02/26/2015
RBC Bahamas Unit Faulted in Probe of Tax Fraud, Money Laundering
Royal Bank of Canada, Canada’s second-largest lender, said French prosecutors are recommending a Bahamas wealth-management unit be punished in a probe of tax fraud and money laundering.
02/26/2015
Lin Homer, the chief executive of HM Revenue & Customs, said it had reached a deal in the past few days with French authorities to pass on the data "to pursue wider offenses"
02/25/2015
That connection, however, doesn’t relate to the tax evasion per se, but rather to the disclosure of the names.
02/25/2015
A number of tax professionals have argued that a new code of conduct is unnecessary, but some experts have expressed support for a kitemark, or charter, for advisers.
02/25/2015
UK expats will need to carefully consider how the new rules will affect them, seeking advice, if necessary, on the treatment of the lump sum when remitted to the expat's new home state.
02/25/2015
Beginning in 2008, the IRS began a high profile campaign of pursuing taxpayers with unreported offshore accounts
02/25/2015
Jersey chief minister 'disappointed' at Miliband letter
Earlier this month Miliband said a future Labour government would push for UK overseas territories to be put on an international blacklist if they refuse to co-operate with a drive against tax avoidance.
02/25/2015
A country known for its clocks, chocolate and most importantly banks, the agreement by Switzerland’s government to share details of those super-secret bank accounts is one that will change the world at large
02/25/2015
The game changer in automatic exchange was the enactment of the Foreign Account Tax Compliance Act (FATCA) in 2010
02/24/2015
Switzerland to sign tax deal with Germany in medium term: finance minister
Switzerland expects in the future to sign a deal with Germany to automatically exchange tax information
02/24/2015
Ministers sign Italian-Swiss tax treaty
Switzerland and neighbouring Italy have revised a double taxation agreement which includes provisions for the exchange of information in line with the standards of the Organisation for Economic Development and Co-operation (OECD)
02/24/2015
Hong Kong Government to Extend Existing Offshore Funds Tax Exemption to Private Equity Funds
It is expected that the government will introduce the draft legislation in the first half of 2015.
02/24/2015
Swiss, Italian ministers sign deal to fight tax evasion
Switzerland signed an agreement with Italy on Monday to share tax information to help Rome combat tax evasion that costs the government €90 billion (US$100 billion) a year
02/24/2015
The US corporate tax code currently uses the "worldwide" approach
02/24/2015
Tax investigators and police have raided commercial offices in Germany as they looked into allegations of large-scale tax evasion with regard to profits made in Luxembourg. Commerzbank was at the center of the searches.
02/24/2015
The signing of the Convention represents another important step in Seychelles’ efforts to improve its legal framework and practices in the field of exchange of information for tax purposes
02/23/2015
Definition of the Russian tax residency for individuals - potential changes? - Withers
Specifically, it can have severe effect on individuals, who in 2015 adopted the strategy of ceasing tax residency in Russia to avoid disclosure and taxation in accordance with the new Russian Controlled Foreign Companies regime.
02/23/2015
Argentina seeks arrest of advisor tied to tax scandal
The HSBC documents were stolen in 2007
02/23/2015
Ninu Zammit confirms Swiss account, used recent amnesty to regularise tax position - denies links to oil scandal
Former minister suspended by the PN
02/23/2015
Argentina approaches Bermuda over tax case
An e-mail sent to the Argentine tax agency wasn’t answered.