Managers of Wealth Offshore

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.

OECD clamps down on companies’ tax treaty abuse

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

A UK tax update for offshore trustees and professionals - Baker Tilly

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.

Singaporean DTA With Barbados In Force

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.

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.

Irish Revenue nets $1 billion in offshore account probe

Any undeclared interest and income earnings or other capital gains will be subject to penalties and interest