02/08/2015
Jersey Finance responds to Labour’s proposals on offshore tax evasion
Jersey has captured beneficial ownership information on a corporate registry since 1999 and this information is available to law enforcement agencies.
Tax
02/08/2015
Bermuda Responds to UK Opposition Leader Ed Miliband
It should be noted that Bermuda has in fact had a central registry, of the kind being introduced in the UK, since the 1940s, and has been a leader internationally in this area.
02/08/2015
British offshore centres turn on Labour over tax attack
British offshore financial centres on Sunday criticised the leader of the opposition Labour Party after he threatened to put them on an international blacklist for tax avoidance if he wins a national election in May.
02/05/2015
Tax Office rejects tax deal with Apple
Apple is also resisting pressure to have its tax information published publicly
02/05/2015
Multinationals channel more money through "hubs" in Singapore, Switzerland than ever before, Tax Office says
The data, contained in the Australian Tax Office submission to the federal inquiry into corporate tax avoidance, gives a fresh insight into how commonly multinational groups shuffle money between countries.
02/05/2015
UBS Faces a New Tax-Evasion Probe
Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash
02/05/2015
US corporate tax move doomed to failure
Mr Obama’s intentions are, however, almost certainly doomed to failure
02/05/2015
The risks and rewards of a US tax on offshore cash
Obama’s plan for the treatment of foreign profits is a reasonable one
02/05/2015
Cyprus Citizenship By Investment The Most Attractive Program In Europe
Europe has long established itself as the most sought after region in terms of high net worth immigration, accounting for over half of the total number of global citizenship applications, with the Caribbean in second place, followed by North America in th
02/04/2015
Changes to Guernsey’s Income Tax Law - Deloitte
Welcome to the January 2015 edition of the Guernsey Tax Bulletin, which provides an update on recent local and international tax issues relevant to Guernsey businesses and individuals.
02/04/2015
Jersey FATCA processes now live
Jersey’s financial institutions are now able to register in Jersey in preparation for US FATCA, which commences this year.
02/04/2015
China to Crack Down on Tax Collection From Multinational Companies
China’s tax officials plan to step up efforts to collect taxes from multinational corporation in the latest of a series of moves in the last year, mostly against Western companies.
02/04/2015
Reinsurance, Hedge Fund Tax “Loophole” Rule Set for the Spring
Reworked tax rules on how hedge funds can set up reinsurance shop in in offshore domiciles and continue to receive a favorable tax treatment are expected to be issued in the next 90 days, according to Internal Revenue Service Commissioner John Koskinen.
02/03/2015
Apple and Microsoft could face billion dollar tax bill in US over profits held offshore
Multinational US companies such as Apple, Microsoft and General Electric may be forced to cough up billions of dollars
02/02/2015
HSBC the latest bank to implement FATCA
Many people, including American citizens working in the Gulf state, received recently letters from their UAE-based banks asking them for more details and papers in compliance with American laws introduced by tax service
02/02/2015
Switzerland remains offshore wealth magnet
The world’s wealthy still consider Switzerland the best place to park their riches despite tax evasion scandals ending banking secrecy.
02/02/2015
Russian DeOffshorization The New CFC Rules
This note provides a high-level overview of some of the key changes, and is relevant to anyone connected with the structuring, establishment or maintenance of corporate or private wealth arrangements for Russian clients.
01/30/2015
HSBC Still Aiding Tax Fraud Even After Justice Department Settlement
Justice Department officials have defended deferred prosecution agreements
01/30/2015
Offshore Tax Evasion: The IRS & Swiss Banks
Switzerland is the epicenter of international tax evasion & money laundering.
01/30/2015
Jersey Tax Bulletin - Deloitte
Welcome to the January 2015 edition of the Jersey Tax Bulletin, which provides an update on recent local and international tax issues relevant to Jersey businesses and individuals.