Managers of Wealth Offshore

Indicators for tax-related money laundering

Any further use of the said proceeds or any efforts to legitimise such proceeds would constitute money laundering.

EU to combat taxation ‘race to the bottom’ with 15% rate for big companies

Officials confident draft law will secure unanimity, despite concerns from Hungary and Estonia

French Budget targets trusts in low tax jurisdictions

It introduces an automatic presumption that the required 10% stake in the investment holding settlement is attained in order to tax its income and gains on a look-through basis.

Tax Alert: Guidance released in respect of further CRS powers in Guernsey

Where this change in circumstance arises prior to 1 January 2022 and there is no valid self-certification held, there is a one off deadline to report to the GRS by 31 March 2022.

The ‘cowboy cocktail’: How Wyoming became one of the world’s top tax havens

An oligarch, a dictator’s aide and a beverage tycoon turned to America’s least populated state to shelter assets, the Pandora Papers show.

Lloyd’s boss says no need to fear global tax deal

The Bermuda market has credibility globally, brilliant talent in terms of its ability to execute for insurance and reinsurance, great distribution opportunities and still has capital and tax advantages, whatever happens.

Minister hails tax rules for multinationals imposed by EU

The rules were eventually voted through by a majority of EU finance ministers in June.

The national and global tax trends that will shape ’22

With rules regarding digital economy taxation around the corner, 2022 will be a key year for digital taxes

Tax Justice Network research again draws flak from tax havens and critics

The Financial Secrecy Index ranks countries based on their complicity in helping individuals hide their finances from the rule of law.

A year the tide turned in the fight for tax justice

Our analysis of the G7 global tax deal was widely covered in media and press.

French Budget anti-tax avoidance rules target trusts

Where the entity is situated in a blacklisted territory the taxable income cannot be below a set minimum return, which was fixed at 1.18% for 2020.

House taxwriters discuss implications of Pandora Papers

Burton also agreed with Republicans that small businesses and farms use trusts for legitimate planning purposes.

‘The definition of a tax haven is changing’

“In the last few years, some academics and politicians have changed the way they think about tax havens to focusing on where there's a lot of profits and not as many employees or assets.”

How Taxes Can Support Growth and Reduce Inequality in Latin America and the Caribbean

Santiago Acosta Ormaechea and Samuel Pienknagura Loor Western Hemisphere Department

Imf To Bahamas: ‘Pre-Empt’ On Corporate Income Taxes

Suggesting that The Bahamas “impose that same level of taxation” for itself

Article 123 bis is given a new set of teeth to bite into offshore trusts’ profits

French Tax Bulletin: Article 123 bis is given a new set of teeth to bite into offshore trusts’ profits

Grant Thornton awarded for ‘Excellence in the Promotion of Women in Business’

This award confirms that we have been consistently faithful to the core and fundamental objective of fostering a work environment that provides equal opportunities to everyone, irrespective of gender, race or nationality.

UK VAT rules when selling goods through an online marketplace

We often find UK suppliers of goods choose to register for VAT in their customer’s country and charge the appropriate local VAT.

Panama says it doesn’t deserve to be considered an offshore tax haven. Here’s what experts say.

In its efforts to shed its decades-long reputation as a center for tax avoidance and money laundering, the country is embracing transparency.

Clamp down on VAT evasion

The headline figure of this report is that, in 2019, EU countries lost €134 billion in VAT revenues because of inefficiencies in collecting tax due.