05/30/2019
The corporate tax avoidance risks and corrosive lose-lose outcomes documented by the new index illustrate that what is often referred to as ‘tax competition’ is more aptly described as ‘tax war’.
05/29/2019
A British government spokesman said tackling tax avoidance was a priority and that the country had "been at the forefront of international action to reform global tax rules".
05/29/2019
For other cases, the DTT provides for a maximum 15% WHT rate on dividends.
05/29/2019
New ranking reveals corporate tax havens behind breakdown of global corporate tax system
The research captures a global corporate tax war waged by the UK through its network of satellite jurisdictions across the world.
05/28/2019
The investigation targeting Hyundai Department Store is regarded as a regular rather than in-depth investigation.
05/28/2019
According to the news site, this figure could increase in the future due to data received by HMRC relating to offshore accounts from jurisdictions such as Bermuda and the Cayman Islands.
05/28/2019
The measure is targeted primarily at large multinationals resident in low tax jurisdictions which are liable for intangible property (such as brands, patents and copyrights) where those amounts relate to the sale of goods or services in the UK.
05/28/2019
The government launched 1,007 prosecutions against individuals for tax evasion offences last year, as the HMRC clampdown on tax evaders intensified
05/21/2019
Kenya Revenue Authority says Sh1 trillion was repatriated by some 16,000 applicants who took advantage of the amnesty window during which they were not required to declare the source of their wealth.
05/16/2019
Deutsche Bank said the investigation was directed against private individuals, not against the company, that it is cooperating with prosecutors and wasn't a target of the current raids.
05/16/2019
HMRC’s strategy for offshore tax compliance.
05/16/2019
HMRC is cracking down on the use of disguised remuneration and contractor loans after winning two tax avoidance cases at the tax tribunal over use of offshore trusts to avoid tax and NICs
05/16/2019
Offshore tax evasion has been on the rise in recent years
05/15/2019
Our article looks at the economic substance requirements.
05/13/2019
Labor's Cayman Islands adventure ignites the base, but business is worried
This time, the shadow treasurer's target was tax havens.
05/10/2019
Finance and accounting are key to international expansion, and bookkeeping, reporting and associated areas can vary widely from jurisdiction to jurisdiction.
05/09/2019
Financial accounts filed with ASIC for Multiplex Pty Ltd report that the construction group paid income tax totalling $26 million for the year ending December 31, 2018 on a profit before tax of $72 million.
05/08/2019
The "VAT carousel" rackets enable criminal gangs to steal millions from the state.
05/07/2019
It is in Finland’s interest that the EU makes a majority decision to combat harmful tax competition and aggressive tax planning.
05/03/2019
A French court in February found UBS guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties.