Managers of Wealth Offshore

Loan charge: those who disclosed tax avoidance won't face penalties, says minister

Around 50,000 contractors who used loan-based tax avoidance schemes dating back 20 years are being targeted by the charge.

Global Forum on Tax Transparency assists Morocco to implement Exchange of Information on Request

Following this seminar, they carried out a mock on-site visit from 3 to 5 July conducting a preliminary assessment to identify areas where improvements are needed and prepare stakeholders for the review process.

‘Tax On Society’: 75% Of Workers Have No Pension

The Central Bank report itself said that the low 35 percent response rate, with just 49 out of 140 existing and potential pension plan sponsors responding, “underscores the importance of concluding and activating the regulatory framework for private

Nearly 490,000 taxpayers reveal undeclared income

IRB chief executive officer Datuk Seri Sabin Samitah in early January was quoted by the media as saying the SVDP aimed to attract at least one million taxpayers with an estimated RM10 billion in tax collection

IRB can track undeclared offshore accounts for taxation

The details of foreign bank accounts are accessible under the OECD’s AEOI system, says deputy finance minister

Monaco and the USA are negotiating agreement for exchange of country-by-country reports

The country-by-country reporting scheme was established by countries in 2015 as a result of the OECD/G20 base erosion profit shifting plan.

Inside the Luxembourg free port storing riches for the super-wealthy

One of those zones, and a potential model for the UK’s post-Brexit future, can be found at the end of a motorway, in a warehouse backing on to Luxembourg airport.

Bran: Bahamas 'Must Explore' Income Tax

It's a more fair type of taxation, and something we certainly need to explore especially in light of the fact it will be fairer to the Bahamian people as a whole.

Directors Unexpected Payroll Tax Liability

In this feature, the focus is on payroll tax and directors as it is quite common for directors’ payroll tax status to be incorrectly determined.

SCC deals a blow to tax evaders in Canada | David Rotfleisch

Foreign banks and their tax lawyers have been fined by the American Internal Revenue Service and by European tax authorities for their involvement in aiding and abetting international tax evasion.

'It's Time to Adapt,' Says Grant Thornton

The report explores the ways professional work is evolving, the leadership skills that will be needed within the dynamic mid-market to thrive, and how organisations can stay competitive in the war for talent and customers in 2030.

Look to windward

The Law applies to Jersey-tax-resident companies with gross income during any financial period starting on or after 1 January 2019

Pakistan money in Swiss banks dwindling for last three years

The report added, for the first time in four years, India has surpassed Pakistan which accounts for over CHF572 million (Rs95 billion).

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.