Managers of Wealth Offshore

IRS Issues Final Tax Rules for Offshore Corporate Cash

The IRS, which is one of the agencies affected by the shutdown, has a separate budget to work on

Deutsche Bank prosecutors obtain client list during raid

List contains names of individuals and entities mostly located outside Germany

Everald Dewar | A Marriage Aimed At Combating Tax Avoidance, Evasion

Any company in Jamaica can utilise the opportunity of using legal loopholes to shift profits offshore, minimising its taxes by what is widely known as base erosion and profit shifting, or BEPS.

'Ireland needs to prepare for future and give US firms reasons to stay'

Predicting that "it won't last for another 20 years", he said Ireland needed to create "more value added" and give the multi-nationals "another reason to stay".

End To Tax Preferences ‘Bites’ Exchange Control

While there was no mystery about how the Government intended to bring IBCs and the other three named products into compliance with the EU’s demands, he added that “of lesser clarity is the intended effect of the fairly general language”

How tax reform in Costa Rica will affect your business

A 2% tax will be levied on medical products, raw materials and machinery used for production, insurance premiums, purchase and sale of university issued products. Basic food necessities from a specific list will be charged a 1% tax.

Seoul to crack down on offshore tax evasion

Under the change, holders of, or those who have de facto control over an overseas financial account with 500 million won ($446,000) or more in countries with which Korea has no tax treaties, will no longer be able to avoid regular tax filings.

TCI added to Dutch tax haven blacklist

The list will be used in relation to three measures to combat tax avoidance.

Many caught in tax avoidance scheme await final settlement

Around 60% of people affected yet to receive calculations from HMRC

Google stashed billions in offshore tax haven

Tech companies like Google and Apple are well-known users of the strategy, which officials from each of the countries involved have moved to close.

Jersey and Guernsey added to tax evasion blacklist

The ministry says it's just one of the tough measures the country is taking to tackle tax evasion.

Anguilla, other Caribbean islands on tax haven list

The black list will be used in a series of measures to combat tax evasion.

Barbadians given more time for tax amnesty

The ministry has agreed and the authority will be accepting applications until Friday, January 4, 2018.

Poverty, personal debt, profiteering and tax avoidance – The economy in 2018

In 2018, a fifth of Brits remain in poverty

Gibraltar ordered by EU to recover €100m in illegal tax-breaks

This preferential tax treatment is illegal under EU State aid rules and Gibraltar must now recover the unpaid taxes.

Dutch add Guernsey, Belize and Isle of Man to tax evasion blacklist

From Jan. 1, 2021, companies registered in blacklisted jurisdictions will be subject to a 20.5 percent withholding tax on interest and royalties received from the Netherlands.

Simon Cowell blames honours snub on Panama Papers furore

According to Simon Cowell, he's been left off the New Year's Honours list because of his links to the Panama Papers.

IIA takes a fresh look at risk management model

The first line of defense is management’s responsibility to effectively assess risks and to design and implement internal controls to mitigate those risks, according to Chambers.

Luxembourg/France tax treaty likely delayed to 2020

The French Senate approved the tax treaty on 17 December this year, and it has been sent to the French National Assembly for approval.

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.