Managers of Wealth Offshore

Gibraltar QROPS denial a waste of time and effort

The pension and investments specialist said the effort that HMRC is wasting on its delayed acceptance of the jurisdiction is to ‘no useful purpose’.

Firms 'use offshore trusts to pay huge bonuses'

Revenue launches crackdown on tax-free 'bullet loans' to staff

Cyprus may no longer be a tax haven for funds

New Delhi made clear its displeasure with Cyprus for not providing information on tax evaders under the agreement between the two countries for avoidance of double taxation of income and prevention of tax evasion in force since 1994.

France to remove Jersey, Bermuda from tax-haven blacklist

"As of today, Bermuda and Jersey have satisfied all of France's requests for information, which will enable them to avoid reprisals contained in the law," the ministry said in a statement on its website.

Tax Information Exchange – Where Are We Now? - Maples and Calder

Since the financial crisis there has been a marked acceleration in the number and scale of initiatives designed to enable states to get information about income its taxpayers earn abroad.

India, San Marino sign bilateral tax treaty

The agreement is based on international standard of transparency and exchange of information and provides for exchange of information that is relevant to the administration and enforcement of the domestic tax laws.

ABIR Applauds US/Bermuda FATCA Agreement

The agreement, which signals international cooperation on tax law enforcement and compliance, seeks to promote transparency on tax matters.

UN Raps Liberia Over Trafficked Diamonds

Miners who unearth gems in Sierra Leone are motivated to smuggle the stones out of the country in order to avoid having to pay a 15% tax on diamonds valued at over half a million dollars.

Jersey Finance welcomes confirmation of removal from French list of non-cooperative jurisdictions

Jersey Finance has welcomed confirmation from the French Ministry of Finance that Jersey has been removed from France’s list of non-cooperative jurisdictions.

Australian Taxation Office advised to use Paul Hogan to promote its offshore tax evasion crackdown

The bizarre proposal, contained in a $200,000 taxpayer-funded study for the ATO, proposes to "enhance his personal profile'' by paying a charity of Hogan's choice instead of an appearance fee

Tax havens Jersey, Isle of Man, and Guernsey join tax fraud pact

The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens.

Malta signs foreign account tax compliance act with US

Finance Minister Edward Scicluna and US Ambassador Gina Abercrombie-Winstanley signed the Foreign Account Tax Compliance Act yesterday

Actively sharing financial intelligence with India: Mauritius

Hopeful of signing a new TIEA with India soon, Mauritius has said its regulatory authorities and financial intelligence units are actively cooperating with their Indian counterparts for sharing of information.

Putin Calls For Several Tax Changes

Russia needs to address the problem of illicit capital outflow and tax evasion, and more effort needs to be put into supporting economic growth in the Far East, according to the President Vladimir Putin.

Woman Indicted in Cayman Island Tax Scheme and for Lying to Federal Authorities

Offshore tax evasion is an issue of fundamental fairness

Jersey Finance welcomes signing of USA FATCA agreement

The announcement that Jersey has signed an agreement to implement the US Foreign Account Tax Compliance Act provides further evidence of its active role in developing international tax compliance initiatives.

Guernsey signs FATCA agreement with USA

Guernsey's Chief Minister was joined by his Crown Dependency counterparts today in signing a FACTA agreement with the US Government.

Bracken Rothwell and the Fairway Group join PrimeGlobal

Bracken Rothwell and the Fairway Group have joined the Europe, Middle East and Africa region.

Worldwide: Spilling Secrets: The End Of Confidentiality In Offshore Financial Centres

OFCs are most frequently associated with tax evasion or other unlawful uses, although there are numerous legitimate purposes for setting up an offshore account or corporation.

Non-doms no longer be able to avoid duty by putting their earnings through low-tax foreign jurisdictions

Chancellor comes knocking for fat foreign incomes: Government moves to clamp down on tax loophole