Managers of Wealth Offshore

Will Uganda Finally Be Able to Tax Online Multinationals?

The analysis discloses that despite commitments by OECD members, they are responsible for facilitating 78 per cent of the tax losses with the worst culprit being UK.

New planning permission tax to be debated in Guernsey

The new exemptions, if approved by the politicians, could make it easier to turn derelict hotels into housing.

Global Forum members continue multilateral efforts to advance transparency agenda and fight tax evasion

Celebrating 10 years of Global Forum capacity-building activities, members will also reflect on ensuring transparency and exchange of information benefit developing jurisdictions and help them in their fight against tax evasion and other illicit financial

Malta: Ministry justifies controversial tax scheme, says ‘consulted bodies’

“No negative feedback by any stakeholders about this proposal”

Are there threats to offshore trusts? A Guernsey perspective

Guernsey has successfully navigated the international currents driving such initiatives, positioning itself as an early adopter of CRS and FATCA

Malta: PN against tax amnesty that ‘awards abuse’

The Opposition will present a parliamentary motion to repeal a legal notice published by government that gives tax defaulters an amnesty

'State of Tax Justice 2021: A Critical Review'

As Cayman Finance research continues to demonstrate, TJN reports consistently lack credibility because of significant problems with their choice of data and application of methodology.

New tax regime for UK asset holding companies

The new regime includes a number of UK tax reliefs which we expect could be of interest to fund managers and investors in alternative assets.

Johnny Ronan shifts tax residency to Malta

Developer now registered at flat close to Valetta

Federal Council brings new legal framework on implementation of international tax agreements into force

The revision of the law now also stipulates how mutual agreement procedures are to be carried out at national level, provided the applicable agreement does not contain any deviating provisions.

Revised Tax Legislation Proposal No Longer Includes Certain Estate and Gift Tax Provisions

In order to increase revenue, the current proposal would impose a surtax on individuals with income in excess of $10 million per year and on trusts at much lower income levels.

G77 takes the initiative as G20 papers over the cracks of weak OECD tax deal

Two multilateral instruments are still to be designed, signed and ratified before binding changes come into effect.

The Pandora Papers: How punishing tax cheats can serve as a deterrent

This is not the first time the public has learned about how the wealthy evade taxes and shield their riches.

Majority of publicly traded U.S. multinational firms use tax havens

Data suggests public scrutiny may influence whether firms disclose offshore subsidiaries

U.S. has become haven for tax dodgers

Dynasty trusts have been established that allow wealth to be transferred from generation to generation, while avoiding federal estate taxes.

Overseas tax evasion, money laundering and increased housing prices in Canada

In recent weeks, more than 130 countries have agreed that corporations will pay more taxes in the countries where they earn their money.

HMRC builds war chest in battle against tax avoidance

But tax experts said the government could have gone further to ensure companies and individuals pay the tax they owe.

European Parliament suggests taxing golden passports

Five policy approaches proposed

Tax Transparency For Financial Institutions: A Cost Or An Opportunity?

Many financial institutions have experienced significant internal pressures when implementing these complex requirements

Global Tax Agreement May Shake Up Taxation of Multinational Enterprises

The agreement, if implemented, could increase the complexity of the international tax system. Pillar One requires new source rules and dispute resolution procedures specific to those MNEs subject to the special nexus rule.