12/02/2015
With the registration for the Liechtenstein Disclosure Facility closing on 31 December, a new ‘tougher’ offshore disclosure facility will take its place, giving tax evaders a ‘last chance’ opportunity to come clean. So what will th
12/01/2015
Tax receipts were up 40 percent during the three-month period, despite an 11 percent fall in revenues from international trade taxes.
12/01/2015
It sets out recommendations relating to the tax regime for OFCs, which is currently under review by the Government, as well as the profits tax exemption criteria for offshore PE funds introduced on July 17, 2015.
11/30/2015
Niue becomes the 92nd jurisdiction to join the most powerful instrument against offshore tax evasion and avoidance
Niue is a Pacific Island paradise like no other, one of the smallest countries, and one of the largest raised coral atolls on earth.
11/30/2015
A new criminal offence for tax evasion
The government will introduce a new criminal offence that removes the need to prove intent for the most serious cases of failing to declare offshore income and gains.
11/30/2015
Clamping down on tax evaders
The new campaign is part of a drive to claw back an estimated offshore “tax gap” of £565m to the public purse
11/27/2015
Autumn Statement 2015 - Commentary by Wendy Martin, Tax director EY Jersey)
In many cases there is limited detail provided, and we expect more information will be included with draft legislation to be published on 9 December 2015.
11/27/2015
HMRC declares an end to 'hiding money in another country' from January
'Come to us before we come to you': Revenue unveils campaign to publicise new powers to demand personal financial details in 90 countries
11/26/2015
Greek shipowners talk up their role to protect tax breaks
The magnates who run one of the biggest merchant marine fleets in the world have long argued that if Greece tried to tax them
11/26/2015
Tax cheats who used Swiss bank accounts revealed
Bank secrecy rules in Switzerland long made it easy for foreigners to hide money there. In recent years the country has signed several agreements pledging to cooperate with foreign tax authorities.
11/26/2015
Listen. Analyse. Apply.
11/26/2015
A progressive tax system ensures that income disparities — which diminish social cohesion, health indicators, and economies of countries — are controlled.
11/25/2015
Cayman Islands Issues OECD Common Reporting Standard Regulations - Mourant Ozannes
On 16 October 2015, the Cayman Islands introduced The Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations, 2015 (the Regulations) to implement the CRS.
11/25/2015
Israel joins international efforts to boost transparency and end tax evasion
Israel has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 91st jurisdiction to join the world’s leading instrument for boosting transparency and combating offshore tax evasion.
11/25/2015
The CRS is a set of global standards that govern how participating tax authorities exchange information with each other about the financial assets of its taxpayers.
11/25/2015
October and November 2015
11/24/2015
New Jersey finance centre 'will not waste taxpayers' money'
A new finance centre in Jersey will give the taxpayer value for money, the treasury minister has said, following a second protest against the plans.
11/24/2015
The MAP reporting framework and the definitions of terms used in reporting, as well as the other results of the proposals in the Committee on Fiscal Affairs' (CFA) 2004 report on improving the resolution of cross-border tax disputes, are described in
11/24/2015
Black money probe: India seeks Swiss help in probe...
The Swiss tax department has made these disclosures in two separate notifications published today in the Switzerland government's federal gazette.
11/24/2015
UK Tax Disclosure Facilities - Time is running out - Deloitte
The Crown Dependency and Liechtenstein Disclosure Facilities finish on 31 December 2015, so after that date it will no longer be possible to register for the favourable treatment afforded by these facilities.