02/17/2014
Bermuda’s Minster of Finance, Bob Richards, commented, “We were confident that any entry on France’s list would be very short-lived as Bermuda is globally recognised as complying with the highest international standards on tax transparen
02/17/2014
Cracking down on alleged wealth stashed by Indians abroad, the government has initiated enquiries in several cases while information has been received in 67 such cases and prosecution for wilful tax evasion has been launched in 17 other cases.
02/13/2014
The income tax department has not been able to make any headway in detecting the offshore investments by Indians, including 20 big names from Andhra Pradesh, in the safe havens abroad.
02/11/2014
In a strong criticism that is similar to how many residents of Turks and Caicos Islands feel about the Special Investigation and Prosecution Team, the Public Accounts Commitee of Britain’s House of Commons has accused Helen Garlick’s former wo
02/10/2014
Local commercial banks and near banks regulated by the Bank of Jamaica, as well as other entities regulated by the Financial Services Commission, which are counted as Foreign Financial Institutions under US law, should now be engaged in registering online
02/07/2014
U.S. prosecutors on Thursday announced they indicted Peter Amrein, a Swiss asset manager, on charges that he assisted U.S. taxpayers in evading millions in taxes by hiding money in offshore trusts at multiple Swiss banks.
02/06/2014
The treasurer for Chancellor Angela Merkel's party said he would give up his position in April, after facing criticism for transferring money into a Bahamas-registered trust in 1997 and as a widespread debate on tax evasion continues to simmer here.
02/04/2014
Attracted by the Netherlands’ policies and extensive network of tax treaties, IBM joins companies such as Yahoo! Inc., Google Inc. and Cisco Systems Inc. that have used Dutch subsidiaries to cut taxes.
02/04/2014
Kendrick Christie, president of the Association of Certified Fraud Examiners Bahamas Chapter, asserted that “Value Added Tax is viable in the Bahamas”.