Managers of Wealth Offshore

Jersey and Switzerland sign joint declaration

Identical declarations have been signed with Switzerland by Guernsey and the Isle of Man.

Black money hunt leads to tax bosses

Top official 'wrote to CBI saying tax babus were helping businesses evade their dues'

UK expats face 'double whammy' over tax affairs

The government is ready to restrict British expatriates' tax benefits in a bid to get agreement with the European Union over renegotiating the UK's terms of membership, according to press reports.

US tightens up on luxury property purchases through offshore companies

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.

Briefs on the beach

Offshore financial havens such as the Cayman Islands or the British Virgin Islands are small, low-tax jurisdictions

HMRC to rebate tax to thousands of contractors using offshore schemes

Contractors have been targeted by HMRC as part of a high profile campaign to recover billions in tax it believes has been deliberately avoided.

AICPA Partners with Cayman Islands Accounting Society

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.

British Virgin Islands: Adoption Of The OECD Common Reporting Standard In The British Virgin Islands

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).

HSBC fights to stop money-laundering report going public

The bank is arguing in US courts that it could be left vulnerable to money laundering if the report is published.

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.

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.

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

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

Hillary Promises To ‘Go After’ Cayman Island Tax ‘Schemes,’ Though She And Bill Have Made A Ton From Them

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.

A hidden network of hidden wealth

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.

Italy’s ‘white listing’ of Channel Islands is important step in attracting European business, says Ogier partner

The Guernsey and Jersey authorities had made representations to the Italian authorities on a number of occasions

Saffery Champness directors recognised in IFC Power Women Top 200

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.

Hong Kong Profits Tax Exemption for Private Equity Funds

This exemption was not optimal for most offshore PE funds unless they used the services of “specified persons” in respect of “specified transactions.”

Ireland: the Tax Haven that Dare Not Speak Its Name

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.

Dora the Tax Haven Explorer? Viacom Accused of Persecuting Tax-Avoidance Whistleblower

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.