11/30/2020
Taxing The Super-Rich To Help The Poor
Half of the world’s population lives on less than $5.50 per day.
Tax
11/26/2020
Cayman Islands Update: Additional Updates On Economic Substance
The Advisory includes a link to notes7 published by the DITC, which explain the purpose of the ES Returns and provide a high-level overview of the required data points.
11/25/2020
Barbados Government dismisses The State of Tax Justice 2020 report
In relation to Barbados, the report said the country was losing US$138.6 million in taxes, the equivalent of the salaries of 8 404 nurses.
11/25/2020
JAMAICA: $4b Tax Cheats - Multinationals Under Microscope For Offshoring Wealth
The report stated that approximately 3,300 new firefighters, or 3,000 public inspectors, or 3,000 community health aids could have been employed in the public service had that money been netted by the Government.
11/23/2020
African nations must take a stand against tax abuse and illicit financial flows
This will require a shift from the instrumentalisation of foreign aid for securitisation purposes, a fundamental rethink of globalisation and development, and political leadership.
11/23/2020
Inside Kelly Loeffler's offshore tax shelter scheme
Though ICE pushes back against the notion that its clearinghouse allows companies to avoid U.S. taxation, the new disclosure of its use of Ugland House — for years pilloried and parodied as one of the most egregious examples of an offshore tax dodge
11/20/2020
FRC announces company reporting expectations for 2020/21
During a recent thematic review the FRC noted the quality of cash flow statements was a concern, numerous basic errors were seen
11/20/2020
Andersen Global Adds Additional Collaborating Firm in Barbados
Andersen Global Chairman and Andersen CEO Mark Vorsatz added, “Our collaboration with Dominique and her team enhances our capabilities in Barbados and is the next step in integrating more seamlessly with locations in the Caribbean.
11/19/2020
To fight inequality and COVID-19, tax the ultra-rich
The federal government should introduce new taxes targeting extreme wealth concentration and use the revenues to strengthen social safety nets and stimulate the economy.
11/19/2020
No New Taxes Or Fees Will Be Imposed, Says Premier
The Premier said total expenditure, excluding capital, has been reduced to $273.1 million or 29.5 percent of Gross Domestic Product (GDP) or $28.2 million or 9.4 percent lower than the approved estimates
11/18/2020
The Taxman Cometh
Requests can come from any of the countries with which the States of Jersey has agreed a TIEA or which is party to the CMAA.
11/17/2020
Tax havens
According to recent estimates, tax havens collectively cost governments 500-600 billion U.S. dollars a year in tax revenue lost, through legal and other means.
11/12/2020
Deloitte wins at Leaders in WellBeing Awards 2020 for second year
The Leaders in WellBeing Awards were created last year to celebrate the growing wellbeing-related activities of organisations and individuals in the Channel Islands:- including corporates, entrepreneurs, health and wellbeing practitioners, government depa
11/12/2020
Top Finance Official Denies That Bahamas Over-Taxed
The positive side is that you have more disposable income to spend, but on the other side our infrastructure is in tatters because we have a $2bn infrastructure deficit according to the IDB.
11/12/2020
Who can benefit from Malta’s Fiscal Units which consolidate income tax?
The new legislation allows for this by giving companies the right to form Fiscal Units.
11/12/2020
Swiss government approves new law governing tax treaties
The new law would stipulate how mutual agreement procedures in tax treaties are to be carried out at the national level.
11/10/2020
Life companies set for UK property fund tax reprieve?
Consultation paves the way for an exemption for offshore providers
11/06/2020
Geneva Blocks Funds in U.S. Tax Case
The software billionaire is accused of code-naming nominees («King,» «Bonefish,» and «Snapper») on an offshore structure and used a charitable trust to hide assets.
11/06/2020
Tax Planning Challenges for Trustees
The Trust Litigation specialists also considered how to deal with problems when they arise
11/05/2020
Colombia: Wide and ‘Patchwork’ Taxation of Offshore Indirect Transfers
The Treasury recently issued regulations in August 2020 (Decree 1103 of August 10, 2020).