Managers of Wealth Offshore

Denmark bans tax haven companies from accessing coronavirus bailout money – will other countries follow?

As companies ask for public funds to stop them going bust, some are facing scrutiny over how much – or how little – tax they pay

Tax and Fiscal Policy in Response to the Coronavirus Crisis

It also outlines the major policy reforms that will be needed to prepare for restoration of public finances.

Cayman’s Tax Neutral Model Explained

How Cayman’s tax neutral model provides for greater transparency and information exchange, without eroding other countries’ tax bases.

OECD issues welcome guidance on tax treaty issues arising from the COVID‑19 crisis

This may change the tax treatment under the applicable treaty due if, for example, the number of days that a worker may work outside the country of employment is reduced.

Russia notifies Luxembourg, Malta about dividend tax increase

Changes will not affect interest gains paid on Eurobond loans, bond loans of Russian companies and loans extended by foreign banks, according to Russia's Finance Ministry

Luxembourg introduces transfer pricing documentation requirement for controlled foreign company compliance

This calculation should be made by reference to the transfer pricing rules of articles 56 and 56bis of the Luxembourg income tax law.

Mauritius – tax measures in response to the coronavirus (COVID-19)

All penalties or interests will be waived in the following cases:

Crumbling Economies Must Tackle Tax Evasion To Meet Coronavirus Crisis, Experts Warn

The pandemic has highlighted global reliance on digital and pharmaceutical behemoths, and at the same time should shine a spotlight on their tax behavior, said Rasmus Corlin Christensen, a researcher with the International Centre for Tax and Development.

Branson Shifts $1.1 Billion Galactic Holding Between Tax Havens

Branson spokesperson says this is an internal reorganization

FATCA, 10 years on

Canadian financial firms must now provide complete tax data on their U.S. clients as the IRS tightens reporting rules

World Tax Advisor, featuring special COVID-19 section

These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.

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

The global economy, as one commentator noted, is going into cardiac arrest.

Private equity in Italy: The tax effects of leveraged buyouts

Daniele Carlo Trivi and Luigi Belluzzo of Belluzzo International Partners analyse recent European legislative tax changes and explain how this will impact private equity activity.

Panama introduces a Beneficial Owner Register and extends the Tax Amnesty

For new legal entities the resident agent should register the UBO information within 30 days of incorporation.

Luxembourg Parliament votes in favour of tax, anti-money laundering rules

New laws include reporting obligations on cross-border tax arrangements, new state fund to buy buildable land for housing

Tax Rules Relating to Cross-Border Relocations to Switzerland

Silvia Zimmermann and Jonas Sigrist, of Pestalozzi Attorneys, consider the tax rules for cross-border re-locations to Switzerland in the context of the Swiss corporate tax reform.

24 Tax Scams to Watch Out For

The scams can be simple or extremely elaborate.

Taxing the untaxed VI: What are tax havens and why they matter to India

Tax havens are increasingly being used for tax avoidance and other purposes; most of India's FDI inflows and outflows also are routed through them and should be a cause of concern

COVID-19 Luxembourg Tax Administration Emergency Support Measures

On 17 March 2020, the Luxembourg tax administration released a newsletter which details support measures for Luxembourg taxpayers who may be impacted by the COVID-19 pandemic.

Italian Authorities Threaten Tax Evaders With Big Data

All actions are aimed at forcing tax evaders to reduce the volumes of tax evasion.