Managers of Wealth Offshore

HMRC sets two year window to appeal offshore bond withdrawals

The UK tax office has given policyholders two years to appeal unfair or disproportionate tax bills resulting from mistaken withdrawals from life policies.

Seabank Group subsidiary is facing tax evasion probe

Group denies links to Panamanian jurisdiction

RBC Closes Customer Accounts as Panama Papers Review Concludes

The leaks suggested politicians and business leaders channeled billions of dollars through offshore accounts using some of the world’s biggest banks.

Canada taxman denies amnesty as more IoM schemes uncovered

Early dispute resolution, where appropriate, is in the public interest. Litigation is costly for everyone and the outcome of complex, tax-related litigation processes may be unsuccessful.

Searching for hidden black money? London might be the place to start

Black money may be funnelled away in tax havens, but it is all controlled out of London

UK advisers to alert HMRC if clients use offshore tax structures

Financial advisers in the UK could be required to notify HMRC of all clients using offshore tax planning structures.

Latam tax amnesties test private banks stamina

Moving onshore could help the Swiss giants retain their piece of the pie.

HK's proposed dedicated tax regime for offshore aircraft leasing

The Proposed Regime is expected to make Hong Kong an attractive jurisdiction for existing lessors to set up or expand operations and for new debt and equity investors to enter the aircraft financing market.

Offshore tax evasion: compliance and penalties

HMRC received the data from the CDOTs in September 2016 and has begun the process of matching that data to information it already holds in order to decide who to investigate.

Alleged tax cheats turn to courts to quash federal probe

CRA investigation in wake of Panama Papers leak unconstitutional, court action claims

Non-doms: time is running out - RSM

Despite the new draft rules being incomplete, and with less than four months left until their effective date.

The state of play on tax evasion and avoidance

HMRC received the data from the CDOTs in September 2016 and has begun the process of matching that data to information it already holds in order to decide who to investigate.

We Have Nothing More to Say to EU’s Panama Panel

Luxembourg is being investigated by the European Commission for giving hundreds of favorable tax rulings to multinational companies.

Jersey signs Double Tax Agreement with Mauritius

This is the 13th full DTA signed by Jersey that complies with the OECD Model Agreement.

Why Bermuda Could Be The Next Switzerland

Being established in Bermuda has implications around taxes.

Global transparency drive may catch more firms than Fatca

Whereas Fatca only applied to US taxpayers, CRS casts a wider net and impacts significantly more people and institutions.

EU Mulls Tax Sanctions for Countries Branded Tax Havens

All of the sanctions could apply to an EU company doing business within a jurisdiction that ends up on the EU tax haven blacklist.

U.S. Agents Raid Caterpillar Over Offshore Tax Practices

The company later said that it believed the warrant was related to the investigation into its tax practices.

The state of play on tax evasion and avoidance

Penalties can be up to 100 per cent of that other person's tax liability.

Where Lee Marvin Meets The IRS

I urge taxpayers with international tax issues to come forward and get it right with the system.