Managers of Wealth Offshore

Breaking Bad to the Paradise Papers: all you need to know about money laundering

The art of hiding money from the taxman is under threat from laws demanding greater transparency

Bitfinex’s tax warning sparks angry responses

Bitfinex is now requiring users to give their tax information so that it can send it to BVI which will exchange it with your country's tax authorities.

OECD releases decisions on 11 preferential regimes of BEPS Inclusive Framework Members

Four regimes were abolished or amended to remove harmful features (Chile, Malaysia, Turkey and Uruguay).

Switzerland: Living and working in Switzerland 2018: A guide for foreign nationals relocating to Switzerland

Exemptions are applicable for intra company transfers of highly specialised employees or for positions in managerial roles.

Plans to extend offshore tax investigations come under fire

Increase in time limits for assessments is alarming, say accountants

Bahamas To 'Harmonise' Ibcs, Domestic Entities

Describing the EU's 'ring fencing' elimination demands as "an attack on IBCs"

Worrying rise in criminal and civil penalties aimed at advisers

Giving “anything but ‘vanilla’ tax planning is becoming dangerous for advisers”, as they face a rise in civil and criminal penalties aimed preventing tax evasion, James Quarmby, private client partner at Stephenson Harwood has warn

Fast uptake of global exchange of information for tax purposes is ‘admirable’

However, concerns about confidentiality and clients not understanding the magnitude of the implementation of global tax transparency remain

Real Madrid superstar Cristiano Ronaldo ‘wants club to pay £26.45m fine to tax office’ amid contract negotiations

Five-time Ballon d'Or-winner has reached a deal with tax authorities — but amount will be relevant to new salary in renewal

Concern about extension of time limits on tax investigations

At the Autumn Budget 2017, the Government announced that the assessment time limit for cases of mistakes or non-deliberate offshore tax non-compliance will be increased

The Sackler files: How the tax haven of Bermuda played key role in £10 billion family fortune

While their opioid painkillers are manufactured in Cambridge, it’s this nondescript office block in the Caribbean that is the nerve centre of the Sacklers’ tax avoidance strategy.

International Tax Issues to watch

To manage their transfer pricing exposure, multinationals should review their existing transfer pricing policy on a global basis.

Caribbean and Bermuda countries: First CRS reports due in 2018 for non-early adopter jurisdictions

To date, over 100 jurisdictions have signed or committed to sign the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA).

Luxembourg: Tax authorities to examine transactions with jurisdictions on EU list of noncooperative countries

The reporting requirement will apply for the first time in the tax returns to be filed in 2019 covering fiscal year 2018.

U.S. Banks' Love of the Caymans Shows There’s Still Room to Simplify, Fed Says

Regulators have been pushing the largest firms to simplify their legal entity structures since the 2008 crisis, as part of efforts to make them easier to wind down in case of failure.

Vizor AEOI Software adopted by Ministry of Finance, Government of The Bahamas

Vizor is proud to work with The Bahamas

Insurers: Vat Treatment Clarity 'Extremely Critical'

The Bahamas is one of very few countries to levy VAT on property and casualty insurance premiums

UK tax-haven move could have Irish business implications

Caveat: Tory rebels’ move will force overseas territories to open up shareholder registers

Actress Monica Bellucci suspected of having secret Swiss accounts

A Swiss fiscal investigation found a safe and several accounts in a Swiss bank, of which a part was said to be linked to a shell company in the British Virgin Islands, the Tages-Anzeiger reportedexternal link.

What’s Next for U.S. Taxpayers with Undisclosed Foreign Assets?

There are still many clients who are not aware of their disclosure and reporting obligations.