Managers of Wealth Offshore

Vizor Software’s FATCA & AEOI Portal Launched by Government of Saint Christopher (St. Kitts) and Nevis

The intention is for St. Kitts and Nevis to use the Vizor platform for the Exchange of Information under the new standard.

UK: Offshore Property Developers

The new charge will apply to disposals that occur on or after the date that the legislation is introduced

CAYMAN ISLANDS: Uncertainty surrounds stamp duty collection

Once completed, these recommendations will be provided to Ministry officials for further review and/or policy changes.

The problem with promises to crack down on tax-dodging banks

The system gives room for avoidance but taxpayers at least know what to expect, writes Clemens Fuest

New Global Forum peer reviews highlight ever-increasing compliance with tax transparency standards

The world’s leading forum on tax transparency published 10 new peer review reports today, pointing to ever-increasing compliance with the internationally-recognised standards to curb tax evasion through the exchange of information.

How Other Countries Are Joining the U.S.'s Fight Against Offshore Tax Evasion

Implementing systems to identify and report account information to the U.S. government has been anything but a cakewalk for foreign financial institutions.

European parliament to probe multinationals on tax arrangements

However, the Cayman Islands and the Isle of Man have declined to appear, as have Fiat Chrysler and Starbucks.

Dublin loses allure for some insurers

In a survey last October, London-based accounting firm Grant Thornton Singapore Pte. Ltd. said 20% of insurers and reinsurers reported that their board was reviewing the location of their domicile.

Live: multinationals and tax authorities appear before tax rulings committee

Also tax-related state aid verdicts and investigations by the Commission are likely to be discussed.

Stamp Duty controversy referred to Auditor General

As was reported in The Cayman Reporter on 7 March, the emails were also copied to Deputy Governor Hon Franz Manderson and Minister of Finance Hon Marco Archer.

Cayman Islands trust firms helped hide US$130m offshore

IRS: More than US$130M ‘hidden’ in Cayman

2 Cayman Islands firms plead guilty to U.S. tax evasion

First Conviction of Non-Swiss Financial Institution For Tax Evasion Conspiracy

Credit Suisse probed in Italy in tax evasion case: sources

Credit Suisse offices in Milan were searched by Italian police in December 2014 as part of an investigation by Milan prosecutors.

Why the CRA’s ‘secret deal’ with KPMG’s clients in the Isle of Man scheme might actually be a good thing

It has all the makings of an Agatha Christie novel — except in this case the allegations aren’t murder, but tax evasion.

National News: Statement from the Canada Revenue Agency on KPMG Investigation

The CRA wants Canadians to have complete and accurate information on these issues.

Canada, OECD countries inch toward closing tax loopholes for the rich

Efforts begin to tighten banking rules that cost governments and taxpayers billions every year

Canada Revenue offered amnesty to wealthy KPMG clients in offshore tax 'sham'

The Canada Revenue Agency offered amnesty to multi-millionaire clients caught using what's been called an offshore tax "sham" on the Isle of Man

Facebook is set to pay millions more in UK tax after dumping ploy of funnelling sales through Ireland

Facebook avoids tax by sending money to Ireland then to Cayman Islands

UK Annual Tax on Enveloped Dwellings (ATED) Changes to the Taxation of UK residential properties

The 2014 Finance Act increased the scope of the annual ATED charge so that from 1 April 2016 ATED applies also to UK residential properties with a market value as at 1 April 2012 (or at acquisition, if later) in excess of £500,000, where the propert

OECD hosted two important events for the international tax community

The Task Force on Tax and Development was held on 1 March 2016, and brought together over 180 participants from government, international and regional organisations, business and civil society.