Managers of Wealth Offshore

Luxembourg tax update: what's new in 2026?

The draft law is still under parliamentary review and it is expected that the new regime will be adopted by early 2026.

IRS scrutiny drives stricter documentation for captive insurers

The IRS focus centres on whether arrangements constitute “true insurance” for tax purposes, with recent case law emphasising risk distribution among entities and exposure units.

Parent tax relief to cost €350m, relieving wages pressure for businesses

By 2028, parents of two children and over will only begin to pay taxes once their income exceeds €37,000, which would be an increase of €22,000 over three years compared to today.

Global minimum tax package announced

The controversial plan, which had been criticised by various countries, will see US-parented groups exempted from Pillar Two’s income inclusion rule and undertaxed profits rule.

Corporate tax agency buildout tops $15m

The records were disclosed recently and signed off on by Cheryl-Ann Lister, the chairwoman of the agency’s board and the former acting Financial Secretary.

More than 40% of Isle of Man residents were considering asset moves over UK tax fears

Canaccord Wealth survey, carried out before the UK’s Autumn Budget, finds concern despite low UK tax exposure

Jamaicans and the Cayman Assets

This wide net would also scoop up individuals who have committed money laundering to evade taxes.

Changes to Guernsey taxation of employee share option schemes

Organisations should review existing share schemes and consider implications for future grants.

E&I and P&R aiming for progress on transport taxes

Progress is being made on developing transport taxes, Policy & Resources president Lindsay de Sausmarez has said.

No sign of additional income sources in Galdes tax returns

Affordable housing minister facing scrutiny for building a property portfolio in Malta and Italy

Bowe warns that VAT changes penalize compliant businesses and complicate tax system

According to Bowe, denying or delaying legitimate VAT refunds does not reduce the tax burden—it merely shifts it.

Non-compliant taxpayers ‘rewarded’ by VAT system

In one case, interest amounting to €74,887 was paid for a four-year period on a VAT refund payable to a taxpayer whose income tax returns for 2019 and 2020 were submitted two years’ late.

Government to deduct corporate taxes from delayed payments owed to businesses

Some business owners proposed that taxes owed to MIRA be deducted directly from payments due from the government

Tax reform expected to push Brazilian wealthy to invest more abroad

Nau Capital and Avenida gather 40 family groups with average wealth of R$300m for immersion event: dividends, alternative assets, tax strategies, and rare wines

IMF raises Bahamas’ growth, calls for income tax, 15% VAT

The Davis administration has already repeatedly asserted that personal income tax, as well as what would be a 50 percent hike to the present VAT rate, are not being considered by the Government.

Should residents withhold taxes over poor roads?

Grant, however, cautioned against shifting core responsibilities away from the state.

Tribunal orders HMRC to disclose documents to taxpayers in offshore trust case

The specific decision in question was a case management decision concerning a disclosure application by the appellants seeking disclosure of specific documents from HMRC.

Reform of behavioural tax penalties

Considering these forthcoming changes, taxpayers are advised to monitor legislative developments

Tax crackdown hits offshore property owners as 26 countries agree to automatic monitoring, forcing hidden real estate into the open

The pledge from 26 jurisdictions represents a watershed moment for tax compliance.

UK should boost tourism in offshore tax havens, says government adviser

Margaret Hodge urges Britain to help its overseas territories in return for them implementing financial transparency rules