12/30/2015
The company was accused of transferring that €880 million ($962 million USD) of profit to its Irish subsidiary to benefit from the country's lower tax rate. Apple Italia did not immediately comment.
12/29/2015
Cash Booked Offshore for Tax Purposes by U.S. Multinationals Doubled between 2008 and 2014
12/23/2015
Leaner, meaner and a darn sight keener – the taxman ups the fight against evasion in 2016 by Mike Down
HMRC has recently been criticised for being too soft on criminal tax investigations. But hold on to your hats because a leaner, meaner taxman is getting ready to take on the serious evaders in 2016…
12/23/2015
States of Jersey Common Reporting Standard - Deloitte
Draft Guidance Notes Released
12/22/2015
Bar Refaeli’s lawyers and Tax Authority representatives appeared at the Tel Aviv Magistrates Court today for a hearing on her release under restricting conditions.
12/22/2015
The CBDT spokesperson further revealed that AEOI will help create an environment of transparency between 75 countries that have signed the MCAA
12/22/2015
It has also compiled a list of 100 advisers and promoters operating globally that have a direct link with people who may have evaded taxes.
12/22/2015
The Common Reporting Standard (CRS) will impact Cayman Islands domiciled investment funds with effect from 1 January 2016. The CRS framework represents a globally coordinated approach to the disclosure of income earned by individuals and organizations in
12/21/2015
Cayman National subsidiaries in US tax evasion probe
The Cayman Reporter reached out to Cayman National Bank President Osmond Williams, who passed all queries to Cayman National CEO and President Stuart J Dack.
12/18/2015
Ireland hoping to win business from tax havens but at risk of losing some tax too
12/18/2015
The new regime will apply from 1 July 2016, although in certain circumstances a trustee of a managed investment trust can choose to apply the rules prior to this date.
12/18/2015
HSBC has acknowledged that its Swiss arm was guilty of advising customers on evading tax.
12/17/2015
Swiss banks fined for helping U.S. citizens evade taxes
Crédit Agricole, Dreyfus Sons, Baumann avoid criminal charges after hiding assets from IRS
12/17/2015
The recent Senate inquiry into corporate tax avoidance revealed that a number of companies (such as Google, Apple, Microsoft, BHP Billiton and Rio Tinto) were under ATO audit for using hubs.
12/17/2015
The first reporting cycle for the US Foreign Account Tax Compliance Act was a learning curve for all participants throughout 2015.
12/17/2015
The G20 Leaders have repeatedly stressed their commitment to automatic exchange of information, most recently at their November meeting in Antalya, Turkey.
12/17/2015
Dreyfus avoided US prosecution by agreeing to pay $24.2m and admitting it "did not implement strict enough controls" to ensure that its American clients paid their taxes
12/16/2015
Soon, getting black money info from Swiss banks may be easy
Swiss Federal Council has initiated consultation proceedings on the revision of the Tax Administrative Assistance Act
12/16/2015
Monaco confirms its commitment to implement Automatic Exchange of Financial Account Information
Many jurisdictions are now updating domestic legislation to ensure that financial institutions report information on financial assets held by non-residents. Financial information will be collected from 1 January 2016 in around 50 jurisdictions, for autom
12/16/2015
Policing the tax frontier – family businesses in the firing line?
HMRC have got a predicament on their hands when it comes to policing the boundary between low corporation tax rates, capital gains tax for individuals, and income tax. This continuing trend away from taxing companies and instead taxing individuals means c