Managers of Wealth Offshore

OECD raps Cyprus over tax transparency

Luxembourg, Cyprus, the British Virgin Islands, Switzerland and the Seychelles do not meet international standards on tax transparency, potentially putting investments in the countries at risk.

Cayman Islands Insurance Companies and FATCA - Maples and Calder

To understand the approach that will be taken in the Cayman Islands, it is helpful first to have a high level understanding of the FATCA regime.

How We Hid our Money Offshore It's Easier Than You think

QMI currently holds a credit card in good standing, issued from a tiny Caribbean island, to hide money from Canadian tax authorities.

ActionAid Slams Barclays for Corporation Tax Avoidance Promotion in Africa

ActionAid has slammed Barclays for claiming to be a "force of good" despite promoting the use of offshore tax havens to big companies operating in Africa

Switzerland Under Tax Pressure Ahead Of Jakarta Global Forum

The Confederation appears to be caught between a rock and a hard place.

Cayman Islands Signs FATCA Type IGA with UK - Maples and Calder

The UK IGA follows the signing of similar agreements between the UK and Jersey and Guernsey, respectively, on 22 October 2013, and the UK and Isle of Man on 10 October 2013.

Russian Investigative Committee proposes liability for offshore tax-evasion schemes

The problem of offshore zones was raised by Russian President Vladimir Putin in June, when he announced on the heels of the G8 summit that Russia would tackle the problem by drawing up a national plan to deal with such tax havens

Global Forum moves towards automatic exchange of tax information and transparency

The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide.

Tax Amnesty a Success in Netherlands

The tax amnesty program currently being run by the government of the Netherlands has already proven to be a success, with more than 500 taxpayers coming forward to disclose information about undeclared offshore incomes and assets

Here's why Cyprus is not happy with India

India's aggressive clampdown on possible tax evasion through the misuse of double tax avoidance treaties has taken its toll on the Mediterranean island nation.

Puerto Rico Is Hiring 195 to Crack Down on Tax Evasion

The Puerto Rico Treasury is taking a variety of steps to crack down on tax evasion

Butterfield vows to cooperate with US tax evasion probe

The move came after US taxpayers admitted to 371 previously undisclosed accounts at ZKB and 81 accounts at the Butterfield Bank — a breach of US tax laws.

OECD Secretary-General welcomes Liechtenstein’s moves toward transparency

OECD Secretary-General Angel Gurria welcomed today Liechtenstein’s announcement of plans to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and take further steps to increase transparency and international co-oper

U.S. and France Agree to Cooperate More Intensively Against Tax Evasion

The agreement was signed in Paris by Finance Minister Pierre Moscovici and the United States ambassador, Charles H. Rivkin. It adds an important partner to the Foreign Account Tax Compliance Act

Singapore Nears FATCA Agreement With US

FATCA, enacted by Congress in 2010, is intended to ensure that the US obtains information on accounts held abroad at foreign financial institutions by US persons.

Cayman 4th in secrecy league

The Tax Justice Network is often dismissed by players here but it is a well-known international NGO which focuses on promoting transparency in international finance and opposes all secrecy. Opposing legal tax avoidance as well as illegal evasion

Five banks must divulge info on alleged tax dodgers -U.S. attorneys

The Internal Revenue Service has obtained court orders to force five U.S. banks to divulge information about U.S. account holders who allegedly hid money with banks based in Switzerland and Bermuda to evade taxes

OECD consults on transfer pricing matters

The meeting was attended by delegates from more than 35 countries and by more than 150 representatives of business, academia, civil society and the press.

Tax Justice Network Again Names Switzerland 'Most Secretive'

Switzerland has once again been named the world’s most secretive jurisdiction by the Tax Justice Network, a UK-based campaign group.

Citigroup, BNY Mellon Records Sought by IRS in ZKB Tax Probe (1)

ZKB, the biggest of Switzerland’s publicly owned regional banks, “conspired with U.S. taxpayers to help them conceal their foreign accounts,”