02/20/2018
Surprise dip in tax from offshore-held property
HM Revenue & Customs has reported a surprise drop in the annual tax enveloped dwellings (ATED) take, which is payable mainly by companies that own UK residential property valued at £500,000 or above.
02/20/2018
The bank paid the French government 300 million euros ($370 million) in November to settle allegations that it helped clients hide assets from local tax authorities.
02/19/2018
Where are you considered a tax resident? By now, Bermuda residents with any local bank, investment, trust, corporate or other financial accounts should be very familiar with this question.
02/19/2018
Among the more vocal international groups are the United Nations, the World Bank, the Organization for Economic Cooperation and Development, and the International Monetary Fund.
02/19/2018
Holders of Category 2 status are liable to income tax on only the first GBP80,000 of income.
02/19/2018
A new entrepreneurial development program will be funded by a charge of 5 cents per minute on incoming calls.
02/19/2018
This spirit of cooperation is coupled with the teeth of enforcement, as the enactment of the UK Criminal Finances Act, extends extraterritorial reach to individuals and entities that fail to implement policies and procedures to prevent the facilitation of
02/19/2018
Smith’s appearance at the Cayman Alternative Investment Summit brought the two-day conference to a close and followed past years of bringing celebrities to Cayman, including Arnold Schwarzenegger and Al Pacino.
02/16/2018
Other Israeli citizens are taxed on all their income – whether earned domestically or abroad.
02/14/2018
Despite the picture painted in the BBC’s recent McMafia series, the UK is not necessarily awash of dubious foreign wealth. But what is the UK doing to clampdown on money laundering and increase transparency?
02/14/2018
Two years later, an automatic banking information exchange agreement with Switzerland was signed, which entered into force in 2018.
02/12/2018
The 65-year-old appealed his three-year sentence
02/09/2018
Taxe 3 inquiry marks a further threat from the EU to the UK’s network of offshore tax havens
02/08/2018
Sánchez is the latest football player to be targeted for tax evasion by the Spanish authorities, alongside similar efforts by the UK’s HMRC to go after high-profile tax evaders and avoiders.
02/07/2018
The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry.
02/06/2018
JERSEY has dropped two places to 18th on a ‘financial secrecy’ list of jurisdictions compiled by a pressure group that campaigns for fair taxation and transparency.
02/06/2018
The initiative, which began in 2012, targets multinational companies that use tax planning strategies that exploit gaps and mismatches in tax rules to shift profits to low or no-tax locations where they have little economic activity
02/05/2018
Changes included agreements with offshore low-tax havens such as Switzerland
02/01/2018
The paper said 16 out of 17 Danish pension firms it polled invested in countries seen as tax havens.
02/01/2018
South Africa’s secrecy score is, however, the lowest of the nine African jurisdictions included in the 2018 FSI.