Managers of Wealth Offshore

Tax man to be quizzed about F1 deal

The Public Accounts Committee recently raced into the spotlight in sport when it investigated footballers avoiding tax on income from image rights.

Oxfam Keeps Pressure On Bermuda As Tax Haven

The report listed 2015 Bermuda figures for European-based banks as a turnover of nearly US$309 million.

Indonesia to widen crackdown on tax evaders as amnesty ends today

Mr Widodo is banking on revenue from the amnesty to fund billions of dollars in infrastructure projects as South-east Asia’s biggest economy struggles to return to historic levels of economic growth.

Australia identifies over 340 names with secret Swiss accounts

The message from these investigations makes it clear that governments worldwide are shining a light on offshore tax evasion, and it's only a matter of time before you're in the spotlight.

Technology offers critical solutions to prevent, identify and tackle tax evasion and tax fraud, says OECD

Technology Tools to Tackle Tax Evasion and Tax Fraud demonstrates how technology is currently being used by tax administrations in countries worldwide to prevent, identify and tackle tax evasion and tax fraud.

Crown Dependency Tax Reporting Bulletin

Guernsey Tax Bulletin

We lose £11.4bn a year in tax evasion – won’t we need that post-Brexit? - George Bull

We’ve been studying HMRC’s tax gap figures spanning six years. The results are startling. While tax avoidance is at its lowest level ever, tax evasion and the hidden economy seem to be increasing inexorably, costing the UK £11.4bn a year

Indonesia to Widen Crackdown on Tax Cheats as Amnesty Closes

Widodo, known as Jokowi, is banking on revenue from the amnesty to fund billions of dollars in infrastructure projects

Rich people love tax havens—and under Trump, the problem will only get worse

The allegations shed that much more light on the murky world of offshore financing.

Kenya to Launch Tax Amnesty

Taxpayers who make use of the tax amnesty to disclose their businesses, property, income and assets overseas, will enjoy a waiver for the taxes, interests and penalties for the years up, and including, to 2016.

Canada Revenue Agency executes search warrants against a tax scheme promoter

The CRA is always on the lookout for illegal tax schemes and those who promote them.

HMRC fails to clamp down on tax evasion as avoidance plummets

However, over the same period the amount of revenue lost via tax evasion

Macau to Implement new rules on Tax Information Exchange

The ultimate goal of such systems is to help to fight fraud and tax evasion and avoidance.

Common Reporting Standard Update for the Cayman Islands

The CRS AEOI Portal and CRS return submission functionality is anticipated to be operational around mid to late April 2017.

2,000 taxpayers call Revenue helpline in offshore crackdown

The Revenue Commissioners wrote to about 500,000 self-assessed taxpayers earlier this year, urging them to reveal any previously undisclosed offshore assets they might have.

UK delays non-dom tax changes to offshore trusts until 2018

The UK government has delayed changes to the treatment of overseas trusts held by non-UK domiciles.

Singapore Top Contributor for Tax Amnesty Asset Declaration

Meanwhile, for foreign assets declaration the second highest position after Singapore is the British Virgin Islands with IDR76.92 trillion

Tax haven debate shows many people don't know the difference between a business and a company

Companies exist to box up ownership and control and allocate responsibility and risk.

Australia now officially has a 'Google tax'

Nevertheless, in a local context the Diverted Profits Tax, informally dubbed Australia's "Google tax", has already had a big impact on the behaviour of multinationals.

Which countries’ tax authorities share data with Revenue?

Revenue has agreements in place that cover more than 100 jurisdictions