Managers of Wealth Offshore

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."

Netherlands: What Does The New Approach Of Horizontal Tax Monitoring Mean For Your Company

The tax authorities will discuss the exact changes of HTM with companies in the coming period.

How Big Companies Won New Tax Breaks From the Trump Administration

As the Treasury Department prepared to enact the 2017 Republican tax overhaul, corporate lobbyists swarmed — and won big.

ATAD 2 and expiry of tax rulings issued prior to 2015 passed by the Luxembourg Parliament

The Luxembourg Parliament also passed the 2020 Budget Law confirming the expiry of the tax rulings issued by the Luxembourg tax authorities before 1 January 2015 after the end of the 2019 fiscal year.

Bermuda’s status as safe harbour for insurers under threat

Scrutiny of tax havens and a wave of consolidation are testing an industry that is a mainstay of the island’s economy

Seeking a more stable tax haven?

William Sweeney, senior manager in the tax technical team at accountancy firm, Menzies LLP, discusses options for international investors.

Corporate Tax Avoidance Is Mostly Legal—and That’s the Problem

Corporate Tax Dodging Happens Because Congress Allows It to Happen

OECD-wide government tax revenues stall

The main reason for the stalling tax revenues was a 2.5 percentage point decline in the tax-to-GDP ratio of the US

Lawyers say ‘tax haven’ is a dirty word in Panama Papers case

Documents leaked from the law firm form the basis of the International Consortium of Investigative Journalists’ 2016 Panama Papers investigation.

Awkward questions

Tax: a mulled whine?

Hong Kong takes aim at middlemen in wake of Panama Papers scandal

They have many legitimate purposes but can also be used to hide assets and evade taxes.

Isle of Man to hire hundreds of accountants in 2020

The island currently hosts offices for the Big Four, Grant Thornton, and Baker Tilly, among others, as well as many well-established small firms focusing in accountancy, audit, taxation and more.

Inside the First Global Standard For Tax Transparency

ax income is essential for governments to fund infrastructure and services—

Guidance on ATA renewal procedure published

The ATA provision of the 2020 draft budget law is still subject to approval by the Luxembourg parliament.

Sting in the tail for Spanish property buyers

Pressure now on UK tax advisers as they have a legal obligation to ensure clients are fully compliant

Grant Thornton in the Cayman Islands raises over $10,000 for charities

"We are delighted to have exceed our 2018 fundraising total of $5,000 to continue helping local charities."