Managers of Wealth Offshore

Leading realtor warns against additional real estate tax

Urges incentives to boost jobs, ownership, 3rd pillar of economy

'India Has Shared Protocol to Tackle Black Money Abroad'

The Black Money Act, for the first time, allows levy of tax in India on assets kept abroad.

US authorities investigating Singapore asset manager in offshore tax evasion crackdown, says WSJ

In its online report on Sunday, the Journal said the investigation marks an expansion east of the US crackdown on undeclared offshore accounts that began in Switzerland in 2009.

Liechtenstein Disclosure update - July 2015

No liability for any period before 6 April 1999

New UK offshore tax laws must prove criminal intent - CIOT

The UK government’s plans for a new law to make offshore tax evasion a criminal offence must include a requirement that prosecutors prove criminal intent, according to the Chartered Institute of Taxation.

All Experiencing FATCA and CRS problems?

Developed by Webtech Limited in conjunction with leading corporate service provider SMP Partners, the solution is uniquely designed by users for users.

Criminal charges loom over facilitating tax evasion

People who evade tax, facilitate or turn a blind eye to tax evasion will now face powerful criminal and civil sanctions under our tough new regime,” he said.

Strict liability offence for offshore tax evasion will apply to all jurisdictions

Under the current law a taxpayer can only be guilty of a criminal offence if HMRC can prove that the failure was deliberate.

Malta Further Extends FATCA Reporting Deadline

The deadline for FIs to submit FATCA data to the IRD has been moved forward to July 31, 2015.

Ukraine, Cyprus agree to revise taxation agreement

Ukraine and Cyprus have agreed to review bilateral agreements on taxation to prevent the withdrawal of capital to offshore zones, Finance Minister Natalie Jaresko wrote on Facebook.

Switzerland stands to gain from UK tax changes

Mr Codrington was convinced that there would be an increase in individuals that would reconsider their options once the new regime came into force in April 2017.

DeMontford Bell Expands Malta Operations

Other areas where we have seen strong growth include Gibraltar and the Isle of Man

GAAR provision to make way into India-Mauritius treaty

Prime Minister Narendra Modi had in March assured Mauritius that while working to prevent treaty abuse, India would not do anything that would harm the island nation’s financial sector.

Exclusive: Guernsey chief minister defends island’s tax credibility

Guernsey chief minister Jonathan Le Tocq has defended the island’s position as an “international leader” in tax cooperation after it was placed on the European Commission’s tax haven blacklist last month.

HMRC moves to crack down on offshore tax evasion

HM Revenue & Customs is consulting on a raft of new measures to clamp down on offshore tax evasion.

Congress Wants to Reward Corporate Tax Dodgers with Lower Taxes

But instead of taking steps to halt this brazen tax dodging, lawmakers have floated various misguided “reform” proposals that would actually reward these companies’ bad behavior.

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