Managers of Wealth Offshore

Advisers aiding tax avoidance face 100% fines

The move is part of the government’s clamp down on corruption following the ‘Panama Papers’ scandal.

Investigations against Indians named in Panama Papers’ expose at ‘preliminary stage’

This group consisted of the officers of investigation division of the Central Board of Direct Taxes.

Swiss HSBC account holders bent on cross-examining persons who shared their information with India

Several HSBC accountholders in their appeals to challenge the claims of the tax department have underscored the right to cross-examine.

No Obligation to File Inaccurate Return to Avoid Failure to File Penalty

The taxpayer partnership claimed reasonable cause. The partnership tried, but failed, to obtain information it needed.

Jakarta plans tax haven on two islands near Singapore

Bintan, Rempang earmarked to draw funds that may otherwise be kept outside Indonesia, says senior minister

More capital from tax havens poured into Vietnam

The capital, including $8.7 billion worth of newly registered and $4.3 billion worth of additionally invested capiral, will be used to develop 1,408 projects.

Government notifies revised tax treaty with Mauritius

India and Mauritius signed had signed the revised Double Taxation Avoidance Convention after prolonged negotiations at Port Louis.

Scotland formally calls on UK to close "tax haven" loophole

Now – after a series of scandals involving such firms – Finance Secretary Derek Mackay has reached out to UK ministers with specific recommendations for reform.

Mass Bank Account Data Shared By German State

Information sent to foreign tax authorities on more than 100,000 bank account holders suspected of tax evasion in 19 countries

MALTA: Finance Minister not privy to FIAU investigation into Panama Papers

Nationalist Party is demanding explanations into the resignation of FIAU’s director Manfred Galdes

Low profit margins and a Panama Papers link - who's behind Wilson Parking?

Wilson Parking continues to dominate the paid parking market in New Zealand

Azerbaijan wants to zero VAT rate for export of all services

Advisor to Taxes Minister Ilkin Veliyev has stated that the Ministry will develop mechanisms for effective oversight of transactions of residents conducted via offshore countries and territories.

Panama Papers probe: Kolkata firm ‘linked’ to BVI company

Documents purportedly link owners of the company to Jelenta Investments Limited based in the British Virgin Islands tax haven

Argentina sees tax amnesty boosting economy

Transparency agreements between countries that come into effect next year will encourage stragglers, said Mariano Federici, head of the government's financial information agency.

Panama Papers Commission ‘Will Have No Credibility,’ Former Chair Joseph Stiglitz Says

The firm also said that it is regulated on multiple levels, often by overlapping agencies, and a strong compliance record.

Cayman FATCA Notification & Reporting Deadlines Extended to September 2016

Reporting FIs are advised to leave sufficient time to complete their notification and reporting before Friday, 2 September 2016, particularly if they opt to conduct their notification and reporting concurrently.

Law Makers Should Take Blame For Tax Avoidance

To lie about financial matters or cheat the taxman is viewed as a criminal offence.

States Like Nevada and South Dakota Are Making It Easier for Rich People to Hide Money

And it's not just Delaware money that other states are competing for.

US tax hunt overseas causes global headaches

There is little that can be done about FATCA and the change has to come from within the US

Cayman Island Automatic Exchange Of Information - US FATCA, UK FATCA, CRS Deadlines

Reporting Financial Institutions are urged to confirm with their internal compliance function or external FATCA/CRS services provider