Managers of Wealth Offshore

Is FATCA chasing a leprechaun and his pot of gold?

The critical underlying justification for FATCA as a substantial revenue offset ultimately rested on a single statement and its footnote in that 2008 Report

Offshore Banking Group Brought Down By Long Arm Reach Of The SEC

Ian Huskisson from Travers Thorp Alberga in the Cayman Islands discusses the recent demise of the Caledonian offshore banking group as a result of "incredible government overreach" by the Securities and Exchange Commission.

Tax expert warns Liechtenstein replacement will be tougher

Since its inception in September 2009, more than 6,500 people have registered to participate in the Liechtenstein Disclosure Facility. More than 5,900 disclosures have been received by HM Revenue and Customs, with over £1.6bn raised so far.

AUSTRALIA: Tax laws to target big global companies

Thirty major multi-national companies will be targeted by the Abbott Government under a new assault on tax evading firms that has already brought in an extra $400 million in revenue.

Cayman Islands Implementing OECD Common Reporting Standard by October 2015

The CRS represents a significant step towards the global automatic exchange of information ("AEOI") for tax purposes and there are currently more than 90 countries that have committed to its implementation.

OECD publishes guidance on international standard for automatic exchange of tax information

The new 'Implementation Handbook' is designed to assist countries with their implementation of the CRS.

Switzerland, Belize Sign TIEA

The agreement must now be approved by the Swiss parliament and may be subjected to a referendum before it can enter into force.

Moore Stephens staff listed in Citywealth Future Leaders List

Each professional included on the list has been recommended by their directors, senior peers and clients.

Bahamas Tax Compliance Certificate to Be Introduced

These obligations include filing tax returns and paying the assessed taxes.

Isle of Man Tax Bulletin - Deloitte

Isle of Man removed from Italian blacklist

Supreme Court decision could have implications for UK trusts by Joan Foster

A recent decision from the Supreme Court regarding the UK income tax treatment of a member of a Delaware LLC could have implications for UK trusts with overseas beneficiaries.

New report compares performance, best practices and trends in 56 tax administrations

Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance.

Bahamas set to comply with international FATCA standards

The Bahamas is a well-established, well regulated, fully compliant jurisdiction.

Offshoring In The Current Tax Climate - Deloitte

HMRC have been increasing their focus on offshore and tax structuring arrangements for some time now and there has been a noticeable shift in their approach towards such arrangements.

IT department not to disclose voluntary wealth disclosures

The facility is available under the Black Money Act’s compliance window, which ends on 30 September

Foreign Account Tax Compliance Act

Trustee and fiduciary service providers are subject to FATCA compliance requirements

Tax dodgers must come clean

The South African Institute of Professional Accountants is urging local tax dodgers to come clean in the wake of the HSBC scandal.

Extension to the capital gains tax regime to non-UK residents owning UK residential property

Key point: all qualifying non-residents will have to file a tax return within 30 days of a disposal of a UK residential property

The OECD takes further steps to putting an end to offshore tax evasion

The OECD has released three new reports to help jurisdictions and financial institutions implement the global Standard for automatic exchange of financial account information

Revenues surge as global crackdown on tax evasion gathers pace

The Paris-based OECD said last week that many transgressors were facing “the last window of opportunity” to disclose such information.