01/21/2022

Do tax exposés help HMRC?

Journalists were able to find widespread irregularities such as the backdating of documents

01/21/2022

Bermuda: Amended economic substance regulations released

The industry notice also indicates that revised economic substance guidance notes reflecting the changes in the Amendment Regulations will be published on the Registrar of Companies website in early January 2022.

01/20/2022

EU members push back against fast adoption of minimum tax

The minimum levy, agreed by 137 countries in negotiations led by the Organisation for Economic Co-operation and Development, is part of wider corporate tax reform plans that address the challenges of taxing large tech companies and other multinationals th

01/14/2022

FIAU’s tax evasion guide lists red flags for suspect companies

Around 10% of STRs – suspicious transaction reports – relate to serious and complex cases that involve the misuse of complex corporate structures, undeclared or falsely declared income, foreign proceeds of crime or links to organised crime

01/10/2022

Bahamas Gov’T Targets Property Tax Tripling To $400m

A 25 percent revenue-to-GDP ratio, which Prime Minister Philip Davis QC is aiming to achieve by the time his administration’s term in office ends in 2026, is far higher than the Government’s fiscal performance has ever before produced.

12/30/2021

Tax for remote workers?

Recent research carried out by UK property consultants Cluttons found that the finance and insurance sectors had the ‘highest potential’ for remote working, with more than 75% of work within those industries suitable.