Managers of Wealth Offshore

Jersey and Guernsey added to tax evasion blacklist

The ministry says it's just one of the tough measures the country is taking to tackle tax evasion.

Anguilla, other Caribbean islands on tax haven list

The black list will be used in a series of measures to combat tax evasion.

Barbadians given more time for tax amnesty

The ministry has agreed and the authority will be accepting applications until Friday, January 4, 2018.

Poverty, personal debt, profiteering and tax avoidance – The economy in 2018

In 2018, a fifth of Brits remain in poverty

Gibraltar ordered by EU to recover €100m in illegal tax-breaks

This preferential tax treatment is illegal under EU State aid rules and Gibraltar must now recover the unpaid taxes.

Dutch add Guernsey, Belize and Isle of Man to tax evasion blacklist

From Jan. 1, 2021, companies registered in blacklisted jurisdictions will be subject to a 20.5 percent withholding tax on interest and royalties received from the Netherlands.

Simon Cowell blames honours snub on Panama Papers furore

According to Simon Cowell, he's been left off the New Year's Honours list because of his links to the Panama Papers.

IIA takes a fresh look at risk management model

The first line of defense is management’s responsibility to effectively assess risks and to design and implement internal controls to mitigate those risks, according to Chambers.

Luxembourg/France tax treaty likely delayed to 2020

The French Senate approved the tax treaty on 17 December this year, and it has been sent to the French National Assembly for approval.

U.S. Companies Have Stopped ‘Repatriating’ Offshore Profits

The tax changes passed at the end of last year eliminated most taxes on profits earned abroad.

Cyprus, UK sign double taxation deal on government service pensions

“The new UK-Cyprus Double Taxation Agreement is important because of our already strong trading links and close people-to-people links, which we hope to grow further in the future,” Lillie said.

Double taxation treaty: Was the Swiss govt influenced for early ratification or not?

Swiss authorities concerned when approached by The News said, “The ratification of the new Double Tax Treaty with Pakistan was done in the procedure usually to be followed according to Swiss constitutional law.”

Paradise lost: papers leak nets Irish Revenue just €400,000

Inquiry letters were issued in over 100 cases

Revisions to Guernsey's income tax law: company residency

Update prepared by Caroline Chan (Partner, Guernsey), Darren Bacon (Partner, Guernsey) and Frances Watson (Partner, Guernsey)

Offshore tax-haven firms bag £18m of public money for Glasgow property developments

The Sunday Mail can reveal companies registered in the Isle of Man and Jersey were given publicly funded loans by the Scottish Government.

Shakira’s tax-evading Maltese company costs her millions more in fines

The shell companies were allegedly used “with the sole objective of hiding the income and assets of the defendant from the Treasury”.

Court order trips tax hounds in hunt for secret foreign assets

This provision in the law applies to income that was earned in India but on which no tax was paid.

EU’s Expanded Tax Haven Blacklist Could Apply to U.S.

The standard calls on countries to obtain information from their financial institutions and automatically exchange it with other countries every year.

Tax treaties create $4.2 trillion cash flow through Netherlands

The main reason for multinationals to create a special purpose vehicle in the Netherlands is to lower their tax bill as far as possible", the researchers said, repeating a charge frequently made by tax fairness advocates.

Monaco’s tax lure endures as UK billionaire plots move

The principality doesn’t apply any annual property, capital gains or council taxes.