Managers of Wealth Offshore

Boris under pressure to ban UK tax-dodging bosses from getting furlough bailouts

Labour leader Keir Starmer, Lib Dem MP Layla Moran and Archbishop of Canterbury Justin Welby have all supported a move to put a ban in place

Transfer Pricing In Malta

The importance of the TP rules lies on the need to counteract the tax challenges raised from globalisation, by avoiding distortion of governmental tax revenues.

Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs

As part of the tax-evasion settlement, Bank Hapoalim B.M. admitted the firm conspired with U.S. taxpayers

Grant Thornton Channel Islands maintains its position

These exams involve two papers; personal Insolvency and corporate insolvency.

Tax havens: there’s a chance now to apply conditions to bail outs

One piece of research found 40% of all corporate tax revenues are parked in tax havens, leading to a tax loss for global society of US$700 billion in 2017 alone.

Wealthy Move Their Money To Tax Havens

"This has been a resounding success that has far exceeded our plans," said Sergio Ermotti, the bank's CEO, addressing asset management inflows.

Tax Exiles Risk Being Marooned When Europe Gives Virus Aid

Denmark, France and Poland to ban tax blacklist firms from aid

No COVID-19 bailouts for firms that use tax havens, Prime Minister Justin Trudeau says

Last week, under repeated questioning from both the BQ and NDP, Trudeau had refused to make the same commitment, saying that his government would not withhold wage subsidies from a worker just because of the behaviour of their employer.

Virgin Atlantic seeks new investors amid Richard Branson tax row

Branson’s tax affairs and past comments mean his bid for taxpayer cash has already sparked a backlash.

Coronavirus crisis shows our collective failure to tackle tax evasion

Bolstering our public services starts with fighting tax evasion more promptly and rigidly.

Bridging loans and Switzerland’s fiscal support package for entrepreneurs and corporate entities

The main argument was that the cost of the entity can come at a premium compared to locations like Cyprus the Netherlands and Luxembourg.

IRS Rules Make Nonprofits’ Offshore Tax Strategy ‘Bullet-Proof’

Many nonprofits invest cash in offshore intermediaries

Tax avoidance products ‘in decline’ across the UK

But taxman’s clampdown could see legitimate planning hit as ‘collateral damage’

UK taxman offers no quarter to offshore asset holders

HMRC allowed relief to all taxpayers affected by coronavirus but not those with assets abroad

Denmark bans tax haven companies from accessing coronavirus bailout money – will other countries follow?

As companies ask for public funds to stop them going bust, some are facing scrutiny over how much – or how little – tax they pay

Tax and Fiscal Policy in Response to the Coronavirus Crisis

It also outlines the major policy reforms that will be needed to prepare for restoration of public finances.

Cayman’s Tax Neutral Model Explained

How Cayman’s tax neutral model provides for greater transparency and information exchange, without eroding other countries’ tax bases.

OECD issues welcome guidance on tax treaty issues arising from the COVID‑19 crisis

This may change the tax treatment under the applicable treaty due if, for example, the number of days that a worker may work outside the country of employment is reduced.

Russia notifies Luxembourg, Malta about dividend tax increase

Changes will not affect interest gains paid on Eurobond loans, bond loans of Russian companies and loans extended by foreign banks, according to Russia's Finance Ministry

Luxembourg introduces transfer pricing documentation requirement for controlled foreign company compliance

This calculation should be made by reference to the transfer pricing rules of articles 56 and 56bis of the Luxembourg income tax law.