08/19/2022
Robert Frederick Smith: Billionaire used biz funds to buy GF an apartment, and luxury mansions
Smith has already admitted to illegally hiding millions of dollars from the Internal Revenue Services in offshore tax havens
Tax
08/15/2022
The UK's offshore tax havens are quietly luring investors away from the likes of the Cayman Islands and Bermuda this 'crypto winter'
UK tax haven islands Jersey and Guernsey are stepping up their efforts to attract crypto and blockchain investors.
08/12/2022
More time: Halkitis says gov’t not averse to transitional period for insurance VAT-related reforms
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
The corporate minimum tax could hit these ultra-profitable companies
Companies can still use carve-outs for research and development, investment expenses and others to lower their tax bills.
08/11/2022
Maltese woman places second worldwide in ACCA accountancy exams
Maria Sciberras beats thousands of students in global exam round
08/08/2022
Cayman Islands Enforcement Guidelines: Common Reporting Standard and Economic Substance
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
EY’s Rahul Kini named ‘Rising star in digital’
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
17 Islands That are Popular Tax Havens for the Wealthy
Many smaller island nations turned themselves into tax havens for that very reason.
08/08/2022
Offshore tax amnesty not for bringing black money: NBR chairman
"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
Proposed changes to Hong Kong’s offshore regime for passive income
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 Warns Taxpayers Against Tax Avoidance Strategies
IRS acknowledges that the evolvement of digital technology across the world
07/28/2022
Royal Bank ordered to reveal who's behind 97 offshore accounts
CRA won't say why it's taken 6 years to pursue companies named in 2016 leak
07/27/2022
Global Legal Insights Corporate Tax 2022: Luxembourg
Transfer pricing requirements continue to expand along with increased enforcement activities by the Luxembourg tax authorities.
07/25/2022
Peter McGahan: The stars that unnecessarily fell through tax advice
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
Bermuda: Global Tax Initiatives – A Bermuda Perspective
The regime has been developed following years of intensive negotiation aimed at combatting tax avoidance in a digitalised and globalised world.
07/19/2022
Cyprus: Tax Strategy For Individuals & Companies
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
Senior appointments consolidate BDO Group’s Jersey team
Prior to this he sat on the board of Ogier Fiduciary Services Jersey Limited.
07/14/2022
‘Companies must accept that remote working is here to stay’
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.
07/14/2022
Bernie Ecclestone’s lessons on tax for offshore traders
The number of wealthy UK taxpayers admitting to unpaid tax on offshore assets has jumped 35% from 3,301 to 4,443 in the last year according to multinational law firm Pinsent Masons.
07/12/2022
BDO Jersey makes four senior promotions
Through their expertise we will be able to effectively support our clients and help them succeed through their business lifecycle.