Managers of Wealth Offshore

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.

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

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

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.

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.

First 'deoffshorization' bill reaches Russian parliament

Requirements set in the bill could be toughened when it reaches the second reading, the lawmaker said.

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.

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.

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

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.

Hong Kong, South Africa Sign DTA

The agreement guarantees that income should be subject to the tax rules of a single state.

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.

Grant Thornton Ramps Up Isle of Man Presence

Grant Thornton is to open a new office on the Isle of Man.

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.

A Popular Irish Corporate Tax Loophole Is Now Dead — Here Are Three Other Loopholes

The Irish have officially killed the much-loved corporate tax loophole known as the "Double Irish."

Australia: Senate inquiry demands answers from low-tax companies

Companies that will be invited to explain their persistently low tax contributions, according to the report, include shopping centre company Westfield

Monaco joins fight against tax dodgers

The Principality of Monaco, a known tax haven, delighted its larger European neighbors when it announced its commitment to fight tax dodgers after becoming the 84th jurisdiction to participate in the Multilateral Convention on Mutual Administrative Assist

Tax