07/02/2017
TheCable understands that the scheme, which will run for nine months, is a grace period for the celebrities to make amends of face the full wrath of the law, which could include jail term of up to five years.
06/30/2017
The Panama papers leak in May last year demonstrated how a complex corporate structure, often set up offshore, can be used to hide millions of dollars from tax authorities.
06/30/2017
Global tax watchdogs have praised the progress made towards tax transparency by a number of previously 'non-compliant'
06/29/2017
But others accuse the Paris-based economics body of drawing up a "meaningless" blacklist of one.
06/28/2017
The company has to pay Spanish corporation tax.
06/28/2017
From July 1, China’s top tax authority will start requiring details of any financial assets held in China
06/28/2017
A review of your will may be required to ensure you get the benefit of the new residence nil rate band
06/28/2017
At the start of the year tax evasion and avoidance featured in the news agenda on a regular basis. Despite fewer headlines, tackling this issue still remains an important part of the UK government’s tax agenda, but is HMRC ahead of the game or strug
06/28/2017
Other offshore centres bow to pressure to comply with international standards
06/28/2017
The OECD-hosted Global Forum on Transparency and Exchange of Information for Tax Purposes has been working to enhance global tax transparency, end banking secrecy and protect public finances by curtailing tax evasion since 2008
06/26/2017
A tax haven would have no obligation to reveal details of bank accounts and trusts that have been closed.
06/25/2017
But the most interesting part of this story is what these workgroups recommended be done to combat tax evasion.
06/25/2017
British Virgin Islands investments created 2.2 million jobs and US$15.7 billion tax globally in 2015, research by Capital Economics showed
06/25/2017
Critics say tighter rules are welcome, but should be even tougher for tax-haven abusers
06/23/2017
Failure to meet the deadline can result in a penalty of £3,000.
06/23/2017
Then the election was announced. Suddenly the imperative was to get a semblance of the Finance Bill onto the statute books before parliament dissolved.
06/22/2017
Schemes involving transactions to low tax jurisdictions such as Jersey and Guernsey will need to be reported to the European Union, under new legislation aimed at tackling tax avoidance.
06/21/2017
The European Commission is now looking into measures that would dissuade these intermediaries from assisting wealthy individuals in avoiding tax.
06/21/2017
The tax system in Cayman Islands ranks the least complex in the world on two of these criteria compliance and bookkeeping.
06/21/2017
The evening session was devoted to the future of artificial intelligence.