11/05/2020
Colombia: Wide and ‘Patchwork’ Taxation of Offshore Indirect Transfers
The Treasury recently issued regulations in August 2020 (Decree 1103 of August 10, 2020).
11/05/2020
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."
11/05/2020
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.
11/04/2020
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.
10/30/2020
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.
10/30/2020
This collaboration will allow us to take our client service to the next level and expand our reach more broadly.
10/30/2020
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.
10/28/2020
Deloitte’s Channel Island Debt Fund Services team has won the Best Audit Service Award at the annual Alt Credit Fund Intelligence European Awards for the second consecutive year.
10/20/2020
The customers of Euro Pacific are advised to create accounts using front companies in other tax havens, creating a web of arrangements that are difficult to trace.
10/16/2020
Payments made to or by individuals are not within scope.
10/16/2020
The Pillar One blueprint sets out “building blocks” for potential future international agreement on rules for taxable presence (nexus) in countries and profit allocation between countries to address tax challenges arising from digitalization.
10/16/2020
Federal prosecutors said Robert T. Brockman had used a web of entities based in Bermuda and Nevis, as well as secret bank accounts in Bermuda and Switzerland, to hide $2 billion in income from the I.R.S.
10/15/2020
Smith to cooperate, admit misconduct but won’t be prosecuted
10/14/2020
The row with Vodafone on its offshore deal acquiring Hutchison Essar has implications beyond the legality of retrospective taxes
10/14/2020
he OECD’s blueprints, which also lack political agreement to proceed, have drawn harsh criticism from leading economists and tax experts.
10/13/2020
The amendments principally affect the minimum withholding tax rate on dividends and interest paid from Russia.
10/13/2020
A Jersey company may make a distribution from a wide range of sources, not merely from distributable profits.
10/12/2020
The British Virgin Islands, considered by anti-corruption and anti-money laundering groups as one of the murkiest financial centres in the world, was the last to join, but has finally done so.
10/12/2020
This update considers the impact on certain tax reporting and other tax measures in Ireland and Luxembourg.
10/09/2020
This is part of an annual exercise since 2017 when Switzerland decided to implement a global agreement aimed at preventing tax evasion.