Managers of Wealth Offshore

Stay aware of US tax resident boundaries

Where are you considered a tax resident? By now, Bermuda residents with any local bank, investment, trust, corporate or other financial accounts should be very familiar with this question.

Caribbean Should Raise Taxes to Fight Evasion: Global Groups

Among the more vocal international groups are the United Nations, the World Bank, the Organization for Economic Cooperation and Development, and the International Monetary Fund.

Gibraltar Marks 25th Year of HNWI Residency Scheme

Holders of Category 2 status are liable to income tax on only the first GBP80,000 of income.

No New Taxes in Antigua And Barbuda Budget

A new entrepreneurial development program will be funded by a charge of 5 cents per minute on incoming calls.

The Bahamas: Clearly Focused

This spirit of cooperation is coupled with the teeth of enforcement, as the enactment of the UK Criminal Finances Act, extends extraterritorial reach to individuals and entities that fail to implement policies and procedures to prevent the facilitation of

Will Smith’s advice on taxes: Pay them!

Smith’s appearance at the Cayman Alternative Investment Summit brought the two-day conference to a close and followed past years of bringing celebrities to Cayman, including Arnold Schwarzenegger and Al Pacino.

Israel, a Leading Tax Haven

Other Israeli citizens are taxed on all their income – whether earned domestically or abroad.

Explain your wealth or have it seized

Despite the picture painted in the BBC’s recent McMafia series, the UK is not necessarily awash of dubious foreign wealth. But what is the UK doing to clampdown on money laundering and increase transparency?

The banking secrecy in Europe is over

Two years later, an automatic banking information exchange agreement with Switzerland was signed, which entered into force in 2018.

Retrial for tax-dodging French ex-minister

The 65-year-old appealed his three-year sentence

Paradise Papers: EU parliament votes to launch tax inquiry

Taxe 3 inquiry marks a further threat from the EU to the UK’s network of offshore tax havens

Man U’s Alexis Sánchez gets suspended sentence for tax fraud

Sánchez is the latest football player to be targeted for tax evasion by the Spanish authorities, alongside similar efforts by the UK’s HMRC to go after high-profile tax evaders and avoiders.

Tax: transparency is the new norm

The proliferation of new regulations worldwide, combined with deliberate data leaks to the media, has placed ever greater pressure on the global wealth advisory industry.

Jersey fares better on secrecy list

JERSEY has dropped two places to 18th on a ‘financial secrecy’ list of jurisdictions compiled by a pressure group that campaigns for fair taxation and transparency.

Regulations, tax court decision change captive landscape

The initiative, which began in 2012, targets multinational companies that use tax planning strategies that exploit gaps and mismatches in tax rules to shift profits to low or no-tax locations where they have little economic activity

Government crackdown on offshore tax cheats brings in a THIRD of the £1billion expected in the wake of Paradise Papers scandal

Changes included agreements with offshore low-tax havens such as Switzerland

Tax