Managers of Wealth Offshore

Big changes to India-Mauritius DTAA?

Mauritius’ former finance minister claims that his country has given up the right to tax capital gains.

Australia Warns MNCs Against Using Offshore Marketing Hubs To Reduce Tax Burden

This follows allegations that offshore subsidiaries are being used by MNCs to shift out profits for reducing their tax bills.

India, US sign FATCA to fight offshore tax evasion

Under the agreement, banks, mutual funds, insurance, pension and stock-broking firms will report their American client details to the tax department for sharing with the USA, said a finance ministry official, who declined to be named.

BPM Grows Alternative Investment Practice with Cayman Islands Office

Finnegan and his team help clients manage the full range of issues that affect global businesses and investors

House of Lords to grill ex-HSBC chairman in tax evasion row

Global bank’s Swiss operation helped wealthy customers evade tax during Stephen Green’s tenure

Swiss banks agree US tax evasion deal with Justice Department

Two more Swiss banks have agreed deals with the US Justice Department over tax evasion by Americans.

Guernsey Tax Bulletin - Deloitte

Summer Budget 2015

OECD backs Guernsey as cooperative jurisdiction

Following Guernsey being placed on an EU tax 'black list' as a non-cooperative' jurisdiction, the OECD has come out in support of the island.

South Africa: Revenue Service On Voluntary Disclosure Programme for Locals With Accounts in Foreign Tax Jurisdictions

This matching confirms that some accoun-tholders may have used their accounts to evade South African tax liabilities.

Summer Budget 2015: what non-doms need to know

For non-UK domiciled clients, there are two key sets of changes.

Canada Life comments on the Summer Budget’s impact on wealth management

This is a Budget explicitly aimed at middle Britain but a big beneficiary will be the wealth management industry.

It’s the morning after the night before. The rabbits are out of the hat.

n a Budget which will add dramatically to the length of the UK tax code, the Chancellor of the Exchequer yesterday proposed tax increases of £47bn while reducing welfare payments, increasing the minimum wage and reducing the corporation tax rate.

George Osborne family business' £6m offshore deal

Chancellor George Osborne's family business made £6m in a property deal with a developer based in a tax haven, Paul McNamara and Guy Basnett investigate.

ATO warns multinationals over use of Singapore, Swiss and other offshore hubs

The Australian Taxation Office has warned companies it will be focusing on money attributed to offshore marketing hubs and will use its stronger transfer pricing powers to go after them.

RBC Wealth Management - 2015 UK Budget commentary: Radical Budget

Let’s be in no doubt, this was a radical Budget.

Cayman joins new tax information exchange programme

The Cayman Islands will be among the first wave of jurisdictions to put in place new standards for international tax cooperation.

PAC set to inquire into ‘Project Eagle’ Nama sale

TD’s claims of €10m intended for figures linked with Nama sale to be investigated

Athens eyeing deal to tax assets hidden in Swiss banks: report

The government made up of the left-wing Syriza party, whose survival likely depends on the referendum outcome, has promised to tackle tax evasion which hurts Greece's already devastated economy.

Corrupt public official without Swiss bank account turned into laughing stock

The country is still reeling in shock after it was reported that a former city hall official who is suspected of corruption stashed the proceeds of his alleged crooked dealings in local banks and the local property market.

MNCs park profit in Singapore, Hong Kong

Profit shifting is a perfectly legal way of moving the earnings of an MNC to a low-tax destination to avoid the clutches of a high-tax regime.