08/07/2017
Moscow Musings: The Future of Offshore
We are very unlikely to see a return to the volumes of corporate business involving Russia seen by offshore finance centres in the past.
Tax
08/07/2017
Hong kong singapore and china get tough tax havens
In an effort to create a ‘level playing field’, Asian economies are committing to new standards of transparency
08/07/2017
Tax panel backs HMRC drive against salaries paid in gold
Ruling follows company’s offshore tax avoidance scheme
08/04/2017
CRS/FATCA Deadline in the Cayman Islands: Final Extension
Deadline for new Notification (Registration) and Variation of Reporting (Notification) Obligations for US FATCA/CRS
08/03/2017
The Panama Papers and privacy
How can the law balance the greater push for transparency with tackling offshore tax evasion?
08/03/2017
Sars will now find you and tax you, no matter where in the world you hide
“Naturalisation is not required to be subject to tax in South Africa."
08/03/2017
Unsuspecting advisers face £3k HMRC penalty
The tax world is becoming more transparent.
08/02/2017
Costa Rica: Tax reform is needed to ensure inclusive growth
OECD Tax Policy Reviews: Costa Rica 2017 provides an in-depth assessment of Costa Rica’s tax system and underlines the key tax policy challenges facing the country.
08/02/2017
SA taxpayers with offshore cash, assets given deadline to disclose info
The deadline for the Special Voluntary Disclosure Programme is August 31, 2017.
08/02/2017
Would a Territorial Tax System Help Investors?
Total shareholder return likely would rise only slightly if repatriated, foreign-earned profits were no longer taxable in the U.S., a study finds.
08/02/2017
CRA getting tougher on tax evasion - Fasken Martineau DuMoulin
The CRA is actively gathering information from domestic and international sources to identify and charge offenders criminally.
08/01/2017
Deloitte Channel Islands Tax Bulletin 2017
Guernsey has also released notice 2017/5 which provides further detail on the application of CRS and US FATCA to pensions schemes.
08/01/2017
HSBC in Wider ‘Criminal’ Tax Probe on Swiss Private Bank
Most of the tax authority investigations concern HSBC’s Swiss private bank.
08/01/2017
Fighting tax evasion will be presidency priority for Austria
Hans Jörg Schelling outlines goals for when European Council role rotates to Austria
07/31/2017
How much of the world's wealth is hidden offshore?
Are you bored and confused yet?
07/31/2017
US, Turkmenistan ink deal to implement FATCA provisions
The automatic exchange of financial account information for tax purposes has become the global standard in the effort to curtail offshore tax evasion.
07/31/2017
The Malta Pension Plan – A Supercharged, Cross-Border Roth IRA
A Roth IRA may be the best vehicle available to achieve these goals.
07/27/2017
Panama Papers & Ultimate Beneficial Ownership: One Year On
Improving the transparency of company ownership and control has always been a key element in Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CTF) legislations.
07/26/2017
PFIC, CFC and K-1s: US tax implications and reporting requirements with US investors in offshore funds
FATCA has a further complicated the situation, funds now have to either file on behalf of the US investors or at a minimum provide the necessary tax information.
07/26/2017
Accountants and planners slammed for ‘offshoring’ client details
The type of work being offshored included everything from administration tasks to detailed financial and accounting work.