Managers of Wealth Offshore

Switzerland: Swiss-US double tax treaty protocol enters into force

Brandi Caruso and Robin King of Deloitte summarise the notable changes introduced under the recently ratified 2009 protocol to the Swiss-US double tax treaty.

Barcelona and Real Madrid risk future with Spain tax issues

Bumper contracts worth a lot of money are offered and the players come to Spain to enjoy the time of their lives in every sense.

EU has 'whitewashed' Switzerland, one of the 'world's most harmful tax havens' - Oxfam

The Marshall Islands has also been removed from the blacklist, which still includes nine extra-EU jurisdictions - mostly Pacific islands with few financial relations with the EU.

Did Wadhawans siphon off PMC loans via firms registered in tax havens?

A complaint sent to the PMO and ED on Wednesday alleges that HDIL's father-son duo routed money via dubious firms abroad

Kenya tax amnesty hits Mauritius-based banks

Banks in Mauritius have reported significant cash outflows from the policy, revealing that the island nation was one of the top offshore investment destinations for wealthy Kenyans.

Tax campaigners: OECD tax reform to increase inequality

The tight timeline is a concern for the Tax Justice Network, which argues the OECD should make the country-by-country data of multinationals public before “key elements of the reform proposals have been pushed through”.

OECD leading multilateral efforts to address tax challenges from digitalisation of the economy

The new OECD proposal brings together common elements of three competing proposals from member countries

ED can withhold names of tax evaders in Panama Papers: Central Information Commission

The Enforcement Directorate also reiterated exemption given to it under the law and argued that the matter is sub-judice hence details cannot be shared at this stage.

Why the fight for tax justice is a global struggle

After declining for several decades, social inequalities have risen again in the majority of industrialised countries following the neoliberal shift of the 1980s.

Thinking beyond tax: a Mauritius perspective

The FA 2019 has introduced a partial exemption regime similar to that existing in many other developed countries.

RUSSIA: Update on beneficial ownership status for holding companies

To claim tax treaty benefits, such as reduced withholding tax rates on dividends and certain other income, foreign recipients of Russian-source income must meet the Russian BO requirements and provide comprehensive documentation supporting their BO status

How four trends are driving changes to accounting and tax worldwide

International accounting and tax principles are increasingly standardising but it won’t be a smooth ride for multinationals.

The ‘Panama Papers’ drew shady tax dealings into the light – but nothing has changed since

The Paradise Papers consist of 13.4 million pages that reveal the global rich avoiding tax payments by using offshore tax havens and secrecy jurisdictions.

More beneficial ownership loopholes to plug: circular ownership, fragmented control and companies as parties to the trust

Some countries already provide public online access for free and in open data format.

Tax