11/01/2015
Global Forum on tax transparency pushes forward international co-operation against tax evasion
The imminent shift to the automatic exchange of information will send a strong warning to tax evaders.
Tax
11/01/2015
Inniss: FATCA good for Barbados
Inniss has sought to assure Barbadians that far from being an attempt at witch-hunting, the law has benefits for the country.
10/30/2015
Barbados and Slovakia sign tax agreement
It is the 37th treaty signed between Barbados and another territory while Barbados became the 74th country to sign an agreement with Slovakia.
10/30/2015
Vexed issue of ethics: investing in hedge funds in tax havens
But it’s worth working through whether investing in hedge funds in tax havens is both legal and ethical.
10/30/2015
£45m UK aid cash given to tax haven
UK paid out £45m to 13 countries on tax haven 'blacklist' in just one year
10/30/2015
Review: ‘The Price We Pay’ Maps a Web of Offshore Tax Havens
The ideas in this densely packed but enlightening film can be challenging, but must be heard.
10/29/2015
IRS Has Gone Wild Over FATCA, But Watchdog Warns Of Compliance Glitches
The IRS says it is now swapping taxpayer data reciprocally with other countries.
10/27/2015
Guernsey States Propose Changes to the Income Tax Legislation
The States of Guernsey has recently announced proposed amendments to the Income Tax Legislation that will be discussed at the States meeting starting on 25 November 2015.
10/27/2015
PAYE and self-assessment tax gap grows to £8.5bn
Much of the gap will relate to avoidance and evasion.
10/25/2015
Sunlight on tax havens
This figure has important consequences, as it represents money that should be in the tax base.
10/22/2015
The Self-Defeating Corporate Income Tax
The insurance industry offers a good example of how this tax can have unintended consequences.
10/22/2015
Inside Swiss Banks’ Tax-Cheating Machinery
Dozens of firms have been spilling their secrets to the Justice Department about how they encouraged U.S. clients to hide money abroad
10/22/2015
After Blow to Europe Tax Havens, Some Promise More Staying Power
Yet the Netherlands is on pace to maintain its attractiveness as a tax-friendly address for multinationals, said several tax advisers to big companies.
10/21/2015
Non-UK Domiciliaries and Loans - Deloitte
On 4 August 2014 HMRC changed their practice with regard to loans taken out using previously unremitted foreign income and gains as collateral, where the loan proceeds were remitted to the UK.
10/21/2015
Offshore compliance programs net IRS $8 billion
More than 54,000 taxpayers have come forward to disclose previously undeclared offshore accounts to the IRS to take advantage of reduced penalties and fines.
10/21/2015
Don't punish accidental tax evaders
Tax evasion needs to be investigated and, where proven, punished.
10/21/2015
Country-by-country reporting requires tax authorities to raise their game too by Rebecca Reading
The UK’s new legislation on country-by-country reporting will initially be a compliance burden for multinationals, but tax authorities will also have to raise their game to ensure that the correct amount of tax – and no more – is collect
10/21/2015
Tax reprieve for non-doms on overseas loans
HMRC initially batted off criticism by arguing its August 2014 rule was not retrospective.
10/21/2015
Margaret Hodge calls for overhaul of UK tax laws
Former chair of the UK public accounts committee Margaret Hodge, who has repeatedly attacked the use of offshore tax avoidance schemes, has called for an overhaul of the British tax system.
10/20/2015
Tony Wickenden: Net is closing in on offshore tax avoidance
No surprise then that the current Government and the coalition before it has been relentless in its crackdown on it, with a speNo surprise then that the current Government and the coalition before it has been relentless in its crackdown on it, with a spec