05/15/2017
United Arab Emirates - the latest "tax haven" to sign up to enhanced tax transparency
The CRS requires "financial institutions" to pass information about their clients to their clients' local tax authorities
Tax
05/15/2017
Cyprus: Tax Evasion Or Tax Avoidance: A Predicate Offence Under Cyprus Anti-Money Laundering Laws?
Most recently, with the adoption of the EU's fourth anti-money laundering directive (2015/849/EC), serious tax offences have been explicitly included as predicate offences for money laundering purposes
05/14/2017
Lebanon confirms its commitment towards greater tax transparency
The Convention will enable Lebanon to fulfil their commitment to begin the first of such exchanges by 2018.
05/14/2017
Cayman Islands Automatic Exchange of Information – Further Update for Cayman Islands Investment Funds
This update sets out key dates and developments that have changed since then.
05/14/2017
Tax compliance in times of transparency
Malta, as an ‘early adopter’ of the above standards
05/14/2017
Malta is no Panama
Calling Malta the “Panama of Europe”, he warned that “tax evaders” and “tax tricksters” could no longer count on doing what they were doing undetected.
05/12/2017
Row ignites after Germany slams 'tax haven' Malta
The small island state responded immediately by questioning the minister's claim altogether.
05/12/2017
Could Cryptocurrencies be the Ultimate Tax Haven?
What makes it all worse is that under a Liberal government, you’ll end up being worse off.
05/11/2017
Paul Pogba and Mino Raiola have ensured the taxman can't get his hands on the Manchester United star's image rights money
Pogba’s name and image were registered as international trademarks to the company in July 2016.
05/11/2017
Luis Suarez kept image rights earnings in offshore tax haven before Barcelona move
El Mundo reveals Pepe and Coentrao sold image rights for one euro
05/11/2017
Norway's $940 billion wealth fund eyes possible repatriation of tax haven subsidiaries
The fund was not cited in the Panama Papers and there is no suggestion that the fund has done anything illegal.
05/10/2017
Data leak reveals details of 70,000 offshore firms in Malta - German state minister
'Malta is the Panama of Europe,' says NRW minister Walter-Borjans
05/10/2017
Pensions And Retirement For Expats
An important aspect of moving overseas for many expats is the benefit of paying little or no tax on income and savings.
05/09/2017
Chile: Ex-President denies Hiding Fortune After Declaring Net Worth of USD $600 Million
Sometimes they criticize me because my net worth is very high, now apparently they criticize me because my net worth is not so high. I do not know how to please those who do not have good will towards me.
05/09/2017
IMF Guides On Taxing Wealthy Taxpayers
The report points out that in 2015 an estimated 34 million HWIs worldwide had accumulated wealth of at least USD1m each.
05/09/2017
Spain To Challenge Gibraltar's Sovereignty, Tax System
Gibraltar entered the EU along with the UK in 1973, but remains outside of the EU's VAT, Common Agricultural Policy, or common external tariff regimes.
05/09/2017
‘Frustrated’ EU politicians step up pressure on US over Fatca
Members of the European Parliament have asked the European Commission to open talks with the US to make data exchange under the Foreign Account Tax Compliance Act (Fatca) reciprocal.
05/07/2017
OECD launches facility to disclose CRS avoidance schemes
In total, 100 jurisdictions have agreed to start automatically exchanging financial account information in September 2017 and 2018, under the CRS.
05/06/2017
10 Vital Questions to Ask Your QROPS Adviser
As a bit of fun, the questions have been flipped for expats to ask the IFA.
05/05/2017
Revenue claws back €13.6m from offshore income
After an extension, the deadline for taxpayers to make voluntary disclosures passed yesterday. A spokeswoman for Revenue said its helpline had been very busy this week.