11/24/2016
HMRC ‘puts people on notice’ with duty to correct tax return
We expect this will lead to an increase in voluntary disclosures prior to the expected deadline of 30 September 2018.
11/24/2016
Ecuador to Hold Referendum on Tax Havens
Voting is compulsory in this South American nation.
11/24/2016
Tax avoidance 'enablers' on Hammond's radar
Measures include a requirement for intermediaries and service providers with UK clients to register with HMRC.
11/24/2016
The Convention will enter into force in 2018 and will enable the government to automatically exchange information.
11/23/2016
The change was due to the introduction of a VAT system.
11/23/2016
The pact aims to catapult debate on tax havens onto the international stage and spark a move toward regulation to stamp out the “immoral practice” of offshore tax dodging.
11/23/2016
Switzerland has to share bank details from 2018 which gives most account holders enough time to plan their move to another tax haven
11/23/2016
The implications for the rest of Europe are less clear cut.
11/23/2016
This year’s Autumns Statement marks the end of an era and the start of a new chapter, the Chancellor, Philip Hammond has said.
11/22/2016
A leak in April of more than 11.5 million documents from the Panamanian law firm Mossack Fonseca.
11/22/2016
At the same time, financial deregulation, bank secrecy and a lack of transparency have enabled illicit flows of capital to pass through tax havens as well.
11/21/2016
Quintana Roo ranked No. 4 in the national ranking where reports of unusual transactions were received
11/21/2016
Saint Lucia became the 107th jurisdictions to join the Convention.
11/18/2016
France investigating 500 taxpayers after Panama Papers leaks
It didn't identify any of the taxpayers involved.
11/18/2016
AIF norms: Sebi panel led by Narayana Murthy submits second report
Report follows up on several of the key recommendations that were submitted the first time around
11/18/2016
Cayman Finance CEO Jude Scott discusses Panama papers, tax neutrality on BBC World
The reality is not all offshore jurisdictions are made the same.
11/18/2016
France probes 560 individuals named in Panama Leaks
France is not the first country to publish the number of tax probes it has launched into entities linked to the Panama Papers.
11/18/2016
Cyprus and India sign double taxation avoidance agreement
The agreement will be signed by Finance Minister Harris Georgiades and India’s High Commissioner to Cyprus, Ravi Bangar.
11/18/2016
Zero tolerance needed against tax secrecy, says former Panamanian advisor Joseph Stiglitz
But he added that Europe, acting alone, could make a significant difference.
11/16/2016
The report states that tax havens pose a global problem.