax offences

New online guidance setting out taxpayers' responsibilities in respect of offshore income, assets and activities has been published by HM Revenue and Customs (HMRC).

US FATCA and CRS Update - Conyers

All Cayman Financial Institutions must remediate any affected accounts by 31 December 2018 so that they are in a position to report on Controlling Persons who are Reportable Persons under the CRS in 2019 based on the 10 per cent threshold.

Tax avoiders’ accountants may have to give evidence to MPs

Subcommittee of MPs to investigate facilitation of avoidance, in wake of Panama and Paradise Papers

Tax Reform Key To Get Bahamas To ‘Mid-Shore’

Acknowledging the concern and apprehension whenever ‘tax reform’ is mentioned, Mr Paton said it will have to be implemented in a way that broadens the base without increasing the burden on individual Bahamians and businesses.

EU tax committee to focus on Crown Dependencies

Move follows Paradise Papers revelations

Turks and Caicos : Financial institutions must file accounts reports

Financial institutions will be required to notify and report information to the ITA via Exchange of Information Unit (EOIU).

OECD issues interim report on tax challenges arising from digitalization

There is no consensus agreement among countries over the tax implications of scale without mass and a greater reliance on intangibles.

Cayman Islands AEOI portal reopens with new guidance

Cayman FIs with external service providers, such as administrators, undertaking their CRS due diligence should discuss this requirement with their service provider to ensure that it is being met.

Corporate Taxation On The Way For Bahamas

The new Bill also tackles another EU concern by eliminating ‘ring fencing’, or the existence of preferential tax regimes for foreigners/non-resident entities, by enabling IBCs and the other corporate entities to conduct business in the domesti

Revised Swiss corporate tax reform plan unveiled

Following a consultation period, the Swiss government released the final version of its latest reform proposal on Wednesday.

Offshore tax havens with a grip on multimillion pound Islington properties

The collective value of the properties comes to £773m. However, as only a fifth of properties within the data provide a sale price, the true figure could be as high as £3.5 billion.

No fines deducted through “Cayman Tax”

Sabrina Scarna, a tax lawyer with Tetra Law, also believes that the lack of fines is logical at this stage.

Cayman Maintains a Private Equity Pre-Eminence

Cayman continues to refine its laws and regulatory framework to ensure it meets the ever-increasing demands of the private equity industry and has proven its ability to respond and adapt to demands from around the world.