Managers of Wealth Offshore

U.S. Companies Have Stopped ‘Repatriating’ Offshore Profits

The tax changes passed at the end of last year eliminated most taxes on profits earned abroad.

Cyprus, UK sign double taxation deal on government service pensions

“The new UK-Cyprus Double Taxation Agreement is important because of our already strong trading links and close people-to-people links, which we hope to grow further in the future,” Lillie said.

Double taxation treaty: Was the Swiss govt influenced for early ratification or not?

Swiss authorities concerned when approached by The News said, “The ratification of the new Double Tax Treaty with Pakistan was done in the procedure usually to be followed according to Swiss constitutional law.”

Paradise lost: papers leak nets Irish Revenue just €400,000

Inquiry letters were issued in over 100 cases

Revisions to Guernsey's income tax law: company residency

Update prepared by Caroline Chan (Partner, Guernsey), Darren Bacon (Partner, Guernsey) and Frances Watson (Partner, Guernsey)

Offshore tax-haven firms bag £18m of public money for Glasgow property developments

The Sunday Mail can reveal companies registered in the Isle of Man and Jersey were given publicly funded loans by the Scottish Government.

Shakira’s tax-evading Maltese company costs her millions more in fines

The shell companies were allegedly used “with the sole objective of hiding the income and assets of the defendant from the Treasury”.

Court order trips tax hounds in hunt for secret foreign assets

This provision in the law applies to income that was earned in India but on which no tax was paid.

EU’s Expanded Tax Haven Blacklist Could Apply to U.S.

The standard calls on countries to obtain information from their financial institutions and automatically exchange it with other countries every year.

Tax treaties create $4.2 trillion cash flow through Netherlands

The main reason for multinationals to create a special purpose vehicle in the Netherlands is to lower their tax bill as far as possible", the researchers said, repeating a charge frequently made by tax fairness advocates.

Monaco’s tax lure endures as UK billionaire plots move

The principality doesn’t apply any annual property, capital gains or council taxes.

Revised Tax Bill Would Help Private Equity Firms, Multinationals

More tailored approach to target post-inversion transactions for dodging U.S. taxes

Denmark’s Tax Agency Targets 2,700 Nationals for Hiding Bitcoin Trades

Karin Bergen, the directorate at SKAT, confirmed that they are reviewing the figures as of now and will go after every individual that ignored to mention their offshore bitcoin trades.

China's Rich Rush to Shelter $1 Trillion From New Taxes

New tax rules will apply to overseas holdings from Jan. 1

One Year Later: The Impact of the Tax Cuts and Jobs Act

We are just beginning to see the economic effect of the TCJA, passed in December 2017, but tax cuts are among many factors influencing U.S. investment decisions.

Rappler’s Maria Ressa posts bail for tax evasion

The DOJ lodged the tax evasion cases against Ressa over RHC’s alleged “failure to supply the correct and accurate information in the corporation’s quarterly value-added tax return for the second quarter of 2015.”

Exempted companies to operate locally

With the proposed legislation, the Cayman Islands government is reacting to pressure from the European Union, which considers parts of Cayman’s tax regime as harmful.

Australian Taxation Office contractor has history of bankruptcy and links to tax havens

Stellar has benefited from contracts worth more than $150 million from the ATO since 2012.

Nigeria Targets Offshore Tax Assets

The minister revealed this in Abuja at the third annual conference on financial fraud, electoral fraud and cross-border crime organised by Forensic Insight and the Nigeria Police Force.

Corporate tax haul ‘has echoes of Tiger era’

The haul from a single tax source “has echoes of the Tiger era”, said Alan McQuaid, chief economist at Cantor Fitzgerald Ireland.