01/19/2016
The scale of the problem is unknown, however, property markets in residential hubs like New York, Miami, and LA are believed to have benefited from the influx of ‘dirty money’ from abroad.
01/19/2016
Offshore financial havens such as the Cayman Islands or the British Virgin Islands are small, low-tax jurisdictions
01/19/2016
Contractors have been targeted by HMRC as part of a high profile campaign to recover billions in tax it believes has been deliberately avoided.
01/18/2016
The AICPA has many resources that can support this initiative, and we’re excited about building a closer relationship with our colleagues in the Cayman Islands.
01/18/2016
One of the key differences between FATCA and the CRS is that the test used to identify tax payers under the CRS is based on tax residency rather than citizenship (contrary to FATCA).
01/15/2016
The bank is arguing in US courts that it could be left vulnerable to money laundering if the report is published.
01/14/2016
Adoption of the OECD Common Reporting Standard in the British Virgin Islands - Appleby
Going forward, this means that BVI investment funds and other financial institutions (Reporting FIs) will need to take certain actions to comply with the CRS.
01/14/2016
HMRC chief: HSBC Swiss tax dodge prosecutions 'unlikely'
So far only one person has faced prosecution as a result of the investigation into HSBC Swiss bank account holders.
01/14/2016
Julius Baer CEO Says U.S. Tax-Fine Provision Is ‘Pretty Final’
Julius Baer, Switzerland’s third-largest wealth manager, announced last month that it increased provisions to settle the U.S. case to $547 million
01/13/2016
Clinton Proposes Tax Penalty That Would Hit Son-In-Law’s Cayman Fund
According to documents cited by the Examiner, Mezvinsky, who has been married to Chelsea Clinton since 2010, and his associates at Eaglevale Partners have two outlets in the Cayman Islands
01/13/2016
Biden said that while Sanders “has credibility” when discussing income and wealth inequality in the U.S., “it’s relatively new for Hillary to talk about that.
01/12/2016
If taxed on the nearly $100 billion dollars they keep offshore, the largest U.S. financial institutions could cover the U.S.’s entire poverty-focused foreign assistance budget for 2014.
01/12/2016
The Guernsey and Jersey authorities had made representations to the Italian authorities on a number of occasions
01/12/2016
The list is compiled after extensive research, recommendations and testimonials from leading figures in the financial services industry with the objective of championing women in the wealth sector and highlighting female leaders.
01/12/2016
This exemption was not optimal for most offshore PE funds unless they used the services of “specified persons” in respect of “specified transactions.”
01/12/2016
I mean when Forbes regularly ranks you in their list of ‘Top ten tax havens’, there’s not really much of a debate to be had.
01/11/2016
Media giant Viacom is being sued by a former senior executive who claims she was fired for objecting to an unethical, and possibly illegal, offshore corporate tax dodge.
01/11/2016
The opportunity to reveal undisclosed overseas accounts and trusts with guaranteed immunity from criminal prosecution ended on January 1
01/11/2016
A guide to living in tax free Bahamas considering the pros and cons.
01/08/2016
As stock market volatility continues, expats might be well advised to stick with UK buy to lets