Managers of Wealth Offshore

BVI signs non-reciprocal IGA with United States ahead of FATCA implementation date

The BVI Government released a statement (30 June 2014) confirming that it has signed a Model 1B (non-reciprocal) Intergovernmental Agreement (IGA) in relation to the US Foreign Account Tax Compliance Act (FATCA).

BVI Government signs Model 1B IGA in relation to FATCA

The BVI Government has signed a Model 1B (non-reciprocal) Intergovernmental Agreement (IGA) in relation to the US Foreign Account Tax Compliance Act (FATCA), it was announced on 30 June 2014.

Finance Minister: France adamant Bermuda is a tax haven

Bermuda to France: What’s the problem?

Australian Tax Office chases offshore old money

The ATO is targeting families whose predecessors may have shifted money offshore years ago

US offshore tax evaders beware: FATCA starts July 1

The US Treasury has spent much of the past several years pressing the issue on some of the world's most powerful and secret banking centers with threats of punitive action if they do not join in.

ATO raises pressure on offshore tax dodgers

Around 160 individuals have already come forward as part of the amnesty program

U.S. Prosecutions of Foreign Financial Institutions Create Extreme Risk of Disclosure for Offshore Account Holders by Greenberg Traurig

As shown by recent headlines, the pressure is mounting on individuals who have yet to come into compliance with their reporting obligations concerning undisclosed offshore accounts.

The Non-Resident Landlords Scheme

The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.

Paulson’s Puerto Rico Paradise Lures Rich Fleeing Taxes

Struggling to emerge from an almost decade-long economic slump, the Puerto Rican government signed a law in early 2012 that creates a tax haven for U.S. citizens.

Bahamas Endorses VAT In 2014/15 Budget

The Government hopes to keep expenditure stable

Russian lawmakers approve bill allowing compliance with US tax law

The bill now passes from the upper house of parliament to President Vladimir Putin

Israel to sign tax treaty with Panama

It does not apply to tolls, duties or similar payments upon crossing the Panama Canal

Cayman Islands: FATCA And IGAs: What It Means For The Cayman Islands Financial Services Industry

FATCA has served as a catalyst for other developments in the area of transparency and exchange of information

Isle of Jersey Eyes Bitcoin, But Will it be Perverted for Tax Evasion?

Tiny UK island wants to take advantage of increasingly popular cryptocurrency

An Offshore Tax Haven Plans to Become the World's First Bitcoin Island

While many places around the world want nothing to do with Bitcoin, some locales are trying hard to make the cryptocurrency happen, not just in the murky international waters of cyberspace or the confines of a student-fuelled experiment, but as a real loc

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