Managers of Wealth Offshore

Dutch Notaries Used as Pawns to Set Up Structures to Avoid Tax

Trust Bloomberg BNA's Premier International Tax offering for the news and guidance to navigate the complex tax treaty networks and business regulations.

Japanese individuals, firms named in Panama Papers owe ¥1 billion in taxes on hidden income

The names of the individuals and companies found through the papers to owe taxes on undeclared income have not been disclosed, but no irregularities involving politicians were apparently uncovered, the sources said.

Bahamas budget to focus on revenue measures

The government had not been able to undertake an in-depth analysis of both Recurrent and Capital Expenditures.

KPMG celebrates 50 years in Cayman

“I am really optimistic for our future and that of the Cayman Islands because in my view they are inextricably linked

UK among 60+ signatories to groundbreaking BEPS treaty

Today’s signing ceremony marks a an important milestone in the international tax agenda, which is moving closer to the goal of preventing base erosion and profit shifting by multinational enterprises.

Turkey Unveils New Tax Amnesty Law

If taxpayers pay the required amounts within the scope of the Amnesty Law at once within the due time, they can enjoy additional benefits provided by the Amnesty Law.

U2, Rolling Stones business rep called to Dutch tax haven committee

The Netherlands is ranked third in Oxfam’s annual list of the world’s top 15 tax avoidance centres

First Space-Based 'nation' could 'spur off-planet tax havens'

This potentially opens the door to off-planet data and tax havens, according to filings obtained by Motherboard, and represents an important step towards the group's proclaimed goal of starting a private nation in space.

Korea signs multilateral treaty to prevent offshore tax erosion

It is also aimed at narrowing complex tax treaty loopholes and keeping multinational companies from shifting their profits to low or no tax environments.

HMRC ROPS list reappears: some well-known names vanish

Twenty schemes vanished from Guernsey

FATCA Update: FFI Agreement Renewal Function Now Available

Along with system fixes, the update within the registration application includes the removal of the classification of “limited” for financial institutions and branches.

Automatic extradition for tax evasion

“The request from the international agencies is that we remove the discretion to say no and allow for extradition of tax purposes"

Thousands of British expats could face tax penalties for undeclared cash: report

Banks, building societies, insurance companies and investment companies are required to provide HMRC with data about their overseas clients’ accounts — including balances — by the end of today.

Ireland at the heart of football tax probes

Cristiano Ronaldo and Mourinho have used Dublin to manage image rights cash

Guernsey Tax Bulletin

Common Reporting Standard (“CRS”) – extension to 31 July before late filing penalties are applied

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.