Managers of Wealth Offshore

Opinion: The global tax revolution is coming

One hundred and thirty countries have reached an agreement on implementing a better system of taxation, under the aegis of the OECD.

Global tax overhaul backed by 130 countries

All G20 countries, such as the US, UK China and France, did back the agreement.

The OTS recommends more support for taxpayers on capital gains tax

Many people have limited awareness or understanding of CGT.

Offshore tax and secrecy perks fading in St Lucia

International tax consultant Allison Peart says, however, that the tax rate alone should not be the determining factor in the decision by Jamaican companies registered in the eastern Caribbean country on whether to call it quits or remain domiciled there.

ViacomCBS dodged billions in taxes via schemes involving the Netherlands, new study says

For two decades, the multinational mass media conglomerate took advantage of tax havens in a global “game of cat and mouse,” Dutch researchers find.

Taxing MNCs — G-7 formula is erroneous

The G-7 move is prompted by a tendency among MNCs to register in low-tax European jurisdictions such as The Netherlands, Ireland, and Luxembourg and some Caribbean nations, and show their revenue and profits in those jurisdictions regardless of where thei

Bargaining over global tax enters key stage

The proposal will then be taken up by the G20 club of wealthy and emerging countries at a meeting of finance ministers in Italy on July 9 and 10.

Experts fear a takeover of Morrisons could see the supermarket giant shift offshore for tax reasons

But it is feared that a private equity buyout could see Morrisons' tax base shifted out of the UK.

Complying with the new Tax & SPV regimes in Mauritius

Mauritius has continued to innovate in order to retain its role as an international financial centre of substance

BAHAMAS: Govt to publish white paper on tax study findings

“We want to ensure that we reform our tax system in a way that supports even greater opportunities”

MALTA: Recommended proposal for the extension of tax incentives put forward by the president of MDA Sandro Chetcuti accepted

The announcement was made during a meeting between Prime Minister Robert Abela and the Maltese Developers Association on Wednesday at the AX Group business centre

Bermuda digs in against global corporate tax deal

‘It’s a sovereignty issue,’ says Bermuda finance minister Curtis Dickinson

‘It’s a sovereignty issue’: Bermuda digs in against global tax deal

Tax haven faces uncertainty after G7 nations move to back minimum corporate levy

What does a global minimum corporate tax mean for Caribbean financial centres?

The global minimum CIT would require a corporation from a country which implements this floor (the ‘home country’) to pay taxes on its profits at this particular rate, even if those profits are declared overseas, such as in a lower-tax jurisdi

What is the global minimum tax and how will it impact Cayman?

Multinational companies have over the years devised many ways to pay less tax.

The G-7 discussed a new global tax. But we could be even more ambitious.

In the 20th century, development economists envisioned international taxes that would reduce inequality

Don’t cry for tax havens, Cayman Islands

But many of the breaks the islands give to its pet sector of hedge funds and other investment firms may remain despite a push to make companies pay more.

MALTA: Government incentives to entice people to work

The maximum tax credit in this case is of €2,000 to be set off against taxable income from employment (employee or self-employed).

Jersey’s talent stands tall next to world’s largest businesses

Both CX entries are competing in the same category as the global energy giant Shell and the Indian telecoms company Tata Communications.

The idea behind a Global Minimum Tax Rate

Major economies are aiming to discourage multinationals from shifting profits to low-tax countries regardless of where their sales are made.