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
03/10/2014
Apple shifted billions in untaxed profits from its Australian operations to Ireland over the past decade
03/05/2014
What price taxation? Swiss privacy and the truth about offshore banking
Nowhere was the unedifying hubris of the bankster classes more obvious than in Swiss real estate.
03/05/2014
The authority's Chief Executive Wendy Pierre confirmed that the FSA has the capacity and the commitment to fulfill its mission, which is to provide a sound regulatory system in compliance with international laws and practices.
03/05/2014
“At the end of the day, I think he was convinced to say that the British Overseas Territories were the best regulated tax jurisdictions anywhere in the world.”
02/28/2014
Russia targets offshore investors
The Russian Finance Ministry will offer companies based offshore but with operations in Russia a choice: either disclose their ultimate beneficiaries and maintain their zero tax rate, or pay taxes at the higher Russian rate.
02/26/2014
Information exchange in Guernsey: the road to FATCA and beyond
Guernsey has been at the forefront in participating in international initiatives to promote tax transparency and fight tax evasio
02/26/2014
The Permanent Subcommittee On Investigations will hold a hearing on “Offshore Tax Evasion” on Wednesday, February 26, 2014, at 9:30AM, in Room G-50 of the Dirksen Senate Office Building. More information can be found on the Subcommittee’
02/25/2014
Expats With Property in UK to Face Capital Gains Tax
Expats non-resident in the UK who own British property will become liable for capital gains tax from next year.
02/25/2014
Cyprus and Norway sign agreement to avoid double taxation
Cyprus and Norway have signed an Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion, concerning Income Taxes, as well as a relevant Protocol.
02/25/2014
Bermuda cited as G-20 focuses on multinational tax issues
The world’s top economies agreed on Sunday to develop stricter rules on cross-border taxation to close loopholes that have allowed multinationals such as Starbucks Corp, Google Inc, Apple Inc and Amazon.com Inc to avoid paying taxes.
02/24/2014
Barbados' financial-services sector is rated as the second-largest source of foreign exchange earnings, behind tourism, for which new markets are being sought outside of Canada.
02/24/2014
Gibraltar Widens Tax Change Network
Parliament unanimously approved new legislation on Friday that will dramatically expand Gibraltar’s network of agreements for the exchange of tax information.
02/24/2014
Israel : Triggered by the Netanyahu scandal? New 'revolutionary' bill leaves little option for tax evasion in Israel
When wealthy Israelis and tycoons put their money in tax havens around the world, they could not have imagined that they would be exposed