Managers of Wealth Offshore

South Africa: Clampdown on tax avoidance

By closing the tax gap, South Africa can reap billions of rands to benefit the economy.

Cayman Islands: FATCA: Cost-Overruns Come With The Territory

Making matters more complicated, the US agreed to sign intergovernmental agreements (IGAs) with several dozen other countries

Switzerland takes important step to boost international cooperation against tax evasion

The Swiss decision is subject to Parliamentary approval, as well as the possibility that voters may be asked to approve the necessary laws and agreements.

Trinidad & Tabago to be FATCA compliant soon

FACTA is a US law designed to prevent tax evasion by US citizens using offshore banking facilities.

Swiss banks asked to hand over more data in U.S. tax case

The U.S. Department of Justice has requested more information from around 40 Swiss banks taking part in a program to make amends for possibly aiding tax evasion by wealthy Americans

Bahamas Refines Guidance For New VAT Regime

The new regime will be introduced from January 1, 2015.

Barbados, U.S. sign tax accord

The government of Barbados signed an agreement under the U.S. Foreign Account Tax Compliance Act, known as FATCA, to combat tax evasion by foreign residents in the island.

Cyprus May No Longer Be A Tax Haven For Funds Or May It?

available to investors from the European tax haven under the bilateral tax treaty between the two countries.

In Uncle Sam’s footsteps by Withers

Jurisdictions worldwide may not yet have come up with their 'Esperanto' when it comes to exchanging information about taxpayers, but they are certainly less disconnected than they used to be.

Black money trail goes much beyond Swiss Alps to many island nations

As India expands its probe into suspected black money stashed abroad, the trail appears to have gone much beyond the Alpine mountain ranges of Switzerland to various island nations and global financial centres like Dubai, Singapore, Luxembourg and Cyprus.

ITAT ruling gives a boost to black money fight

In the first ever ruling relating to taxation of black money stashed in overseas tax havens, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has given the taxman a lot to cheer.

ATO tightens the net on offshore tax evaders

The Australian Tax Office will soon end an initiative, which temporarily softened penalties for those who haven't declared offshore income, as part of a global crackdown on international tax evasion.

EU’s Juncker speaks about Luxembourg tax avoidance

The new European Commission President took political responsibility yesterday for Luxembourg’s role in helping global companies to avoid taxes, and Germany urged swift action to fight tax evasion in Europe.

Gold may be the new Swiss bank: $1 mn of black money = 25 kg of gold

The government is said to be mulling curbs on imports of gold after witnessing two consecutive months of surge in September and October.

India signs tax info exchange pact with Saint Kitts & Nevis

The agreement was signed by India’s Permanent Representative to the UN Asoke Kumar Mukerji, and his counterpart from Saint Kitts and Nevis Ambassador Delano Frank Bart at the Indian mission here.

Developing countries to play greater role in OECD/G20 efforts to curb corporate tax avoidance

The BEPS Project aims to create a coherent set of international tax rules to end the erosion of national tax bases and the artificial shifting of profits to jurisdictions solely to avoid paying tax.

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

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