05/19/2014
Spain’s onshore reputation and global network double taxation treaties provide Spain with an excellent platform from which to offer international onshore structures.
05/15/2014
This change will mean HMRC “only has to demonstrate the income was taxable and undeclared meaning it will be easier to secure successful prosecutions of offshore tax evaders
05/15/2014
Exempt schemes are private arrangements, which cannot be marketed to the general public and are restricted to having no more than 49 investors.
05/14/2014
SMP Partners - Automatic Exchange of Information
The legislation, regulations and guidance for both the US and UK regimes is complex and many areas of practical implementation are not yet totally clear.
05/14/2014
Hong Kong's tax system needs complete review, institute says
Hong Kong lacks adequate tax laws to handle measures to combat tax evasion implemented by G20 governments,
05/13/2014
Gibraltar Signs Tax Agreement With US
The Minister with responsibility for Financial Services, Albert Isola, signed an Intergovernmental Agreement between the US Government and the Government of Gibraltar at a signing ceremony in the US Embassy in London on Thursday.
05/13/2014
Charges over Cayman Islands tax haven dropped
The charges, which carried jail terms of up to 25 years, were withdrawn by the Commonwealth Director in Sydney Local Court on Tuesday morning.
05/13/2014
The 2012 tax reform, which was approved by the Diet in March 2012, introduced a reporting requirement for offshore assets.
05/12/2014
Swiss bank pays $4.4mn to avoid US tax rap
The agreement is part of a US push to find tax dodgers and punish the banks that help them.
05/09/2014
'Central Asia and Africa may take place of Switzerland and Singapore as offshore banking havens'
They have signed up 47 countries today. there are more to come
05/08/2014
The move is a big step forward for governments that have mounted a concerted attack on evasion in the wake of the global financial crisis and a series of tax scandals.
05/07/2014
Switzerland has a low corporate tax rate to attract foreign firms and it been forced by the European Union to consider revising its corporate tax code
05/05/2014
Swiss Banks Follow The Money To Panama
Swiss banks have also been casting their net in the Latin American state.
05/05/2014
Russia Knows Europe Sanctions Ineffective With Tax Havens
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe.
05/04/2014
U.S. Firms With Irish Addresses Get Tax Breaks Derided as ‘Blarney’
They’re all chief executive officers who have given back to their communities. They oversee thousands of American workers. And they run companies that have opted out of the U.S. tax system.
05/02/2014
Black money: India steps up pressure on Switzerland to share HSBC bank info
India has strongly objected to Switzerland’s denial of information about account details of certain Indians at HSBC’s Swiss bank branches, in whose cases “incriminating evidence of tax evasion” have been found here.
05/02/2014
Guernsey Wary Of Publicizing Ownership Information
Guernsey's Chief Minister and the head of Guernsey Finance have responded to UK Prime Minister David Cameron's recent letter calling for the creation of a public registry of beneficial ownership of Guernsey companies.
05/01/2014
Cayman, Belgium Sign Tax Information Exchange Agreement
Cayman's 35th, provides for the exchange of information for tax purposes
05/01/2014
Ex-Mizrahi Banker Said to Be Indicted in U.S. Tax Fraud Case
The bank wasn’t named as a defendant in the indictment filed yesterday in federal court in Los Angeles, which referred to “Bank A.”
04/30/2014
Did your Swiss Bank enter into a Non-Prosecution Agreement?
What does that mean for you and what actions should you take?