05/29/2014
Guernsey set to join OECD’s top club in fight against tax evasion
The OECD and the Council of Europe's Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August.
05/28/2014
54% Of Offshore Profits Held In 12 Tax Havens, Study Says
A majority of American corporations’ offshore profits are held in 12 tax havens, according to a study published Tuesday.
05/28/2014
Foreign Account Tax Compliance Act (FATCA) Enforcement Delayed
This period is being called a “transition period” as it will ease the anxiety that the law has caused to the foreign institutions and take the pressure off
05/28/2014
The Swiss Government is poised to pass HMRC a "hit list" of ten nations where holders of Swiss bank accounts siphon their money to.
05/27/2014
The question remains if any other Swiss bank will suffer the same fate as Wegelin, that was forced to dissolve after being convicted by a criminal court at the beginning of 2013.
05/26/2014
The study was extremely blunt on this issue
05/26/2014
Those negotiation exercises have since been completed leading to the creation of draft agreements waiting to be signed
05/26/2014
Those negotiation exercises have since been completed leading to the creation of draft agreements waiting to be signed
05/26/2014
The event, entitled 'A World of Opportunity', drew an audience of around 300 private client lawyers, accountants and advisor
05/23/2014
Wealthy Americans used to have no shortage of places to hide their assets from tax collectors
05/23/2014
Bahamian financial institutions had been invited to register with the IRS Portal to receive a Global Intermediary Identification Number by May 5, 2014
05/22/2014
The Prime Minister of the Bahamas, Perry Christie, has expressed cautious optimism about the future of the financial services sector's place in what he has called a new regulatory "world order" following the adoption of global tax transpare
05/22/2014
Seeking to promptly sort out tax-related issues with India, Cyprus today said it expects to closely co-operate with the Narendra Modi-led government to resolve the matter, which has created "immense obstacles" for investment activities between t
05/21/2014
Case strained Cayman-Australian tax information exchange relations
05/20/2014
Switzerland isn’t the only tax haven feeling the heat from countries that are trying to scrape more revenue by raking in taxes from citizens with undeclared offshore assets.
05/20/2014
Discretion is given to the trustees
05/20/2014
Top American companies including pharmaceutical giant Pfizer Inc. are saving at least $550 billion in taxes by holding profits in overseas tax havens
05/19/2014
In my opinion, the CEO as well as the chairman of the board must go in order to save the bank
05/19/2014
Spain’s onshore reputation and global network double taxation treaties provide Spain with an excellent platform from which to offer international onshore structures.
05/15/2014
This change will mean HMRC “only has to demonstrate the income was taxable and undeclared meaning it will be easier to secure successful prosecutions of offshore tax evaders