Managers of Wealth Offshore

Tax Tips From Cooperating Witness In Record $2B Tax Evasion Case

The 39-count indictment are still unproven accusations, but most such cases do not end well for the accused.

UBS French tax evasion appeal: what's at stake

A main pillar of the bank’s defence is that it was complying with the tax regulations of the day – the European Union Savings Directive, which did not compel banks to hand over client data to other countries.

Cyprus Tax authorities extend the imposition of penalties for late submission on DAC 6

The Tax Department will not begin imposing administrative fines until 30 June 2021

Tax Planning Challenges for Trustees Webinar

With governments now working out how to replenish their coffers, the challenges faced by trustees in implementing and managing tax planning have never been greater.

BDO tax director Mark Savage explores what the UK’s Budget means for Guernsey

There was some good news for companies.

Channel Islands: Spring Budget 2021 - Deloitte

The government is spending £100m on an HMRC taskforce to clamp down on tax avoidance and evasion.

MEPs seek to strengthen list of tax havens

But what does this mean for advisers and their clients?

Isle of Man trio sets up international tax advice firm

It will work with private clients and advisers on IHT, complex estates and offshore trusts

Channel Island lawyer takes on ASOS in VAT battle

The lawyer says that at one point, ASOS’s customer services insisted no VAT had been charged.

Tax treaties and COVID-19

Concerns have been raised among employers as to whether this would result in the creation of a PE, which would in turn result in their businesses having to adhere to increased tax obligations and tax filing requirements.

Global care company under fire for alleged Guernsey-linked tax avoidance

The report by the Centre for International Corporate Tax Accountability and Research (CICTAR) says that, despite charging residents over £225 million in fees in 2019, Canada-based Revera’s three UK care home companies - Sunrise, Gracewell and

OpenLux: Why the Era of Financial Secrecy Needs to End

This same secrecy also creates fertile ground for tax evasion, avoidance, and for financial crimes and deals unquantifiable political damage as secrecy-shrouded capital infiltrates the Western political system.

OECD calls on countries to crack down on the professionals enabling tax and white collar crimes

White collar crimes like tax evasion, bribery and corruption are often hidden through complex legal structures and financial transactions facilitated by lawyers, notaries, accountants, financial institutions and other professional enablers.

A tide-turning moment in the global struggle for tax justice

Here, the FACTI panel has embraced in full the tax justice proposals, and call for multinationals to be taxed on a unitary basis and subject to a global minimum corporate tax.

Real Madrid criticised over ‘tax haven’ investment deal

The report was based on the so-called ‘Football Leaks’ files – internal correspondence and contracts of European football clubs – that were handed to several mainstream European media houses.

EU adds Dominica to tax non-compliance list

As it removes Barbados while the country undergoes a review by the OECD

COVID-19 and regulatory uncertainty spur greater tax risk for organizations in 2021 and beyond, EY survey finds

Survey respondents say they anticipate a far more diverse tax risk environment spanning everything from scrutiny of routine business activity, to major, billion-dollar settlements in court.

Tax policy with a holistic approach

The tax revenue generation is deeply linked to how equitably the tax revenue is collected

Tax planning tips for professionals

Efficient tax planning can help Amit save a good amount of money over the long run.

Grant Thornton awarded Investors in People accreditation

Managing Director Adam Budworth commented: “The past 12 months have demonstrated just how important having a resilient, happy and healthy workforce really is."