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
06/18/2015
THE new double-tax treaty between SA and Mauritius is set to come into force in January next year, following a controversial renegotiation to better protect the South African tax base.
06/18/2015
This Protocol paves the way for growth and enhanced business opportunities between both countries
06/18/2015
The list consolidates national tax 'blacklists' as they stood six months ago, and includes any jurisdiction on 10 or more Member States' lists.
06/17/2015
Moore Stephens, Chartered Accountants in the Island, has once again been listed in the prestigious wealth management network Citywealth Leaders List.
06/17/2015
The European Union published its first list of international tax havens on Wednesday as part of a crackdown on multinational companies trying to avoid paying tax in the 28-nation bloc.
06/16/2015
On 11th June 2015, the Jersey Tax Office released an updated version of the Jersey FATCA Guidance Notes
06/15/2015
The news was delivered following a formal inquiry to the Swiss Federal Tax Administration (FTA) by three members of Bitcoin Association Switzerland, submitted in Feb 2014. FTA’s answer clarified that bitcoin is not seen as a good or service, and is
06/15/2015
Those engaged in wholly or largely VAT exempt activities suffer irrecoverable VAT on the costs of bought in services such as advertising. Individual businesses or sectors may therefore need to consider the most VAT efficient structure to use.
06/12/2015
The first piece carries a 4 per cent interest rate and three-year principal maturity
06/12/2015
What is a hedge fund investor to do?
06/11/2015
THE Vatican has agreed to share tax information with the United States in its latest move to improve the reputation of its scandal-marred bank and crack down on tax cheats.
06/11/2015
IRS reminds taxpayers of important June deadlines for FATCA and FBAR filings
06/09/2015
​Putin signs law on offshore assets amnesty
“turn the offshore page of the economy and start living from scratch not thinking that either racketeers or law enforcement will come after you.”
06/09/2015
Hedge Funds Face $5 Billion Tax as Iceland Unveils New Law
Iceland presented legislation that will let it tax bank creditors trying to exit the $15 billion economy as the government unveils an historic bill to end capital controls.
06/09/2015
OSC seeks to beef up whistleblower program with cash rewards up to $1.5M
The Canada Revenue Agency began an offshore tax informant program in January 2014, offering up to 15 per cent of funds recovered in cases that see the CRA recoup more than $100,000.
06/08/2015
Recent Tax Treaty Developments In Cyprus by Philippos Aristotelous, Andreas Neocleous & Co
The proposed provisions are similar to existing provisions relating to information exchange except in one important regard.