Managers of Wealth Offshore

Nearly a million Canadian bank records sent to IRS

Number of government transfers of records of bank accounts held by Canadian residents to U.S. has been rising

Federal contractors to disclose tax haven links

The Commissioner of Taxation would be consulted on which countries are designated as tax havens.

Expat Americans Face Possible Account Freeze

Originally, the intention was to enforce this by applying a 30 per cent withholding tax on payments to any FFI that did not comply, but in practice all major countries enacted legislation forcing their financial institutions to comply with FATCA.

Which Countries Are Considered The Top Corporate Tax Havens?

Ireland has also been labeled a tax haven, with the taxation rate before deductions for companies as low as 12.5%.

Deloitte wins audit award

The Deloitte team was represented on the night by Partner Theo Brennand, Director Marc Cleeve and Manager Manik Ahmed Memon.

Surge in number of expats pushes need for international tax advice: deVere

This surge in demand for international tax advice has led deVere to recruit more experts and launch a tax apprenticeship scheme to meet the demands of its clients.

HMRC targets offshore fund holders

HMRC is chasing almost £2bn that is potentially owed in taxes by the UK's richest people, according to the public spending watchdog.

HMRC ‘doesn’t have time’ to investigate offshore account tip-offs

So much information is flowing into HMRC that it relies on speculative letters to taxpayers

Japan to tighten tax rules on wealthy people

Under the current rules, the government has obliged domestic residents to declare the types and amounts of their overseas assets if they total more than 50 million yen.

Grand Bahama and the Abacos tax free, VAT-free

VAT on fuel for generators in areas still without electricity will also be VAT-free.

Malta’s tax burden on the economy is sixth lowest in EU

The tax-to-GDP ratio for Malta stood at 32.7% in 2018, Eurostat figures show

Tax evasion issues continue in Malta

Part of the trouble with enforcing tax legislation comes from the increasing speed of the global economy.

Amendment to new France-Luxembourg treaty clarifies elimination of double taxation

For Luxembourg tax residents, there would be no change and foreign employment income would continue to be exempt with progression

Grant Thornton To Merge With Baker Tilly Gomez

What we decided to do over the last nine months to a year is determined that it would probably be best to join the forces of about 60 staff members with four partners.

The OECD sets its sights on reforming global corporate tax practices

The OECD has publicly stated that they want to reach an agreement that member countries can back unanimously.

OECD proposals will shift taxable profits away from tax havens and back to customer countries by George Bull

The OECD has published new proposals for taxing international consumer-facing businesses.

EU Council Confirms Mauritius as Compliant with EU Tax good Governance Principles

On 10 October 2019, the Economic and Financial Affairs Council of the European Union (EU Council) confirmed that Mauritius complied with the good governance tax principles of the European Union (EU).

Rich Russians Demand New Tax Breaks

Business owners want a European-style tax system.

UK government pays millions to firms that use tax havens

Report from thinktank Demos finds that 24 out of 35 ‘strategic suppliers’ operate in offshore jurisdictions

Maltese offshore wealth estimated at around €5.2 billion

The estimated offshore wealth doubled from €2.3 billion to €5.2 billion between 2011 and 2016