Managers of Wealth Offshore

ABIR Applauds US/Bermuda FATCA Agreement

The agreement, which signals international cooperation on tax law enforcement and compliance, seeks to promote transparency on tax matters.

UN Raps Liberia Over Trafficked Diamonds

Miners who unearth gems in Sierra Leone are motivated to smuggle the stones out of the country in order to avoid having to pay a 15% tax on diamonds valued at over half a million dollars.

Jersey Finance welcomes confirmation of removal from French list of non-cooperative jurisdictions

Jersey Finance has welcomed confirmation from the French Ministry of Finance that Jersey has been removed from France’s list of non-cooperative jurisdictions.

Australian Taxation Office advised to use Paul Hogan to promote its offshore tax evasion crackdown

The bizarre proposal, contained in a $200,000 taxpayer-funded study for the ATO, proposes to "enhance his personal profile'' by paying a charity of Hogan's choice instead of an appearance fee

Tax havens Jersey, Isle of Man, and Guernsey join tax fraud pact

The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens.

Malta signs foreign account tax compliance act with US

Finance Minister Edward Scicluna and US Ambassador Gina Abercrombie-Winstanley signed the Foreign Account Tax Compliance Act yesterday

Actively sharing financial intelligence with India: Mauritius

Hopeful of signing a new TIEA with India soon, Mauritius has said its regulatory authorities and financial intelligence units are actively cooperating with their Indian counterparts for sharing of information.

Putin Calls For Several Tax Changes

Russia needs to address the problem of illicit capital outflow and tax evasion, and more effort needs to be put into supporting economic growth in the Far East, according to the President Vladimir Putin.

Woman Indicted in Cayman Island Tax Scheme and for Lying to Federal Authorities

Offshore tax evasion is an issue of fundamental fairness

Jersey Finance welcomes signing of USA FATCA agreement

The announcement that Jersey has signed an agreement to implement the US Foreign Account Tax Compliance Act provides further evidence of its active role in developing international tax compliance initiatives.

Guernsey signs FATCA agreement with USA

Guernsey's Chief Minister was joined by his Crown Dependency counterparts today in signing a FACTA agreement with the US Government.

Bracken Rothwell and the Fairway Group join PrimeGlobal

Bracken Rothwell and the Fairway Group have joined the Europe, Middle East and Africa region.

Worldwide: Spilling Secrets: The End Of Confidentiality In Offshore Financial Centres

OFCs are most frequently associated with tax evasion or other unlawful uses, although there are numerous legitimate purposes for setting up an offshore account or corporation.

Non-doms no longer be able to avoid duty by putting their earnings through low-tax foreign jurisdictions

Chancellor comes knocking for fat foreign incomes: Government moves to clamp down on tax loophole

SA as a centre for international fund managers is the tax environment a help or hindrance?

South Africa has a number of attributes that make it attractive as a place from which to manage international investment portfolios

FATCA: Rapidly Becoming The Global Model For Combating Offshore Tax

The Foreign Account Tax Compliance Act is an important development in US efforts to improve tax compliance,

Swiss banks prepare to bow to US demands, ditch culture of secrecy

Listed banks which participate in the programme could start telling investors from next week whether or not they have to take provisions against possible fines

Guyana’s flank: The US steps up the war against tax evasion, money laundering

This is true not only for the international level, but more specifically for Guyana and the wider Caribbean

Island signs joint statement on tax info exchange

The Isle of Man is one of 30 countries to have signed up to a joint statement supporting the development of a single global standard for the automatic exchange of information between tax authorities.

Making fiscal decentralisation work: lessons from around the world - OECD

This is the first time that the revenue aspect of decentralisation has taken centre stage at a global level to allow countries to debate key questions about who should tax what and share good practices and experiences.