12/01/2014
Argentina IDs accounts in alleged tax evasion
The agency's revelation came a day after it charged HSBC bank with helping Argentines evade taxes by stashing about $3 billion in the secret accounts.
Tax
12/01/2014
Grant Thornton Malta and EMCS join forces
Our existing clients will now be able to tap into a wider pool of expertise and knowhow
11/28/2014
Equiom Solutions to hold Tax and Wealth Management Seminar
Tax and Estate Planning specialists, Equiom Solutions, will hold a Seminar on the topic of Tax and Wealth Management.
11/27/2014
New Zealand: Foreign trusts in IRD sights
Department aims to report to Revenue Minister Todd MClay before the end of the year.
11/27/2014
Crown Dependency FATCA Guidance Notes - Deloitte
The Guernsey Income Tax Office have released a document which announces a number of important updates to the draft Crown Dependency FATCA Guidance Notes.
11/27/2014
Guernsey issues bulletin to update draft guidance notes on FATCA-based reporting
On 21 November, the States of Guernsey Income Tax (ITO) published bulletin 2014/1 to update the most recent iteration of the draft guidance notes issued jointly by the crown dependencies on 28 July 2014 regarding the implementation under domestic law of F
11/27/2014
Osborne to create ‘perfect storm’ for offshore assets
UK chancellor George Osborne is set to unleash a new strict liability rule and higher penalties to capture those with offshore assets who are ignoring their tax obligations
11/27/2014
Argentina charges HSBC with aiding tax evasion via Swiss accounts
Argentina's move comes as part of a global crackdown on undeclared funds held in offshore havens, after the global financial crisis strained government budgets and made the need to maximize tax receipts more pressing.
11/26/2014
OECD releases 2013 mutual agreement procedure statistics
As part of the OECD’s work to improve the timeliness of processing and completing mutual agreement procedure (MAP) cases under tax treaties and to enhance the transparency of the MAP process, the OECD makes available to the public, via its website,
11/25/2014
New trust and tax reporting obligations for UK Resident Non Doms – a Mini UK FATCA? by Withers
Under new rules, information about offshore bank accounts and non-UK structures with UK resident owners (in the case of personally held accounts) or UK resident settlors, beneficiaries and protectors (in the case of trust structures) will be provided auto
11/25/2014
China's offshore empires go from help to headache
When is a Chinese company not Chinese?
11/24/2014
Paying Taxes 2015: The global picture
he study investigates and compares tax regimes across 189 economies worldwide using a case study company, and ranks them according to the ease of paying taxes.
11/24/2014
International tax avoidance – now the investment community takes action by George Bull, Baker Tilly
We recently reported on a growing number of investors becoming uncomfortable over the tax affairs of some multi-national corporations. Now it appears that following the agreement by the G20 leaders to accept OECD recommendations to tackle tax avoidance an
11/24/2014
Insurers prepare to comply with tax rules for offshore accounts
Even as the insurance industry moves to meet the first reporting deadlines under the Foreign Account Tax Compliance Act, the law and compliance remain works in progress.
11/21/2014
Swiss Vote to Abolish Tax Break for Rich Threatens Status
The disinterest of diners entering Cafe du Centre on the adjacent Place du Molard is echoed in the latest poll
11/21/2014
Cyprus Agrees Double Tax Pact With Iceland
Cyprus and Iceland have released the text of a new double tax agreement signed between the two nations on November 14, 2014.
11/21/2014
South Africa: Clampdown on tax avoidance
By closing the tax gap, South Africa can reap billions of rands to benefit the economy.
11/20/2014
Cayman Islands: FATCA: Cost-Overruns Come With The Territory
Making matters more complicated, the US agreed to sign intergovernmental agreements (IGAs) with several dozen other countries
11/20/2014
Switzerland takes important step to boost international cooperation against tax evasion
The Swiss decision is subject to Parliamentary approval, as well as the possibility that voters may be asked to approve the necessary laws and agreements.
11/20/2014
Trinidad & Tabago to be FATCA compliant soon
FACTA is a US law designed to prevent tax evasion by US citizens using offshore banking facilities.