Managers of Wealth Offshore

Taxation advocates call on King to look at Overseas Territories

“These tax havens continue to disadvantage their own inhabitants as well as some of the poorest people globally — and of course the people of the UK.”

Montana to Repeal Tax Haven List, Simplify Business Tax Filing

It awaits Gov. Greg Gianforte (R)'s signature.

Here’s a world-leading step the government could take to tackle tax evasion

With the cost of corruption put at 5% of global GDP annually, this is a global scourge

Finance ministry introduces AI-powered software to detect tax evasion

A new AI software has been introduced, which will draw data from registries and bank accounts to assess people's cash deposits and assets in a bid to help the tax department keep tabs on income and tax dues

AIG reports strong premium growth

The statement also showed general insurance delivered underwriting income of $502 million, representing the strongest first quarter underwriting results.

How Ireland Taxes Non-Residents

Individuals resident and domiciled in Ireland are subject to taxation on all their income and profits globally.

Five ways the rich save big on estate taxes

Life insurance, probably the least sexy area of financial planning, can be used to save tens of millions of dollars in taxes if bought from issuers in the Cayman Islands and Bermuda.

The Use of Offshore Tax Havens for Investments and Tax Avoidance

A deep dive into offshore tax havens.

Economic substance – time to review your business model

With three years of regulatory responses and submissions completed, it’s a crucial time for companies to revisit their business models and review the original economic substance assessment to see if it still holds up in light of emerging trends

EU Global Minimum Tax Directive and Investment Fund Structures

An investment fund must meet several conditions to qualify for the safe harbour

For EY, breaking up is hard to do

But there is still a commitment to a split into two companies.

The Corporate Tax Planning Law Review - Ireland 2023

This chapter first appeared in the fifth edition of The Corporate Tax Planning Law Review published by Law Business Research.

FTT orders HMRC to close enquiry into 20-year-old offshore company dividend

The position of the applicants was that they come from a wealthy family and have benefited from substantial gifts from their late parents.

Top finance official warns of “consequences” for businesses over tax non-compliance

Wilson noted that there are 50,000 businesses registered and about 40,000 of those businesses report an annual turnover of less than $100,000.

VAT and input tax recovery – a legal sector case outcome

There is a basic premise that VAT incurred on purchases is only recoverable to the extent that it is used in the making of taxable supplies by a taxable person.

Advisory body pushes private pension schemes in National Strategy for Financial Services

The Malta Financial Services Advisory Council suggests opt-out pension plans for employees and tax cuts on income from private pension schemes in new financial services strategy

French prosecutors raid five banks in massive tax fraud case

Authorities said banks, including Societe Generale, BNP Paribas and HSBC, faced a compensation request of more than $1bn.

HMRC opened 25 tax fraud investigations into HNWs in 2022

UK government ‘is likely to continue to invest in this high-end form of tax enforcement’

$4 Trillion in U.S. Wealth Held Offshore: Report

The likelihood of owning such an account increases sharply with income, the researchers found, and the value of those accounts soars at the very top of the income distribution.

HMRC opens 25 new tax fraud investigations into wealthy individuals

The unit only reserves criminal processes only for serious investigations.