03/25/2015
Michael Betley, group chairman of Trust Corporation International looks at how Guernsey has coped in an increasingly transparent and regulated world and how it can adapt to further change in the future.
03/24/2015
Hodge calls for change to ‘non-dom’ rules
The meeting, which took evidence from Dave Hartnett, HMRC’s former permanent secretary for tax and Edward Troup, HMRC’s tax assurance commissioner, shed little additional light on the tax evasion scandal involving HSBC Suisse.
03/24/2015
Cayman Islands: FATCA Reporting And International Tax Compliance: Next Steps
The following alert has been updated to reflect the Mar 19, 2015 announcement of the opening of the Cayman AEOI Portal and the removal of the mandatory requirement for a NIL return to be submitted.
03/24/2015
Mauritius has promised full cooperation with India to address outstanding issues relating to their bilateral tax treaty
03/24/2015
The Cayman Islands Department for International Tax Cooperation has launched its Automatic Exchange of Information portal and released an accompanying user guide.
03/23/2015
Virgin Care among firms with lucrative NHS deals and a tax haven status
Tax Research UK, has found 13 holding companies, some of them offshore, between Virgin Care and its ultimate parent company, based in the British Virgin Islands.
03/23/2015
Danny Alexander, chief secretary to the Treasury, said: “If people help a burglar, they are accomplices too. Now it will be the same for those that help tax evaders”.
03/20/2015
Switzerland, EU tag team tax evasion
Bern and Brussels have clinched a deal to exhange bank account data in an effort to tackle tax fraud.
03/20/2015
HSBC declines to comment on Manx accounts
International bank HSBC has declined to comment on whether they are cracking down on Isle of Man accounts held by UK residents
03/20/2015
Tackling evasion: Government set to create strict liability for offshore tax evasion despite Law Society concerns
The government has announced today (19 March) it is to establish a strict liability offence for offshore tax evasion
03/20/2015
Argentina will move forward with its investigation of the HSBC offshore accounts in Switzerland
03/20/2015
Please find links below to Deloitte’s UK Budget 2015 Briefings.
03/20/2015
Secrets ending for Swiss bank accounts
The Alpine nation was long reluctant to change its banking privacy laws
03/20/2015
Fund Distribution Increasingly Impacted By Regulation
How has Guernsey responded to the inevitable challenges presented by this phalanx of regulation? Sinéad Leddy, Head of Technical at Guernsey Finance, outlines the strategy.
03/19/2015
George Osborne announced the Diverted Profits Tax will come into effect on April 1
03/19/2015
A key element of this Tax Transparency Package is a proposal to introduce the automatic exchange of information between Member States on their tax rulings.
03/19/2015
The UK Government has announced in today’s Budget that it will close the Liechtenstein Disclosure Facility (LDF) half a year earlier than expected
03/19/2015
George Osborne delivered his 2015 Budget emphasising the government’s ambition to create the most prosperous major economy in the world by 2030, with prosperity widely shared.
03/19/2015
The New Reality of Global Tax Transparency & Structuring Solutions - Amicorp
One of the key developments for practitioners in recent years has been the Automatic Exchange of Information (AEOI) between jurisdictions, which is aimed at combatting tax evasion by hiding financial accounts offshore.
03/19/2015
When the tax man comes knocking
Will changes to the tax regime put foreign buyers off UK property, and what does this mean for structuring through the Channel Islands?