06/11/2014
The initiative, first unveiled at the G8 summit last year, forms part of global efforts to crack down on tax evasion, and the UK government was vocal about stopping its citizens from using shadowy ‘shell companies’ for money laundering.
06/11/2014
Despite international efforts to clamp down on offshore tax havens, small offshore havens for tax dodging and money laundering are becoming even busier.
06/10/2014
The most profits officially booked offshore, and the most success in avoiding paying corporate income taxes to any government at all. They include prominent corporate titans such as American Express, Apple, Bank of America and Nike.
06/10/2014
Within 24 hours of his May 26 inauguration, Modi created an investigative team of former judges and current regulators
06/09/2014
Messi caught up in 1m money laundering mess
The corresponding bank slips list the recipient as a company by the name of 'G. Marín-Messi
06/09/2014
The companies included on the list are affiliates of the top 40 family-run conglomerates.
06/06/2014
Cyprus and India closer to resolving double-tax dispute
Cyprus has provided all the tax information and documents requested
06/05/2014
The Islands Treasured by Offshore Tax Avoiders
Did you know that United States companies earned $129 billion in 2010 in three small groups of islands?
06/04/2014
More than 1,200 Bermuda entities have signed up to FATCA
FATCA requires financial entities in participating countries to tell the US government about Americans’ accounts that are worth more than $50,000.
06/04/2014
Cyprus: FATCA And The US-Cyprus Connection
The US Department of Treasury has announced that Cyprus and the US have reached agreement in substance as regards the Inter-Governmental Agreement for FATCA and Cyprus has consented to being included on Treasury's list of Model 1 jurisdictions.
06/02/2014
Below is the final position paper of the Coalition for Responsible Taxation.
06/02/2014
The United States is targeting so-called offshore tax havens by claiming that billions of dollars of taxes are being evaded.
05/30/2014
There has been remarkable progress in the fight against tax evasion and corporate avoidance in the past eighteen months.
05/29/2014
U.K. Government Urged to Probe Alliance Boots Over Tax Affairs
They contend that the company avoided paying at least 1.12 billion pounds through interest deductions over six years, reducing its U.K. corporate tax bill by 95 percent.
05/29/2014
Guernsey set to join OECD’s top club in fight against tax evasion
The OECD and the Council of Europe's Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August.
05/28/2014
54% Of Offshore Profits Held In 12 Tax Havens, Study Says
A majority of American corporations’ offshore profits are held in 12 tax havens, according to a study published Tuesday.
05/28/2014
Foreign Account Tax Compliance Act (FATCA) Enforcement Delayed
This period is being called a “transition period” as it will ease the anxiety that the law has caused to the foreign institutions and take the pressure off
05/28/2014
The Swiss Government is poised to pass HMRC a "hit list" of ten nations where holders of Swiss bank accounts siphon their money to.
05/27/2014
The question remains if any other Swiss bank will suffer the same fate as Wegelin, that was forced to dissolve after being convicted by a criminal court at the beginning of 2013.
05/26/2014
The study was extremely blunt on this issue