01/08/2017
Prominent South Asian Business Family Accused Of Stashing Money In Offshore Tax Havens
Three Canada Revenue Agency offices — in Calgary, Edmonton and Montreal — were sold in 2007 in a controversial sale
01/06/2017
UK taxpayers will no longer be able to pay a withholding tax to stop their information being shared with HM Revenue and Customs
01/06/2017
Revenue battle against tax evasion yields €555m for exchequer
Tax authority says evaders can expect ‘robust response’ in 2017
01/06/2017
This is at what cost to the long-term welfare of the economy and the Bahamian people?
01/06/2017
It aims to enhance tax transparency to detect and deter tax evasion through the use of offshore bank accounts.
01/06/2017
Amended tax treaty with the Isle of Man comes into force
The amendments concern a reciprocal agreement with the Isle of Man relating to the European Union Directive.
01/05/2017
The OECD recently announced that there are 1300 relationships in place for the automatic exchange of account information between countries.
01/05/2017
Switzerland will exchange information from 2018, meaning that Swiss banks will be obliged to com- mence compiling financial information about the captured accounts as from the beginning of 2017.
01/04/2017
New Filing Requirements for Foreign-Owned Disregarded Entities
Attempt to combat offshore tax evasion.
01/04/2017
Penalties for lawyers who enable tax evasion come into force
The UK is one of the first countries in the world to introduce this power, which was originally announced at Budget 2015 and legislated for in the Finance Bill 2016.
01/04/2017
Panama looks to talks with France to get off tax haven list
Panama's president, Juan Carlos Varela, in November warned France of reprisals if his country was maintained on the blacklist.
01/04/2017
Colombia’s lawmakers approved the bill last week
01/04/2017
The new law means that for the first time, HMRC will be able to charge civil penalties on the facilitators of tax evasion, who provide planning, advice or other professional services or physically move funds offshore.
01/04/2017
Offshore myth: How Africa lost $1 trillion to tax havens
The modern offshore business world appears pure Potemkin everywhere and nowhere.
01/03/2017
The bill also standardizes reporting obligations for direct and indirect holdings in foreign entities and synchronizes the deadline for information reporting with the deadline for tax returns.
01/03/2017
The powers were announced in the 2015 Budget and have come into force this year.
01/03/2017
Financial advisers warned that the liability, attributed to the civil service defined benefit retirement system, could have caused the entire plan to collapse by 2024 if not addressed.
01/02/2017
The UK Government has signalled that at the very least it will consider bringing SLPs into a regime that, in theory, forces most other companies to declare who their ultimate beneficial owners are.
01/02/2017
Leaked papers reveal that as Luxembourg’s PM, the European commission president obstructed the bloc’s tax reforms efforts
01/02/2017
Treasury says individuals or corporations who take deliberate action to help others evade paying tax face steep fines