Managers of Wealth Offshore

India, Brunei sign pact to exchange information on tax, banking matters

The agreement also provides for mutual assistance in collection of tax revenue claims between both countries, according to an official statement.

Alfred Cannan defends tax cap rise for the rich

The tax cap is rising from £150,000 in 2018/2019 to £175,000 for 2019/2020.

Bermuda: Private Client tax laws and regulations

There is no income tax or capital gains tax in Bermuda.

Guide to Establishing Hedge Funds in the Cayman Islands by Piers Alexander

A hedge fund is typically open-ended, that is investors can make periodic redemptions.

HMRC denies letters amount to bullying

We are writing to customers where HMRC has information that shows they have an account or investment overseas

Accenture paid £150m to settle Lux Leaks tax dispute

This was in regards to Accenture’s tax treatment of an intercompany transfer of intellectual property in August 2010

Europe’s Wealth Tax Failed. Why Do American Democrats Think It Will Work Here?

Such taxes used to be common in Europe, a place many Democrat socialists like to point to in order to try and sell their policies.

Grant Thornton Awarded Prestigious Global Honor

The Isle of Man is home to a number of quality firms and competition for such prestigious titles are fierce, so it’s great to see our wide-ranging services recognised as superior by an independent judging panel.’

Taxman accused of bullying overseas earners with letters

Tax office collects data and has access to people's financial affairs

Seychelles Challenged On IBCs Tax Regime

The letter to authorities in Seychelles was one of six addressed to offshore territories recently by the Code of Conduct Group

EU Urges Switzerland To Secure Tax Reform's Passage

The European Council called for "a swift enactment of the reform."

Podcast: Credit Funds: Withholding Tax on European Investments

Withholding tax has long been the most significant local tax issue on European lending transactions.

EU Demands Belize Remove Harmful Tax Regimes

The Code Group also found that, in general, the Income and Business Tax Act does not impose substance requirements for companies benefiting from the tax exemption.

Nowhere to hide for tax dodgers stashing assets offshore

"Taxpayers actually need money and need to see that their money is well spent (by government) on infrastructure," explains Schneider.

Why hiding wealth is now harder than ever for China's billionaires

China’s highest-paid movie star, Fan Bingbing, was ordered to pay more than $100 million in back taxes and fines in October after a months-long tax probe, sending a deep chill through the domestic film industry.

Help Africa by exposing illicit offshore wealth

If the UK is serious about helping African nations collect the taxes they are due, it needs to press harder on the proposed public registries to reveal all beneficial owners in its overseas territories.

Time to act – Luxembourg’s UBO Register coming into force

All of these registers are designed to contribute to global government efforts to increase financial and business transparency.

South Africa: Net closing in on offshore companies and trusts

EU’s new economic substance requirements legislation targets tax transparency, fair taxation and compliance with anti-base erosion and profit shifting measures

PwC considered quitting Ineos over Monaco tax move

Sir Jim was ranked the richest person in the UK last year, with a fortune of £21bn. Currie and Reece each own 20% of the Ineos.

Pak-Swiss dual taxation treaty: Amended article allows access to banking information

The Swiss government is cooperating with the Pakistani tax authorities and Federal Board of Revenue has already ratified the convention on the avoidance of double taxation between the two countries