Managers of Wealth Offshore

Irish Revenue nets $1 billion in offshore account probe

Any undeclared interest and income earnings or other capital gains will be subject to penalties and interest

INDIA: Not naming Liechtenstein bank account holders contempt: Supreme Court to govt

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.

Switzerland: You can dodge, but you can’t hide

As Swiss banks wait for the US authorities’ tax evasion spotlight to fall on them

Taxman nets €1bn in offshore bank accounts investigation

The significant milestone was reached in recent weeks, the Revenue Commissioners has revealed.

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.

UK Plan New Penalties For Offshore Tax Evasion

This change will mean HMRC only has to demonstrate the income

Sebi lens on companies for stock tweak via Mauritius

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

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.

BVI: Tax planning backfired?

The bitter marital split of aviation tycoon Clive Joy has highlighted the issue

A UK tax update for offshore trustees and professionals - Baker Tilly

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: “

The Next Offshore Tax Target: Cayman Islands

Taxpayers are ineligible to participate in the IRS's limited-amnesty program

Tax evaders face court action in crime blitz

This is a purely civil procedure, and can be carried out without the tax evader being publicly named.

Credit Suisse Is Said to Be Facing Double-Barreled Inquiries

The subcommittee questioned bank executives

Credit Suisse Faces Threat Of New US Probe For Offshore Tax Evasion

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.

Australian Taxation Office cracking down on offshore cash

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

Bahamas Aims To Complete Fatca By Next Week

The Bahamas is aiming to finalise its Foreign Account Tax Compliance Act inter-governmental agreement with the US next week

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.

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.

The plea deal of an ex-banker details tax-evasion schemes

As part of a plea agreement, an ex-Credit Suisse banker recently disclosed how U.S. customers avoided offshore account disclosure requirements.

IRS to Make Limited Use of Offshore Bank Data, Koskinen Says

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