11/04/2013
The deal is the latest step by Argentina--long famed for rampant tax evasion--to reach agreements with tax havens around the world to track down fiscal information on individuals and companies suspected of bilking the treasury.
11/04/2013
The Multilateral Convention provides for all forms of mutual assistance: exchange on request, spontaneous exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection, while protecting taxpayers’ rights.
11/04/2013
The UK is a party to the convention and, in accordance with legal requirements, Cayman must formally request that the UK extend the convention to this jurisdiction.
11/03/2013
There have been certain requests for information made by the French under the terms of our TIEA that remain outstanding
11/03/2013
Guernsey has been commended for its leadership on tax transparency and cooperation by the Organisation for Economic Cooperation and Development (OECD) after concluding its 50th bilateral Tax Information Exchange Agreement (TIEA).
11/03/2013
The impact of the Foreign Account Tax Compliance Act on the asset management industry is profound.
10/31/2013
The crackdown has led to charges against UBS
10/29/2013
The judge went on to order the Cayman Authority to revoke its consent to the use of information obtained in respect of two Cayman entities
10/27/2013
A ruling by a Cayman Islands judge may stop the Australian Tax Office investigating assets secretly held in the tax haven
10/23/2013
Signing IGA’s are only one piece of the puzzle for Channel Island Financial services businesses to be fully geared up for efficient automatic tax information exchange
10/22/2013
Jersey Finance has welcomed the announcement that Jersey has signed an inter-governmental agreement on automatic exchange of tax information between Jersey and the UK
10/21/2013
The agreement enhances the automatic tax information exchange provisions already in place between Guernsey and the UK under measures equivalent to the EU Savings Tax Directive.
10/16/2013
The Ministry of Financial Services has finalised its proposed revisions to the ‘language’ of the Foreign Account Tax Compliance Act agreement agreement
10/15/2013
The European Commission has opened a probe of Gibraltar’s corporate tax regime on suspicion it might selectively favor some businesses such as offshore companies.
10/15/2013
The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report
10/13/2013
Sir Richard Branson quits Britain for Caribbean tax haven
The Virgin boss, 63, has left Blighty for Necker, his private island in the British Virgin Islands
10/12/2013
We have a long-established policy of complying with global standards
10/10/2013
“That message is getting out there loud and clear.”
10/10/2013
An Australian court has defied a Cayman judgment that tax information unlawfully handed over by the Cayman Islands Tax Information Authority should be returned and not used in Australian tax evasion proceedings.
10/07/2013
Offshore Haven Complains To UN About Tax Squeeze
Most have agreed to life the veil of secrecy and share financial details of offshore customers