03/01/2016
Maltese individuals resident and domiciled for tax purposes, that is people whose permanent residence is in Malta, are required to pay tax in Malta on their worldwide income
02/29/2016
The Special Voluntary Disclosure Programme is a joint initiative of the South African Revenue Service and the South African Reserve Bank.
02/29/2016
As the election draws closer, both parties are trying to outdo each other on plans to curb multinational tax avoidance.
02/26/2016
Caribbean countries, particularly Antigua and Barbuda and Barbados, were in the forefront of the resistance to the stance of the majority of the OECD countries, which had no basis in international law and could only be implemented by bullying. Fortunately
02/25/2016
Even though close to a thousand TIEAs have been signed by various countries, only a small number involve India.
02/25/2016
Under the agreement, profits from the operation of aircraft in international traffic will be taxed in one country alone.
02/25/2016
The move follows criticism from some governments and campaign groups that plans drawn up over the past three years to tackle tax avoidance did not go far enough to help poorer countries collect corporate tax.
02/24/2016
This new forum will provide for all interested countries and jurisdictions to participate as BEPS Associates in an extension of the OECD’s Committee on Fiscal Affairs.
02/24/2016
It is difficult for the Treasury to estimate the tax revenue to be derived from the initiative but officials estimate it conservatively at between R2bn and R4bn.
02/23/2016
The agreement provides that Monaco and EU Member States will automatically exchange information on the financial accounts of one another's residents from 2018.
02/22/2016
Bermuda’s international business chiefs ready to swallow tax increases
Business chiefs said they “gave the Government credit” for cutting expenses and noted that the Caribbean Technical Assistance Centre, called in to review island taxes
02/19/2016
FATCA requires information about US persons and their foreign accounts to be reported directly or indirectly to the IRS.
02/19/2016
Swiss Private bank said to be probed in Italy for money laundering
Clients were sold insurance policies issued by Lichtenstein and Bermuda subsidiaries of the bank, the people said.
02/18/2016
Labour Party puts pressure on Zac Goldsmith to explain tax position
02/18/2016
The money will be held outside of the US and will be used to pay dividends and buy back shares from foreign investors.
02/17/2016
There are also newly implemented tax benefits and incentives to live there.
02/17/2016
The establishment of an offshore discretionary trust (“the Trust”) by a South African tax resident person (“Settlor”) gives rise to various South African tax considerations.
02/17/2016
authored by specialists in PwC’s global international tax network.
02/17/2016
Isle of Man Budget 2016/17
02/16/2016
Under new trade deals being negotiated by the Government, US corporations would be able to challenge British tax laws in secret tribunals