Managers of Wealth Offshore

HSBC fights to stop money-laundering report going public

The bank is arguing in US courts that it could be left vulnerable to money laundering if the report is published.

Adoption of the OECD Common Reporting Standard in the British Virgin Islands - Appleby

Going forward, this means that BVI investment funds and other financial institutions (Reporting FIs) will need to take certain actions to comply with the CRS.

HMRC chief: HSBC Swiss tax dodge prosecutions 'unlikely'

So far only one person has faced prosecution as a result of the investigation into HSBC Swiss bank account holders.

Julius Baer CEO Says U.S. Tax-Fine Provision Is ‘Pretty Final’

Julius Baer, Switzerland’s third-largest wealth manager, announced last month that it increased provisions to settle the U.S. case to $547 million

Clinton Proposes Tax Penalty That Would Hit Son-In-Law’s Cayman Fund

According to documents cited by the Examiner, Mezvinsky, who has been married to Chelsea Clinton since 2010, and his associates at Eaglevale Partners have two outlets in the Cayman Islands

Hillary Promises To ‘Go After’ Cayman Island Tax ‘Schemes,’ Though She And Bill Have Made A Ton From Them

Biden said that while Sanders “has credibility” when discussing income and wealth inequality in the U.S., “it’s relatively new for Hillary to talk about that.

A hidden network of hidden wealth

If taxed on the nearly $100 billion dollars they keep offshore, the largest U.S. financial institutions could cover the U.S.’s entire poverty-focused foreign assistance budget for 2014.

Italy’s ‘white listing’ of Channel Islands is important step in attracting European business, says Ogier partner

The Guernsey and Jersey authorities had made representations to the Italian authorities on a number of occasions

Saffery Champness directors recognised in IFC Power Women Top 200

The list is compiled after extensive research, recommendations and testimonials from leading figures in the financial services industry with the objective of championing women in the wealth sector and highlighting female leaders.

Hong Kong Profits Tax Exemption for Private Equity Funds

This exemption was not optimal for most offshore PE funds unless they used the services of “specified persons” in respect of “specified transactions.”

Ireland: the Tax Haven that Dare Not Speak Its Name

I mean when Forbes regularly ranks you in their list of ‘Top ten tax havens’, there’s not really much of a debate to be had.

Dora the Tax Haven Explorer? Viacom Accused of Persecuting Tax-Avoidance Whistleblower

Media giant Viacom is being sued by a former senior executive who claims she was fired for objecting to an unethical, and possibly illegal, offshore corporate tax dodge.

Offshore asset holders urged to come clean over tax debts

The opportunity to reveal undisclosed overseas accounts and trusts with guaranteed immunity from criminal prosecution ended on January 1

Tax Free Living in the Bahamas: Pros and Cons

A guide to living in tax free Bahamas considering the pros and cons.

New UK tax changes unlikely to dent appeal of buy to let for UK non-residents

As stock market volatility continues, expats might be well advised to stick with UK buy to lets

Seychelles-Singapore DTA Operational

Withholding tax on royalties income at source will be capped at eight percent or such income will be exempt.

Offshore tax evasion: HMRC press release

The Offshore Tax Evasion regime will see information passing to the UK tax authorities from a large number of countries.

Italy Removes Jersey Blacklisting

The only remaining general criterion for the application of the CFC rules (without list) will be the low level of corporate taxation of the controlled foreign company.

Guernsey on Italian 'white list'

The Stability Law has revised the relevant provisions of Italy's tax code relating to so-called 'black lists' on corporate taxation and Controlled Foreign Companies rules.

States of Guernsey Common Reporting Standard

Supplementary Guidance Notes Released