09/15/2016
Pakistan becomes the 104th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance
The Convention is the most powerful instrument for international tax cooperation.
Tax
09/15/2016
Controversial Directive Targets Common Tax Evasion Situations
The criticism is, in my view at least, premature.
09/15/2016
Australia warns companies against trying to avoid its ‘Google tax’
Taxation office issues alert against ‘artificial and contrived’ schemes
09/14/2016
Bahamas Urged: ‘Resist’ New Global Tax Pressure
The Bahamas has agreed to implement the CRS on a bilateral basis, meaning it will negotiate agreements one country at a time with nations seeking to automatically exchange tax information with it.
09/14/2016
Africa Loses $14B Annually In Tax Evasion, Undermines Growth Of Economies
Transfer pricing by multinational companies and the existence of offshore tax havens like Panama Islands are key avenues that are used to evade taxation
09/14/2016
Who’s the baddie?
Following the European Commission ruling that Apple should pay Ireland €13bn in back taxes, the reaction from the US was indignant. So why do the US authorities appear to be more annoyed with Brussels than they are with Apple?
09/14/2016
Non-doms pay 10 times more in income tax than average taxpayer group
Survey: They'll 'move if the grass looks greener'
09/13/2016
CRA Targets International Tax Evasion
JITSIC, consisting today of 36 of the world’s national tax administrations, a body originally established in 2004 to combat cross-border tax avoidance.
09/13/2016
US Treasury calls for tax reforms after EU ruling on Apple
Lew highlighted the importance of President Obama’s proposed plan for business tax reform and infrastructure investment.
09/13/2016
India to get tax, banking related info from Seychelles
The island nation has long been perceived as one of the preferred offshore havens for routing funds.
09/12/2016
To really tackle corporate tax evasion we need a public register
At the moment it is difficult, if not almost impossible, to ascertain the beneficial owners of any Australian company.
09/12/2016
Government, Opposition to meet on FACTA legislation
It aims to crack down on tax dodgers who hide hundreds of millions of US dollars in offshore accounts annually in an effort to avoid paying Washington its due.
09/12/2016
Push for EU mandatory disclosure of tax avoidance schemes
New rules are needed to eliminate the mismatches and loopholes between national systems, which companies can currently exploit.
09/12/2016
Concerns raised for tax paying non-doms
Raising concerns raised over non-doms tax payers
09/09/2016
Ireland’s Bad Apples
Apple had paid Ireland’s generously low corporate tax rate of 12.5 percent on its domestic activities and sales.
09/09/2016
Panama Papers-linked Australians on the hook after ATO raids
The information has revealed significant taxation evasion arrangements that promoters have put in place for their clients.
09/09/2016
Are UK non-dom changes good news for the Channel Islands?
The position is slightly different in relation to inheritance tax.
09/08/2016
'Untaxed Bermuda Triangle': Sinn Féin dissents as Irish Dáil backs Apple appeal
The commission ruled Apple had received favourable tax terms that amounted to state aid – illegal under EU rules.
09/08/2016
More Fat Cats Voluntarily Report Offshore Assets
The total reported amount was W4.8 trillion or an average of W9.3 billion per person.
09/08/2016
Bank Indonesia Pessimistic about Fruits of Tax Amnesty Program
Before the start of Indonesia's tax amnesty program in July 2016, Bank Indonesia estimated that the amnesty program would bring home about IDR 560 trillion