Managers of Wealth Offshore

Costs Risk in Appeals from the Irish Tax Appeals Commission

A recent High Court judgment considered the question of costs awards in these cases stated.

EU court to hear Government appeal on Fiat Chrysler tax deal ruling

Court to examine challenges by State, Fiat Chrysler and Luxembourg on state aid ruling

Is It Still as Easy to Hide $1 Billion 5 Years After the Panama Papers?

The papers shed a light on how Mossack Fonseca enabled a handful of wealthy individuals to create shell corporations to manage their assets and taxes.

The hacker, the tax haven, and what $200 million in offshore deposits can tell us about the fight against illicit wealth

In the past decade many governments have made a lot of progress in getting archetypal havens to start sharing information on the owners of offshore wealth.

MPs urged to demand the names of Canadians behind offshore tax shelters

Finance committee is re-starting probe into shell companies that was shut down five years ago

How easy is it for the MRA to lift the corporate veil to recover taxes?

Part of "Tax Mind": A collection of thought provoking content for tax professionals.

U.K.—Tackling Tax Avoidance

Governments since then have (too-) occasionally paid lip-service to that Protocol, whilst often ignoring it in practice—most recently in last year’s retrospective anti-forestalling measures for the restriction of Entrepreneurs Relief, for exam

Common ground for Maltese MEPs as EU moves closer to tax harmonisation

What are Maltese MEPs saying about EU moves towards tax harmonisation?

New home for Saffery Champness in Manchester

The firm’s Manchester team, which provides tax and general advice and audit and accounting services to individuals and businesses across the North West, has seen substantial growth in recent years, with the combined total of partners and staff membe

Tax Blockers and US CLOS: Best Practice for Restructuring Distressed Assets

In line with prior downturns, over the last number of months we have seen a significant rise in the formation of 'tax blocker' subsidiaries for existing US CLO issuers with exposure to affected assets.

With the Netherlands cracking down on tax evasion, the UK risks increasing isolation

The British overseas territories which already feature at the top of the global tax haven rankings risk becoming even greater facilitators of tax avoidance now that they are no longer constrained by the EU’s Code of Conduct on Business Taxation.

Cayman Islands: Updates regarding DITC portal and CRS and FATCA compliance

The update advises that the CRS reporting functionality in the DITC portal has been re-enabled

Code of Conduct Group chair: EU tax list ‘not a tax haven list’

The Code of Conduct Group was created in 1998 as part of the political commitment of the EU member states to assess potentially harmful preferential tax regimes and to tackle harmful tax competition in the EU.

Apex launches Australian tax services

Follows launch of corporate solutions via Throgmorton Australia.

Users as digital assets: highlights from a tax perspective

Therefore, users are to be taken into account as important assets for enterprises, capable of driving and changing the taxation approach of various transactions.

Tax avoidance not a main purpose of transaction, says UK tribunal

It was originally envisaged that the consideration for the sale would be a mixture of cash and ordinary shares issued by the purchaser.

Investment trade body seeks abolition of taxes on UK funds

Call to reform asset management rules to ensure City remains competitive post-Brexit

No or only nominal tax jurisdictions carry out first annual information exchanges

The information to be exchanged relates to the identity, activities, and ownership chain of entities that are noncompliant with substance requirements or that engage in “high-risk” activities, such as activities relating to intellectual proper

Exchanges of information good news for tax administrations

GUERNSEY is among 12 jurisdictions to have begun exchanging information relating to businesses’ economic substance.

Beware the offshore tax crackdown

The offshore financial interests of millions of Britons have been handed to HMRC since 2018