Managers of Wealth Offshore

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.

Spain: Interposition Of Companies By Private Individuals

For the Spanish Tax Agency “It is not about preventing a taxpayer from carrying out his or her professional activity through a company

129 countries agree roadmap for solution to taxing digitalised economy

It recognises that agreement among the 129 countries by this time is "extremely ambitious" given the need to revisit fundamental aspects of the international tax system, and will require political engagement and endorsement as the proposals go b

British territories help multinational firms dodge billions in tax each year – report

The Bahamas is in ninth place, despite recent international tax compliance efforts.

Israel Tax Authority handed details on Cayman Islands accounts

The Knesset Finance Committee passed the regulations facilitating transfers of information to and from Israel in January.

The wealthy businessman who paid just £35.20 in tax

It has my signature on it but what I can say is that no such meeting ever took place

KPMG hosts City of London Police at Financial Crime Investigation Unit Stakeholder Forum

The City of London Police walked delegates through Operation Shaniko

Offshore finance: Time to set the record straight

This latest accusation fits the mould cast by so many others throughout the years