Managers of Wealth Offshore

Seychelles Challenged On IBCs Tax Regime

The letter to authorities in Seychelles was one of six addressed to offshore territories recently by the Code of Conduct Group

EU Urges Switzerland To Secure Tax Reform's Passage

The European Council called for "a swift enactment of the reform."

Podcast: Credit Funds: Withholding Tax on European Investments

Withholding tax has long been the most significant local tax issue on European lending transactions.

EU Demands Belize Remove Harmful Tax Regimes

The Code Group also found that, in general, the Income and Business Tax Act does not impose substance requirements for companies benefiting from the tax exemption.

Nowhere to hide for tax dodgers stashing assets offshore

"Taxpayers actually need money and need to see that their money is well spent (by government) on infrastructure," explains Schneider.

Why hiding wealth is now harder than ever for China's billionaires

China’s highest-paid movie star, Fan Bingbing, was ordered to pay more than $100 million in back taxes and fines in October after a months-long tax probe, sending a deep chill through the domestic film industry.

Help Africa by exposing illicit offshore wealth

If the UK is serious about helping African nations collect the taxes they are due, it needs to press harder on the proposed public registries to reveal all beneficial owners in its overseas territories.

Time to act – Luxembourg’s UBO Register coming into force

All of these registers are designed to contribute to global government efforts to increase financial and business transparency.

South Africa: Net closing in on offshore companies and trusts

EU’s new economic substance requirements legislation targets tax transparency, fair taxation and compliance with anti-base erosion and profit shifting measures

PwC considered quitting Ineos over Monaco tax move

Sir Jim was ranked the richest person in the UK last year, with a fortune of £21bn. Currie and Reece each own 20% of the Ineos.

Pak-Swiss dual taxation treaty: Amended article allows access to banking information

The Swiss government is cooperating with the Pakistani tax authorities and Federal Board of Revenue has already ratified the convention on the avoidance of double taxation between the two countries

Swiss solutions to wealth tax conundrums

As a result, both income taxes and net wealth taxes vary significantly, depending on cantonal politics. Yet the data show little effect of these variations on wealth differences across cantons.

‘Leave us alone’

The BIBA leader praised Government for the steps taken thus far, which include initiatives such as beefing up anti-money laundering legislation.

Tax regime that favoured multinationals was not illegal state aid, says EU court

The system angered local companies, who pay tax on all profits and cannot export a share, meaning they pay a greater share than international companies.

Investments trusts: keeping it in the family

Caledonia Investments has strong momentum and is trading at a discount

Mauritania joins international efforts against tax evasion and avoidance

The Convention provides all forms of administrative assistance in tax matters

Overview of Individual Taxation in Switzerland

Income Tax, Wealth Tax, Withholding Tax, VAT, Inheritance and Gift Tax, Real Estate Capital Gain Tax, Real Estate Transfer Taxes, Property Taxes, Personal Taxes

Barbados moving to reform tax system

The result is to bring both the direct and the indirect taxes back into balance.

Taxman target indirect investments in overseas companies

Explanations have been sought from some high-profile people on non-disclosure of indirect investments abroad.

Commentary: Tax evasion and avoidance

The EU list was conceived to address threats to our member states’ tax bases.