Managers of Wealth Offshore

Domicile, Tax And Trusts – Reforms Afoot

The concept of deemed domicile is being extended to all UK taxes, including income tax and capital gains tax.

Worried about Revenue clampdown on offshore assets

There also hasn’t been any trading in the foreign currency which might give rise to capital gains.

HSBC discloses tax evasion probes

HSBC further said it has set aside USD 773 million over Rs 5,000 crore as a provision for various tax- and money laundering-related matters.

Out to prove S'pore is not a tax haven

Former judicial commissioner Edmund Leow is back practising the branch of law he loves

Widespread relief as FATCA passed

We are not certain that the Board of Inland Revenue has the capacity to make all this information available to the US if they are called upon to do so.

French judges begin hearing giant tax case

The so-called France Offshore Affair has been in the headlines for years.

HSBC reveals it is being probed for helping clients dodge taxes

The banking giant also said offshore accounts of four Indians and their families were being probed by Indian tax authorities

One last chance to take advantage of offshore trusts? - Harneys

Once deemed domiciled, their worldwide assets will be subject to UK inheritance tax.

Credit Suisse’s Israeli Desk in New Tax Evasion Probe

The investigation focuses on the bank’s Israeli desk, which has hundreds of clients.

Cayman Islands vote could pull back veil of secrecy for businesses

The Cayman Islands, a U.K. territory long considered to be an offshore tax haven.

Get serious, pass FATCA today

Where it again highlighted the severe impact of FATCA non-compliance.

New tax measure takes aim at Offshore Trusts

What appears to be targeted is the fairly common situation in which an offshore discretionary trust is established and holds the shares in an offshore company.

Only 15 taxpayers voluntarily disclose undeclared offshore assets

Declarations before May 1st mean reduced penalties and chance to remain anonymous

The UK Must Not Backtrack On Tax Transparency

But now, ahead of a crunch vote in the House of Commons, it looks worryingly like the Government has already given up on getting British tax havens to open up

CRA's new fingerprinting policy could create travel problems for accused tax evaders

Tax agency calls mandatory fingerprinting a powerful deterrent

Pakistani cash in Swiss banks pulled out?

The decision to initial the treaty in Switzerland by the Pakistan’s taxmen was not liked by those who were sitting at the helm of affairs in Islamabad

Swiss want Plan B for tax reform by mid-2017

Most Swiss recognise the country needs reform to avoid being blacklisted as a low-tax pariah

Almost R4bn in offshore assets disclosed to Sars

Yielding revenue of about R600 million under the SVDP.

MEPs told of Panama fallout and Malta's role in global tax avoidance game

The MEPs were mainly interested in Malta’s financial services system and tax regime, the role of gaming companies, and the oversight of the police on money laundering’

Costly downside to FATCA

Is that a good thing? Will foreign government bodies get standing in our court system?