Managers of Wealth Offshore

Overview of tax information exchange in the British Virgin Islands

Failure to comply with an EOI obligation in the BVI may constitute a criminal offence punishable

KPMG revenues grow strongly to record $26.4 billion

KPMG has been recognized as a leader in the drive toward inclusion in the workplace

Switzerland should not act alone against tax havens

The Panama Papers, leaked from the Panamanian law firm Mossack Fonseca and published in April 2016

Facebook to pay 'millions more' in tax after agreeing to record sales in the country they are made

In the face of political pressure to change this, Facebook last year said it would book sales from large British customers in the UK.

Liechtenstein says didn't press for Swiss inclusion on EU tax havens list

Both countries have oversized financial industries and in the past have drawn scrutiny as places to stash offshore wealth.

Greylisting is not a disaster says tax expert

The Isle of Man was one 47 other jurisdictions put on a grey list of those deemed not to be fully compliant with EU and international tax standards.

IRS Bitcoin Hunt Ramps Up, But Tax Amnesty Could Follow: Expert Blog

It is well-known that the IRS is looking hard at Bitcoin and other cryptocurrency transactions, hoping to scoop up some tax dollars.

Cristiano Ronaldo May Be Fined at Least $35.3Mln for Tax Evasion - Reports

Ronaldo is accused of defrauding the Spanish Treasury of 14.7 million euros in taxes from 2011 to 2014, with the court hearing on the case set for December 22.

Offshore advisers fear new regulatory burden from HMRC

Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.

Mauritius commits to avoiding ‘harmful’ tax features

Mauritius remains a fully cooperative jurisdiction

Panama eyes S. Korea alliance to get off EU tax haven list

Panama, South Korea and the United Arab Emirates were the most prominent countries on the list.

Korea collects W1.14tr in taxes from offshore tax evaders

In 2016, the NTS collected a total of 1.3 trillion won from 228 overseas tax dodgers.

Jersey tax experts highlight key changes in UK’s Budget

The stated intention is to ‘reduce the incentive for multinational groups to hold UK property through offshore structures, often in low-tax or no-tax jurisdictions’.

EU decision reaffirms Guernsey’s status as a cooperative jurisdiction

Guernsey Finance Chief Executive Dominic Wheatley said it was no surprise that the island continued to be endorsed as an excellent and cooperative international finance centre by the EU.

EU blacklist names 17 tax havens and puts Caymans and Jersey on notice

Brussels identifies 17 states including South Korea, Barbados, Panama and UAE with 47 others such as the Isle of Man and Bermuda warned

Bahamas 'Done Everything Possible' To Avoid Blacklist

The EU has yet to reveal what sanctions/counter-measures it plans to deploy against 'blacklisted' nations

Hong Kong’s low taxes should not make it vulnerable to money launderers

Kalina Tsang and Eryn Schornick say the city must set up a public central register of beneficial owners to make it less attractive as a tax haven

Seen and Heard: Revenue chasing banks on offshore clients

Dublin link to Uber case revealed as BoI reported to offer worst deal for tracker clients

I-T dept serves notices to over 50 individuals in HSBC Geneva case

The tax department is keen to start process before the year-end.

Prince Andrew defends Queen in Paradise Papers tax row

The Duke of York defended the investment as he spoke about his plans to emulate Prince Albert as the “entrepreneur-in- residence” at Buckingham Palace.