04/06/2015
Switzerland has been making efforts to strengthen its bilateral cooperation with India and some other countries on tax matters, as many Swiss banks are finding themselves in regulatory crosshairs in multiple jurisdictions.
04/02/2015
The government of the British Virgin Islands (BVI) said it has no plans to establish a central register of true company owners
04/01/2015
Welcome to the April 2015 edition of the Isle of Man Tax Bulletin, which provides an update on recent local and international tax issues relevant to Isle of Man businesses and individuals.
04/01/2015
Welcome to the April 2015 edition of the Guernsey Tax Bulletin, which provides an update on recent local and international tax issues relevant to Guernsey businesses and individuals.
03/31/2015
Luxembourg has been warned that it has to diversify its economy and reduce the reliance of its financial sector on providing financial functions for multinational companies if it is to survive any campaign on international tax avoidance.
03/31/2015
Russia Legislates For Offshore Amnesty
Russia's Parliament, the Duma, has approved a draft law to allow taxpayers to regularize previously undeclared assets held offshore
03/30/2015
Offshore Centers Told To Make Central Register
UK government instructed the British Virgin Islands and the Cayman Islands to set out a timetable for the implementation of a central register of companies
03/29/2015
Britain's government has told two of its offshore financial tax havens to set out timetables for implementing a central register of companies revealing corporate ownership
03/29/2015
Within moments of the circulation of Appleby’s eAlert entitled, “Cayman AEOI Portal Almost Open,” the Cayman Islands Tax Information Authority followed through: the Portal is now indeed open.
03/26/2015
Greece and Switzerland were to hold a new round of talks Thursday on a deal designed to help the cash-strapped Mediterranean country recover billions of euros in unpaid taxes.
03/25/2015
The update reflects a number of developments since issue of the first version.
03/25/2015
Michael Betley, group chairman of Trust Corporation International looks at how Guernsey has coped in an increasingly transparent and regulated world and how it can adapt to further change in the future.
03/24/2015
Hodge calls for change to ‘non-dom’ rules
The meeting, which took evidence from Dave Hartnett, HMRC’s former permanent secretary for tax and Edward Troup, HMRC’s tax assurance commissioner, shed little additional light on the tax evasion scandal involving HSBC Suisse.
03/24/2015
Cayman Islands: FATCA Reporting And International Tax Compliance: Next Steps
The following alert has been updated to reflect the Mar 19, 2015 announcement of the opening of the Cayman AEOI Portal and the removal of the mandatory requirement for a NIL return to be submitted.
03/24/2015
Mauritius has promised full cooperation with India to address outstanding issues relating to their bilateral tax treaty
03/24/2015
The Cayman Islands Department for International Tax Cooperation has launched its Automatic Exchange of Information portal and released an accompanying user guide.
03/23/2015
Virgin Care among firms with lucrative NHS deals and a tax haven status
Tax Research UK, has found 13 holding companies, some of them offshore, between Virgin Care and its ultimate parent company, based in the British Virgin Islands.
03/23/2015
Danny Alexander, chief secretary to the Treasury, said: “If people help a burglar, they are accomplices too. Now it will be the same for those that help tax evaders”.
03/20/2015
Switzerland, EU tag team tax evasion
Bern and Brussels have clinched a deal to exhange bank account data in an effort to tackle tax fraud.
03/20/2015
HSBC declines to comment on Manx accounts
International bank HSBC has declined to comment on whether they are cracking down on Isle of Man accounts held by UK residents