11/13/2014
U.S. Tax Update - Practical Aspects For Investment Funds - Deloitte
We are hosting a breakfast briefing on Friday 21 November covering key US tax topics and developments of which investment managers and other corporate service providers should be aware, including the US political environment and other changes to which the
11/12/2014
Danes reveal plans for global crackdown on money laundering, corruption, and tax evasion
The Danish government has announced that it will create a public registry of beneficial ownership information for all Danish companies as part of the widening global crackdown on money laundering, corruption, and tax evasion.
11/12/2014
New Russian tax law to clamp down on offshore tax schemes by Andrew Evans, Field Fisher Waterhouse
Russia is aiming to clamp down on the use of foreign offshore tax shelters in a new tax policy as part of President Putin's "deoffshorisation" campaign which was launched in 2012.
11/12/2014
Absence of criminal legal treaties between India and tax haven nations have been cited by probe agencies working in the SIT on black money as one of the major impediments in initiating steps to bring back illegal funds stashed abroad by Indians.
11/11/2014
Offshore fraud cost likely to mount for Wyly
Mr Wyly, 80, who last appeared on Forbes’ list of the 400 richest Americans in 2010 with a net worth of $1bn, is responsible for about two-thirds of damages and has filed for bankruptcy, saying he cannot afford the SEC’s claim as well as poten
11/11/2014
PwC statement in response to media reports on tax advice in Luxembourg
The recent reports in the media on tax advice in Luxembourg co-ordinated by the International Consortium of Investigative Journalists (ICIJ) are based on partial, incomplete information dating back four years or more, which was illegally obtained.
11/11/2014
Crowe Clark Whitehill acquires businesses of the late Philip Thomas
Mr Thomas was a well-known figure among the Island’s business community and, with a view to his impending retirement, had concluded negotiations with Crowe Clark Whitehill but then sadly became very ill.
11/10/2014
Impact of FATCA on Cayman Islands Entities
This publication provides a brief overview of the expected impact on entities incorporated in the Cayman Islands
11/10/2014
PE Panorama: Name and shame time
The Luxembourg officials and advisers quoted insist that such deals are fully legal
11/09/2014
Tax probe judge had account with offshore scandal bank - claim
Ex-ministers among figures named in Ansbacher dossier
11/07/2014
Singapore will implement a global agreement on swapping tax information
Singapore will implement a global agreement on swapping tax information, aimed at ending offshore tax evasion, by 2018, provided certain conditions are met
11/07/2014
Deloitte Guernsey Tax Bulletin: Common Reporting Standard
The Global Forum on Transparency and Exchange of Information for Tax Purposes, where the Multilateral Competent Authority Agreement (‘MCAA’) was signed, was attended by 39 ministers, constituting the largest gathering of ministers to take join
11/07/2014
Swiss authorities agree to hand over non-HSBC details
Over the past few years, the Indian government has been dispatching a number of requests to the Swiss authorities arising from either search operations done by the Income Tax department or information received on holdings of Indians in Switzerland from th
11/07/2014
A new report about Luxembourg again underscores the magnet working of low tax bases for corporate money streams
It Is Time To Tackle Corporate Tax Tarts
11/07/2014
Luxembourg, the country where accountants outnumber police 4:1
Grand Duchy advertises itself as ‘business-friendly’ haven amid leak showing it helped multinationals save millions in tax
11/07/2014
The Australian Taxation Office (ATO) has once again reminded investors to voluntarily disclose offshore assets or income under Project DO IT before the December 19 deadline.
11/07/2014
UK FATCA Compliance for Investment Funds by Schulte Roth & Zabel
The United Kingdom has signed intergovernmental agreements (‘IGAs’) with its Crown Dependencies and Overseas Territories in order to improve compliance with UK tax laws, a regime often referred to as ‘UK FATCA’.
11/06/2014
The EIB countered that the country did not feature on the OECD black list of secretive jurisdictions when it closed the contract on the project in 2012
11/06/2014
From 1970 to 2011, US$2 trillion from Latin America and the Caribbean have been funneled to offshore tax havens. It’s money that moves behind the scenes, in illicit financial flows (IFF).
11/05/2014
Switzerland's First Tax Info Exchange Pacts To Take Effect
Switzerland's tax information exchange agreements (TIEAs) with Jersey, Guernsey, and the Isle of Man have entered into force and will be effective from January 1, 2015.