Managers of Wealth Offshore

IRS expands use of legal tools against tax evaders

The U.S. Internal Revenue Service is planning to broaden the use of subpoenas of documents in cases where the name of a taxpayer under investigation is not known.

Guernsey Chief Minister Meets EU Commissioner Moscovici

Guernsey's Chief Minister, Jonathan Le Tocq, has met with Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, Taxation and Customs

Estimating the illicit funds in global tax havens

These illustrations show how the economic crisis of 2008 was a catalyst for going after tax havens by developed economies.

Falciani: all banks help evade taxes

“The higher compensation people get for helping justice, the greater the pressure cheaters will have. It’s important to know people can gain a lot more by helping instead of cheating.”

UK Supreme Court to hear HMRC case on bank bonuses

The UK’s highest court is to hear an appeal by HM Revenue & Customs over two offshore schemes designed to avoid paying tax on bankers’ bonuses

FATCA Guidance Notes for Mauritius based Financial Institutions - TMF

The Guidance Note provides practical assistance to Mauritius-based financial institutions, businesses, their advisers, and officials dealing with the application of FATCA.

Bermuda listed among the biggest tax havens

Bermuda is listed as 14th in a survey of the world’s biggest tax havens

The proposed abolition of the non-dom tax regime – don’t panic! by Dominic Lawrance, Charles Russell Speechlys

As discussed in our previous briefing, Labour calls time on the remittance basis, Ed Miliband has announced a policy of abolishing what he called the “non-dom tax regime”, to be implemented in the event of a Labour victory in the coming electi

Cayman Islands registration of local Financial Institutions for FATCA purposes

The Cayman Islands Tax Information Authority announced this week that registrations of local Financial Institutions (FIs) for FATCA purposes concluded between 1 May 2015 and 12 May 2015 will not attract any adverse compliance consequences or enforcement m

Singapore's government says it's not a tax haven, it's a value-adding hub

Singapore is not a tax haven, it's a value-adding hub

Reminder Of Cayman FATCA Notification Deadline - Wlkers

The Department for International Tax Cooperation in the Cayman Islands announced yesterday that Financial Institutions should make every effort to complete their notification through the Automatic Exchange of Information Portal by Thursday, 30 April 2015

Hodge accused of receiving £1.5m in shares from tax haven

The head of parliament's public accounts committee (PAC) has been accused of hypocrisy after it was claimed she received more than £1.5m in shares from the tax haven of Liechtenstein

Lloyds Banking Group close to selling Isle of Man-based investment and tax planning business

To an offshore specialist funded by a private equity backer

FATCA - Impending Deadlines for BVI Financial Institutions

This article provides a reminder of the impending deadlines and action that is required for those BVI entities that are classified as “Foreign Financial Institutions” for the purposes of FATCA.

U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes

The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens

BEPS.tax - new information portal

The website is free to access, does not require registration

Urgent: Cayman Islands registration deadline approaching - Deloitte

FATCA Reporting Bulletin

Madrid Tax Data Reveals Gib is No Haven for Spanish Money

Spanish law requires taxpayers to provide to the Spanish tax authorities information about offshore accounts

Manx and UK tax update

Greg flagged up the possible removal of the UK Tax Return

FATCA Reporting Solutions

Open Day Friday 30 April 2015