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.
03/25/2014
The Bahamas needs to position itself as a ‘low tax’ jurisdiction to access potential benefits from tax and investment treaties with other countries.
03/24/2014
A tax information exchange agreement is an agreement between two jurisdictions that sets the basis for co-operation between those jurisdictions by way of mutual exchange of information to assist both civil and criminal tax investigations.
03/24/2014
Three Caribbean-based men who helped Americans hide assets from U.S. tax authorities were charged in a sting operation with laundering what they were told was dirty money.
03/20/2014
The new agreement is based on the Organisation for Economic Cooperation and Development Model Tax Convention and provides for the exchange of information in accordance with the relevant articles thereof. The agreement will take effect once it has been rat
03/19/2014
A provision buried in the budget has lifted the threat that offshore funds will lose their favourable tax treatment.
03/18/2014
The deputy finance minister added Russia’s “reaction to the initiative will be positive, Russia will participate in the negotiations and will enter into agreements."
03/18/2014
Economiesuisse also said that limiting cash payments is both unnecessary and arbitrary
03/17/2014
As Canadians dutifully file personal income tax returns during the coming weeks, consider this: many profitable companies pay little or no tax.
03/17/2014
In her article, Stacy-Ann Maharaj discusses how financial institutions in Bermuda
03/17/2014
The BVI is now party to 25 TIEAs.
03/14/2014
Jersey and the Kingdom of Belgium signed a tax information exchange agreement at the Residence of the Ambassador for the Kingdom in London today
03/14/2014
$50K delivered to your door: a convenience of (illegal) offshore banking
The rich are not like the rest of us, and neither are their offshore bankers.
03/13/2014
Mauritius at The Forefront of Tax Friendly Countries For High Net Worth Foreigners
From “Tiger of the Indian Ocean” to “Cyber island”, Mauritius has turned now into a “Safe and Reliable Investment Hub” in terms of good governance as well as ethical, economic, political and social stability.
03/12/2014
The initialling of the agreement comes after several months of dialogue with the US Treasury. At this stage, the final text of the IGA has not been released.
03/12/2014
Treasury officials have admitted an agreement with Switzerland to open up its secret bank accounts for scrutiny is powerless in netting tax cheats who have already closed their accounts
03/12/2014
President of the Cayman Islands Bankers’ Association Mike McWatt says banks operating locally are ready for the implementation of the U.S. Foreign Accounts Tax Compliance Act
03/11/2014
Recently, the U.S. Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations held a hearing on the ongoing effort to collect unpaid taxes and penalties on offshore bank accounts.
03/11/2014
Fishermen clean a fresh catch along a beach in the Cayman Islands, a well-known tax haven.
03/10/2014
In The Minister of Finance v Bunge Limited [2013] CA(BDA) 4 CIV the Court of appeal considered a notice (Notice) issued to Bunge Limited (Bunge) by the Attorney General pursuant to a request from the Government of Argentina (Request) under an Agreement be