07/25/2017
While many taxpayers may believe that their facts fit within the requirements of the streamlined procedures, it is the tax professional’s obligation to caution them on the dangers of trying to shoehorn facts suggesting willfulness into a streamlined
07/24/2017
Malta presents an ideal mix of investment benefits that make it a very attractive place for luxury and hospitality developers looking to expand into the EU zone.
07/21/2017
The announcement confirms that the draft 2017 Finance Bill "will be introduced as soon as possible after the summer recess".
07/20/2017
Credit Suisse considers the investigation by the Italian authorities into Credit Suisse's cross-border business as closed.
07/19/2017
The flip side, he said, was that the burdensome tax could result in existing homes becoming more attractive, although he said it was still a wait-and-see game at this point.
07/19/2017
Collaboration with JITSIC has been useful for India in its fight against offshore tax evasion.
07/19/2017
Those who may be affected by these rules should take advice immediately as their tax position may change significantly and they will not benefit from some of the reliefs available for those becoming deemed domiciled under the long-term non-dom rules.
07/19/2017
In essence, privately-owned American businesses paid exorbitant premiums for various insurance coverages to an offshore insurance company controlled, taking a deduction against income for the policies, and then the offshore insurance company purchased an
07/19/2017
The events of the last 15 months have confirmed my worst forebodings.
07/19/2017
The government is also taking aim at passive investment income.
07/18/2017
To date, only resident Indians have been required to supply any bank account details held outside of India.
07/18/2017
The working meeting will allow Switzerland to present its expertise in technical assistance to developing countries.
07/18/2017
As part of its long term Digital Strategy and in line with the UK Government’s obligations under the Fourth Money Laundering Directive (4MLD), HM Revenue and Customs (HMRC) is introducing a new Trust Register
07/18/2017
Canada and dozens of other countries will automatically share banking information of non-residents
07/18/2017
A handful of rich Nigerians, including religious leaders, have been said to own private jets under such conditions.
07/17/2017
The names of the 376 individuals and entities that The Directorate of Tax Investigations did not investigate were sent to the Directorate of Internal Revenue.
07/17/2017
The new rules extend the scope of IHT to interests in foreign entities which hold UK residential property, either directly or indirectly.
07/14/2017
The UK government has announced it will introduce long-anticipated changes to the rules governing non-UK domiciles “as soon as possible”, after they were postponed earlier this year because of the snap election.
07/14/2017
The new corporate criminal offence will attach to ‘relevant bodies’, including companies and partnerships, that fail to prevent the facilitation of UK and foreign tax evasion.
07/14/2017
The JIT report observed that his wealth started to increase in late 80’s and early 90’s.