Managers of Wealth Offshore

Minister's proposal of corporate tax reforms causes strong reaction from Cyprus business community

It will also scrap an annual fee of 350 euros paid by every company, and stamp duties.

Tax authorities present rich Belgians in Monaco with €100 million bill

The charge is not an easy one to prove

Rex Patrick wants Cayman links disclosed

"The ATO has advised that it is unable to use client data to identify the numbers of Australian companies to the level of specificity or accuracy required to answer these questions," Mr Frydenberg told Senator Patrick in a series of written answ

The OECD Forum of Harmful Tax Practices grants 11 offshore jurisdictions ‘not harmful’ status

The overall intent was to create a ‘more even playing field’ between highly-attractive regimes and countries with more modest fiscal advantages.

Italian tax authorities ask for information on UBS clients

The bank is facing two separate investigations in Italy and a court case in France over allegations it enabled cross-border tax cheats to hide assets in Switzerland.

HSBC agrees to 300 million euro settlement of Belgian tax case - prosecutors

The prosecutors also said that the bank had made and committed to a significant overhaul of its practices to counter financial crime risks following the allegations.

More South Africans exploring moving money offshore - tax expert

"Many mentioned that discussions regarding land expropriation without compensation has led them to feel that their investments in South Africa are no longer secure."

Unwinding Tax Consequences- Still just for Trusts...Just

In the latter case, the Court will scrutinise with great care exactly what it is asked to do bearing in mind that it is no part of the Court’s function to facilitate foreign tax avoidance'.

Former users of US offshore disclosure programme now at risk of follow-up examinations

Now the IRS intends to find taxpayers who used OVDP, but have since fallen out of compliance, and will use its audit-based tools in order to bring them back into compliance.

Global Forum on tax transparency reveals new compliance ratings for nine jurisdictions

These reports are part of the second round of Global Forum reviews, which assess jurisdictions against the updated standard

Tax Haven Crackdown Catches Asia Hedge Funds in Its Crosshairs

Funds that use Cayman investment managers will be impacted

Hong Kong Hedge Funds Caught in Tax Haven Clampdown

Hong Kong hedge funds are particularly affected because they use Cayman investment managers, while offshore management companies have been less popular among European managers in recent years, according to Bloomberg.

Luxembourg’s government formerly approves new Double Tax Treaty with France

The treaty had been signed by both countries in the spring of 2018

Tax laws of 12 low-tax countries ‘don’t harm other countries’, says OECD-led 131 country coalition

The premier encouraged tax administrators to share their respective experiences and try to come up with a regional collaborative framework to address these challenges.

Grand Theft Tender? How €56bn went to tax havens

Countries officially blacklisted or greylisted as tax havens by the EU.

Jeffrey Epstein Wealth Boosted by Virgin Island Tax Breaks

By, possibly, 90%.

Jersey’s Domestic Legal Framework and Tax Regime Receives OECD Support

This latest endorsement follows the introduction of new substance legislation by the Jersey authorities last year which successfully met the requirements of the EU Code of Conduct Group.

Tax Treaty Updates: New treaty protocols ratified by Senate - Deloitte

The new treaties/protocols address various topics, including withholding taxes on transactions between US and foreign companies, and taxation of both individual and corporate taxpayers to avoid double tax situations.

Tax Treatment Of Investment Funds In Ireland - IFA 2019 National Reports (Cahiers)

Andrew Quinn, Head of Tax, and Lynn Cramer, Tax Partner, of the Maples Tax Group are Irish National Reporters for the prestigious and long running International Fiscal Association (IFA) 2019 Reports (Cahiers) and Annual Congress 2019.

Mauritius Leaks Explained: How archaic tax treaty allowed island nation-based offshore firms avoid taxation in India

The modus operandi — which may arguably be by the book — thrived on Mauritius' opaque financial laws devised to facilitate the State turning into a haven for offshore firms, the large amount of one-sided "tax treaties" the count