04/04/2017
HMRC launches new tax fraud and evasion hotline
The HMRC Fraud Hotline will form an important part of our intelligence gathering operations to bring in more money for the exchequer and the country.
Tax
04/03/2017
India steps up black money hunt; seeks Swiss details of over 10 persons
Under its local rules, Switzerland provides a final chance to the concerned persons and entities before sharing the information about suspected cases of tax crimes with any foreign jurisdiction.
04/03/2017
Credit Suisse is touting zero tolerance on tax evasion in newspaper ads after office raids
None of the assets seized came from Credit Suisse.
04/03/2017
Vistra Expands Footprint in Germany
With the acquisition we hope to bridge the gap currently seen in terms of available service providers in the International Expansion market.
04/03/2017
Accidental Americans Caught In FATCA Net
The Canadian Revenue Agency has passed on reports about 469,827 accounts, but knows nothing of the other disclosures.
04/02/2017
Canadian Revenue Agency slapping harsher penalties including jail term to tax dodgers
Initially, the CRA is targeting a few high-value targets, though according to reports, the agency is investigating 85 Canadian whose names appeared in Panama Papers.
04/02/2017
Panama Papers boost tax battle, but no silver bullet
The leaking of the more than 11 million documents belonging to Panamanian law firm Mossack Fonseca kickstarted fresh government action against the secretive world of tax fraud and evasion
03/31/2017
deVere Steps In With Expat Banking Solution
Opening the bank allows deVere to offer a complete financial and banking solution to our clients.
03/31/2017
Dutch prosecutors seize gold bars, hunt for suspects in tax investigation
The Dutch government has passed information to the other countries
03/31/2017
German MEP orders Britain to cut off Commonwealth States in latest Brexit demand
A German MEP is calling on Britain to rescind its relationship with a plethora of Commonwealth states as negotiations continue with Brexit.
03/31/2017
Tax man to be quizzed about F1 deal
The Public Accounts Committee recently raced into the spotlight in sport when it investigated footballers avoiding tax on income from image rights.
03/31/2017
Oxfam Keeps Pressure On Bermuda As Tax Haven
The report listed 2015 Bermuda figures for European-based banks as a turnover of nearly US$309 million.
03/31/2017
Indonesia to widen crackdown on tax evaders as amnesty ends today
Mr Widodo is banking on revenue from the amnesty to fund billions of dollars in infrastructure projects as South-east Asia’s biggest economy struggles to return to historic levels of economic growth.
03/31/2017
Australia identifies over 340 names with secret Swiss accounts
The message from these investigations makes it clear that governments worldwide are shining a light on offshore tax evasion, and it's only a matter of time before you're in the spotlight.
03/31/2017
Technology offers critical solutions to prevent, identify and tackle tax evasion and tax fraud, says OECD
Technology Tools to Tackle Tax Evasion and Tax Fraud demonstrates how technology is currently being used by tax administrations in countries worldwide to prevent, identify and tackle tax evasion and tax fraud.
03/31/2017
Crown Dependency Tax Reporting Bulletin
Guernsey Tax Bulletin
03/30/2017
We lose £11.4bn a year in tax evasion – won’t we need that post-Brexit? - George Bull
We’ve been studying HMRC’s tax gap figures spanning six years. The results are startling. While tax avoidance is at its lowest level ever, tax evasion and the hidden economy seem to be increasing inexorably, costing the UK £11.4bn a year
03/30/2017
Indonesia to Widen Crackdown on Tax Cheats as Amnesty Closes
Widodo, known as Jokowi, is banking on revenue from the amnesty to fund billions of dollars in infrastructure projects
03/30/2017
Rich people love tax havens—and under Trump, the problem will only get worse
The allegations shed that much more light on the murky world of offshore financing.
03/30/2017
Kenya to Launch Tax Amnesty
Taxpayers who make use of the tax amnesty to disclose their businesses, property, income and assets overseas, will enjoy a waiver for the taxes, interests and penalties for the years up, and including, to 2016.