Managers of Wealth Offshore

IRS warns of looming deadline for US offshore amnesty

In the announcement, the IRS encouraged taxpayers who need to disclose non-compliant and unreported foreign accounts and assets to come forward before the September deadline.

Former Oswal adviser hit with $34 million tax bill over offshore deposit

The tax office assessed the tax liability based on the transfer of $US21 million from Oswal-linked Maruti Holdings to the Luxembourg bank account of Virgin Islands-entity Sinclair Strategies in 2006-07.

HMRC tells Brits to declare overseas earnings in tax evasion crackdown

"We will continue to relentlessly crack down on those not playing by the rules,” Stride said.

Mauritius IFC a tax complaint jurisdiction, says its Eco Development Board

In June 2015, Mauritius signed the OECDs' Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

KOREA: Tax office to crack down on offshore tax evasion

Offshore tax evasion has been on the rise in recent years

Former Rangers players and managers face paying millions of pounds to taxman

BBC Scotland says a letter sent earlier this month by Trident Trust, a Jersey-based company has issued warnings.

Saint Lucia’s Bankers Brace for Change

Global tax bodies are ramping up regulatory pressure. Is Saint Lucia ready or will it find itself back on the EU blacklist?

Do you have an unforeseen exposure to UK inheritance tax?

To avoid their worldwide assets falling within the scope of UK inheritance tax, that individual would need to cease being UK tax resident during their fourteenth year of residence in the UK.

HMRC in fresh warning to overseas bank account holders

Information about penalties and other sanctions, ways of making a correction under the RTC rules and information you must supply when making a disclosure that no tax is due have been updated.

EU backs Gibraltar’s tax transparency measures

The EU Commission says Gibraltar’s financial services industry is not ‘harmful’ to other EU tax regimes

Global corporates shifted $616 billion in profits to 11 tax havens

The documents revealed a web of secretive offshore tax regimes

UK taxman does Monaco roadshow in tax avoidance crackdown

HM Revenue and Customs is doing a roadshow in Monaco to raise awareness of two major changes to UK tax legislation.

Hong Kong wealthy save millions using property tax loopholes

Tax revenues took HK$9.4bn hit since 2010

Britain’s richest person & Brexiteer quitting UK for Monaco to save tax on £21bn fortune

The impending move for Britain’s wealthiest person will no doubt come as a surprise, particularly to fellow ardent Brexiteers

The rise of the bean counters

Veteran consultant Andrew Wileman reviews Richard Brooks' book Bean Counters: The Triumph of the Accountants and How They Broke Capitalism.

How ex-pats could still be hit by a HMRC tax bill

Understand the complexities of a client's tax position if leaving the UK

Guernsey private wealth adviser in MBO

“The BDO experience will remain consistent and focused on delivering exceptional service to all of our clients in Guernsey, wherever they’re located."

Cyprus targets tax avoiding letter-box companies

These guidelines are due to be incorporated into the Central Bank’s Anti-money Laundering Directive in the near future.

Common Reporting Standard: anti-avoidance measures

Compliance with the CRS is not a choice; it’s an obligation. And the penalties for non-compliance are severe.

Aztec Group promotes 113 employees

The promotions came into effect on 1 July, with nearly 15% of our workforce being recognised and rewarded.