03/15/2019
It said that someone named on an overseas register will be labelled a “tax cheat” and “face the commercial and social risks attendant on that status”, exposing them “to the rule of the mob.”
03/15/2019
The newly announced change in PRC personal tax regime, increase in the divorce rate and migration overseas have all increased this.
03/15/2019
Money laundering is a major threat in the United Kingdom, one some watchdogs say is not being taken seriously enough.
03/14/2019
The commission said The Bahamas had “strategic deficiencies” in its anti-money laundering and counter-terrorist financing legislation.
03/14/2019
HMRC is now warning taxpayers expecting a loan charge bill that some advice firms are selling schemes offering ways to avoid paying the tax due.
03/14/2019
We will continue to monitor the position closely and will assist you to manage and respond to any developments as necessary.
03/14/2019
Bermuda was added to the EU’s list of non-cooperative jurisdictions for tax purposes on 12 March 2019.
03/14/2019
“All taxpayers deserve a break! Government must spread the benefit to all Jamaicans, not just a few.
03/14/2019
Those who establish Cayman Islands structures do not generally do so to engage in BEPS activity; they do so because the Cayman Islands is an efficient, stable and trusted neutral hub with key expertise in handling complex transactions.
03/14/2019
Lehman Brothers went bust in 2008 in the world’s largest corporate bankruptcy.
03/14/2019
Speaking after the European Union (EU) yesterday confirmed The Bahamas had avoided its “blacklist” of jurisdictions deemed “uncooperative” in the fight against global tax evasion, Mr Smith said such a tax would pave the way for thi
03/14/2019
“The digital EC dollar will be distributed and used by Licensed Financial Institutions and Non-Bank Financial Institutions in the ECCU.
03/14/2019
Mr. Burt said U.K. Treasury officials had supported that view, arguing that Bermuda had legislated to address any remaining issues identified by the EU.
03/14/2019
The United States has a similar system called the Electronic System for Travel Authorization, or ESTA.
03/14/2019
Within the funds industry, the statistics show particularly strong performances in the alternative asset classes, which now represent 86% of Jersey’s total funds business recorded a year-on-year increase of 23%.
03/14/2019
Bermuda and 12 others committed last year to addressing EU concerns about the economic substance of companies and entities doing business from their respective jurisdictions.
03/13/2019
Macau has managed to stay off a tax haven list established by the European Union by complying with OECD standards
03/13/2019
The Isle of Man, Channel Islands, Hong Kong and Switzerland were put on a list of jurisdictions not necessarily considered problematic, but which would have to meet 'specific commitments' on tax transparency.
03/13/2019
Those on the blacklist are allowing widespread tax evasion by corporations and individuals and did not meet EU deadlines for reform.
03/13/2019
Here, David Price, Depositary Services Manager at Estera Depositary (UK) Limited, explains what depositaries need to know in order to prepare.