07/05/2016
"The request concerns a number of UBS account numbers pertaining to current and former French domiciled clients and is based on data from 2006 and 2008," UBS, Switzerland's biggest bank, said in a statement.
07/05/2016
The now-famous Panama Papers leak offers rare insight into the workings of this exclusive investment club.
07/04/2016
The long-awaited Indonesia's tax amnesty bill was finally passed by the parliament on Tuesday, 28 June 2016.
07/04/2016
Welcome to Junes 2016 edition of Deloitte’s Offshore Tax Bulletin, which provides a round-up of local and international tax issues relevant to the Isle of Man, Guernsey and Jersey businesses and individuals.
07/01/2016
The Ministry of Justice's authorization for the Tax Authority to extend the voluntary disclosure proceeding was granted at the last minute before the previous deadline.
07/01/2016
The Panama Papers revealed Samoa, which is situated halfway between New Zealand and Hawaii, as a key player in offshore financing.
07/01/2016
The companies analyzed include banking and financial services giants such as J.P. Morgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley.
07/01/2016
The BEPS Project delivers solutions for governments to close the gaps in existing international rules that allow corporate profits to "disappear" or be artificially shifted to low or no tax environments, where companies have little or no economi
07/01/2016
The UK Government is looking to introduce new Criminal and Civil Offences targeted at businesses involved in tax evasion. The measures are intended to address a perceived inability to effectively prosecute UK led businesses whose staff facilitate tax evas
06/30/2016
Once implemented, the legislation will put an end to the most common loopholes and aggressive tax planning schemes.
06/28/2016
In its statement, Deloitte said: ‘While the UK has opted for a future outside the EU, Britain remains a competitive, innovative and highly-skilled economy and an attractive place for business.'
06/28/2016
The Canada Revenue Agency should stop protecting the privacy of offshore tax avoiders, and start protecting the integrity of the tax system.
06/27/2016
A government official involved in the deliberations confirmed with The Straits Times that under the tax amnesty law, the government will tax these assets held by individuals or companies
06/24/2016
This was followed by tax efficiency (23.2 per cent) and better investment returns offshore (21.9 per cent).
06/24/2016
The company’s latest report states that wealth managers need to gain a deeper understanding of the drivers that are prompting HNW investors to look for new places to store their fortunes.
06/24/2016
The directive, part of a January 2016 package of Commission proposals to strengthen rules against corporate tax avoidance, builds on 2015 OECD recommendations to address tax base erosion and profit shifting (BEPS).
06/23/2016
In what could be a significant development moving forward, UBS has provided the IRS with tax records and offshore accounts.
06/22/2016
The commission highlighted that the deal had been reached in record time.
06/21/2016
While the Bahamas already possesses an aircraft registry, it barely registers as a blip on the radar screens of the international aviation industry and potential clients when compared to the likes of Bermuda and the Isle of Man.
06/20/2016
In 2017, we will grow again. After five years, growing again is vital,” he said.