07/08/2020
Shailendra Sharma discusses an interesting case whereby an indirect share transfer triggered a sale by a Mauritius entity, with assets located in India, and the capital gains tax exemption under the India–Mauritius tax treaty could not be applied.
07/05/2020
Tax havens also have favourable regulations and general ecosystem that makes starting a business easy and profitable.
07/03/2020
The Common Reporting Standard requires countries and jurisdictions to exchange financial account information from non-residents obtained from their financial institutions automatically on an annual basis
07/01/2020
Iain Stewart’s constituency office received more than £50,000 from subsidiaries of companies registered in Belize, Curacao and the British Virgin Islands,
07/01/2020
Uruguay cuts tax residency requirements to attract investors
07/01/2020
The Common Reporting Standard requires countries and jurisdictions to exchange financial account information from non-residents obtained from their financial institutions automatically on an annual basis
06/26/2020
But counting the number of boxes that the EU ticked to remove jurisdictions from its list doesn’t give us the full picture of the listing process’s impact.
06/25/2020
The ongoing COVID-19 crisis will completely end any tolerance towards all forms of tax evasion,” said Maria José Garde, Chair of the Global Forum
06/24/2020
Ava Lee, from Global Witness – an organization that investigates corruption and financial secrecy – weighed in on these findings, suggesting that the anonymity of Scottish property has perpetuated illicit financial flows.
06/22/2020
Further Ferret analysis shows that about 60 per cent of foreign owned property was bought by companies based in tax havens, allowing them to avoid paying tax.
06/18/2020
Boosting businesses to funding freelancers: Here is how Switzerland is tackling its coronavirus-affected economy
06/15/2020
On June 8, the Enforcement Directorate (ED) searched the office of Cox & Kings, the residences of its promoter Ajay Ajit Peter Kerkar and other senior executives
06/10/2020
Jersey has become a jurisdiction of choice for Cash Box transactions amongst our established onshore and offshore legal and tax network as Jersey Companies Law makes redemption of preference shares a quick and simple process
06/08/2020
Finance Minister Edward Scicluna had a lukewarm reaction to the announcement, warning that this could spell trouble for Malta’s fight against tax harmonisation.
06/02/2020
All taxpayers could be paying tax ‘live’ as they earn rather than a year in arrears by next year, the Treasury Minister has revealed as part of a new shake-up of personal taxation rules.
06/01/2020
Measure would apply to dividends paid to countries on blacklist or with tax rate below 9%
05/29/2020
Zagg has booked much of its profit through small companies in far-off Ireland and the Cayman Islands, its filings show.
05/27/2020
In the U.K., for instance, the forecasts already predict the national deficit could rise from 55 billion pounds to 337 billion pounds (around $67 billion to $410 billion) by the end of this year.
05/27/2020
The total compares to HMRC’s use of 60 account freezing orders, covering £8 million, during the previous tax year.
05/22/2020
MSPs vote to prevent such businesses and individuals from using relief funds