Managers of Wealth Offshore

Guernsey set to make corporate taxation reforms

The businesses community in the island is due to be consulted as part of the drafting of the new legislation.

Reminder for Islanders to file paper tax returns

If anyone is having difficulty with their tax return, please ask for help before the deadline.

Billionaire Tax Rejected by US Causes Split Ahead of G-7 Meeting

The United States has pushed back on a global minimum wealth tax on billionaires.

SL proposes 10% levy on annual profits of global tax evasion assets

The annual profits are estimated at US $ 1.4 trillion per annum.

Fairness, Transparency, and Enforcement: FACT’s Principles for Taxing U.S. Multinational Corporations After 2025

To preserve popular tax cuts for low and middle-class earners, Congress will look to offset with other revenue sources, including improvements to how multinational corporations are taxed.

Tax expert warns local French property owners of double taxation risks

Wealth tax is also a consideration, as France remains one of few countries to enforce it albeit on real estate assets only, including any owned indirectly.

Joint statement by the three Crown Dependencies

The Ministers agreed that working co-operatively and openly with each other on topics of mutual interest benefits all three Islands and should continue.

French property owners warned over double tax risk

Wealth tax is also in play as its applied on real estate in the country, including properties owned indirectly, if their value exceeds €1.3m. In these cases, returns must be filed.

MS Re records $93m corporate income tax provision

The combination of favourable market conditions and our own client-focused, portfolio approach allowed us to achieve our five-year turnaround goal in just three years, growing our book while continuing to improve the quality of our business.

Islands agree to align tax standards

The ministers who held this week's talks remotely, also agreed that working openly and co-operating with each other on topics of mutual interest benefited all three islands and should continue.

Eye watering Rich List shows why we need a wealth tax

A wealth tax could raise billions for public services

Two rising stars of Rosscot Accountants achieve ACCA qualification

The ACCA qualification is a rigorous process that requires a huge amount of commitment.

ACCA wins UK award

ACCA is named Accountancy Body of the Year at PQ magazine awards

Switzerland Cracks Down on Crypto Tax Evasion with Upcoming AEOI Expansion

This decision will make Switzerland more internationally aligned with other countries in the effort to handle digital tax evasion.

EU states agree on faster tax refunds for cross-border investors

This refers to a cross-border investor paying tax on dividends and interest on bonds in the EU state where the instruments are listed, and again back home.

Nearly 40% of dirty money is laundered in London and UK crown dependencies

Deputy foreign secretary urges Cayman and British Virgin Islands to implement UK law requiring public registers of funds

Offshore asset clampdown: 48% rise in foreign tax authorities’ disclosures to HMRC about UK taxpayers since 2019 Pinsent Masons report

Financial institutions within participating jurisdictions are required to identify customers who have been recorded as tax resident in the UK with bank accounts or other financial assets held in that participating jurisdiction.

Tax