03/30/2016
The companies set up in BVI in turn could be holding properties and other assets in London, Dubai and other places. Persons who are found guilty and are unable to obtain stay order from the High Court, can be arrested under the law in these cases. More su
03/30/2016
This reduction in turn would spur more developments and likely increase the pool of taxes to Government.
03/30/2016
Since it was revealed on March 15 that Prime Minister Sigmundur Davíð Gunnlaugsson’s wife owns a company registered in Tortola, the British Virgin Islands
03/29/2016
The IRS has already received the first batches of data and many more are on the way.
03/29/2016
Numerous reports say that the world’s favorite tax haven is the United States.
03/29/2016
The Group of 77 developing countries, led by India and China, wants to turn the committee into a more muscular inter-governmental agency that would have a voice in setting tax rules
03/28/2016
Responses are invited to the questions included in a consultation document on issues and suggestions on the tax treaty entitlement of non-CIV (Collective Investment Vehicle) funds.
03/28/2016
These funds were channelled through brass-plate companies set up in Mauritius
03/28/2016
The move was also aimed at forcing Russians to pay more taxes at home, as the country's budget was hit by sanctions and low oil prices, a cornerstone of the country's revenues.
03/24/2016
The All-Party Parliamentary Group on responsible tax has been examining the OECD’s BEPS recommendations to the G20. So what was the outcome?
03/24/2016
For hundreds of other Dutch UBS account holders who did not lodge similar appeals, however, their information was already transferred to the Netherlands from Switzerland.
03/23/2016
These funds took in $301 billion in net new money last year, bringing their total assets to $4.8 trillion, a 6.5 percent growth rate over 2014.
03/23/2016
The Country-by-Country reporting template does not apply to groups with annual consolidated revenue in the immediately preceding fiscal year of less than EUR 750 million.
03/23/2016
The minister said that through negotiations Jersey had been successfully taken off some of the blacklists and that he hopes the same can be achieved with other EU member states, including Portugal.
03/23/2016
Brodjonegoro was quoted by media as saying the tax authority has identified 2,000 SPVs set up by Indonesian firms and 6,000 saving accounts in tax-haven countries.
03/21/2016
The smartphone app, which has raised more than $7bn (£4.8bn) in funding, and is valued at $62bn, is currently losing money as it ploughs cash into expansion.
03/21/2016
The alert was buried in the fine details of the OBR’s 260-page report on last week’s Budget.
03/20/2016
From investing to businesses to offshore bank accounts, past high profile cases highlight the many ways people hide money obtained illegally
03/18/2016
The run-up to the UK Budget was dominated by rumours of major changes to the taxation of pensions which did not materialise.
03/18/2016
The legislation will be introduced at report stage and will take effect from the date of introduction