Managers of Wealth Offshore

Recent developments under FATCA, U.S. withholding tax, and global information reporting

113 countries had entered into intergovernmental agreements

HLB International Adds Member Firm in Cayman Islands

They support companies and organisations of all sizes including government bodies and not-for-profit associations.

Non-doms add almost £10bn to UK coffers

The report will henceforth be published annually and it covers the years from 2007-2008 up to 2014-2015.

India, Switzerland have robust cooperation in combating tax evasion, black money: PM Modi

Thanking Switzerland for its continuous support of India's bid for Nuclear Supplier's Group (NSG) membership, Modi said that he is grateful to Switzerland for supporting India's membership in the Missile Technology Control Regime (MTCR).

IRS May Consider Bitcoin Cash Fork Taxable Income This Year

Some bitcoin holders delay dealing with bitcoin cash or their exchanges do not support it, making it difficult to retrieve the cryptocurrency soon after it was created.

Large Companies Oppose Idea for Taxing Foreign Profits

Congressional Republicans are weighing minimum tax, but alliance warns of unintended consequences

Cayman Islands: Statement To The Legislative Assembly Global Forum On Transparency And Exchange Of Information For Tax Purposes Report

The 2013 report was based on the Global Forum's 2010 terms of reference.

S African expats must assess tax liability before September

If the proposals are enacted in their current form, expats living and working in countries where tax is not paid on their earnings will have to start paying up to 45% of the sum to the South African Revenue Service

IRS Hunts Bitcoin User Identities With Software In Tax Enforcement Push

It takes time for people to adapt, and that is one reason compliance may be poor so far.

Court determines IRS properly denied discretionary tax treaty benefits

If the competent authority of the State in which the income arises so determines after consultation with the competent authority of the other Contracting State.

OECD report: Cayman remains ‘largely compliant’

The latest assessment noted.

Millions of taxpayers sent warning about secret offshore accounts

Financial advisers rush to get across HMRC ‘come to us before we come to you’ message

Canada professionals hit out at stricter voluntary disclosure

The existing VDP is too lax and allows some individuals and companies to avoid paying what they owe.

Cayman still has work to do to satisfy OECD

The lack of a comprehensive system of oversight was identified and a recommendation remains from the first round of reviews in this regard.

'Life-changing consequences:' HMRC warns on risks of hiding wealth offshore in new crackdown

Holding assets offshore is not illegal, as long as all taxable income and gains are declared on a UK tax return.

HMRC winning majority of tax avoidance cases

One of the three cases lost by HMRC concerned Investec

Ireland compliant with new tax rules: OECD

Ireland and Norway only two countries to get top rating on tax and financial transparency

Could Puerto Rico Be the Next Hot Tax Haven?

A loophole may make it a good place for foreigners to keep cash.

Is Italy the newest tax haven for non-doms?

Many long-term UK-resident non-UK domiciled individuals may be wondering where to move to next, now that the government has confirmed that the long-awaited changes to the taxation of non-doms will indeed apply from 6 April 2017. Non-doms who have been UK-

Jersey property companies lose tax residence case

The exclusion from capital gains tax for these vehicles only applies where the vehicle is “centrally managed and controlled” outside the UK (this being the test for UK tax residence).