Managers of Wealth Offshore

Cayman mostly FATCA compliant

The Cayman Islands Banking Association says almost 15,000 of Cayman’s financial institution have registered with the Internal Revenue Service in the United States.

EU widens tax investigation into multinationals

Luxembourg is used by many multinationals including online retailer Amazon

States of Guernsey STEPs up

The Income Tax Office introduced a Compliance and Investigation Unit in the late 1980s to address domestic tax evasion and tax avoidance.

Bahamas : Bank Braces For $2.4m Tax Impact

Bank of the Bahamas incurred a further $2.311 million in loan loss provisions during the quarter to end-March 2014, and Mr McWeeney hinted that more were to come.

Russian authorities to offer tax amnesty for offshore companies

The Finance Ministry is pushing ahead with its program to entice Russian-owned offshore firms to repatriate capital.

Spain Agrees With Dominican Republic to Stop Double Taxation

Spain taxes the worldwide income of residents and the Spanish income of non-resident

Tax exchange agreements are ‘redundant’, says IoM’s Allan Bell

They’ve served their purpose by stimulating FATCA, and that period of work was absolutely essential to lay the groundwork for the new global structure of tax information.”

Turnbull investment in tax haven criticised

Australia is to chair the G20 leader's summit in Brisbane in November and Prime Minister Tony Abbott and Treasurer Joe Hockey have put on the agenda discussion of tax evasion and profit shifting.

Liechtenstein moves to shed tax-haven image

A global crackdown on offshore tax havens following the financial crisis and a 2008 wrangle with Germany over stolen bank data have forced the principality to come clean over its tax policies

Butterfield Bank CEO On FATCA Implementation

FACTA imposes due diligence, information reporting and control obligations on non-US financial institutions for certain US persons who maintain relationships with these institutions.

Offshore Crackdown Kicks Off With 30 Percent Penalties for Banks

The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector.

Butterfield meets FATCA deadline

FATCA will provide an effective framework for our institutions and regulators

BVI signs non-reciprocal IGA with United States ahead of FATCA implementation date

The BVI Government released a statement (30 June 2014) confirming that it has signed a Model 1B (non-reciprocal) Intergovernmental Agreement (IGA) in relation to the US Foreign Account Tax Compliance Act (FATCA).

BVI Government signs Model 1B IGA in relation to FATCA

The BVI Government has signed a Model 1B (non-reciprocal) Intergovernmental Agreement (IGA) in relation to the US Foreign Account Tax Compliance Act (FATCA), it was announced on 30 June 2014.

Finance Minister: France adamant Bermuda is a tax haven

Bermuda to France: What’s the problem?

Australian Tax Office chases offshore old money

The ATO is targeting families whose predecessors may have shifted money offshore years ago

US offshore tax evaders beware: FATCA starts July 1

The US Treasury has spent much of the past several years pressing the issue on some of the world's most powerful and secret banking centers with threats of punitive action if they do not join in.

ATO raises pressure on offshore tax dodgers

Around 160 individuals have already come forward as part of the amnesty program

U.S. Prosecutions of Foreign Financial Institutions Create Extreme Risk of Disclosure for Offshore Account Holders by Greenberg Traurig

As shown by recent headlines, the pressure is mounting on individuals who have yet to come into compliance with their reporting obligations concerning undisclosed offshore accounts.

The Non-Resident Landlords Scheme

The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.