Managers of Wealth Offshore

Canada on Track to Collect $9.6 Billion in Offshore Tax Evasion Cases

We are building a stronger and more fair tax system, where those who choose to cheat are no longer able to hide and will face the consequences of their actions.

Are You Hiding Money From the IRS Overseas? Be Very Afraid

The IRS is currently mining extensive data provided by banks in Switzerland and elsewhere to find scofflaws and their enablers.

New Bamako Cardinal Allegedly Conceals Millions in Switzerland

Funds were then channeled from those through different banks before being eventually placed at seven accounts with the HSBC Private Bank in Geneva, Switzerland.

Prevention Better Than A Cure?

A company will commit the UK tax offence if a person associated with it criminally facilitates evasion of UK tax by another.

Cyprus offers tax exemption on worldwide income

The concept of 'domicile' already existed under Cypriot legislation by way of the Wills and Succession Law, in which it was used to determine which jurisdiction should govern the succession of a deceased person.

FATCA and CRS Reporting Deadlines Near

US FATCA and CRS reports must be submitted to the Assessor online using the Information Providers’ Online Service and in the prescribed XML file formats.

Switzerland, Kosovo Sign DTA

Royalties will be taxed only in the beneficial owner's state of domicile.

The fight against offshore tax evasion continues: CRS disclosure facility delivers first results

Practitioners, ‎financial advisers, civil society and anyone with knowledge of schemes that purport to circumvent the application of the CRS are strongly encouraged to come forward and make use of this facility.

Bahamas To Sign OECD Anti-Tax Avoidance Convention

The Convention is the most comprehensive multilateral instrument available for a wide range of tax co-operation to tackle tax evasion and avoidance, and guarantees extensive safeguards for the protection of taxpayers' rights.

EY highlights work still to be done on FATCA and CRS

Wendy Martin, EY Partner and Head of Tax in the Channel Islands, another speaker at the event, highlighted the importance of seeking advice and documenting policies and procedures.

Tax office quiet about Panama papers mishap

The secretary of state insisted, however, not to expect any great results in terms of tax collection, particularly since the transfers to the offshore accounts.

EU targets lawyers in tax-avoidance clampdown

Brussels is preparing to crack down on lawyers and accountants running tax-avoidance schemes for clients.

Hogan rejects ATO boss 'settlement' claims

I'd have been quite happy to go to court

KPMG-linked offshore companies ordered documents destroyed amid CRA probe

Department of Justice had demanded accounting giant preserve all records

12 States With Great Tax Breaks for Retirees

So if you’re looking to flee a high-tax state, where should you go?

Paul Hogan paid ‘tens of millions’ to ATO

Sometimes substantial amounts, in the tens of millions, are paid, and that covers the liability.

Cut Corporate Taxes? This Is How the Biggest Companies Cheated on Taxes in 2016

The two banks combined to DEFER nearly $10 billion.

Probe of Canadian tax cheats could lead to jail time

It’s the strongest signal yet that Canadians named in the Panama Papers could end up behind bars.

Ukrainians crack down on Scottish tax-haven companies

Several SLPs have been named in Ukrainian criminal cases

Commission welcomes adoption of new rules to block #TaxAvoidance

Today’s agreement will ensure that companies cannot avoid taxation by abusing mismatches between countries’ tax treatment of certain income or entities