Managers of Wealth Offshore

Israel seeks Swiss help in overseas tax crackdown

Untaxed money in accounts in Switzerland has been a target for foreign governments for years

Yields From UK Offshore Tax Probes Climbing, Data Shows

Even as the number of offshore investigations by HM Revenue & Customs declined

Corporate Tax Haven Index

The menu on the left provides more information on how the index works, and provides context.

US Firms Still Keeping Some Overseas Profits Offshore

Overall, there is no evidence that Trump’s tax law spurred U.S. firms to bring intellectual property back home, Setser said, which suggests that the associated profits will continue to flow to overseas affiliates.

Revealed: HMRC missed out on collecting £35bn in tax in 2018, up £2bn on the year before

It is the difference between what HMRC feels it should be paid and what it gets

Panama business chamber slams FAFT's grey-list decision

Panama, which has been working to beef up its regulatory framework and shed its image as a money-laundering hotspot, was previously on the list from 2014-16.

TCI: Extra taxes advised for OTs

Seymour also expressed concern that additional duties would adversely impact Islanders’ wallets.

Revenue set to double number of super-rich facing tax probe

It comes following recommendations from the Comptroller and Auditor General to reduce the threshold.

UK tax havens’ new look has old problem

Assuming the register is fully open to the public and accessible, it sounds possible to scrutinise who really owns the companies.

Upper Tribunal Rules in Favour of Taxpayer in Tax Residence Case

Development Securities plc and others v HMRC

Dominica removed from EU tax haven blacklist

Dominica changed its tax rules to comply with EU requirements meant to reduce the risks of tax evasion, the EU said in a statement.

UK tribunal reverses controversial decision on Jersey companies’ tax residency under central management and control test

The Jersey directors then resigned and the group claimed that UK capital losses could be realised because the residence of the three companies switched to the UK upon the directors’ resignation.

Ex-tax inspector offers advice on offshore schemes

A website registered to a Cypriot domain was taken down after the scheme was uncovered

Tax authority looking into Israeli accounts in Cayman Islands

Thousands of Israeli-held accounts in the popular Caribbean tax haven are under review, says Israel Tax Authority Director Eran Yaakov.

Know the tax consequences of off shore trusts

In terms of the “conduit principle”, the source of income earned by a trust flows through to the beneficiary in the same nature in which it was earned by the trust.

Yacht ownership – is the tax tail wagging the dog?

The challenge comes when the owner knowingly (or not) enters into an arrangement where there is no tax on the yacht subject to certain conditions.

Australia targets cryptocurrencies in international tax crackdown

The J5 was formed a year ago because of growing concern that tax avoidance, cybercrime and cryptocurrency abuse were escalating as criminals exploited differences between national tax laws.

BVI cracks down on tax evading expats

We are aware of instances of work permits being renewed

Make America Great Again by Cracking Down on Tax Havens

The U.S. has a lower rating on tax evasion than even the Cayman Islands—and far too many politicians are benefitting.

Penalties for offshore tax evasion in the UK

Taxpayers face higher penalties for evading Income Tax and Capital Gains Tax relating to offshore matters.