Managers of Wealth Offshore

Tax office asks Swiss banks about Dutch savers

A tax office spokesman told Nos that two other banks are being approached but did not give further details.

U.S. Tax Laws Could Snag “Accidental Americans”

Accidental Americans can include individuals like this future daughter-in-law who never thought of herself as American, as well as Green Card holders who let this authorization to live and work in the U.S. lapse.

Leading offshore law firm Hosts Another Successful Global Tax Enforcement Conference

The conference was aimed at senior management of Isle of Man’s financial services businesses and yet again was fully subscribed.

Hungary Joins Call For Greater EU Cooperation On Tax Avoidance

Tax revenues in Hungary last year increased by HUF650bn (USD2.3bn) compared with the year before, he said.

Leaving Australia for work? Beware of your tax residency status

Thousands of Australians head offshore each year to expand their horizons and a lucky few will fund their adventure by working overseas.

Common Rules (Not Rates) Should Be The Answer To Tax Competition In The EU

The creativity of rich individuals and their tax advisors to hide private wealth in tax havens such as Switzerland or the Isle of Man knows hardly any bounds

Invitation: AEOI Webinar

With the Common Reporting Standard ("CRS") being implemented on 1 January 2016, Deloitte are pleased to host a Crown Dependency specific webinar to discuss the key requirements and the steps that FIs need to take in order to prepare for its intr

The Common Reporting Standard: Automatic Information Exchange Goes Global

Traditionally, information about an individual or business has been sent from one tax authority to another on request

And the winner of the 2015 Rugby World Cup is …HMRC

If you consider the VAT on ticket sales and receipts from hospitality and travel, HMRC does very well out of sporting events such as the Rugby World Cup. But if the Chancellor really wants to help deliver similar events in the future and even increase muc

IRS Targets Secret Offshore Bank Accounts

US taxpayers with secret bank accounts in Belize are about to feel the full force of the Internal Revenue Service.

UK plugs contractor tax loophole

Those high income individuals using offshore trusts will have to pay up by month end

Challenges facing companies in the face of intense scrutiny

Dozens of island companies are facing challenges from unprecedented scrutiny by global tax authorities, a leading legal expert has told Business News.

Swiss Banks Outline Stance On AEOI

In a recent speech, Odier noted that Switzerland has taken the necessary domestic legislative measures

IOM: Chief Minister rejects Washington DC’s tax haven slur

Washington DC released the list of 39 ‘tax havens’ as part of its Budget Support Act, which was signed by the Mayor in August.

St. Kitts and Nevis: Amory dismisses concerns about FACTA's impact on the offshore financial sector

Financial institutions in the federation will under FATCA, be expected to fulfill a requirement to report on US persons income to facilitate US collection of taxes.

Isle of Man signs Tax Information Exchange Agreement with the Cayman Islands

The Isle of Man has continued its programme of developing closer economic and taxation co-operation with other countries by concluding a Tax Information Exchange Agreement with the Cayman Islands.

Tax Reform Summit: Community buy-in crucial for efficient tax system

We also need the tax system to be fair, and to incentivise desirable outcomes like high-tech innovation and greater workforce participation by women and older Australians.

Draft AEOI Guidance Released

HMRC have released their draft Automatic Exchange of Financial Account Information Guidance notes.

Coke told it owes $US3.3 billion in taxes

The IRS wants the US company to pay taxes on some of the money earned from offshore licensees.

Davis homes in on offshore tax evasion

The proposed legislation will allow foreign tax authorities to access details of their citizens’ accounts held in Switzerland