Managers of Wealth Offshore

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.

Seychelles to reform tax rates after OECD report

Currently, business tax rates on profits vary between 15% for the tourism, agriculture and fisheries sector; 25%-30% for small- to medium-sized businesses; and 33% for the largest businesses.

Trinidad: Bankers want MPs to pass tax bills

The automatic exchange of information can inform countries of their residents' wealth concealed offshore to escape tax.

Norway’s SWF manager speaks out against excessive tax avoidance

They said NBIM welcomed the OECD’s objective of addressing existing incentives for companies to shift profit geographically for tax purposes.

The Offshore Tax Haven is Dead. Long Live the Tax Haven.

The truth is, it is much harder to hide your money and remain anonymous in some forgotten corner of the world.

Tax legislation enacted, including changes affecting Labuan entities

Labuan entities carrying on a Labuan business activity that is a Labuan trading activity generally are taxed at 3% of their net audited accounting profits

Nordic funds shun Cayman after blacklisting

With Cayman Islands on the list we will not invest in the jurisdiction going forward"

UN forms panel to help battle tax evasion, money laundering

The panelists will meet in regional consultations, convene experts and stakeholders from across all sectors and explore new analyses of the issues and solutions.

Foreign nationals and the taxman

Certain tax obligations pertain to foreign nationals on home payment arrangements, whether partially or in full, and to those who come to the Philippines as short-term business travelers.

Ireland's tax rules 'used for aggressive tax planning'

It also says these payments may end up being taxed at "a very low rate or escaping tax altogether".

The World’s Biggest Tax Haven Lurked Behind A Dos Santos Penthouse

As scrutiny of her business empire increased, African billionaire Isabel dos Santos turned to one of the world’s most secretive tax havens to conceal a $1.8 million luxury apartment.

OECD Shares Tech Tools To Boost Tax Compliance, Data Swaps

In light of the ongoing implementation of TRACE by Finland and the interest of other jurisdictions to follow suit

The World’s Biggest Tax Haven Lurked Behind a Dos Santos Penthouse

In its annual “financial secrecy index,” released last week, the Tax Justice Network ranked the U.S. as the world’s second-most secretive jurisdiction, behind only the Cayman Islands.

Cayman Finance Response to Tax Justice Network Financial Secrecy Index 2020

The Cayman Islands would not be highly ranked on any secrecy index that is objective, transparent, and based on standards established by global standard setting bodies.