06/01/2017
EY highlights work still to be done on FATCA and CRS
Wendy Martin, EY Partner and Head of Tax in the Channel Islands, another speaker at the event, highlighted the importance of seeking advice and documenting policies and procedures.
Tax
05/31/2017
Tax office quiet about Panama papers mishap
The secretary of state insisted, however, not to expect any great results in terms of tax collection, particularly since the transfers to the offshore accounts.
05/31/2017
EU targets lawyers in tax-avoidance clampdown
Brussels is preparing to crack down on lawyers and accountants running tax-avoidance schemes for clients.
05/31/2017
Hogan rejects ATO boss 'settlement' claims
I'd have been quite happy to go to court
05/31/2017
KPMG-linked offshore companies ordered documents destroyed amid CRA probe
Department of Justice had demanded accounting giant preserve all records
05/30/2017
12 States With Great Tax Breaks for Retirees
So if you’re looking to flee a high-tax state, where should you go?
05/30/2017
Paul Hogan paid ‘tens of millions’ to ATO
Sometimes substantial amounts, in the tens of millions, are paid, and that covers the liability.
05/30/2017
Cut Corporate Taxes? This Is How the Biggest Companies Cheated on Taxes in 2016
The two banks combined to DEFER nearly $10 billion.
05/30/2017
Probe of Canadian tax cheats could lead to jail time
It’s the strongest signal yet that Canadians named in the Panama Papers could end up behind bars.
05/29/2017
Ukrainians crack down on Scottish tax-haven companies
Several SLPs have been named in Ukrainian criminal cases
05/29/2017
Commission welcomes adoption of new rules to block #TaxAvoidance
Today’s agreement will ensure that companies cannot avoid taxation by abusing mismatches between countries’ tax treatment of certain income or entities
05/29/2017
Bahamas Gov't Formally Indicates to OECD Interest in Acceding to Multi-Lateral Convention for Mutual Assistance in Tax Matters
The Government looks forward to continuing its work since 2009, in implementing greater transparency in Tax matters through the OECD’s Global Forum.
05/29/2017
Leak reveals Denmark's richest families have a quarter of their wealth stashed in tax havens
A broad majority in Parliament has joined colleagues in the EU in taking measures to combat the use of tax havens.
05/29/2017
Commission adopts new rules to block tax avoidance
Stops companies abusing tax mismatches between countries
05/28/2017
How Hong Kong can shed its reputation as a tax haven
Kalina Tsang says the government’s half-hearted attempt to enforce better information sharing with other jurisdictions to combat cross-border tax evasion does not go far enough, and it should be bolder
05/26/2017
Further US FATCA and CRS Notification and Reporting Update
Cayman Financial Institutions are reminded that US FATCA and CRS Notifications must be completed by 30 June 2017.
05/26/2017
Who doesn't know the Cayman Islands is a great place to hide money? The Cayman Islands
Vulnerabilities identified include the fact the majority of banks operating in the Caymans don’t have a physical presence in the country.
05/26/2017
Finance Minister Bill Morneau vows to close ’unfair’ tax loopholes
Commitment follows a Star investigation that detailed a culture of corporate secrecy that remains entrenched across the country.
05/25/2017
Data Mining to Find Tax Cheaters
That Swiss bank account may be closed—but it’s not forgotten.
05/25/2017
Malta's tax rules 'compliant' with EU legal principles
Tax system not harmful, discriminatory or secretive