07/02/2015
The next step for all Irish entities which are classified as Financial Institutions for FATCA purposes is to submit a return to Irish Revenue setting out details of any US reportable accounts they may have maintained during the 2014 calendar year, or to
07/02/2015
HM Revenue & Customs has dropped thousands of QROPS schemes from its recognised overseas pension schemes (ROPS) list, with Australian schemes fairing the worst.
07/01/2015
A taskforce was launched by HM Revenue and Customs yesterday targeting wealthy tax dodgers living beyond their means in Northern Ireland
07/01/2015
The Best’s Briefing, titled, “A.M. Best Comments on Proposed U.S. Tax Changes of Offshore (Re)Insurers, states that companies would likely seek operating alternatives to ensure capital efficiency if the tax benefits for offshore companies are
07/01/2015
The Foreign Account Tax Compliance Act (FATCA) does not get most expatriate Americans’ vote, according to a new survey of Americans living abroad conducted by deVere Group, a financial consulting firm.
06/30/2015
The U.S. Department of Justice Tax Division and the Internal Revenue Service have been ramping up an intense crackdown on offshore tax evasion
06/30/2015
The Baltic republic of Latvia has pulled Bermuda off its blacklist of uncooperative tax jurisdictions supplied to the European Commission
06/26/2015
The Isle of Man ratified the agreement at the November 2013 sitting of Tynwald
06/26/2015
Greek Finance Minister Yanis Varoufakis has taken a swipe at Switzerland for providing only limited information about wealthy tax evaders from cash-strapped Greece who are believed to have stashed billions of euros in Swiss banks.
06/26/2015
"Tax avoidance practices therefore are responsible for a significant leakage of development finance and resources," UNCTAD Secretary-General Mukhisa Kituyi told a news conference.
06/26/2015
Senate Finance Committee ranking member Ron Wyden, D-Ore., has introduced legislation aimed at preventing offshore tax avoidance by some U.S. hedge fund “reinsurers.”
06/26/2015
The Government of Jersey has signed a Double Tax Agreement with the Republic of Rwanda.
06/26/2015
The current transparency agenda and the harmful tax practices initiative date all the way back to 1998, the year the OECD published its seminal paper ‘Harmful Tax Competition’ an Emerging Global Issue
06/25/2015
While the term “tax haven” has taken on pejorative qualities in modern times, the actual truth about these essential locales is very bullish
06/25/2015
STEP reports a particularly high number of international entries for this year’s awards, with the judges shortlisting only the most outstanding in each category.
06/24/2015
Mauritius denied itself as a tax haven when the Finance Minister of the island visited the Organization for Economic Co-operation and Development (OECD) in Paris Tuesday.
06/24/2015
The OECD has criticized the recent blacklisting of the Cayman Islands and other offshore financial centers that are part of OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes
06/24/2015
The Irish Revenue Commissioners have announced an extension to the FATCA reporting deadline for local Financial Institutions (FIs).
06/24/2015
The new treaty does not change the maximum rate of withholding tax on dividends of 5%
06/24/2015
It is the seventh member of the African Tax Administration Forum to join the Convention and becomes the 87th jurisdiction participating to this truly global instrument to fight international tax avoidance and evasion.