Managers of Wealth Offshore

Taxing times for real estate investors

Recapping the key changes that impact active investors

New OECD Tax Rules Need «Critical Mass»

It is generally accepted that many islands in the Caribbean, BVIs and other jurisdictions were bludgeoned into accepting the current OECD agreement

Tax evasion: HMRC pays millions to those reporting suspected tax fraud

The last financial year has been a bumper one for these payments too, with a whopping £400,000 handed out to informants, with the taxman having received 120,000 reports of apparent tax wrongdoing over the period.

Carbon tax means losses for banks and insurance: MFSA

Banks, insurance companies and investment funds could face losses if a global tax on carbon is introduced, but would still be likely to recover quickly, a study from Malta’s financial regulator says

Aesthetics factored in to property tax relief scheme, Finance Minister says

Committee to decide what 'traditional style' means as scheme comes into force

Will Uganda Finally Be Able to Tax Online Multinationals?

The analysis discloses that despite commitments by OECD members, they are responsible for facilitating 78 per cent of the tax losses with the worst culprit being UK.

New planning permission tax to be debated in Guernsey

The new exemptions, if approved by the politicians, could make it easier to turn derelict hotels into housing.

Global Forum members continue multilateral efforts to advance transparency agenda and fight tax evasion

Celebrating 10 years of Global Forum capacity-building activities, members will also reflect on ensuring transparency and exchange of information benefit developing jurisdictions and help them in their fight against tax evasion and other illicit financial

Malta: Ministry justifies controversial tax scheme, says ‘consulted bodies’

“No negative feedback by any stakeholders about this proposal”

Are there threats to offshore trusts? A Guernsey perspective

Guernsey has successfully navigated the international currents driving such initiatives, positioning itself as an early adopter of CRS and FATCA

Malta: PN against tax amnesty that ‘awards abuse’

The Opposition will present a parliamentary motion to repeal a legal notice published by government that gives tax defaulters an amnesty

'State of Tax Justice 2021: A Critical Review'

As Cayman Finance research continues to demonstrate, TJN reports consistently lack credibility because of significant problems with their choice of data and application of methodology.

New tax regime for UK asset holding companies

The new regime includes a number of UK tax reliefs which we expect could be of interest to fund managers and investors in alternative assets.

Johnny Ronan shifts tax residency to Malta

Developer now registered at flat close to Valetta

Federal Council brings new legal framework on implementation of international tax agreements into force

The revision of the law now also stipulates how mutual agreement procedures are to be carried out at national level, provided the applicable agreement does not contain any deviating provisions.

Revised Tax Legislation Proposal No Longer Includes Certain Estate and Gift Tax Provisions

In order to increase revenue, the current proposal would impose a surtax on individuals with income in excess of $10 million per year and on trusts at much lower income levels.

G77 takes the initiative as G20 papers over the cracks of weak OECD tax deal

Two multilateral instruments are still to be designed, signed and ratified before binding changes come into effect.

The Pandora Papers: How punishing tax cheats can serve as a deterrent

This is not the first time the public has learned about how the wealthy evade taxes and shield their riches.

Majority of publicly traded U.S. multinational firms use tax havens

Data suggests public scrutiny may influence whether firms disclose offshore subsidiaries

U.S. has become haven for tax dodgers

Dynasty trusts have been established that allow wealth to be transferred from generation to generation, while avoiding federal estate taxes.