Managers of Wealth Offshore

Panama Papers Prompt Race for Tax Haven Dollars Before Crackdown

Results so far have been mixed, with plans getting initial traction in Argentina and less so in places like Brazil.

Action required by non-domiciled individuals before 6 April 2017

This consultation, which has been a long time coming, provides some welcome and much needed clarification.

Does tax avoidance have a future? by George Bull

When all is said and done, you either pay the tax due or you do not. You are a compliant taxpayer, or a tax evader. So does tax avoidance have a future? And what does the Cheshire Cat have to say about this?

India-Singapore tax treaty: Mauritius-like amendment expected

The bilateral tax treaty helps in avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.

Trinidad and Tobago signs inter-governmental FATCA agreement with US

FATCA is part of US federal Law that requires American citizens and residents—both within and outside the US—to report on their non-United States financial accounts.

Liechtenstein strengthens international tax co-operation

The Convention will enter into force for Liechtenstein on 1 December 2016.

Switzerland: Exchange Of Information In Switzerland

Tax rulings issued after 31 December 2009 may fall within the scope if suspicion of undue tax savings are found.

Con doc published on taxation of UK non-doms and IHT for offshore companies holding UK residential property

A further consultation document was published on Friday 19 August 2016 providing more information on the proposed changes to the taxation of non-doms first announced in the Summer Budget 2015.

Proposed Changes to the Non-Dom Regime from April 2017

This briefing note focuses on the changes that will affect non-domiciled individuals who have been living in the UK for more than 15 years.

Panama Papers Hurt Latin America Corresponding Banking

Increased reluctance of international banks to conduct correspondent banking with Latin American counterparts.

U.S. Tax Enforcer: «This Are the Countries We Will Target Next»

The principal deputy assistant attorney of the U.S. didn't mince her words in her address.

Changes to the taxation of non-UK domiciles - Deloitte

further consultation on the proposed reforms to the taxation of non-UK domiciliaries and to the inheritance tax (IHT) position of UK residential property has now been publishe

Barbados Government Nudges Banks With Increased Tax

Delivering the 2016 Budget this week, Sinckler complained that although the April 1, 2015 removal of the minimum 2.5 per cent interest rate by the Central Bank of Barbados was intended to ultimately benefit consumers, that had not happened.

Gordon Ramsey’s business partner gets jail time for tax evasion scheme

The fact that you are a wealthy and successful businessman should not exclude you from a custodial sentence.

Treasury tightens squeeze on non-doms

Holding UK homes in foreign companies will cost more

Taiwan Probes Leading Bank Linked To Panama Papers

The US Department of Financial Services said it had identified "suspicious transactions" between Mega International's New York and Panama Branches.

Kuwait takes key steps towards improving tax transparency - OECD

By doing so, Kuwait is re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018.

Trinidad and Tobago: Implementing FATCA requirements towards compliance

The US Treasury Department will assess the plan and determine whether TT will remain on the listing of countries that have an IGA in effect.

BARBADOS: ‘New tax could wipe out pension increase’

Private sector officials see this as counterproductive, expressing fear today that it would wipeout the increase in old age non-contributory pensions.

How Apple found a bigger tax loophole than the Double Irish

Specifically, Apple does not move its intellectual property into offshore tax havens and use it to sell products back into the US to avoid US tax, nor does it use revolving loans from CFCs to fund its domestic operations.