Managers of Wealth Offshore

The risks and rewards of a US tax on offshore cash

Obama’s plan for the treatment of foreign profits is a reasonable one

Cyprus Citizenship By Investment The Most Attractive Program In Europe

Europe has long established itself as the most sought after region in terms of high net worth immigration, accounting for over half of the total number of global citizenship applications, with the Caribbean in second place, followed by North America in th

Changes to Guernsey’s Income Tax Law - Deloitte

Welcome to the January 2015 edition of the Guernsey Tax Bulletin, which provides an update on recent local and international tax issues relevant to Guernsey businesses and individuals.

Jersey FATCA processes now live

Jersey’s financial institutions are now able to register in Jersey in preparation for US FATCA, which commences this year.

China to Crack Down on Tax Collection From Multinational Companies

China’s tax officials plan to step up efforts to collect taxes from multinational corporation in the latest of a series of moves in the last year, mostly against Western companies.

Reinsurance, Hedge Fund Tax “Loophole” Rule Set for the Spring

Reworked tax rules on how hedge funds can set up reinsurance shop in in offshore domiciles and continue to receive a favorable tax treatment are expected to be issued in the next 90 days, according to Internal Revenue Service Commissioner John Koskinen.

Apple and Microsoft could face billion dollar tax bill in US over profits held offshore

Multinational US companies such as Apple, Microsoft and General Electric may be forced to cough up billions of dollars

HSBC the latest bank to implement FATCA

Many people, including American citizens working in the Gulf state, received recently letters from their UAE-based banks asking them for more details and papers in compliance with American laws introduced by tax service

Switzerland remains offshore wealth magnet

The world’s wealthy still consider Switzerland the best place to park their riches despite tax evasion scandals ending banking secrecy.

Russian DeOffshorization The New CFC Rules

This note provides a high-level overview of some of the key changes, and is relevant to anyone connected with the structuring, establishment or maintenance of corporate or private wealth arrangements for Russian clients.

HSBC Still Aiding Tax Fraud Even After Justice Department Settlement

Justice Department officials have defended deferred prosecution agreements

Offshore Tax Evasion: The IRS & Swiss Banks

Switzerland is the epicenter of international tax evasion & money laundering.

Jersey Tax Bulletin - Deloitte

Welcome to the January 2015 edition of the Jersey Tax Bulletin, which provides an update on recent local and international tax issues relevant to Jersey businesses and individuals.

The era of offshore bank secrecy is dead

Almost every day brings new evidence that the era of bank secrecy for tax evaders using Swiss and “offshore” bank accounts in “tax havens” is over.

IRS Targets Banks In FATCA Crackdown

The US Internal Revenue Service has posted tax investigators to foreign embassies to lead a Foreign Account Tax Compliance Act crackdown on suspected tax evasion.

Non-doms to feel the squeeze by Gary Heynes

This would push the remittance basis charge into the realms of just being available for the ultra-wealthy or those who are short-term in the UK.

Saffery Champness recognised in new Power Women awards

All nominations were reviewed by a panel of 11 judges led by Julia Warrander, chartered wealth manager and founding member of Affinity Private Wealth.

Fiji Gives Amnesties On Offshore Assets, Tax Penalties

The Fiji Revenue and Customs Authority has announced two six-month amnesty programs, for undeclared offshore assets and for persons struggling to pay tax dues.

Searching Black money is like peeling onion

The issue of Indians hoarding black money in Swiss Bank and in other tax havens has been a political issue for so many years.

Democratic lawmakers push bill to stop corporate offshore tax moves

Democratic lawmakers Tuesday pushed legislation to stop U.S. companies from reincorporating overseas to reduce their tax bills, saying a wave of so-called inversions last year has nearly doubled the revenue the federal government will lose from those move