Managers of Wealth Offshore

India, France to explore avenues to check offshore tax evasion

India has been spearheading the campaign at international fora for automatic exchange of information with a view to check tax evasion.

Cyprus: New Law Introduces an Attractive Non-Domiciled Status

One of the most important changes made was the introduction of the concept of a non-domiciled resident individual.

Google faces parliamentary showdown over £130 million tax settlement deal

Labour labels agreement a "public relations sop."

Pierre Karl Péladeau calls report linking Quebecor and tax havens 'big dud'

Radio-Canada reports 30 companies and subsidiaries with ties to Quebecor found in Barbados, Cayman Islands

Higher Rates of SDLT on Second or Buy to Let UK Residential Properties - Deloitte

Guernsey Tax Bulletin

Britain’s Trillion Pound Paradise – Inside Cayman, BBC2, 9pm

So is it all a tremendous tax cheat or is this a legitimate way to do business?

Swiss sign ‘FATCA on steroids’ deals with Crown dependencies

Switzerland has signed joint declarations on the automatic exchange of information (AEOI)

Jersey and Switzerland sign joint declaration

Identical declarations have been signed with Switzerland by Guernsey and the Isle of Man.

Black money hunt leads to tax bosses

Top official 'wrote to CBI saying tax babus were helping businesses evade their dues'

UK expats face 'double whammy' over tax affairs

The government is ready to restrict British expatriates' tax benefits in a bid to get agreement with the European Union over renegotiating the UK's terms of membership, according to press reports.

US tightens up on luxury property purchases through offshore companies

The scale of the problem is unknown, however, property markets in residential hubs like New York, Miami, and LA are believed to have benefited from the influx of ‘dirty money’ from abroad.

Briefs on the beach

Offshore financial havens such as the Cayman Islands or the British Virgin Islands are small, low-tax jurisdictions

HMRC to rebate tax to thousands of contractors using offshore schemes

Contractors have been targeted by HMRC as part of a high profile campaign to recover billions in tax it believes has been deliberately avoided.

AICPA Partners with Cayman Islands Accounting Society

The AICPA has many resources that can support this initiative, and we’re excited about building a closer relationship with our colleagues in the Cayman Islands.

British Virgin Islands: Adoption Of The OECD Common Reporting Standard In The British Virgin Islands

One of the key differences between FATCA and the CRS is that the test used to identify tax payers under the CRS is based on tax residency rather than citizenship (contrary to FATCA).

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