03/23/2018
OECD issues interim report on tax challenges arising from digitalization
There is no consensus agreement among countries over the tax implications of scale without mass and a greater reliance on intangibles.
03/23/2018
Cayman Islands AEOI portal reopens with new guidance
Cayman FIs with external service providers, such as administrators, undertaking their CRS due diligence should discuss this requirement with their service provider to ensure that it is being met.
03/23/2018
Corporate Taxation On The Way For Bahamas
The new Bill also tackles another EU concern by eliminating ‘ring fencing’, or the existence of preferential tax regimes for foreigners/non-resident entities, by enabling IBCs and the other corporate entities to conduct business in the domesti
03/22/2018
Following a consultation period, the Swiss government released the final version of its latest reform proposal on Wednesday.
03/21/2018
The collective value of the properties comes to £773m. However, as only a fifth of properties within the data provide a sale price, the true figure could be as high as £3.5 billion.
03/21/2018
Sabrina Scarna, a tax lawyer with Tetra Law, also believes that the lack of fines is logical at this stage.
03/21/2018
Cayman continues to refine its laws and regulatory framework to ensure it meets the ever-increasing demands of the private equity industry and has proven its ability to respond and adapt to demands from around the world.
03/21/2018
The backing of the amendment follows the release of the EU blacklist in December, which has drawn criticism for not including any EU states.
03/16/2018
Whether CMC of a Guernsey company is exercised in the UK is question of fact.
03/16/2018
The paper is generally focussed on what platforms can do to educate users
03/15/2018
This criterion was the one used to justify yesterday’s ‘blacklisting’ of the Bahamas.
03/15/2018
Offshore tax havens are providing more information to U.S. authorities than they have in the past, according to Jonathan Strouse
03/15/2018
This is not simply based on raw data but is intended to reflect the depth of user contribution to the profit model of the group.
03/15/2018
This article briefly sets out the changes we can expect, particularly in respect of trusts.
03/14/2018
The original list contained 17 jurisdictions, but eight were removed after one month.
03/13/2018
The new rules also require the reporting of structures that hide beneficial owners of offshore assets, companies and trusts.
03/12/2018
Our investigation lifts the lid on the true scale of Scottish land and property held in tax havens around the world.
03/12/2018
Practices in Greece, Cyprus and Malta distort competition in the maritime sector, violate EU law “and must come to an end,” he said.
03/12/2018
The three applicants had told the court that they have information that KRA does not have with regard to Bell’s responsibility as the representative of the offshore companies, a position that makes him directly answerable on the suspected tax avoida
03/09/2018
The grey list includes dozens of jurisdictions from all over the world.