07/12/2021
EU puts digital tax plan ‘on hold’ during OECD talks
New levy plan was due to be unveiled later this month
07/12/2021
New levy plan was due to be unveiled later this month
07/11/2021
The plan was adopted by several leading captive domiciles, including the Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Gibraltar, Guernsey, Hong Kong, Jersey, Luxembourg and the US.
07/11/2021
The group will aim for national leaders to approve the plan at a G-20 summit in October.
07/11/2021
World's biggest economies will be the main gainers but offshore tax havens, low-tax European nations and poorer nations could suffer
07/07/2021
If tax authorities don’t respond, the letter turns into an agreement and the companies pay as much as they offered to.
07/07/2021
In the U.K. for example, the modern system of inheritance tax—levied on the value of the individual’s estate upon death
07/07/2021
It concentrates on unintentional non-compliance, rather than offshore tax avoidance or evasion.
07/07/2021
The agency said it is looking into people who opened secret offshore accounts to conceal illegally earned money, and companies which evaded taxes by using fintech and other online trading platforms.
07/06/2021
The UK is looking to introduce its own holding company regime to rival Luxembourg and allow funds to base their investment structures here
07/06/2021
15% rate would apply only to multi-national companies with a global turnover above €750m
07/06/2021
Now, the country’s leaders say they have “recognised the need to join with other members of the Inclusive Framework to reach this position supported by a significant majority of the membership.
07/04/2021
One hundred and thirty countries have reached an agreement on implementing a better system of taxation, under the aegis of the OECD.
07/02/2021
All G20 countries, such as the US, UK China and France, did back the agreement.
07/01/2021
Many people have limited awareness or understanding of CGT.
07/01/2021
International tax consultant Allison Peart says, however, that the tax rate alone should not be the determining factor in the decision by Jamaican companies registered in the eastern Caribbean country on whether to call it quits or remain domiciled there.
06/30/2021
For two decades, the multinational mass media conglomerate took advantage of tax havens in a global “game of cat and mouse,” Dutch researchers find.
06/30/2021
The G-7 move is prompted by a tendency among MNCs to register in low-tax European jurisdictions such as The Netherlands, Ireland, and Luxembourg and some Caribbean nations, and show their revenue and profits in those jurisdictions regardless of where thei
06/28/2021
Bargaining over global tax enters key stage
The proposal will then be taken up by the G20 club of wealthy and emerging countries at a meeting of finance ministers in Italy on July 9 and 10.
06/28/2021
Experts fear a takeover of Morrisons could see the supermarket giant shift offshore for tax reasons
But it is feared that a private equity buyout could see Morrisons' tax base shifted out of the UK.
06/28/2021
Complying with the new Tax & SPV regimes in Mauritius
Mauritius has continued to innovate in order to retain its role as an international financial centre of substance