04/23/2014
Almost three years later, we find you have not complied with the orders to divulge the details of Liechtenstein bank account holders' names to the petitioner.
04/21/2014
As Swiss banks wait for the US authorities’ tax evasion spotlight to fall on them
04/17/2014
Taxman nets €1bn in offshore bank accounts investigation
The significant milestone was reached in recent weeks, the Revenue Commissioners has revealed.
04/17/2014
IRS Issues John Doe Summons For Hidden Accounts
The US Government's recent crackdown on offshore tax evasion shows no sign of slowing down and appears to be expanding to include new jurisdictions.
04/15/2014
UK Plan New Penalties For Offshore Tax Evasion
This change will mean HMRC only has to demonstrate the income
04/15/2014
The Securities and Exchange Board of India (Sebi) is collating data on these companies and the bank to zero in on the ones who could have used FII sub-accounts to channelize money into India through the Mauritius route to jack up their own stock prices
04/14/2014
George Osborne: 'If you are hiding your money offshore, we are coming to get you'
People who hide their money overseas to avoid paying tax face bigger fines and could be jailed more easily under government plans to fight tax evasion.
04/10/2014
BVI: Tax planning backfired?
The bitter marital split of aviation tycoon Clive Joy has highlighted the issue
04/10/2014
George Osborne, in last month’s UK Budget, mainly spoke of positive economic and tax changes in advance of next year’s UK elections. However, his brief reference to offshore was perhaps not so positive: “
04/07/2014
Taxpayers are ineligible to participate in the IRS's limited-amnesty program
04/07/2014
This is a purely civil procedure, and can be carried out without the tax evader being publicly named.
04/07/2014
The subcommittee questioned bank executives
04/07/2014
Credit Suisse faces the threat of a new investigation into its role in helping wealthy Americans avoid paying taxes after New York state’s top financial regulator requested documents from the Swiss bank.
04/04/2014
WATCH out. The Australian Taxation Office is on an offshore treasure hunt, and it’s coming after you. That is, it’s coming after you if you happen to have earned some offshore income, or own foreign assets, which you have failed to report in p
04/02/2014
The Bahamas is aiming to finalise its Foreign Account Tax Compliance Act inter-governmental agreement with the US next week
03/31/2014
International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners
Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing.
03/27/2014
MPs tell Barclays' tax haven to get out of Africa
Thirteen MPs have tabled an early day motion condemning the "negative impact" of Barclays' offshore tax avoidance in Africa.
03/25/2014
As part of a plea agreement, an ex-Credit Suisse banker recently disclosed how U.S. customers avoided offshore account disclosure requirements.
03/25/2014
The Internal Revenue Service initially will make limited use of information supplied by other governments about U.S. citizens’ offshore holdings because of budget constraints
03/25/2014
The Department of Justice, confirmed it has charged 35 Swiss bankers and 25 financial advisors with helping U.S. Taxpayers hide their undisclosed overseas accounts, but has not yet sought their extradition to the United States.