Managers of Wealth Offshore

80% of 2024 income tax take came from paid employment

Deputy Collins said he was pleased with the responses and getting these figures was helpful with States members about to debate the future tax strategy.

Proposed island GST to be set at 3%, says Treasury lead

The States accounts show that despite a £45m surplus in 2025, longer term there is a funding gap of around £50m.

Guernsey Royal Court blesses decision to onshore trusts to pay more tax

A lot has been written about the so-called "great wealth transfer" and with it a likely change in attitude to wealth holding.

Innovate Guernsey proposes innovation fund backed by revised tax contributions

The board is asking whether the current contribution levels remain calibrated appropriately, given that comparable jurisdictions charge materially more.

Taxpayers owed $500m by loss-making SOEs

Focusing on the nine’s collective debt-to-asset and debt-to-equity ratios, the Fiscal Strategy Report said: “In years 2020–2022, the ratios were relatively stable - debt-to-assets at 46–49 percent, and debt-to- equity at 0.85&n

Bernie Sanders slams system letting US firms use Malta as 'tax haven' for profit

Senator says companies are shifting profits offshore

Bermuda Mentioned In NY Times Tax Report

Often, corporations funneled the profits through subsidiaries in places where they had no employees, offices or customers.

Key tax arrears jump 27% to reach $1.8bn

Stripping out that bill reduces the combined arrears increase for VAT, real property taxes and Business Licence fees to $283m for the first three-quarters of the present fiscal year.

Panama proposal would tax offshore entities lacking economic substance

Companies should undertake a comprehensive review of their Panama holding structures to assess exposure to the new regime

China Targets Offshore Trusts in Tax Crackdown on Rich

Offshore trusts have long been popular vehicles for the shareholders of companies seeking Hong Kong listings

Taxpayers forecast to pay $50m on controversial PPP

The significant increase in the project’s cost and interest bill are revealed in Supreme Court submissions by PPP Investments

Allshores books $20.8m tax credit boost

For Allshores, the $20.8 million credit is a significant amount that enabled the company to reduce 2025 operating expenses by 13.8 per cent to a total of $129.4 million.

Offshore finance is thriving despite crackdowns

There is a lot more to havens than crystal-clear waters and a promise of opacity

DIR VAT disputes a ‘huge confusion’ in real estate deals

Mr Carey said the proposed fund would ease the burden on the Government from having to replicate critical infrastructure and public services on every Bahamian island.

Ukraine, Germany sign new double taxation avoidance agreement

The new agreement updates taxation approaches in accordance with Organization of Economic Cooperation and Development standards and changes tax rates on passive income in the source state.

Newly-promoted BDO staff on Cloud 9

“Seeing colleagues progress into these next stages of their careers is a powerful reflection of that commitment, and I am delighted to congratulate them all on their well‑deserved promotions.”

Why inheritance tax proves Britain is grotesquely unequal

The real question is not whether the government can afford to, or should, tax wealth.

Indian regulator clarifies banks, brokers not liable for offshore funds' tax dues, sources say

The clarification followed consultations with the tax department, they said.

Corporate tax reform not a quick fix, report finds

According to the report there are four workstreams, which are possible ways to raise money.

Internal audit role evolves to keep up with emerging risks

Her focus is on working with companies, predominantly in Bermuda’s insurance and reinsurance sector