Managers of Wealth Offshore

FRC announces company reporting expectations for 2020/21

During a recent thematic review the FRC noted the quality of cash flow statements was a concern, numerous basic errors were seen

Andersen Global Adds Additional Collaborating Firm in Barbados

Andersen Global Chairman and Andersen CEO Mark Vorsatz added, “Our collaboration with Dominique and her team enhances our capabilities in Barbados and is the next step in integrating more seamlessly with locations in the Caribbean.

To fight inequality and COVID-19, tax the ultra-rich

The federal government should introduce new taxes targeting extreme wealth concentration and use the revenues to strengthen social safety nets and stimulate the economy.

No New Taxes Or Fees Will Be Imposed, Says Premier

The Premier said total expenditure, excluding capital, has been reduced to $273.1 million or 29.5 percent of Gross Domestic Product (GDP) or $28.2 million or 9.4 percent lower than the approved estimates

The Taxman Cometh

Requests can come from any of the countries with which the States of Jersey has agreed a TIEA or which is party to the CMAA.

Tax havens

According to recent estimates, tax havens collectively cost governments 500-600 billion U.S. dollars a year in tax revenue lost, through legal and other means.

Deloitte wins at Leaders in WellBeing Awards 2020 for second year

The Leaders in WellBeing Awards were created last year to celebrate the growing wellbeing-related activities of organisations and individuals in the Channel Islands:- including corporates, entrepreneurs, health and wellbeing practitioners, government depa

Top Finance Official Denies That Bahamas Over-Taxed

The positive side is that you have more disposable income to spend, but on the other side our infrastructure is in tatters because we have a $2bn infrastructure deficit according to the IDB.

Who can benefit from Malta’s Fiscal Units which consolidate income tax?

The new legislation allows for this by giving companies the right to form Fiscal Units.

Swiss government approves new law governing tax treaties

The new law would stipulate how mutual agreement procedures in tax treaties are to be carried out at the national level.

Life companies set for UK property fund tax reprieve?

Consultation paves the way for an exemption for offshore providers

Geneva Blocks Funds in U.S. Tax Case

The software billionaire is accused of code-naming nominees («King,» «Bonefish,» and «Snapper») on an offshore structure and used a charitable trust to hide assets.

Tax Planning Challenges for Trustees

The Trust Litigation specialists also considered how to deal with problems when they arise

Colombia: Wide and ‘Patchwork’ Taxation of Offshore Indirect Transfers

The Treasury recently issued regulations in August 2020 (Decree 1103 of August 10, 2020).

Award for Deloitte's debt funds team

"It is fantastic to be celebrated for providing great service to our clients and remaining at the forefront of the sector."

We can’t afford tax havens in the age of Coronavirus

It’s almost impossible to predict the full scale of economic damage while most of the world is still fighting to contain the virus’s exponential spread, and while so much remains uncertain.

Federal Council adopts dispatch on Federal Act on Implementation of International Tax Agreements

Based on the consultation, the Federal Council clarified the bill from a content and linguistic viewpoint, ensuring in particular that the cantons are more involved in the preparation of mutual agreement procedures.

Billion Dollar Tax Haven Battle Heads to Canada’s Top Court

The appeal court’s decision provides a road map for companies seeking to avoid paying taxes by parking assets offshore, the agency’s application to the top court said.

Andersen Global Extends Coverage in St. Kitts and Nevis

This collaboration will allow us to take our client service to the next level and expand our reach more broadly.

Cyprus revises VAT for yacht leasing scheme

In all the other instances where the aforementioned do not apply, the leasing will be considered as a supply of services.