09/22/2015
Tax Reform Summit: Community buy-in crucial for efficient tax system
We also need the tax system to be fair, and to incentivise desirable outcomes like high-tech innovation and greater workforce participation by women and older Australians.
09/21/2015
Draft AEOI Guidance Released
HMRC have released their draft Automatic Exchange of Financial Account Information Guidance notes.
09/21/2015
Coke told it owes $US3.3 billion in taxes
The IRS wants the US company to pay taxes on some of the money earned from offshore licensees.
09/21/2015
Davis homes in on offshore tax evasion
The proposed legislation will allow foreign tax authorities to access details of their citizens’ accounts held in Switzerland
09/21/2015
St. Kitts and Nevis: Government Shoulders Responsibility in A Globalised World by Signing FATCA
FATCA is designed to achieve American purposes
09/21/2015
Tax Evaders Targeted in United States Using Belize Accounts
The approval to do so has been given on Wednesday by a Miami based federal court.
09/18/2015
FATCA Update - Deloitte
Jersey Tax Bulletin
09/18/2015
These 1,000 companies will need to consider the new rules if they have economic activities in Australia, but book their Australian sales revenue offshore.
09/17/2015
Treaty-based information exchange isn’t very useful in efforts to detect offshore tax evasion.
09/17/2015
U.S. money-management firms including Oaktree Capital Group LLC and BlackRock Inc. have worked with industry veterans to start insurers offshore in the past year.
09/17/2015
Exclusive: company faces renewed questions over its fitness as security contractor at Australian detention centres on Manus Island and Nauru
09/17/2015
The Government of Guernsey has released a statement in relation to the closure of the UK Guernsey Disclosure facility.
09/16/2015
The U.S. law aims to crack down on Americans using foreign bank accounts to evade U.S. taxes all around the world.
09/15/2015
Offshore tax product in spotlight
Accountancy firm KPMG has hit the headlines across the Atlantic amid allegations about an Isle of Man-based offshore tax product aimed at high net worth Canadian residents.
09/15/2015
Jersey Disclosure Facility - Update
The Government of Jersey has released a statement in relation to the closure of the UK Jersey Disclosure facility.
09/14/2015
FACTA: Expect the unexpected (and the worst)
FATCA is a mutual effort to combat tax evasion and it would be mutually beneficial for both the countries.
09/14/2015
The Federal Council has now confirmed that the existing exemptions for CoCos and write-off bonds will be maintained for a limited period.
09/13/2015
‘Coordination, not harmonisation, is the way to go on tax matters,’ Finance Minister tells EU ministers
09/11/2015
A range of commonly held tax-incentivised savings wrappers are not recognised by the US, which has led to many clients coming to Vestra US with tax inefficient portfolios.
09/11/2015
A meeting of sub-committee of the Financial Stability and Development Council today also discussed issues regarding inter-regulatory co-ordination for reporting under FATCA,