04/05/2016
Managing an offshore disclosure – what to do next? by Andrew Hubbard
The revelations emerging from Panama and the threat of further leaks will almost certainly mean sleepless nights for some. So what should you do if you’re worried that the taxman might come knocking?
04/05/2016
The Panama Papers allegations are not representative of the offshore financial industry
The comments from Nigel Green, founder and chief executive of deVere Group, follow a major leak of confidential documents from Panamanian law firm, Mossack Fonseca.
04/05/2016
Panama leaks: David Cameron's father 'ran offshore fund that paid zero UK tax for 30 years'
David Cameron’s father was allegedly involved in hiring what has been called a small army of Bahamas residents – including a part-time bishop – to sign paperwork for an offshore fund in what may have been an effort to avoid paying UK tax
04/05/2016
BAHAMAS: Government Defends Financial Service Industry After ‘Disconcerting’ Leak
Mrs Strachan said her ministry will closely monitor the investigation as it was still too early to determine if the data leaks that have been dubbed the “Panama Papers” will have any impact on the industry in the Bahamas.
04/05/2016
Britain should not crack down on tax havens as doing so would destroy their livelihoods, senior Tory MP says
Dominic Grieve says British Overseas Territories are 'entitled' to exploit financial services
04/05/2016
Apple’s tax affairs spark a transatlantic face-off
Washington calls foul over the EU inquiry — amid anger over a $1tn offshore cash pile
04/05/2016
Bahamas’ ‘Dead Wrong’ Model Highlighted By Panama Papers Leak
That is unsurprising, given that Mossack Fonseca has a physical presence in the Bahamas via its financial and corporate services provider subsidiary.
04/05/2016
Gibraltar not one of 21 jurisdictions featured in Mossack Fonseca portfolio
it has emerged that Gibraltar is not included in the list of offshore jurisdictions used by the Panamanian firm Mossack Fonseca.
04/04/2016
British Virgin Islands growing rich as a global tax haven
The BVI government collects more than $200 million in corporate fees every year.
04/04/2016
Sweden's Nordea bank in global tax haven tangle
In total, around 400 Swedes are named in the ICIJ's report.
04/04/2016
Moment Icelandic Prime Minister storms out of interview when asked about hiding millions in bank bonds through secretive Panama firm – while his country's financial system collapsed
He walks out but not before being pressed further on the claims as he tried to remove his microphone.
04/01/2016
They can offer tax and investment benefits to many retirement savers, depending on their personal financial circumstances.
04/01/2016
Community residents in drilling dispute criticise Cayman Islands accounts
04/01/2016
Mass strongly believes that any tax information of multinationals shared by authorities should not be made available to the public
04/01/2016
The protocol will also enable Switzerland to respond to group requests from France.
03/31/2016
It’s beginning to look as though making public the country-by-country reporting of multinational corporations might be an easy win for those concerned with restoring the credentials of tax systems worldwide.
03/30/2016
The companies set up in BVI in turn could be holding properties and other assets in London, Dubai and other places. Persons who are found guilty and are unable to obtain stay order from the High Court, can be arrested under the law in these cases. More su
03/30/2016
This reduction in turn would spur more developments and likely increase the pool of taxes to Government.
03/30/2016
Since it was revealed on March 15 that Prime Minister Sigmundur Davíð Gunnlaugsson’s wife owns a company registered in Tortola, the British Virgin Islands
03/29/2016
The IRS has already received the first batches of data and many more are on the way.