10/29/2014
Gilbratar Joins Landmark Tax Transparency Drive
Gibraltar will today sign an international agreement with at least 45 other countries to swap tax information automatically with each other from 2017.
Tax
10/29/2014
Bank-Data Sharing Accord Expands Push to Find Tax Cheats
The accord to be signed by finance ministers in Berlin today signals global determination by governments to capture tax revenue after the U.S. pursued banks such as Credit Suisse for helping Americans cheat on their taxes and German authorities bought CDs
10/29/2014
Bank-Data Sharing Accord Expands Push to Find Tax Cheats
The accord to be signed by finance ministers in Berlin today signals global determination by governments to capture tax revenue after the U.S. pursued banks such as Credit Suisse for helping Americans cheat on their taxes and German authorities bought CDs
10/29/2014
Narendra Modi Government Submits 'Black Money' List With Over 600 Names To Top Indian Court
Several activists have alleged that the income derived from India’s flourishing black money economy is used to fund election campaigns of a number of politicians.
10/28/2014
Caribbean Tax Reform Discussed At IMF Forum
Participants of a recent International Monetary Fund (IMF) forum discussed how to make the Caribbean's tax regime more investment friendly.
10/27/2014
Heads of Tax Administration agree global actions
The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project and the move to automatic exchange of financial account information took centre stage when Heads of Tax Administration met on 23-24 October in Dublin, Ireland.
10/27/2014
Jersey 2015 Budget Stamp Duty Changes
The States of Jersey recently approved the 2015 Budget which contains some important changes in relation to stamp duty and Land Transaction Tax.
10/26/2014
U.S. Tax Update – Practical Aspects for Guernsey Service Providers
We are hosting a breakfast briefing on Thursday 20 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 t
10/26/2014
U.S. Tax Update - Practical Aspects For Investment Funds
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
10/24/2014
Swiss Banks Ask U.S. to Amend Proposed Tax Amnesty Deals
Swiss banks seeking to avoid U.S. prosecution by disclosing how they helped Americans evade taxes asked the Justice Department this week to back off a dozen demands, including that they cooperate with other nations.
10/24/2014
Key witness, Liechti, testifies in UBS tax evasion trial in Florida
The group has said that several offenders have since been arrested after the information was passed onto police, including in Australia, Poland and the United States.
10/23/2014
First 'deoffshorization' bill reaches Russian parliament
Requirements set in the bill could be toughened when it reaches the second reading, the lawmaker said.
10/23/2014
FATCA: practical compliance for non-US private trust companies and their trusts
Compliance for a foreign trust with a foreign professional trust company as trustee is relatively straightforward.
10/23/2014
Australians confess to stashing $1b in assets offshore
The Tax Office is keeping a close eye on foreign banks as part of its push to stop money being sent offshore by wealthy individuals.
10/22/2014
Luxembourg Tax Deals Under Pressure
Confidential tax arrangements for multinational companies like Amazon and Fiat save taxes but now are under pressure from the EU
10/22/2014
Global Tax Transparency and the Future of the Cayman Islands
In the October 2 issue of Global Tax Weekly, DMS Director Peter Stafford and Executive Director Don Ebanks discuss the impact of international tax information exchange initiatives on the future of the Cayman Islands as a leading offshore financial center.
10/21/2014
Hong Kong, South Africa Sign DTA
The agreement guarantees that income should be subject to the tax rules of a single state.
10/20/2014
Clawback - the taxman’s growing reach
It was George Harrison’s astonishment at the amount of tax he was paying that prompted him to pen The Beatles’ song “Taxman” almost 50 years ago.
10/17/2014
Grant Thornton Ramps Up Isle of Man Presence
Grant Thornton is to open a new office on the Isle of Man.
10/17/2014
Switzerland, EU Finalize Agreement On Corporate Tax Reform
Switzerland and member states of the European Union have signed a joint statement that reaffirms Switzerland's commitment to abolish contested corporation tax regimes and EU member states' pledge to lift countermeasures.