07/28/2022
Royal Bank ordered to reveal who's behind 97 offshore accounts
CRA won't say why it's taken 6 years to pursue companies named in 2016 leak
Tax
07/27/2022
Global Legal Insights Corporate Tax 2022: Luxembourg
Transfer pricing requirements continue to expand along with increased enforcement activities by the Luxembourg tax authorities.
07/25/2022
Peter McGahan: The stars that unnecessarily fell through tax advice
Many of these have agents who often determine the individual’s financial adviser, and with such complex financial issues, schemes can be put forward by an ‘adviser’, keen to impress, that sail way beyond ‘close to the wind’.
07/20/2022
Bermuda: Global Tax Initiatives – A Bermuda Perspective
The regime has been developed following years of intensive negotiation aimed at combatting tax avoidance in a digitalised and globalised world.
07/19/2022
Cyprus: Tax Strategy For Individuals & Companies
High Net Worth Individuals can take advantage of Special Tax Regimes offered by countries that enable them to receive Worldwide Dividends Entirely Tax-Free or even to Acquire EU Citizenships.
07/18/2022
Senior appointments consolidate BDO Group’s Jersey team
Prior to this he sat on the board of Ogier Fiduciary Services Jersey Limited.
07/14/2022
‘Companies must accept that remote working is here to stay’
Having started out as a model, Ms Asante then went into politics as a case worker and policy adviser before travelling to Florida to study for a masters in international tax.
07/14/2022
Bernie Ecclestone’s lessons on tax for offshore traders
The number of wealthy UK taxpayers admitting to unpaid tax on offshore assets has jumped 35% from 3,301 to 4,443 in the last year according to multinational law firm Pinsent Masons.
07/12/2022
BDO Jersey makes four senior promotions
Through their expertise we will be able to effectively support our clients and help them succeed through their business lifecycle.
07/12/2022
Guernsey tax office making progress on reducing backlog
Head of service delivery Sarah Davies said the service was "doing its best" to get through returns.
07/11/2022
OECD will assist Peru in its fight against harmful tax practices
It is worth mentioning that the BEPS was promoted by the OECD and the G20, and is made up of 141 countries, including Peru since 2017, in order to work together to prevent tax evasion and avoidance.
07/06/2022
How can HMRC estimate the overall tax gap at 5.1% but profess no idea about the offshore element? Analysis from Andersen’s Andrew Park
This is almost unchanged and fractionally lower than the 5.3% overall estimate the previous year.
07/01/2022
Bracken Rothwell expands Jersey board with two new appointments
Adam Gavin has been with Bracken Rothwell since 2018 and has 17 years of experience in the Jersey Finance industry starting in audit before working in trust for a period before returning to audit.
07/01/2022
Puerto Rico suspends operations of bank amid global probe
Authorities have announced a suspension of the operations of Puerto Rico-based Euro Pacific International Bank, which officials previously said was under suspicion of facilitating money laundering and offshore tax evasion
07/01/2022
EY announce Channel Islands Partner promotions
Leo Boessenkool has been promoted to Partner in the Technology Risk team, and Adam Knight has been promoted to Partner in Assurance.
06/29/2022
Tax Country Guide: Bermuda
Bermuda is the oldest self-governing overseas territory of the United Kingdom, with a local democratically elected government responsible for internal affairs, and the U.K. retaining responsibility for external affairs, defense, and security.
06/28/2022
‘Delaware is everywhere’: how a little-known tax haven made the rules for corporate America
In his new book “What’s the Matter with Delaware?” former Financial Times reporter Hal Weitzman explores the tiny state’s massive role in global financial secrecy.
06/27/2022
No rush on implementing global tax rate
The issue came up for discussion on Thursday morning during a global business industry update which was hosted by the Barbados International Business Association (BIBA) and forms part of its 25th-anniversary celebrations this year.
06/24/2022
UK ranks third in Europe for most unpaid corporate tax with over £21bn owed
The UK ranks third with losses of £21.2 billion a year, followed by Spain (£4.3 billion) and Luxembourg (£2.2 billion).
06/23/2022
BVI To Launch New Tax Administration Platform
The IRD said it will be focusing its efforts in the coming weeks on re-registering businesses and registering the details of all individual taxpayers of employable age.