Managers of Wealth Offshore

Switzerland, India Differ On Bank Account Disclosures

A Swiss official says there is a disagreement with the Indian government as to 'what exactly will have to be disclosed'

Government of The Bahamas Selects Tyler Technologies’ iasWorld Appraisal and Tax Solution

The Bahamas conducted a competitive review looking for an efficient appraisal and tax solution that would support the government’s use of modern technology to improve its property tax administration and collection processes while reducing manual wor

Gilbratar Joins Landmark Tax Transparency Drive

Gibraltar will today sign an international agreement with at least 45 other countries to swap tax information automatically with each other from 2017.

Bank-Data Sharing Accord Expands Push to Find Tax Cheats

The accord to be signed by finance ministers in Berlin today signals global determination by governments to capture tax revenue after the U.S. pursued banks such as Credit Suisse for helping Americans cheat on their taxes and German authorities bought CDs

Bank-Data Sharing Accord Expands Push to Find Tax Cheats

Narendra Modi Government Submits 'Black Money' List With Over 600 Names To Top Indian Court

Several activists have alleged that the income derived from India’s flourishing black money economy is used to fund election campaigns of a number of politicians.

Caribbean Tax Reform Discussed At IMF Forum

Participants of a recent International Monetary Fund (IMF) forum discussed how to make the Caribbean's tax regime more investment friendly.

Heads of Tax Administration agree global actions

The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project and the move to automatic exchange of financial account information took centre stage when Heads of Tax Administration met on 23-24 October in Dublin, Ireland.

Jersey 2015 Budget Stamp Duty Changes

The States of Jersey recently approved the 2015 Budget which contains some important changes in relation to stamp duty and Land Transaction Tax.

U.S. Tax Update – Practical Aspects for Guernsey Service Providers

We are hosting a breakfast briefing on Thursday 20 November covering key US tax topics and developments of which investment managers and other corporate service providers should be aware, including the US political environment and other changes to which t

U.S. Tax Update - Practical Aspects For Investment Funds

We are hosting a breakfast briefing on Friday 21 November covering key US tax topics and developments of which investment managers and other corporate service providers should be aware, including the US political environment and other changes to which the

Swiss Banks Ask U.S. to Amend Proposed Tax Amnesty Deals

Swiss banks seeking to avoid U.S. prosecution by disclosing how they helped Americans evade taxes asked the Justice Department this week to back off a dozen demands, including that they cooperate with other nations.

Key witness, Liechti, testifies in UBS tax evasion trial in Florida

The group has said that several offenders have since been arrested after the information was passed onto police, including in Australia, Poland and the United States.

First 'deoffshorization' bill reaches Russian parliament

Requirements set in the bill could be toughened when it reaches the second reading, the lawmaker said.

FATCA: practical compliance for non-US private trust companies and their trusts

Compliance for a foreign trust with a foreign professional trust company as trustee is relatively straightforward.

Australians confess to stashing $1b in assets offshore

The Tax Office is keeping a close eye on foreign banks as part of its push to stop money being sent offshore by wealthy individuals.

Luxembourg Tax Deals Under Pressure

Confidential tax arrangements for multinational companies like Amazon and Fiat save taxes but now are under pressure from the EU

Global Tax Transparency and the Future of the Cayman Islands

In the October 2 issue of Global Tax Weekly, DMS Director Peter Stafford and Executive Director Don Ebanks discuss the impact of international tax information exchange initiatives on the future of the Cayman Islands as a leading offshore financial center.

Hong Kong, South Africa Sign DTA

The agreement guarantees that income should be subject to the tax rules of a single state.

Clawback - the taxman’s growing reach

It was George Harrison’s astonishment at the amount of tax he was paying that prompted him to pen The Beatles’ song “Taxman” almost 50 years ago.