Managers of Wealth Offshore

Beneficial ownership platform takes shape

U.K. authorities will have expedited access to the beneficial ownership information from June 2017

Swiss Double Tax Agreements Enter Into Force

The protocol to the Albanian DTA was also signed in September 2015, and entered into force on December 1, 2016.

After FATCA pact signing, increased focus on possible tax evaders

The Banking Bureau under the FSC said that under the agreement the U.S. can ask for more detailed information on clients who do not cooperate with requests for information.

HMRC To Take Further Action On Tax Avoidance, Evasion

The authority said the Government will invest GBP800m

Argentines declare $90 billion in tax amnesty

The government hopes that funds declared under the tax amnesty will help jump-start growth and boost tax revenue.

Govt mulls tax amnesty to lure foreign wealth back

The government may link the scheme with certain enforcement measures

Mauritius Rejects 'Tax Haven' Label

Mauritius is committed to the early implementation of the Common Reporting Standard on the automatic exchange of financial account information, as developed by the OECD.

MALTA: Panama, how it shook Labour to its core, leaving it bruised but not crushed

The Panama Papers are an indelible stain on Labour’s desultory governance record.

It’s time to think about moving that spare billion dollars you’ve got stashed in a Caribbean tax haven

But an amendment to the UK parliament’s Criminal Finances bill tabled on Dec. 20 is aiming to change all that.

How India and Indonesia are chasing tax revenue

Hunt for hidden assets to fund infrastructure investment and wealth distribution

Greedy rich use tax havens to hide wealth

The information reveals previously unknown or little-reported connections to companies owned or run by current or former politicians from the Americas, Africa, Europe, Asia and the Middle East.

Poor response to notices sent to offshore company owners

The FBR issued a total of 336 notices to individuals identified as owners of offshore companies in the Panama Papers.

FATCA and the fat cats

In other words it is the risk to the profit margins of businesses that is the fat cats’ main concern.

There is no way even the most unenlightened person can say that Barbados is a tax haven, but you have these organisations that criticise us and will not say ‘boo’ about America where there are some states there which practise [such activity].

Cayman Islands: Cayman Islands Issue OECD Common Reporting Standard Penalty Regulations

NRFIs continue not to have due diligence or reporting obligations.

7 Ways QROPS Give Expats More Money In Retirement

QROPS funds are held in trust and are mostly outside the reach of UK inheritance taxes

Google cut its 2015 tax bill by $3.6 billion using the infamous Dutch Sandwich loophole

Google has sheltered as much as $58.3 billion in overseas profits

Canadians using offshore tax amnesty to name advisers

This was one of the recommendations made by the committee in early December to minister of national revenue, Diane Lebouthillier.

Football Leaks: Monaco forks out millions to Spain in transfer taxes

Monaco are protesting the extravagant sum in the courts but have already paid it in full.

Over 1300 relationships now in place to automatically exchange information between tax authorities

The next update on the latest bilateral exchange relationships will be published before the end of March 2017