Managers of Wealth Offshore

DeMontford Bell Expands Malta Operations

Other areas where we have seen strong growth include Gibraltar and the Isle of Man

GAAR provision to make way into India-Mauritius treaty

Prime Minister Narendra Modi had in March assured Mauritius that while working to prevent treaty abuse, India would not do anything that would harm the island nation’s financial sector.

Exclusive: Guernsey chief minister defends island’s tax credibility

Guernsey chief minister Jonathan Le Tocq has defended the island’s position as an “international leader” in tax cooperation after it was placed on the European Commission’s tax haven blacklist last month.

HMRC moves to crack down on offshore tax evasion

HM Revenue & Customs is consulting on a raft of new measures to clamp down on offshore tax evasion.

Congress Wants to Reward Corporate Tax Dodgers with Lower Taxes

But instead of taking steps to halt this brazen tax dodging, lawmakers have floated various misguided “reform” proposals that would actually reward these companies’ bad behavior.

Big changes to India-Mauritius DTAA?

Mauritius’ former finance minister claims that his country has given up the right to tax capital gains.

Australia Warns MNCs Against Using Offshore Marketing Hubs To Reduce Tax Burden

This follows allegations that offshore subsidiaries are being used by MNCs to shift out profits for reducing their tax bills.

India, US sign FATCA to fight offshore tax evasion

Under the agreement, banks, mutual funds, insurance, pension and stock-broking firms will report their American client details to the tax department for sharing with the USA, said a finance ministry official, who declined to be named.

BPM Grows Alternative Investment Practice with Cayman Islands Office

Finnegan and his team help clients manage the full range of issues that affect global businesses and investors

House of Lords to grill ex-HSBC chairman in tax evasion row

Global bank’s Swiss operation helped wealthy customers evade tax during Stephen Green’s tenure

Swiss banks agree US tax evasion deal with Justice Department

Two more Swiss banks have agreed deals with the US Justice Department over tax evasion by Americans.

Guernsey Tax Bulletin - Deloitte

Summer Budget 2015

OECD backs Guernsey as cooperative jurisdiction

Following Guernsey being placed on an EU tax 'black list' as a non-cooperative' jurisdiction, the OECD has come out in support of the island.

South Africa: Revenue Service On Voluntary Disclosure Programme for Locals With Accounts in Foreign Tax Jurisdictions

This matching confirms that some accoun-tholders may have used their accounts to evade South African tax liabilities.

Summer Budget 2015: what non-doms need to know

For non-UK domiciled clients, there are two key sets of changes.

Canada Life comments on the Summer Budget’s impact on wealth management

This is a Budget explicitly aimed at middle Britain but a big beneficiary will be the wealth management industry.

It’s the morning after the night before. The rabbits are out of the hat.

n a Budget which will add dramatically to the length of the UK tax code, the Chancellor of the Exchequer yesterday proposed tax increases of £47bn while reducing welfare payments, increasing the minimum wage and reducing the corporation tax rate.

George Osborne family business' £6m offshore deal

Chancellor George Osborne's family business made £6m in a property deal with a developer based in a tax haven, Paul McNamara and Guy Basnett investigate.

ATO warns multinationals over use of Singapore, Swiss and other offshore hubs

The Australian Taxation Office has warned companies it will be focusing on money attributed to offshore marketing hubs and will use its stronger transfer pricing powers to go after them.

RBC Wealth Management - 2015 UK Budget commentary: Radical Budget

Let’s be in no doubt, this was a radical Budget.