12/02/2016
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”
12/02/2016
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.
12/01/2016
Hidden in last week's Autumn Statement was a move to bring into line how overseas and UK pensions are taxed.
11/30/2016
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
11/30/2016
Autumn Statement 2016: Private Client Announcements - Wedlake Bell
This will make it easier for such individuals to inwardly invest in UK businesses.
11/30/2016
Everyone has heard of ‘Panama Papers’, but few understand what it really means with regards to international taxation law.
11/29/2016
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.
11/29/2016
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.
11/28/2016
SMP Accounting & Tax - UK Autumn Statement 2016
On Wednesday 23rd November Phillip Hammond issued his first UK Autumn Statement.
11/25/2016
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.
11/25/2016
The awards are made solely on merit.
11/24/2016
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.
11/24/2016
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.
11/24/2016
Ecuador to Hold Referendum on Tax Havens
Voting is compulsory in this South American nation.
11/24/2016
Tax avoidance 'enablers' on Hammond's radar
Measures include a requirement for intermediaries and service providers with UK clients to register with HMRC.
11/24/2016
The Convention will enter into force in 2018 and will enable the government to automatically exchange information.
11/23/2016
The change was due to the introduction of a VAT system.
11/23/2016
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.
11/23/2016
Switzerland has to share bank details from 2018 which gives most account holders enough time to plan their move to another tax haven
11/23/2016
The implications for the rest of Europe are less clear cut.