Managers of Wealth Offshore

SMP Partners - Automatic Exchange of Information

The legislation, regulations and guidance for both the US and UK regimes is complex and many areas of practical implementation are not yet totally clear.

Hong Kong's tax system needs complete review, institute says

Hong Kong lacks adequate tax laws to handle measures to combat tax evasion implemented by G20 governments,

Gibraltar Signs Tax Agreement With US

The Minister with responsibility for Financial Services, Albert Isola, signed an Intergovernmental Agreement between the US Government and the Government of Gibraltar at a signing ceremony in the US Embassy in London on Thursday.

Charges over Cayman Islands tax haven dropped

The charges, which carried jail terms of up to 25 years, were withdrawn by the Commonwealth Director in Sydney Local Court on Tuesday morning.

Japan: New Reporting System For Offshore Assets

The 2012 tax reform, which was approved by the Diet in March 2012, introduced a reporting requirement for offshore assets.

Swiss bank pays $4.4mn to avoid US tax rap

The agreement is part of a US push to find tax dodgers and punish the banks that help them.

'Central Asia and Africa may take place of Switzerland and Singapore as offshore banking havens'

They have signed up 47 countries today. there are more to come

Switzerland pledges to lift veil on tax secrecy

The move is a big step forward for governments that have mounted a concerted attack on evasion in the wake of the global financial crisis and a series of tax scandals.

Irish tax haven activities rise in aftermath of 2013 Apple revelations

Switzerland has a low corporate tax rate to attract foreign firms and it been forced by the European Union to consider revising its corporate tax code

Swiss Banks Follow The Money To Panama

Swiss banks have also been casting their net in the Latin American state.

Russia Knows Europe Sanctions Ineffective With Tax Havens

Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe.

U.S. Firms With Irish Addresses Get Tax Breaks Derided as ‘Blarney’

They’re all chief executive officers who have given back to their communities. They oversee thousands of American workers. And they run companies that have opted out of the U.S. tax system.

Black money: India steps up pressure on Switzerland to share HSBC bank info

India has strongly objected to Switzerland’s denial of information about account details of certain Indians at HSBC’s Swiss bank branches, in whose cases “incriminating evidence of tax evasion” have been found here.

Guernsey Wary Of Publicizing Ownership Information

Guernsey's Chief Minister and the head of Guernsey Finance have responded to UK Prime Minister David Cameron's recent letter calling for the creation of a public registry of beneficial ownership of Guernsey companies.

Cayman, Belgium Sign Tax Information Exchange Agreement

Cayman's 35th, provides for the exchange of information for tax purposes

Ex-Mizrahi Banker Said to Be Indicted in U.S. Tax Fraud Case

The bank wasn’t named as a defendant in the indictment filed yesterday in federal court in Los Angeles, which referred to “Bank A.”

Did your Swiss Bank enter into a Non-Prosecution Agreement?

What does that mean for you and what actions should you take?

Forget FATCA – New Global Tax Network Is Coming

Expats, offshore investors and multinational companies are the target of a new global tax network that is set to revolutionise how governments impose tax laws.

Income tax paid by non-doms hits record high of £6.8billion

Pinsent Masons says that the figures show that, despite their popular image, non-domiciles make a very significant contribution to the UK Exchequer.

Swiss Offshore Tax Evasion Enabler Pleads Guilty

Josef Dörig, 72, of Switzerland, pleaded guilty today to conspiring to defraud the Internal Revenue Service in connection with his work as the owner of a trust company in Switzerland.