05/01/2014
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.”
04/30/2014
Did your Swiss Bank enter into a Non-Prosecution Agreement?
What does that mean for you and what actions should you take?
04/30/2014
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.
04/30/2014
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.
04/30/2014
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.
04/29/2014
The widespread prevalence of "tax treaty shopping" and treaty abuse has led to the introduction of stricter rules by the Organisation for Economic Cooperation and Development on the granting of treaty benefits
04/28/2014
It is clear the government still views offshore with suspicion and its agenda to raise tax from overseas interests is not waning as can be seen from the articles below.
04/28/2014
The DTA is intended to boost cross-border trade and investment between Singapore and Barbados by providing greater clarity on both parties' taxing rights to ensure that double taxation does not occur.
04/25/2014
Bermuda: Brazil court rules in Vale's favor on foreign taxation
A Brazilian appeals court on Thursday gave mining company Vale SA a partial victory in its 22.3 billion real dispute with Brazil's government over the taxation of its foreign units.
04/23/2014
Any undeclared interest and income earnings or other capital gains will be subject to penalties and interest
04/23/2014
Almost three years later, we find you have not complied with the orders to divulge the details of Liechtenstein bank account holders' names to the petitioner.
04/21/2014
As Swiss banks wait for the US authorities’ tax evasion spotlight to fall on them
04/17/2014
Taxman nets €1bn in offshore bank accounts investigation
The significant milestone was reached in recent weeks, the Revenue Commissioners has revealed.
04/17/2014
IRS Issues John Doe Summons For Hidden Accounts
The US Government's recent crackdown on offshore tax evasion shows no sign of slowing down and appears to be expanding to include new jurisdictions.
04/15/2014
UK Plan New Penalties For Offshore Tax Evasion
This change will mean HMRC only has to demonstrate the income
04/15/2014
The Securities and Exchange Board of India (Sebi) is collating data on these companies and the bank to zero in on the ones who could have used FII sub-accounts to channelize money into India through the Mauritius route to jack up their own stock prices
04/14/2014
George Osborne: 'If you are hiding your money offshore, we are coming to get you'
People who hide their money overseas to avoid paying tax face bigger fines and could be jailed more easily under government plans to fight tax evasion.
04/10/2014
BVI: Tax planning backfired?
The bitter marital split of aviation tycoon Clive Joy has highlighted the issue
04/10/2014
George Osborne, in last month’s UK Budget, mainly spoke of positive economic and tax changes in advance of next year’s UK elections. However, his brief reference to offshore was perhaps not so positive: “
04/07/2014
Taxpayers are ineligible to participate in the IRS's limited-amnesty program