Managers of Wealth Offshore

ECLAC Reiterates call to reduce Tax Evasion in LAC

It adds that that tackling the high level of tax incompliance and illicit financial flows in the region is “more necessary than ever.”

Like Multinational Companies, Africa's Richest Are Hiding Wealth And Avoiding Taxes

The September 2018 AfrAsia Bank Africa Wealth Report says the total individual wealth held in Africa amounts to US$2.3 trillion.

Switzerland: Distance Selling Update

Other consignments into Switzerland are not considered in the assessment of the VAT threshold for e-commerce businesses.

Media Blackout as Israel’s Largest Banks Pay Over $1 Billion in Fines for US Tax Evasion Schemes

The settlements are the end result of a series of Department of Justice (DOJ) probes that were related to the DOJ’s 2007 investigation targeting UBS AG, Switzerland’s largest bank.

How shadowy tax havens skirt conservation efforts

Dark money foreign investments may bankroll deforestation and overfishing

Advisers risk 'sleepwalking' into criminal prosecution

A company has a defence to the offence if it can demonstrate a system of "reasonable procedures that identifies and mitigates its tax evasion facilitation risks".

Treaty to ‘dodge Kenyan tax’ deemed unconstitutional

“Today’s judgment validates our call for African countries to review all their tax treaties particularly those signed with tax havens.”

GSD says tax treaty is ‘intrusive, harmful and politically inexplicable’

“It is, once again, another bad deal which is being given the hard sell by the Government.”

Many offshore havens more compliant than the UK

There are no HMRC figures on how much tax is lost to the UK’s coffers in this way, but estimates put it in the billions.

Luxembourg tax reform for 2019: Part II

For a Luxembourg company with profits exceeding EUR 200,000, the aggregate tax rate will decrease to 24.94%[1] from 26.01%.

Raising corporation tax may seem like a vote winner, but it makes all of us poorer

The wrongdoing he had in mind is money laundering and tax evasion.

IEA says attacks on tax havens undermine competition and privacy

IEA release report on offshore financial centres

The Bahamas avoids EU’s blacklist

Ministry of Finance: Blacklist avoidance sends a “strong signal”

Cayman dodges tax list but pressure persists

Officials from the Cayman Islands Ministry of Financial Services said that government was pleased Cayman was not on the black-list

Israeli bank to pay $195M for US tax-avoidance scheme

The bank agreed to pay the government $53 million in restitution

How One Tax Haven Is Rerouting The Sea And 4 Others Adding Territory To Increase The Number of Homes

There are several dozen countries that have varying degrees of low or no taxes for foreigners or offshore corporations.

US warns of WTO action over 'discriminatory' new digital taxes

That overhaul is expected next year at the earliest, assuming a consensus can be reached among the 127 countries taking part in the talks.

Taxation: Council revises its EU list of non-cooperative jurisdictions

The list, which is part of the EU's external strategy for taxation as defined by the Council, is intended to contribute to ongoing efforts to prevent tax avoidance and promote tax good governance worldwide.

No Safe Havens 2019

HMRC’s strategy for offshore tax compliance.

EU blacklist: Burt prepared for any outcome

Reuters reported that Britain had at first pushed other EU states not to include Bermuda on the list of jurisdictions said to be not co-operative on tax matters.