Managers of Wealth Offshore

Last Call To Dodge the IRS's Crusade Against 'Offshore' Accounts?

Agents at the IRS have been quietly rubbing their hands together in anticipation of July 1.

Cayman Issues FATCA Guidance Notes, Awaits Industry Feedback

Cayman Islands and the UK signed their 'Agreement to Improve International Tax Compliance'

US announces changes to the Offshore Voluntary Disclosures Programs

On 18 June the US Internal Revenue Service (IRS) announced major changes to its offshore voluntary compliance programs, resulting in new guidance for both taxpayers overseas and those residing in the US.

Cayman Islands and Colombia to Sign TIEA

The TIEA will be in accordance with global regulatory standards.

Time to close Cayman’s  ‘Piggy Bank’

The borrowers take the money, the bank doesn’t get repaid, and the bank goes under or is bailed out

Offshore growth hit by dividend rules

Dividend imputation, which was introduced in 1987, eliminates double taxation of cash payouts

BVI Signs 26th Tax Information Exchange Agreement With Japan

The TIEA will enable the two tax authorities to have greater ability to exchange information for tax purposes in accordance with internationally agreed standards

UK Deploying Swiss Disclosure Facility Data

The information was secured under a landmark deal on undeclared Swiss bank accounts held by UK residents, which entered into force in January 2013.

How to make your EU nation an offshore banking middle man

With everyone from Apple to Starbucks using aggressive tax planning to keep their earnings away from public coffers, it’s not surprising that countries are developing a business model for offshore banking.

US Congress to deny federal contracts to Bermuda-based offshore companies — plan

Bermuda has again been singled out and labelled “a tax haven” by US legislators as they last week attached an amendment to US federal funding measures, seeking to block federal contracts to former American companies involved in corporate inver

Companies that use offshore tax havens are big Capito donors

These subsidiaries are often shell companies with few employees and no real business activity

‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise

He’s known as Bitcoin Jesus in the world of cyber-currencies.

Geneva’s French Ties Fray as Banks Tell Clients to Come Clean

Now those longstanding ties are unraveling as France toughens tax laws

US watchdog report blasts Cayman as top tax haven

Citizens For Tax Justice and the US Public Interest Research Group are slinging mud at the Cayman Islands in a new joint report that calls Cayman one of the top tax havens for US companies.

Cayman needs to be assertive vs. tax haven claims

US companies booked profits in the Cayman Islands and Bahamas

Private client community divided by public disclosure plans

The initiative, first unveiled at the G8 summit last year, forms part of global efforts to crack down on tax evasion, and the UK government was vocal about stopping its citizens from using shadowy ‘shell companies’ for money laundering.

The Rise of Small Tax Havens

Despite international efforts to clamp down on offshore tax havens, small offshore havens for tax dodging and money laundering are becoming even busier.

Most of Fortune 500 Used Offshore Tax Havens

The most profits officially booked offshore, and the most success in avoiding paying corporate income taxes to any government at all. They include prominent corporate titans such as American Express, Apple, Bank of America and Nike.

India crackdown on rich with Swiss accounts

Within 24 hours of his May 26 inauguration, Modi created an investigative team of former judges and current regulators

Messi caught up in 1m money laundering mess

The corresponding bank slips list the recipient as a company by the name of 'G. Marín-Messi