08/07/2020
Cyprus: EU anti-tax avoidance directive provisions adopted
These measures are expected to impact companies and groups of companies with international activities.
Tax
08/06/2020
Trade Groups Awaiting Final Anti-Abuse Tax Rules
The tax aims to discourage companies from transferring income offshore through excessive deductible payments that minimize tax bills.
08/04/2020
Tax haven residents hold $5.7 billion of cash in Australia
Residents of the Marshall Island and other tax havens hold $5.7 billion worth of deposits in Australia.
08/04/2020
OECD assesses Cayman’s process to resolve double-taxation disputes
Not surprisingly, the report found that Cayman has no dispute-resolution experience because it has not been involved in any cases.
08/04/2020
The local impact of any rise in Capital Gains Tax
Guernsey does not have Capital Gains Tax.
07/30/2020
INSIGHT: Are Tax Havens Susceptible (Or Immune) To Covid?
These jurisdictions are often included in the list of those favoured by ultra-high net worth (UHNW) families to feature in their global asset holding structures alongside fund managers seeking tax efficient jurisdictions in which to site their private equ
07/29/2020
Tax Information Authority Publishes Es GUuidance Note Version 3.0
Cayman entities carrying on business activities for and on behalf of a multi-jurisdictional group should seek advice as to whether any of the business activities conducted by them constitute distribution and service centre business and/or headquarters bus
07/27/2020
International Initiatives can Convince Tax Havens to Turn Over a New Leaf
Given that some countries which the EU currently identifies as tax havens, such as Panama or the Cayman Islands, have built entire industries out of helping firms avoid the taxman, the prospects of convincing them to clean up their act might seem slim.
07/27/2020
Ireland's Economic Stimulus Response to Covid-19 - The Key Tax Measures
In the same week as the EU stimulus package was agreed, the Irish Government has announced a series of measures to support the Irish economy, assist business and promote employment in response to the COVID-19 pandemic.
07/24/2020
Apple tax ruling for Ireland shines light on global tax avoidance
The first company ever to be valued at $1 trillion had rearranged its tax affairs substantially in 2015 in response to changes in Irish tax law.
07/23/2020
Tax consequences of transferring Bahamian real property held by a company for estate planning purposes
This type of land ownership is useful for estate planning as it provides the ultimate beneficial owner with flexibility to change the ownership structure of the company with little or no tax consequences.
07/22/2020
Andersen Global Continues Caribbean Expansion
Collaborating with Andersen Global will allow us to be a one-stop shop for our clients and offer them the breadth and quality of a global firm while still providing them with a personal focus and tailored solutions that have been our service delivery sign
07/21/2020
Stamp Duty Land Tax: non-UK resident surcharge consultation
The government is committed to helping more people into home ownership
07/21/2020
Cyprus-Switzerland amend taxation treaty in trade boost
The Republic of Cyprus is confident that an environment that provides certainty also in tax matters
07/20/2020
Letter: Tax reform is the way to win over entrepreneurs
From Stephen Porter, ArtHistorical, London W1, UK
07/20/2020
Governments sharing bank details uncover $11 trlllion
The 2018 launch of the automatic exchange of account details was the culmination of a two-decade international clampdown on tax evasion that has all but ended bank secrecy in many erstwhile offshore financial centres.
07/17/2020
To Pay for the Pandemic, Dry Out the Tax Havens
Corporations and the wealthy have stashed away as much as $36 trillion in untaxed money. It's time to bring the hammer down.
07/17/2020
Saffery Champness Registered Fiduciaries launches new Cayman Islands offering
In addition, clients will benefit from seamless access to company incorporation and registered office services for Cayman entities, as well as any required administration.
07/17/2020
Global firm unveils Cayman Islands trust operation
It was a ‘natural step’ for the business
07/16/2020
New Property Tax Law Now In Force In Seychelles
The application forms for registration are now available for collection at the Registrar General’s office