Managers of Wealth Offshore

Relocating black stash: From Swiss banks to Caribbean & other havens

Once tax-evaded money or funds obtained through criminal means gets to havens abroad, there is little that the Indian government can do.

Island tax transparency could change after UK commitment

The directive requires member states to make registers of beneficial company ownership public by 2019 - 2020

Upcoming Tax Change Could Cost Commercial Property Owners More Than £8.6 Billion

As it stands for commercial properties in the UK, held by British property entities, the original purchase price is used to calculate the capital gain.

New Crack Down On Offshore Tax Dodgers Ready For Action

The UK has 64 tax exchange agreements under the common reporting standard.

Ukraine signs landmark agreement to strengthen its tax treaties

Ukraine becomes the 83rd jurisdiction to join the Convention

OECD joins with Argentina to fight financial crime

We are very grateful to the Argentine authorities for supporting this initiative

OECD to help Pakistan implement world tax standard

The OECD noted the good progress made by Pakistan on the implementation of the BEPS minimum standards

CITA defends tourism taxes and regulations

CITA denied that the licensing regime was “unpleasant or unreasonable”

20 EU states dragging their feet on beneficial owner lists

The crown dependencies, which include Jersey and Guernsey, have a different constitutional relationship with the UK compared to the overseas territories

Panama Papers: Politician to chawl resident, first cases sent to court

Panama Papers: At least 16 Indians face prosecution, cases were filed after foreign jurisdiction sent information on holdings, asset.

Kenya named among world's biggest tax havens where the rich hide wealth to evade taxes

Tax Justice Network cited Nairobi International Financial Centre as Kenya's tax haven

Global Forum publishes tax transparency compliance ratings for seven jurisdictions and welcomes three new members

The Global Forum also welcomed three new countries into its membership – Bosnia and Herzegovina, Cabo Verde and Swaziland.

IRS spent $380m but took ‘limited or no action’ on offshore tax dodges

As the International Consortium of Investigative Journalists and its partners have reported, the offshore financial services sector represents a major contributor to growing global inequality

Swiss Private Bank to Settle U.S. Tax Probe

The move means renewed momentum for a years-long tussle between Swiss banks and American officials which began with a criminal investigation into a first group of banks including UBS, Credit Suisse, Pictet and others.

Offshore tax evasion: offences relating to offshore income

A conviction for any of these offences can lead to a custodial sentence for up to 6 months and, an unlimited fine in England and Wales, or a fine not exceeding £5,000 in Scotland and Northern Ireland.

Worlds biggest corporate tax haven its no paradise island

They began their research by comparing the profits made within a country to the amount of corporate activity.

U.K. Behind on Laws to Target Hidden Offshore Wealth: Tax Agency

Banks, asset managers, and trusts all fall under the financial entities required to report with the CRS

Changes to the taxation of UK real estate held by non-residents

On 6 July 2018, the UK Government published its response to the consultation (the Response), together with draft legislation covering certain aspects of the proposed changes.

DAC 6 to give teeth to BEPS in the EU

DAC 6 to give teeth to BEPS in the EU - New disclosure rules for advisers and clients on cross-border transactions

Tax Loophole From 1960s Could Let Wealthy Tap 21% Corporate Rate

Passive income held offshore may benefit from arcane provision