07/14/2017
The UK government has announced it will introduce long-anticipated changes to the rules governing non-UK domiciles “as soon as possible”, after they were postponed earlier this year because of the snap election.
07/14/2017
The new corporate criminal offence will attach to ‘relevant bodies’, including companies and partnerships, that fail to prevent the facilitation of UK and foreign tax evasion.
07/14/2017
The JIT report observed that his wealth started to increase in late 80’s and early 90’s.
07/14/2017
There are three key duties which centre on record-keeping, the provision of information to third parties in certain circumstances and submitting information to HM Revenue & Customs for purposes of its register of beneficial ownership.
07/13/2017
Switzerland was waiting to clarify the situation before exchanging further information.
07/12/2017
The Indonesian Finance Minister estimates that the country's wealth parked overseas amounted to as much as $74.68 billion.
07/12/2017
As part of the 2017 update, a number of changes and additions will also be made to the observations, reservations and positions of OECD member countries and non-member economies.
07/12/2017
There may be an extended period for adjustments but that will be all
07/11/2017
Since January, when he moved into the White House, the Trump administration has made several announcements about tax changes, but said nothing about FATCA.
07/11/2017
CbCR was introduced to improve transparency.
07/11/2017
The second element is criminal facilitation of that evasion by an associated person of the relevant business.
07/10/2017
We will appropriately impose taxes on rich people
07/07/2017
It’s a virtuous circle of mutual benefit.
07/06/2017
The report, released today, updates progress in key areas of OECD-G20 tax work, including movement towards automatic exchange of information between tax authorities and implementation of key measures to address tax avoidance by multinationals.
07/06/2017
By joining the Inclusive Framework, Barbados will work on an equal footing with all other Inclusive Framework members on the implementation of the BEPS package and on developing further standards to address the remaining BEPS issues.
07/04/2017
Malta's tax regime in particular came under the microscope
07/03/2017
The workshop was organised by FIRS, Global Forum on Transparency and Exchange of Information for tax Purposes.
07/03/2017
Under new rules the real owners of such firms – marketed globally as “zero-tax Scottish offshore companies” – must make themselves known.
07/02/2017
TheCable understands that the scheme, which will run for nine months, is a grace period for the celebrities to make amends of face the full wrath of the law, which could include jail term of up to five years.
06/30/2017
The Panama papers leak in May last year demonstrated how a complex corporate structure, often set up offshore, can be used to hide millions of dollars from tax authorities.