12/18/2017
Although there had been numerous calls for these rules to be delayed given both their complexity and removal from the first 2017 Finance Bill, both the nature and timing of these changes are finally clear
12/15/2017
The advocacy groups Canadians for Tax Fairness and Leadnow commissioned the survey which also found that 87 per cent of Canadians want the law changed to make tax havens illegal.
12/15/2017
We are committed to the highest international standards of compliance, tax transparency and neutrality
12/14/2017
The Bahamas was also simultaneously pursuing “the next step” of compliance with the OECD’s BEPS initiative
12/14/2017
Paradise Papers show bank declined to give the Revenue Commissioners access to data
12/14/2017
Failure to comply with an EOI obligation in the BVI may constitute a criminal offence punishable
12/14/2017
KPMG has been recognized as a leader in the drive toward inclusion in the workplace
12/14/2017
The Panama Papers, leaked from the Panamanian law firm Mossack Fonseca and published in April 2016
12/13/2017
In the face of political pressure to change this, Facebook last year said it would book sales from large British customers in the UK.
12/11/2017
Liechtenstein says didn't press for Swiss inclusion on EU tax havens list
Both countries have oversized financial industries and in the past have drawn scrutiny as places to stash offshore wealth.
12/11/2017
Greylisting is not a disaster says tax expert
The Isle of Man was one 47 other jurisdictions put on a grey list of those deemed not to be fully compliant with EU and international tax standards.
12/11/2017
IRS Bitcoin Hunt Ramps Up, But Tax Amnesty Could Follow: Expert Blog
It is well-known that the IRS is looking hard at Bitcoin and other cryptocurrency transactions, hoping to scoop up some tax dollars.
12/10/2017
Cristiano Ronaldo May Be Fined at Least $35.3Mln for Tax Evasion - Reports
Ronaldo is accused of defrauding the Spanish Treasury of 14.7 million euros in taxes from 2011 to 2014, with the court hearing on the case set for December 22.
12/08/2017
Offshore advisers fear new regulatory burden from HMRC
Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.
12/08/2017
Mauritius commits to avoiding ‘harmful’ tax features
Mauritius remains a fully cooperative jurisdiction
12/08/2017
Panama eyes S. Korea alliance to get off EU tax haven list
Panama, South Korea and the United Arab Emirates were the most prominent countries on the list.
12/06/2017
In 2016, the NTS collected a total of 1.3 trillion won from 228 overseas tax dodgers.
12/06/2017
The stated intention is to ‘reduce the incentive for multinational groups to hold UK property through offshore structures, often in low-tax or no-tax jurisdictions’.
12/05/2017
Guernsey Finance Chief Executive Dominic Wheatley said it was no surprise that the island continued to be endorsed as an excellent and cooperative international finance centre by the EU.
12/05/2017
Brussels identifies 17 states including South Korea, Barbados, Panama and UAE with 47 others such as the Isle of Man and Bermuda warned