03/02/2017
Top tax official not sure of losses with €10bn transfers offshore
The files containing the information provided by banks to its central computer system.
Tax
03/02/2017
UK Inheritance Tax Deadline Looms For "De-Enveloping" Your BVI Company
As a result, British Virgin Islands companies holding UK residential property owned by non-domiciled individuals should note the following
03/02/2017
KPMG offshore tax dodge a 'facade' designed to hide money, ex-client says
Accounting firm's contracts with federal government questioned
02/28/2017
Canada To Ramp Up Efforts Against Tax Evasion
Audits of the highest risk taxpayers for four offshore jurisdictions are underway.
02/28/2017
UK: Planning Points For Offshore Companies Resulting From Recent UK Tax Developments
More recently, the UK has added another capital gains tax regime applicable to non-residents of the UK who own UK residential property
02/28/2017
Domicile, Tax And Trusts – Reforms Afoot
The concept of deemed domicile is being extended to all UK taxes, including income tax and capital gains tax.
02/28/2017
Worried about Revenue clampdown on offshore assets
There also hasn’t been any trading in the foreign currency which might give rise to capital gains.
02/27/2017
HSBC discloses tax evasion probes
HSBC further said it has set aside USD 773 million over Rs 5,000 crore as a provision for various tax- and money laundering-related matters.
02/27/2017
Out to prove S'pore is not a tax haven
Former judicial commissioner Edmund Leow is back practising the branch of law he loves
02/27/2017
Widespread relief as FATCA passed
We are not certain that the Board of Inland Revenue has the capacity to make all this information available to the US if they are called upon to do so.
02/27/2017
French judges begin hearing giant tax case
The so-called France Offshore Affair has been in the headlines for years.
02/27/2017
HSBC reveals it is being probed for helping clients dodge taxes
The banking giant also said offshore accounts of four Indians and their families were being probed by Indian tax authorities
02/24/2017
One last chance to take advantage of offshore trusts? - Harneys
Once deemed domiciled, their worldwide assets will be subject to UK inheritance tax.
02/24/2017
Credit Suisse’s Israeli Desk in New Tax Evasion Probe
The investigation focuses on the bank’s Israeli desk, which has hundreds of clients.
02/24/2017
Cayman Islands vote could pull back veil of secrecy for businesses
The Cayman Islands, a U.K. territory long considered to be an offshore tax haven.
02/24/2017
Get serious, pass FATCA today
Where it again highlighted the severe impact of FATCA non-compliance.
02/24/2017
New tax measure takes aim at Offshore Trusts
What appears to be targeted is the fairly common situation in which an offshore discretionary trust is established and holds the shares in an offshore company.
02/23/2017
Only 15 taxpayers voluntarily disclose undeclared offshore assets
Declarations before May 1st mean reduced penalties and chance to remain anonymous
02/22/2017
The UK Must Not Backtrack On Tax Transparency
But now, ahead of a crunch vote in the House of Commons, it looks worryingly like the Government has already given up on getting British tax havens to open up
02/22/2017
CRA's new fingerprinting policy could create travel problems for accused tax evaders
Tax agency calls mandatory fingerprinting a powerful deterrent