Managers of Wealth Offshore

Caribbean Tax Havens Like Barbados Face New Pressure, With Economic Costs

But the Caribbean side of this story is often overlooked amid all the disclosures of hidden money

OECD releases second round of peer reviews on implementation of BEPS

The seven jurisdictions concerned are already working to address most deficiencies identified in their respective reports. The OECD will continue to publish stage 1 peer review reports in accordance with the Action 14 peer review assessment schedule.

CARICOM denounces EU blacklisting of Caribbean countries

This decision by the EU has been based on new and unilaterally-determined criteria

Puerto Rico Suffers From ‘Hypocritical’ Tax Bill, Officials Say

Rossello promises that the plan’s supporters will be singed

Bermuda becomes first UK Overseas Territory to sign landmark agreements with US and UK

The UK agreement also enables automatic reporting of corporate income for UK tax purposes

Finally there! – The UK taxation of foreign domiciles

Although there had been numerous calls for these rules to be delayed given both their complexity and removal from the first 2017 Finance Bill, both the nature and timing of these changes are finally clear

Using tax havens is morally wrong, think most Canadians: survey

The advocacy groups Canadians for Tax Fairness and Leadnow commissioned the survey which also found that 87 per cent of Canadians want the law changed to make tax havens illegal.

Guernsey wants off tax haven blacklists

We are committed to the highest international standards of compliance, tax transparency and neutrality

Bahamas Faces Major Tax, Exchange Control Shake-Up

The Bahamas was also simultaneously pursuing “the next step” of compliance with the OECD’s BEPS initiative

AIB denies providing tax advice to offshore customers

Paradise Papers show bank declined to give the Revenue Commissioners access to data

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