03/06/2017
The state of play on tax evasion and avoidance
HMRC received the data from the CDOTs in September 2016 and has begun the process of matching that data to information it already holds in order to decide who to investigate.
Tax
03/06/2017
We Have Nothing More to Say to EU’s Panama Panel
Luxembourg is being investigated by the European Commission for giving hundreds of favorable tax rulings to multinational companies.
03/05/2017
Jersey signs Double Tax Agreement with Mauritius
This is the 13th full DTA signed by Jersey that complies with the OECD Model Agreement.
03/03/2017
Why Bermuda Could Be The Next Switzerland
Being established in Bermuda has implications around taxes.
03/03/2017
Global transparency drive may catch more firms than Fatca
Whereas Fatca only applied to US taxpayers, CRS casts a wider net and impacts significantly more people and institutions.
03/03/2017
EU Mulls Tax Sanctions for Countries Branded Tax Havens
All of the sanctions could apply to an EU company doing business within a jurisdiction that ends up on the EU tax haven blacklist.
03/03/2017
U.S. Agents Raid Caterpillar Over Offshore Tax Practices
The company later said that it believed the warrant was related to the investigation into its tax practices.
03/03/2017
The state of play on tax evasion and avoidance
Penalties can be up to 100 per cent of that other person's tax liability.
03/03/2017
Where Lee Marvin Meets The IRS
I urge taxpayers with international tax issues to come forward and get it right with the system.
03/02/2017
Top tax official not sure of losses with €10bn transfers offshore
The files containing the information provided by banks to its central computer system.
03/02/2017
UK Inheritance Tax Deadline Looms For "De-Enveloping" Your BVI Company
As a result, British Virgin Islands companies holding UK residential property owned by non-domiciled individuals should note the following
03/02/2017
KPMG offshore tax dodge a 'facade' designed to hide money, ex-client says
Accounting firm's contracts with federal government questioned
02/28/2017
Canada To Ramp Up Efforts Against Tax Evasion
Audits of the highest risk taxpayers for four offshore jurisdictions are underway.
02/28/2017
UK: Planning Points For Offshore Companies Resulting From Recent UK Tax Developments
More recently, the UK has added another capital gains tax regime applicable to non-residents of the UK who own UK residential property
02/28/2017
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.
02/28/2017
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.
02/27/2017
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.
02/27/2017
Out to prove S'pore is not a tax haven
Former judicial commissioner Edmund Leow is back practising the branch of law he loves
02/27/2017
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.
02/27/2017
French judges begin hearing giant tax case
The so-called France Offshore Affair has been in the headlines for years.