11/17/2017
UK offshore tax evaders face 200% penalties
Offenders can discount their way down to the minimum depending on the seriousness of the failure, the quality of the disclosure and the level of cooperation.
11/16/2017
House Passes Sweeping Tax Reform Bill
The first time in 31 years we are wiping the tax code clean and replacing it with one that is fairer and simpler for everyone.
11/15/2017
CEOs aren't so sure they'll invest their offshore cash in the U.S.
All of those earnings are trapped offshore and the penalty to bring that money back on shore is too high.
11/14/2017
Cyprus-Iran Double Tax Treaty to take effect 1 January 2018
The Treaty is expected to further foster trade and economic relations between the Contracting States and to offer certainty and fiscal incentives for investors looking to invest into and out of Iran, via Cyprus.
11/14/2017
Tighter offshore trust and tax regulation in budget says RSM
A potentially misconceived public perception of offshore trusts and tax law is putting pressure on chancellor Philip Hammond to further tighten regulations in the upcoming UK budget, according to experts from consulting firm RSM.
11/14/2017
Bahamas Must ‘Get Across Line’ On Tax Automatic Exchange
Hopefully it gets on the agenda this week or the week after.
11/13/2017
India, Hong Kong To Sign Double Tax Pact
It will improve transparency in tax matters and will help curb tax evasion and tax avoidance," the Government announced.
11/10/2017
Government plays for time - again - on Swiss Leaks
So far 92 of 96 taxpayers investigated
11/10/2017
‘Paradise papers’ divert attention from real tax issues
The blanket assumption that “offshore” is “illicit” creates an ill-informed debate that revives “tax haven” stereotypes from an era before globalisation
11/10/2017
Changes to the taxation of non-doms – where are we now?
These tax changes have undergone a tortuous 28 month consultative and legislative process with a number of delays, changes and backtracking by the Government.
11/10/2017
The non-family chairman's statement addressed the Grosvenor family’s offshore and onshore tax liability, the size of its estate, and the amount of inheritance tax paid after the death of the sixth Duke of Westminster last year.
11/08/2017
What to do if you fear exposure in the Paradise Papers by Mike Down
With daily revelations from the Paradise Papers, what can individuals worried about their offshore tax affairs be doing to put things right?
11/08/2017
According to a statement issued by her media aide, Mr. Oluyinka Akintunde, she was responding to a question about the legality or otherwise of the use of offshore tax shelters.
11/08/2017
More broadly, this Forum brought together a wide range of countries to share best practice to mobilise a 'whole of government' response to financial crime
11/08/2017
Questions raised over procedures followed in agreement with Procter & Gamble
11/07/2017
Paradise papers are fake news and journalists should be in prison, slams Cayman financier
Offshore tax havens are “fake news” and the journalists who leaked the paradise papers should “be in prison”, claims the Chairman of the Cayman Islands Stock Exchange.
11/07/2017
UK politicians’ pension fund holds offshore investments
MPs’ retirement fund has £6.6m in BlackRock’s Jersey-registered property trust
11/07/2017
Grandstanding politicians are wrong. Offshore finance is legitimate and beneficial
Disclosures from the Paradise Papers continued to drip out with Apple and Serco implicated.
11/06/2017
Paradise Papers Expose Rich And Famous Using Tax Havens
The paper called in the International Consortium of Investigative Journalists to oversee the investigation.
11/06/2017
MFSA chief linked to BVI-Russia investment
Bannister referred to in e-mails as part of 'management'