01/22/2014
As of January 1, 2013, United States banks were required to report to the IRS interest earned by nonresident aliens who are residents of certain foreign countries.
01/22/2014
The British Virgin Islands’ (BVI) government entered into its twenty-fifth tax information exchange agreement (TIEA) with the Republic of Poland on 29 November 2013. The BVIPoland TIEA supplements similar treaties entered into by the BVI in 2013 wit
01/21/2014
HMRC issues letters to Cayman Islands evaders
UK residents with assets concealed on the island will have until September 2016 to disclose details to the taxman and pay any tax owed to HMRC
01/20/2014
Finance Minister Larry Howai says the successful re-negotiation of the Double Tax Treaty Agreement between Trinidad and Tobago and Germany is expected to deliver benefits.
01/20/2014
Amnesty in the offing for offshore tax dodgers
The Australian Taxation Office confirms it is likely to implement such an initiative.
01/20/2014
France has removed Bermuda and Jersey from a list of states that are uncooperative in efforts to combat tax fraud
01/20/2014
Liechtenstein's Prime Minister and Finance Minister Adrian Hasler has recently held talks in Vienna with Austria's Vice Chancellor and Finance Minister Michael Spindelegger
01/17/2014
Opposition MKs took action in response to reports that Prime Minister Binyamin Netanyahu maintained an offshore account in Jersey, a tax haven, while he was finance minister.
01/17/2014
Russia may reach for offshore assets with help of OECD
Russia could see a windfall of up to $6 billion in extra taxes if the government passes a bill to ratify OECD tax convention.
01/17/2014
PwC launches Intergovernmental agreement monitor
The expected wave of intergovernmental agreements (IGAs) implementing the tax reporting and withholding procedures commonly associated with the Foreign Account Tax Compliance Act (FATCA) has begun.
01/16/2014
US banks’ challenge to tax info exchange fails
Judge: Reciprocity needed to fight offshore tax evasion
01/16/2014
The DOJ said on Jan. 13 that the Florida Bankers Association and Texas Bankers Association had challenged the 2012 amendments to the Department of the Treasury’s interest-reporting regulations.
01/15/2014
Cazaneuve told lawmakers today that 11,000 people had applied to take advantage of the offer and this represents "potential revenue of more than one billion euros" for the French state.
01/13/2014
HMRC stepped up its attack on banks and other businesses that paid salaries and bonuses through trusts, ratcheting up an extra compliance bill for the 770 companies in the large business sector by 160 per cent to £533m in the year to April 2013.
01/07/2014
Some of the world’s most notorious secret account havens have agreed to give information about U.S. taxpayers to the Internal Revenue Service.
01/06/2014
Although this act is likely to further deteriorate FDI performance in the short term, it will undoubtedly improve Bulgaria's global investment climate in the long run, Global Risks Insights reports.
01/02/2014
Bermuda has a “long way to go” before it cannot be considered a tax haven
01/02/2014
The agreement was signed on behalf of the Government of Anguilla by Honourable Chief Minister and Minister of Finance, Mr Hubert B. Hughes and UK’s Exchequer Secretary to the Treasury, David Gauke.
01/02/2014
The state altered its tax laws to end the duration of a trust to the lifetime of a living heir
12/30/2013
The pension and investments specialist said the effort that HMRC is wasting on its delayed acceptance of the jurisdiction is to ‘no useful purpose’.