Managers of Wealth Offshore

Cooperating with Indian authorities on Swiss a/c probe: HSBC

Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.

Jersey signs tax agreement with Seychelles

The Government of Jersey has signed a double tax agreement with the Republic of Seychelles.

NewsAlert: Tackling tax evasion - new measures - July 2015

HMRC has published four consultations – all issued under their ‘offshore evasion strategy’, seeking views on new criminal offences, civil penalties and sanctions aimed at offshore tax evasion.

A taxing and complex Channel Islands tale

Sark, a picturesque island 80 miles south of England, was until recently the last feudal state in Europe.

Think FATCA Requirements Only Apply to Foreign Entities? Think Again

Beginning with the 2012 tax year, this reporting is satisfied by filing Form 8938 with the Internal Revenue Service (IRS).

Mauritius introduces new form for tax residency with more disclosure

FSC verifies these applications and recommends issue of the Mauritius tax residency certificate by the Mauritius revenue authorities.

CSIRO chief silent on tax haven

CSIRO chief executive Larry Marshall has refused to reveal the beneficiaries behind a Channel Islands trust he filled with technology company shares worth up to $7 million when they were sold in a series of off-market trades.

Why do off-shore tax havens still exist?

Described by the former British cabinet minister Vince Cable as "sunny places for shady people", tax havens are much maligned.

Mauritius & P-notes: Any proposed change in rules may spook Dalal Street

Both actions have a sharp, short-lived impact, leaving behind a trail of conspiracy theories.

Demonizing Foreign Investors For The Sins Of U.S. Tax Policy Is As Dangerous As It Is Absurd

The U.S. tax system compels U.S. companies to devote as much attention to tax avoidance

Cyprus's New Package Of Tax Incentives And Technical Amendments

The Cyprus Government has announced a number of proposed tax incentives aimed at encouraging economic activity and attracting inward direct investment.

Guernsey: OECD Backs Guernsey As A Cooperative Jurisdiction

The Organisation for Economic Cooperation and Development - the leading international standards-setter for tax transparency and cooperation - has underlined Guernsey's reputation as a cooperative jurisdiction.

Liechtenstein Disclosure Facility To Close In December

The UK and Liechtenstein have published a Joint Declaration that provides for the early closure of the Liechtenstein Disclosure Facility.

The importance of recording sources of money received from offshore transactions

The risk is that if a taxpayer cannot meet the burden of proof for documenting of a receipt of money or a transaction, the Commissioner successfully argues amounts received can be income.

The future is transparent

As banking secrecy comes to an end, taxpayers with overseas assets should ensure they are on the right side of what can be draconian law.

Bahamas Department of Inland Revenue Introduces Business License Online Registration

The Online Tax Administration System will provide businesses with a simple, user-friendly, online application and payment system.

Turkey, US agree to cooperate against tax evasion

Turkey's tax system draws more than two-thirds of its revenue from indirect taxes

Tax avoidance ‘sham’ defeated in tribunal by HMRC

HM Revenue & Customs has won a legal battle against a £29m offshore tax avoidance scheme where money was supposed to fund research into brain disorders.

Jersey Tax Bulletin July 2015 - Deliotte

Non-UK Domiciliaries and UK Residential Property: Upcoming Changes

Jamaica: FATCA Takes Effect Next Month

This development comes in the wake of the passage yesterday of the Revenue Administration Act with two amendments.