Managers of Wealth Offshore

Switzerland eyes AEOI with 21 countries

The introduction of the AEOI confirms Switzerland’s international commitment to implementing the AEOI standard

EU Mulls ‘Substance Test’ to Determine Zero-Rate Tax Havens

Member countries “generally agree that the absence of a corporate tax system, zero or almost zero rate of taxation does not automatically mean that a jurisdiction encourages offshore activities”

Revealed: Coutts managed tax haven firms for controversial clients

The information was uncovered in the Panama Papers, a database of 11.5m documents leaked from the archives of the offshore law firm Mossack Fonseca.

Expat pensioners face income tax hike

Hidden in last week's Autumn Statement was a move to bring into line how overseas and UK pensions are taxed.

Cyprus: Changes In Tax Regime For Directors And Other Officers

Acceptance of a position on purely personal grounds does not of itself create an economic activity

Autumn Statement 2016: Private Client Announcements - Wedlake Bell

This will make it easier for such individuals to inwardly invest in UK businesses.

BVI vs Mossack Fonseca: why a ‘universal jurisdiction’ is needed for tax fraud crackdown

Everyone has heard of ‘Panama Papers’, but few understand what it really means with regards to international taxation law.

Taxing the $2.5 Trillion in Offshore Profits: What's Ahead for Repatriation?

U.S. multinationals are avoiding up to $718 billion in taxes on this offshore profit cash hoard.

Trinidad and Tobago should lead on international tax neutrality

Trinidad and Tobago and other nations must consider long term benefits over short term gains when deciding whether to tax Internet commerce.

SMP Accounting & Tax - UK Autumn Statement 2016

On Wednesday 23rd November Phillip Hammond issued his first UK Autumn Statement.

Countries adopt multilateral convention to close tax treaty loopholes and improve functioning of international tax system

It will also allow governments to strengthen their tax treaties with other tax treaty measures developed in the OECD/G20 BEPS Project.

Andrew Dixon named Accountant of the Year

The awards are made solely on merit.

Tax Inspectors Without Borders making significant progress

The projects focus on revenue recovery and improving local audit capacity while sending a strong message on the need for tax compliance.

HMRC ‘puts people on notice’ with duty to correct tax return

We expect this will lead to an increase in voluntary disclosures prior to the expected deadline of 30 September 2018.

Ecuador to Hold Referendum on Tax Havens

Voting is compulsory in this South American nation.

Tax avoidance 'enablers' on Hammond's radar

Measures include a requirement for intermediaries and service providers with UK clients to register with HMRC.

Saint Lucia to Meet Global Standards of Transparency, says PM

The Convention will enter into force in 2018 and will enable the government to automatically exchange information.

Vat Gives Bahamas Unwanted World Lead

The change was due to the introduction of a VAT system.

Bolivia Joins Ecuador in Fight to Stamp out Gobal Tax Havens

The pact aims to catapult debate on tax havens onto the international stage and spark a move toward regulation to stamp out the “immoral practice” of offshore tax dodging.

Indian Swiss bank account holders may shift to other tax havens

Switzerland has to share bank details from 2018 which gives most account holders enough time to plan their move to another tax haven