12/07/2015

Cadbury owner Mondelez tax-free in UK

Although the UK Treasury decided against making changes in 2012, the international focus on tackling “base erosion and profit-shifting” is likely to trigger fresh scrutiny.

12/03/2015

Execs don’t have Swiss bank accounts

If they can prove that any of our INC leaders have offshore accounts in the Cayman Islands or in Switzerland, they can have the cash in all of them

12/01/2015

Hong Kong Urged To Cut Tax For Asset Management

It sets out recommendations relating to the tax regime for OFCs, which is currently under review by the Government, as well as the profits tax exemption criteria for offshore PE funds introduced on July 17, 2015.

11/30/2015

A new criminal offence for tax evasion

The government will introduce a new criminal offence that removes the need to prove intent for the most serious cases of failing to declare offshore income and gains.

11/30/2015

Clamping down on tax evaders

The new campaign is part of a drive to claw back an estimated offshore “tax gap” of £565m to the public purse

11/26/2015

Tax cheats who used Swiss bank accounts revealed

Bank secrecy rules in Switzerland long made it easy for foreigners to hide money there. In recent years the country has signed several agreements pledging to cooperate with foreign tax authorities.