Managers of Wealth Offshore

CRA steps up the fight

The Canada Revenue Agency has increased its enforcement on many fronts

If you are a resident Indian, you need to report all foreign assets in your ITR

Residential status in India is determined based on one’s physical presence in India in the current financial year and the preceding 10 FYs

Withholding Tax Changes For Swiss Debt Issuance

While many industrialised countries have abolished WHTs on bonds issued to international investors (ultimately maintaining the competitiveness of their domestic issuers), Switzerland still levies a 35% federal interest WHT on certain types of collective d

Tax hope

This resulted in the OECD’s FHTP announcing at the end of January that Barbados was no longer under threat of a negative listing.

No double VAT

Government has spoken to the 12 main online payment processing services including PayPal, Mastercard, Visa and American Express to advise them of the products that attracted VAT so they could apply at checkout, the economist said.

The interest of Monegasque residency in the context of international exchange of information

In maintaining this balance Monaco preserves its place as a privileged location in the heart of Europe.

Don’T Tax Us Into Oblivion’ On Public Pension Deficit

The IMF has for several years, with increasing urgency, been prodding the Government to address the multi-billion dollar liability it and Bahamian taxpayers face as a result of unfunded civil service pension liabilities.

Cayman will not fine companies for late filing of CRS and FATCA accounts

No penalties were imposed for institutions filing before then, although DITC did not make it clear what would happen to those institutions that still failed to file by that date.

New Offshore Tax Avoidance Warning As Data Sharing Starts

The warning must take the form of a template drafted by HMRC

Turks and Caicos offers investors tax neutrality and quality of life

President of the islands’ Finance Industry Association, discuss the opportunities for investment on the islands

Swiss leaders upbeat after talks in US on tax and trade

Maurer said that the atmosphere at meetings of global finance leaders was more optimistic than last year, despite uncertainties that could have a negative effect on the global economy.

Expats warned about breaching tax allowance

People working for oil and gas companies could be the most at risk, Mr Ball warned.

PANAMA: Tax fraud criminalized

Tax fraud involves the avoidance of tax through fraudulent

Govt puts off NA session: Much-talked tax amnesty scheme has caused decision

The sources earlier said that the amnesty scheme will be implemented through a presidential ordinance on April 15.

Audit And Tax Compliance In China: A Step-By-Step Guide For Foreign Companies

The work primarily involves producing an annual audit report, a corporate income tax reconciliation report, and reporting to relevant government bureaus.

French Lower Parliament Passes Big Tech Tax Bill

The proposed tax could also spark the legislation of internet companies in other European countries.

UK HMRC Increases Focus on Combatting Tax Evasion

In March 2019 HMRC published the outcome of an IPSOS poll of more than 1,000 businesses

Eurolab and Andriy Palchevsky tied to Russia, Caribbean tax avoidance

Palchevsky’s clinic has connections to shady, offshore holdings via a residential address in Essex, England.

Barbados: 2019 budget includes introduction of transfer pricing and thin capitalization rules

The budget speech also referenced the introduction of VAT on certain online transactions effective as from 1 May 2019

Where next with the EU tax blacklist?

The EU Code of Conduct Group, which was tasked with assessing third countries, used the country-by-country financial statements of European banks