04/21/2016
Stop Hatin’ On Lawyers For The Panama Papers
The fact is, offshore vehicles are a legitimate and legal way to do business… until they aren’t.
Tax
04/21/2016
Jersey Tax Bulletin - Deloitte
Welcome to the April 2016 edition of Deloitte’s Offshore Tax Bulletin, which provides a round-up of local and international tax issues relevant to Guernsey, Jersey and Isle of Man businesses and individuals.
04/21/2016
The PM and the Panama Papers: was David Cameron's offshore funds criticism fair?
The furore over David Cameron's investment fund shares offers useful lessons for those that question why such funds are traditionally set up offshore
04/21/2016
Crackdown on offshore owners of UK property
Secretive wealthy buyers to be unmasked
04/21/2016
Japan, Panama agree to begin negotiations over exchange of tax information
I would like to expect progress in our negotiations so that we can achieve transparency in our tax information
04/20/2016
Eu mulls crackdown on banks offshore tax advisers after Panama Papers
The EU executive is reviewing anti-money laundering rules and is expected to make legislative proposals by June.
04/20/2016
Imf, World Bank, UN unite to fight tax evasion
Four of the world's largest multilateral organisations joined hands on Tuesday in the fight to help developing countries fight tax evasion.
04/20/2016
Offshore Tax Bulletin - Deloitte
Welcome to the April 2016 edition of Deloitte’s Offshore Tax Bulletin, which provides a round-up of local and international tax issues relevant to Guernsey, Jersey and Isle of Man businesses and individuals.
04/20/2016
Delaware - when is a tax haven not a tax haven? by Rebecca Reading
With all the focus on places such as Panama, the US might just be keeping quiet in their own dark corner, hoping no-one will remember that Delaware is one of the most private places in the world to set up a company.
04/20/2016
Brazil Goes Easy on Wealthy Tax Dodgers to Help Plug Budget Gap
The finance ministry expects the legislation, signed into law in January with little fanfare, to raise about $10 billion for government coffers
04/20/2016
UAE and Jersey sign agreement on avoidance of double taxation on income
The Financial Jersey regional office was established in Dubai in March 2011
04/20/2016
Seychelles issues guidance to financial institutions on FATCA reporting
Seychelles is negotiating a Model 1B IGA with the US. On May 28, 2014
04/19/2016
Hundreds of Americans named in Panama Papers are told to own up before being caught by officials as investigation into offshore activity continues
The Internal Revenue Service has now advised anyone using offshore accounts to contact them as the investigation gains momentum.
04/19/2016
ABN AMRO Surfaces in Panama Papers with Controversial Loans
Trouw and Financieele Dagblad are the two Dutch newspapers involved in the investigation into the Panama Papers
04/19/2016
Witch hunt: Industry warning as tax furore risks damaging financial planning
In the UK, the focus has centred on Prime Minister David Cameron, and his investments in the offshore Blairmore fund run by his late father.
04/18/2016
Concrete actions needed to advance global tax transparency, OECD says
The international community should call time on all remaining holdouts who have yet to implement internationally agreed tax transparency standards, OECD Secretary-General Angel Gurría said in a new report to the G20.
04/18/2016
Once A Tax Haven, Gibraltar Now Says It's Low-Tax
Gibraltar's leaders and residents are breathing a sigh of relief that they have not been drawn into the controversy, saying they have reformed their tax structure and are a proper place to conduct business.
04/18/2016
Panama Papers leak will have negative impact on expat banking options
The banks in the main offshore centres are extremely nervous of taking on any clients who are not resident in their jurisdiction.
04/15/2016
Swiss banking whistleblower claims the CIA behind the Panama Papers
Bradley Birkenfeld, who served 30 months in prison, but received more than $100 million for US tax authorities revealed the extent of tax fraud at the heart of the Swiss banking industry in 2008.
04/15/2016
Top 50 U.S. companies dodge $111 billion in taxes each year by keeping $1.4 trillion in offshore tax havens
General Electric and Microsoft also store more than $100 billion each outside of the county.