08/25/2022
In an accompanying paper, dated March 2022, it was noted that the revenue impact of the initiative could be $90 million in the coming year with an implementation timeline of 12 months.
08/25/2022
The law requires banks around the world to report assets and accounts of US clients to the IRS, but wealthy Americans have figured out a way to sidestep the rule and draw less scrutiny from the banks.
08/19/2022
Smith has already admitted to illegally hiding millions of dollars from the Internal Revenue Services in offshore tax havens
08/15/2022
UK tax haven islands Jersey and Guernsey are stepping up their efforts to attract crypto and blockchain investors.
08/12/2022
Our objective is to always do things smoothly and cause minimal disruption.” Halkitis noted that the rules which the Davis administration decided to bring into effect at the start of the new fiscal year were drafted back in 2020.
08/12/2022
Companies can still use carve-outs for research and development, investment expenses and others to lower their tax bills.
08/11/2022
Maria Sciberras beats thousands of students in global exam round
08/08/2022
The Guidelines set out the TIA’s principles and processes for taking enforcement action through administrative penalties for non-compliance under the CRS and the ES regimes.
08/08/2022
The awards have become a staple in the finance calendar, with more than 50,000 votes being cast by members of the public to determine the winners.
08/08/2022
Many smaller island nations turned themselves into tax havens for that very reason.
08/08/2022
"No opportunity was given to bring black money from the country through this," said National Board of Revenue Chairman Abu Hena Md Rahmatul Muneem
08/05/2022
Subject to the completion of the legislative process, the changes will take effect from January 1 2023 with no grandfathering arrangement and apply to multinational enterprise groups only.
07/28/2022
IRS acknowledges that the evolvement of digital technology across the world
07/28/2022
CRA won't say why it's taken 6 years to pursue companies named in 2016 leak
07/27/2022
Transfer pricing requirements continue to expand along with increased enforcement activities by the Luxembourg tax authorities.
07/25/2022
Many of these have agents who often determine the individual’s financial adviser, and with such complex financial issues, schemes can be put forward by an ‘adviser’, keen to impress, that sail way beyond ‘close to the wind’.
07/20/2022
The regime has been developed following years of intensive negotiation aimed at combatting tax avoidance in a digitalised and globalised world.
07/19/2022
High Net Worth Individuals can take advantage of Special Tax Regimes offered by countries that enable them to receive Worldwide Dividends Entirely Tax-Free or even to Acquire EU Citizenships.
07/18/2022
Prior to this he sat on the board of Ogier Fiduciary Services Jersey Limited.
07/14/2022
Having started out as a model, Ms Asante then went into politics as a case worker and policy adviser before travelling to Florida to study for a masters in international tax.