Managers of Wealth Offshore

HMRC grows Affluent Unit in tax avoidance crackdown

A sharper focus on offshore banking activity and tax avoidance has seen HM Revenue & Customs grow its Affluent Unit by more than 50% in the past two years.

Costa Rica Hails Recognition Of Tax Transparency Progress

It is important that the country takes seriously its commitment to being a cooperative jurisdiction in transparency and exchange of tax information

UK leads on anti-corruption push, U.S. and China lag, campaigners say

Governments and campaign groups are concerned about company ownership transparency because webs of companies in secretive locations are important vehicles for money laundering.

Diverted Profits Tax - The Clock is Ticking...

Against the backdrop of the wider BEPS agenda, the UK is seeking to levy a 25% tax on the diverted profits of groups that structure their affairs so as to avoid a UK taxable presence known as a “permanent establishment

Crickhowell: Residents of town going offshore to avoid tax release video urging others to do the same

'Either we all pay tax, or none of us do'

Is there "dirty" money strewn across the pristine sands of Barbados?

Barbados, An "Ethical" Tax Haven?

Transition from UK IGA to the CRS - Deloitte

The Governments of the Crown Dependencies have provided an update on the proposals for the transition from the Crown Dependancies and Overseas Territories (CDOT or "UK FATCA") to the Common Reporting Standard (CRS) in 2017.

America’s controversial global tax law has been slammed as ‘a masterclass in fiscal imperialism

Under the Foreign Account Tax Compliance Act, which came into effect in July 2014, all non-U.S. financial institutions are required to report the financial information of American clients who have accounts holding more than $50,000 directly to the IRS.

Tax amnesty program

The 2015 Tax Amnesty program is a limited-time opportunity for the country's taxpayers to pay any outstanding tax liabilities

The Hidden Wealth of Nations: Gabriel Zucman details money lost by governments to tax havens

Zucman then moves on to discuss the data, calculating that of the world’s entire wealth

NZ welcomes Cook Islands measures to tackle tax avoidance

AEOI is at the heart of international efforts to reduce international tax evasion, and strengthen international efforts to increase transparency among financial institutions and tax administrations.

Update on UK disclosure facilities - SMP

This means that time is rapidly running out for UK taxpayers to make a disclosure of any UK tax irregularities to HM Revenue & Customs under the current facilities.

The double Mauritius

Admittedly, Mauritius does have a significant Indian diaspora and once had a large textiles industry.

Channel Islands removed from US tax haven blacklist

Also featured on the list were Gibraltar and the Isle of Man and the British Virgin Islands.

Brazil speaker faces ethics hearings over secret Swiss bank accounts

First-time legislator Fausto Pinato to lead investigation into Eduardo Cunha

MPs attack HMRC for 'failures' over tax avoidance reports

HM Revenue & Customs is still failing to report how much cash it has received from its efforts to address aggressive tax avoidance, a group of MPs has said.

As tax havens go, the US is worse than the Cayman Islands

The report notes that most countries scores have improved as the world is taking “real action” to tackle financial secrecy.

UAE signs agreement on exchange of information for tax purposes with Norway

The visit aimed to explore ways of developing and promoting the technical partnership as well as exchanging experience on financial and economic affairs between the two parties.

U.K. Offshore Tax Enforcement `Woefully Inadequate,' Panel Says

The agency should also publish and maintain a comprehensive list of the 1,140 types of tax relief identified by the Office of Tax Simplification and identify those which need to be monitored and have their costs and objectives evaluated

U.S. Ranks As Top Tax Haven, Refusing To Share Tax Data Despite FATCA

With its ambitious FATCA undertaking, the U.S. has cowed the world into submission. making foreign banks and foreign governments hand over what would be secret bank data about depositors.