03/15/2021
Wealth Tax is Coming to America
The trillions of dollars spent in government stimulus plans during the pandemic have greatly swollen the federal deficit, and Republicans — who supported stimulus spending during the Trump administration — now warn that the deficits risk becom
03/12/2021
Think-tank blasts States' 'home-grown' accounting principles
The GPEG report's authors say that, as far as priorities go, this should be number one, as it underpins all other financial decision-making.
03/11/2021
Tax haven ranking shows countries setting global tax rules do most to help firms bend them
The 2021 edition of the Tax Justice Network’s biennial Corporate Tax Haven Index sees OECD countries or their dependencies take up the top six spots on the ranking of the world’s greatest enablers of corporate tax abuse.
03/11/2021
A spokesperson for the bank declined to comment.
03/09/2021
The 39-count indictment are still unproven accusations, but most such cases do not end well for the accused.
03/09/2021
A main pillar of the bank’s defence is that it was complying with the tax regulations of the day – the European Union Savings Directive, which did not compel banks to hand over client data to other countries.
03/05/2021
Cyprus Tax authorities extend the imposition of penalties for late submission on DAC 6
The Tax Department will not begin imposing administrative fines until 30 June 2021
03/04/2021
Tax Planning Challenges for Trustees Webinar
With governments now working out how to replenish their coffers, the challenges faced by trustees in implementing and managing tax planning have never been greater.
03/04/2021
BDO tax director Mark Savage explores what the UK’s Budget means for Guernsey
There was some good news for companies.
03/04/2021
The government is spending £100m on an HMRC taskforce to clamp down on tax avoidance and evasion.
03/03/2021
But what does this mean for advisers and their clients?
03/02/2021
Isle of Man trio sets up international tax advice firm
It will work with private clients and advisers on IHT, complex estates and offshore trusts
03/02/2021
The lawyer says that at one point, ASOS’s customer services insisted no VAT had been charged.
03/01/2021
Concerns have been raised among employers as to whether this would result in the creation of a PE, which would in turn result in their businesses having to adhere to increased tax obligations and tax filing requirements.
03/01/2021
The report by the Centre for International Corporate Tax Accountability and Research (CICTAR) says that, despite charging residents over £225 million in fees in 2019, Canada-based Revera’s three UK care home companies - Sunrise, Gracewell and
03/01/2021
OpenLux: Why the Era of Financial Secrecy Needs to End
This same secrecy also creates fertile ground for tax evasion, avoidance, and for financial crimes and deals unquantifiable political damage as secrecy-shrouded capital infiltrates the Western political system.
02/26/2021
OECD calls on countries to crack down on the professionals enabling tax and white collar crimes
White collar crimes like tax evasion, bribery and corruption are often hidden through complex legal structures and financial transactions facilitated by lawyers, notaries, accountants, financial institutions and other professional enablers.
02/26/2021
Here, the FACTI panel has embraced in full the tax justice proposals, and call for multinationals to be taxed on a unitary basis and subject to a global minimum corporate tax.
02/25/2021
Real Madrid criticised over ‘tax haven’ investment deal
The report was based on the so-called ‘Football Leaks’ files – internal correspondence and contracts of European football clubs – that were handed to several mainstream European media houses.
02/24/2021
EU adds Dominica to tax non-compliance list
As it removes Barbados while the country undergoes a review by the OECD