03/22/2012
Chancellor George Osborne has put measures targeting the wealthy at the core of a budget that is also set to cut tax for business and clamp down on tax avoidance by corporates and individuals.
03/22/2012
The top rate of tax will now fall to 45 per cent from April 2013, and the expectation must be that a similar level of income will be deferred until 2013/14.
03/22/2012
The union was presenting its findings to the Senate inquiry into the flight of capital and assets abroad.
03/21/2012
While concerns about further economic uncertainty continue to be top of mind for business leaders, issues such as fraud and ethics, mergers and acquisitions, large programs, new product introductions, and business continuity were identified among the top
03/20/2012
Thomas Eggar’s expert private client team provides a broad range of specialist legal and tax support to individuals in areas including family, wealth planning and tax & trusts.
03/20/2012
Gold jewelers in India, the world’s biggest bullion buyer, will extend the first nationwide strike in seven years for two more days to demand withdrawal of some levies, a trade group said.
03/19/2012
Kon - a key negotiator in the Proskauer talks - yesterday reaffirmed the firm’s plans to revisit the opportunity with another firm.
03/16/2012
The media recently seems to have been full of stories about tax avoidance – but do they really mean avoidance or do they mean evasion? It seems to me that the line is getting increasingly blurred.
03/15/2012
The Securities Arbitration Law Firm of Klayman & Toskes has announced that it is continuing to pursue securities arbitration claims against UBS Financial Services UBS with the Financial Industry Regulatory Authority's ("FINRA") Office o
03/15/2012
Two Swiss men who acted as “full service tax evasion advisers” helped U.S. clients hide hundreds of millions of dollars from tax authorities, while delivering cash in hotels and through a child courier, prosecutors said.
03/15/2012
The EU commissioner trying to stop tax cheats from hiding money in Switzerland is puzzled why Austria and Luxembourg are standing in his way.
03/14/2012
He was an active participant in the guessing game and could have extracted himself before straying into dangerous territory but he did not do so.
03/13/2012
Prosecutors in New York charged Rudy Kurniawan, 35, with "multiple fraudulent schemes" relating to his wine business between 2007 and 2012, including attempting to sell fake wine and fraudulently obtaining millions of dollars in loans.
03/13/2012
UBS AG (UBSN) and Deutsche Bank AG (DBK) said they don’t owe taxes over a 2003 compensation plan U.K. authorities argue was designed to avoid millions of pounds in taxes and national insurance contributions on employee bonuses.
03/12/2012
The Cayman Islands-headquartered law firm wasted no time in launching an aggressive head-hunting campaign, poaching numerous market-leading partners and lawyers from A&L Goodbody, Matheson Ormsby Prentice and Arthur Cox.
03/12/2012
A tax deal with Switzerland aimed at preventing high-earning expats and big businesses using the country's secretive banking system to avoid paying UK rates has been criticised by MPs
03/12/2012
The 34-year-old from Livingston, West Lothian, has been ordered to pay back £1,984,794 after a proceeds of crime investigation by City of London Police.
03/12/2012
Rule Financial has announced the results of a study into the impact of the Dodd-Frank Act on the buy and sell-sides.
03/09/2012
The audit was commissioned by the SNB after former chairman Philipp Hildebrand resigned in January amidst a furore over international financial transactions carried out by his wife.
03/09/2012
The subject of taxes paid by the rich is topical, particularly in countries such as the US and France where some want to be taxed at a higher rate to deflect criticism about a widening income gap between the poor and the wealthy.