Managers of Wealth Offshore

Barbados To Expand Double Taxation Network

Barbados' financial-services sector is rated as the second-largest source of foreign exchange earnings, behind tourism, for which new markets are being sought outside of Canada.

Gibraltar Widens Tax Change Network

Parliament unanimously approved new legislation on Friday that will dramatically expand Gibraltar’s network of agreements for the exchange of tax information.

Israel : Triggered by the Netanyahu scandal? New 'revolutionary' bill leaves little option for tax evasion in Israel

When wealthy Israelis and tycoons put their money in tax havens around the world, they could not have imagined that they would be exposed

G20 agrees on new rules to combat offshore tax evasion

The world's top financial officials have ramped up co-operation to combat offshore tax evasion after the G20 meeting in Sydney signed off on a global standard for the worldwide automatic exchange of tax information.

Obama to seek tighter tax rules for corporate offshore profits -official

The Obama administration said on Thursday it will seek new limits on overseas tax avoidance by corporations in its forthcoming budget proposal

Offshore Tax Evasion Crackdown to Be Focus of Senate Hearing

The U.S. Senate Permanent Subcommittee on Investigations will hold a hearing next week on a crackdown on offshore tax evasion that has stalled as prosecutors conduct criminal probes of 14 banks

India, Switzerland agree on liberal terms for tax information exchange

There has been much debate on illegal offshore-accounts held by Indians

Former US Virgin Islands official charged with tax evasion

Both men are scheduled to be arraigned on Feb. 27

France Removes Bermuda from Tax Blacklist

Bermuda’s Minster of Finance, Bob Richards, commented, “We were confident that any entry on France’s list would be very short-lived as Bermuda is globally recognised as complying with the highest international standards on tax transparen

Govt continuing crackdown on wealth stashed by Indians abroad

Cracking down on alleged wealth stashed by Indians abroad, the government has initiated enquiries in several cases while information has been received in 67 such cases and prosecution for wilful tax evasion has been launched in 17 other cases.

Bahamas Gov't Continues To Push VAT Positives

The Bahamas Government has taken to the social media platform Facebook in a bid to win support from taxpayers over the introduction of a value-added tax in the territory.

OECD delivers new global standard on automatic exchange of information between tax authorities

The standard contained in this report and released in preparation for that meeting calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis.

India: Taxmen fail to get information on offshore money

The income tax department has not been able to make any headway in detecting the offshore investments by Indians, including 20 big names from Andhra Pradesh, in the safe havens abroad.

OECD proposes agreement on sharing details of offshore accounts

42 countries have already committed to sharing tax details

DMS Offshore Investment Services Expands FATCA Task Force

Heading off Legislation that Allows IRS Access to Tax Information Related to Offshore Accounts

Turks and Caicos Islands : British MPs accuse Helen Garlick’s former office of wasting and mismanaging taxpayers money

In a strong criticism that is similar to how many residents of Turks and Caicos Islands feel about the Special Investigation and Prosecution Team, the Public Accounts Commitee of Britain’s House of Commons has accused Helen Garlick’s former wo

Jamaica: FATCA Registration Delayed

Local commercial banks and near banks regulated by the Bank of Jamaica, as well as other entities regulated by the Financial Services Commission, which are counted as Foreign Financial Institutions under US law, should now be engaged in registering online

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