Managers of Wealth Offshore

Final Rules ‘Imminent’ on Foreign Income Tax Opt-Out

Sutton spoke at a conference hosted by the D.C. Bar on Thursday.

Tax Chiefs Combine Forces In Global Tax Evasion Fight

The “coordinated day of action” involved evidence, intelligence, and information collection activities such as search warrants, interviews, and subpoenas.

Global Tax Crackdown Targets Central American Financial Firm

Each country is expected to take criminal, civil and regulatory actions as the investigation grows.

Bermuda: Amended legislation and final guidance on economic substance released

Notably, the changes that are now in effect were made following discussions and consultation with the EU’s code of conduct group and the OECD.

Curaçao: New tax legislation introduces territorial tax system

The new legislation is effective as from 1 January 2020.

How 237 Maltese taxpayers got off the Panama Papers hook

The police never carried out a comprehensive probe

The Growing Influence of the EU in the Tax Affairs of Members States

In an expert chapter in ICLG's Corporate Tax 2020 guide

UK Opens $130,000 Contract to Catch Crypto Tax Evaders

HMRC is one of the UK’s largest organizations, with 60,000 full-time equivalent staff working to collect taxes.

Beware the hidden tax pitfalls of divorce

Tax will not be the priority on divorce

HRMC has more staff chasing benefit cheats than wealthy tax dodgers

While people falsely claiming benefits costs the taxpayer £2.3billion a year the rich are ripping us off for up to £120billion.

British Tax Havens to Share Data With Russian Authorities

The sharing of financial information is in the spotlight as Russia has lifted restrictions on its citizens holding overseas bank accounts.

The Loan Charge – finally some good news for tax payers

Many saw the Loan Charge as being grossly unfair, citing examples of employees who were told they would not be employed if they didn't accept payment via loans, numerous cases of miss-selling to unrepresented employees and even suicides of employees

A report on 'International Tax Enforcement: Disclosable Arrangements'.

A report on how the power in Finance Act 2019, which enables regulations to implement Council Directive (EU) 2018/822, will be used in different EU Exit scenarios.

'Arctic Monaco' tempts wealthy Norwegians with tax breaks

Since this January, moneyed inhabitants of the Bo region of Vesteralen pay less than half of the national wealth tax — 0.35% of their total holdings rather than 0.85%.

French government to scan social media for evidence of tax evasion

Human rights groups and the French data protection authority had expressed concern over the moves.

Belgium gets more aggressive on tax evaders

A total of 609 regulations were introduced in 2019, most of them targeting tax evasion, for instance involving a failure to declare capital income to the tax man.

The Loan Charge – finally some good news for tax payers

Following the introduction of the Loan Charge in 2016 all such loans taken out since 1999 and remaining unpaid on 5 April 2019 became immediately subject to tax on that date.

Taxing Times at HSBC

The bank entered into a Deferred Prosecution Agreement with the Justice Department and paid a penalty of $192 million.

2019 Tax Law Update: Highlights Of Spending Package's Tax Law Changes

Some of these extensions might open up year-end tax planning opportunities if you can act before December 31.

Google to stop using Bermuda tax scheme

"Consequently, the company's turnover and associated expense base generated from licensing activities will discontinue as of this date."