06/08/2021
“The G7 Finance Ministers have made a significant, unprecedented commitment today that provides tremendous momentum towards achieving a robust global minimum tax at a rate of at least 15%"
06/08/2021
The idea of a minimum corporation tax has been knocking around for quite some time, not least in the EU.
06/08/2021
'Treasure Island' tax havens face a tempest
The world loses out on $427 billion a year due to corporate and personal tax evasion, according to Tax Justice Network estimates.
06/08/2021
The proposals aimed to apportion taxing rights more evenly between countries and discourage profit shifting.
06/08/2021
As British power collapsed, some of its possessions became self-governing territories that were not part of the United Kingdom but which came under British defence agreements and preserved strong links with London.
06/08/2021
The Bahamas has traditionally focused on private wealth management, catering to high net worth individuals and their families, and Mr Delaney said the G-7 initiative should not discourage companies from relocating or domiciling to this nation because tax
06/07/2021
‘It’s aimed at this stage principally at large multinationals so it’s difficult to know whether it’s the end or just the beginning of the end for the zero-10 corporate regime we’ve had since 2008.’
06/06/2021
Part of the agreement agreed upon on Saturday is that other countries would repeal their unilateral digital taxes in favour of a global agreement.
06/04/2021
Nick Batiste, Managing Director, Saffery Champness Registered Fiduciaries, said: “On behalf of everyone at the firm I would like to congratulate Lisa and thank her for her continued contribution to our clients and to our business.
06/02/2021
The past year also left the markets wondering whether a trade deal would ever be struck between the UK and the European Commission as the Brexit deadline loomed.
06/01/2021
‘This is in line with the EU's existing approach to use the listing process to promote internationally agreed good practices.'
05/31/2021
Chancellor Rishi Sunak said he wanted to ensure a level playing field between high street firms and online giants.
05/24/2021
In particular, the Commission notes that Pillar 2 participation may become a criterion for assessing third countries in the EU listing process identifying non-cooperative jurisdictions for tax purposes.
05/21/2021
This evasion amounts to billions of dollars annually and disproportionately affects lower-income nations.
05/20/2021
Global accounting firms have mostly managed to keep their clients' names secret by arguing that their codes of conduct prevent them from publicly naming the multimillionaires behind the shell companies they helped to set up.
05/20/2021
Such indicators are not in themselves conclusive proof that a country is being used for tax avoidance purposes, but they can contribute to a body of evidence that indicates that [aggressive tax planning] is occurring in a specific country.
05/19/2021
Government denies claims €40 million tax bill for Charles Polidano had been reduced to €10 million
05/18/2021
The reason being that in these very difficult times Jersey pensioners are finding life very difficult
05/17/2021
The recovery...sends an unequivocal message that offshore evasion is still a high priority of Internal Revenue Service Criminal Investigation
05/13/2021
Inheritance Taxation in OECD Countries provides a comparative assessment of inheritance, estate and gift taxes across the 37-member OECD, and explores the potential role these taxes could play in raising revenues, addressing inequalities and improving the