Managers of Wealth Offshore

MEPs set to probe Panama Papers and flouting of EU tax rules

The European parliament has set up a 65-strong committee of MEPs to probe the Panama Papers revelations into the use of offshore companies and their ultimate beneficiaries.

Panama Papers Link Cambodians to Offshore Firms

The latest data include 25 individuals related to Cambodia who hold shares in 26 different offshore companies.

Isle of Man tax dodge could violate Income Tax Act, KPMG insiders cautioned

Internal KPMG emails, documents reveal concern over offshore scheme that CRA later called a 'sham'

SBMGroup: The Indian Ocean Island’s Financial Powerhouse

The announcement comes at a time when business at SBM Group is growing remarkably.

Bankers Linked to Tax Evasion Face Tougher Penalties in Denmark

The allegations follow earlier reports that Nordea had worked with Panama-based law firm Mossack Fonseca to help wealthy clients hide their assets from tax authorities.

Cyprus says 'very close' to revising tax treaty with India

As part of larger efforts to curb illicit fund flows, Indian government has been working on revising tax treaties with various countries

Abolish tax havens, say finance chiefs

The rest are carrying out contingency plans for what would happen after a Brexit.

65 MEPs to investigate Panama Papers Contraventions and Tax Evasion

Spotlight could fall on EU member states, like Malta, for facilitating ‘tax avoidance’ through profit-shifting

Panama Papers Reveal Tortola Connections of Iceland’s Richest Men

An article in Stundin today reveals the connections of father and son Björgólfur Guðmundsson and Björgólfur Thor Björgólfsson to offshore companies.

Spanish police ask Santander for documents in HSBC tax probe

The probe is linked to tax avoidance but how much money is involved is unclear at this stage, a court source said.

Brazil, Jamaica and Uruguay expand their capacity to fight international tax avoidance and evasion

The Convention provides for all forms of administrative assistance in tax matters: exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. It gu

OECD releases discussion draft on the multilateral instrument to implement the tax-treaty related BEPS measures

The Ad Hoc Group now includes 96 countries all participating on an equal footing, as well as a number of non-State jurisdictions and international organisations participating as Observers.

Panama Papers: Chancellor George Osborne to testify during Europe-wide inquiry into alleged tax evasion

MEPs are meeting in Brussels on 2 June to approve the creation of a 65-member committee, which is expected to begin its inquiry in September and continue for a year.

Malaysian Island Works Offshore Niche

Labuan, a small player in a region known for its business-friendly financial centers, makes a push

Tax Transparency - the impact on the individual

Deloitte Webinar Invitation

The Panama Papers Aftermath

The offshore financial industry is critical for global investment.

Asian regulators ask banks to reveal Panama Papers' links: sources

According to two sources familiar with the situation, the Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) sent letters to the banks in April.

Canada can do much more to combat global tax evasion

While most Canadians might believe that such things happen in tropical destinations far from home, they would be mistaken.

Avoiding Pension Freedom Tax Pitfalls With QROPS

Two unfortunate consequences have combined to complicate the income tax they pay.

PanamaPapers: SA tax dodgers walk a tightrope

But if Sars gets to them before the legislation is passed to provide for the amnesty, or before they come clean, they are in for a financial hiding.