06/23/2015
From the Cayman Islands to Jersey, tax havens are busier than ever – a secretive world of offshore accounts and shell companies. Nothing to do with you? Then you win my Hermit of the Year prize
06/23/2015
Tax havens are used for more than just saving money. When companies take advantage of their lack of transparency for more sinister activities, shareholders can lose out.
06/23/2015
Bracken Rothwell is redefining its services using the latest social media storytelling trends.
06/23/2015
This higher penalty was created as part of the June 2014 OVDP reforms
06/22/2015
America’s policy of recovering undisclosed taxes has been slammed as “skewed” by the boss of one of the world’s largest independent financial advisory organizations
06/22/2015
The Swiss voters have decided to reject the initiative to introduce a federal inheritance tax by a vast majority of 71.7 per cent
06/22/2015
'Without prejudice to countries' sovereign positions, we are happy to confirm that these jurisdictions are cooperative and we would like to commend the tremendous progress made over the past years as well as the cooperation and integrity of the
06/22/2015
The G20's efforts to crack down on multinational tax avoidance are likely to be defeated by national self-interest, particularly from the United States, one of Australasia's top tax advisers says.
06/22/2015
Negotiations on India-Mauritius DTAA are to happen on June 29. Vishnu Lutchmeenaraidoo, the Finance Minister of Mauritius said they will submit a new protocol for that, which will have issues related to capital gains with respect to DTAA.
06/20/2015
FATCA was enacted by the U.S. Congress in 2010 to target non-compliance by U.S. taxpayers using foreign accounts.
06/19/2015
As outlined in our prior updates, the FATCA Return is submitted through the TIA's Automatic Exchange of Information Portal and needs to be submitted on or before 26 June 2015.
06/19/2015
A Malta-based shell company was used by a Spanish embezzler arrested last week after five years on the run to help siphon off millions of public funds through a publicly-owned wastewater treatment company which operated in and around the city of Valencia.
06/19/2015
Banks in tax havens such as Switzerland and Mauritius are seeking to put in place rigorous checks to ensure that they keep out Indians looking to open black money accounts
06/19/2015
The U.S. Model Income Tax Treaty generally represents the United States’ opening position in treaty negotiations
06/19/2015
This comes as the Narendra Modi government implements a tough regime to root out unaccounted wealth.
06/19/2015
The Chief Executive Officer of the States of Guernsey, Paul Whitfield, has expressed his surprise that Guernsey has been included on the blacklist and has explained that the error is most likely due to "a lack of understanding about Guernsey's c
06/19/2015
It is not clear what standards have been used by these 11 countries to come to such a conclusion, in particular when the Cayman Islands has exchange of information mechanisms in place with all but one of these countries.
06/18/2015
Government appeared to brush off the latest blacklisting of the Cayman Islands when it released a short statement on Wednesday at around 5pm following revelations by the EU that the jurisdiction had been cited as facilitating tax evasion.
06/18/2015
The list, which includes 30 non-EU non-cooperative third countries, features jurisdictions that appear on 10 or more national 'black lists'.
06/18/2015
Guernsey’s Chief Minister and Commerce & Employment Minister have expressed their astonishment further to an announcement of the European Commission yesterday that Guernsey has been included on a list of 30 so-called non-co-operative jurisdictio