05/02/2016
Let the world know Bermuda is no tax haven
If the process is legal, why are we labelled a tax haven?
Tax
05/02/2016
Fatca Filing Deadlines For BV Funds
BVI FIs with UK FATCA reporting obligations that have already enrolled on BVIFARS for US FATCA are not required to submit a new enrolment application but can log on and complete a Change of Reporting Obligations form to update their reporting obligations
05/02/2016
Panama Papers create a golden opportunity for UK fund houses
Onshore might be about to become de rigueur, and the UK stacks up rather well, says Andrew McNally
05/02/2016
Soofi sees historic opportunity for Pakistan
He said after the scandal the UN convention against corruption enacted in 2003, might be strengthened further.
05/02/2016
Japanese money in offshore tax havens could solve a lot of problems at home
Japan’s political elite is so far untouched by the scandal.
05/02/2016
UK offshore havens see drop in company registrations
There are varying reasons for the decline, ranging from privacy concerns following a leak of documents in the BVI, to the stricter regulations on transparency that were enforced in the wake of the financial crisis.
04/29/2016
Liberia: Africa's Unknown Tax Haven With Much To Lose
As world leaders consider what to do about the revelations emerging from the Panama Papers, Liberia's government will be worrying about the fall-out that may cross the Atlantic Ocean from the affair.
04/29/2016
Russia to join global fight against tax evasion
Moscow hopes to be a full member of the OECD's information exchange system by 2018, according to Russian media.
04/29/2016
Panama Needs 'More Time' to Impose OECD Tax Info Measures
OECD officials say they have long tried to get Panama to agree to their common reporting standards on exchanging tax information, to no avail.
04/29/2016
Expat Tax Worries Over QROPS Unfounded
QROPS pensions, for instance, are perfectly legitimate tax shelters for pension savings in just the same way as UK workplace pensions
04/29/2016
Dunkley defends island in letter to Corbyn
Bermuda provides over a quarter of the capacity for Lloyd’s of London.
04/29/2016
Two more Hong Kong universities admit they also have offshore companies after Panama Papers exposed PolyU
Renewed calls for a review of transparency standards after fresh disclosures by the University of Hong Kong and Chinese University
04/29/2016
South Africa Voluntary Disclosure Programme - Deloitte
From 1 October 2016 a special Voluntary Disclosure Facility will open which will allow natural persons, corporates and close companies, which are resident in South Africa, to disclose previously undisclosed foreign assets and income to regularise their t
04/29/2016
Significant UK tax transparency changes - Deloitte
Offshore Tax Bulletin
04/28/2016
Panama Papers and some inconvenient truths
This article would seek to shed light on some less discussed aspects of the offshore finance industry.
04/28/2016
U.S., Panama Sign Info-Sharing Deal on IRS, Citizens’ Bank Accounts
Deal allows for automatic exchange of information about U.S. citizens’ accounts
04/28/2016
Japan’s offshore investors on edge as Panama Papers revelations spark Hong Kong clampdown
But earlier this month, major banks in the territory suddenly stopped accepting Sasago’s applications to open accounts.
04/28/2016
India Never Sought Information on Tax-Related Matters, Says Bahamian Foreign Minister
Frederick A. Mitchell said his country is not going to shield people who are trying to hide their money from legitimate tax.
04/27/2016
Tax havens urged to ‘protect privacy’ by Isle of Man IFA
International jurisdictions need to be “cautious” how they respond to the increased transparency measures put in place following the Panama Papers leak earlier this month, Isle of Man-based IFA group Abacus has warned.
04/27/2016
Do we need a global tax organisation?
Do the Panama Papers demonstrate the need for a global tax body? A number of tax advocates think so.