Managers of Wealth Offshore

Game over for CRS avoidance! OECD adopts tax disclosure rules for advisors

The new rules also require the reporting of structures that hide beneficial owners of offshore assets, companies and trusts.

Tax haven firms own Scottish property worth around £3 BILLION

Our investigation lifts the lid on the true scale of Scottish land and property held in tax havens around the world.

Europe cracks down on luxury yacht tax dodge, citing Paradise Papers

Practices in Greece, Cyprus and Malta distort competition in the maritime sector, violate EU law “and must come to an end,” he said.

Zuku shareholders help Kenyan revenue office in Mauritius tax evasion case

The three applicants had told the court that they have information that KRA does not have with regard to Bell’s responsibility as the representative of the offshore companies, a position that makes him directly answerable on the suspected tax avoida

EU set to add Bahamas, US Virgin Islands to tax haven blacklist

The grey list includes dozens of jurisdictions from all over the world.

Changes to non-dom tax legislation: an update -

The Finance Bill, which will take effect from 6 April 2018, provides revised legislation regarding the recycling of benefits from offshore trusts via non-resident beneficiaries and the tax treatment of distributions to close family members of the settlor.

Liechtenstein: The mysterious tax heaven that's losing the trust of the super-rich

The tiny principality of Liechtenstein attracts the super-rich for its secrecy and security but, as a bitter legal case shows, there's a price: all legal right are held by the trustees

Move to bring greater diversity to boards

Three companies and organisations have agreed to be the first to invite a “Board Apprentice” to join their boards.

The EU removes another three countries from the blacklist of tax havens

Bahrain, the Marshall Islands, St Lucia has taken “certain commitments” to adapt its tax laws and practices to EU standards.

HMRC warns offshore tax dodgers

Anyone with offshore assets is being warned to make sure they disclose them, or they could face new, tougher penalties.

Israel is ‘one of the world’s most generous tax havens,’ complains tax chief

Amendment 168, also known as the ‘Milchan Law,’ may have attracted tax evaders to Israel, warns Tax Authority director Moshe Asher, who has tried for years to cancel it

Gov’t agrees to meet international tax standards

The premier said the meeting at the Office of the Premier was very fruitful and added that further dialogue is expected in order to satisfy the COCG requirements.

MEPs continue crackdown on tax avoidance

MEPs have taken EU finance ministers to task over their decision to remove eight countries from the tax haven blacklist just one month after it was first published

Maltese MEPs don’t want new tax committee ‘wasting resources’ on Malta’s tax system

MEPs have set up a new committee to investigate tax avoidance practices across the EU: Malta could be a target

New Dutch policy on tax evasion and avoidance published

The specific new legislative rules included in the policy will need to be approved by Dutch Parliament in the next couple of years and are therefore subject to discussion and potential changes.

Offshore companies owning UK residential property - Jordan Trust Company

New UK tax considerations in 2018

Tax havens turn financial black holes

The number of tax havens has also grown with the growth of financial liberalisation and generation of wealth abroad.

Time Running Out For Offshore Tax Dodgers

RTC has no minimum cut-off value, so all taxpayers with unpaid offshore tax need to make a disclosure.

Surprise dip in tax from offshore-held property

HM Revenue & Customs has reported a surprise drop in the annual tax enveloped dwellings (ATED) take, which is payable mainly by companies that own UK residential property valued at £500,000 or above.

HSBC Says Swiss Bank Tax Probe Could Cost More Than $1.5 Billion

The bank paid the French government 300 million euros ($370 million) in November to settle allegations that it helped clients hide assets from local tax authorities.