09/25/2018
EU tax haven blacklist blocks just 1% of financial secrecy services threatening EU economies
On average, EU member states have put in place treaties that give their tax authorities power to retrieve some information in respect of 82 per cent of the financial secrecy services facing their countries, according to the Tax Justice Network’s res
09/21/2018
HMRC has been issuing large numbers of warning letters both to taxpayers and their advisors
09/21/2018
Spain mulling tax breaks for financial services crossing the border
09/20/2018
A year after the tragedy of Hurricane Maria, the 51st state has become the favorite playground for extremely wealthy Americans looking to keep their money from the taxman.
09/19/2018
While the socialist government does not want to use its veto, agreed during Brexit talks last year, to lay claim to the sovereignty of Gibraltar, it does want to secure concessions.
09/18/2018
The London law firm’s International Trust Advisory Group is headed by Jonathan Riley, Jennifer Ridgway and Sara Chisholm-Batten, who will all be in Cayman for the event.
09/16/2018
The Roadmap also confirms the expected timelines for the implementation of these changes.
09/13/2018
NTS to expand probe into offshore tax evasion
The NTS has so far not just targeted conglomerates and their owner family members, but has expanded its investigation into groups with high spending patterns whose revenue sources are unclear.
09/13/2018
Swiss parliament approves corporate tax overhaul
Business lobby group Economiesuisse welcomed the decision which it said would solve one of Switzerland’s most pressing problems.
09/13/2018
Canada, Others, Taking New Steps to Thwart Global Tax Evasion
The AEOI is designed to shine a new light on “offshore” investments and bank accounts, as it requires countries to automatically and annually exchange financial account information of non-residents with the account holder’s country of re
09/11/2018
Half of U.S. foreign profits booked in tax havens, especially Ireland: paper
The research was made possible by the U.S. tax cut in December 2017 that contained a mandatory repatriation of profits, which allowed researchers to calculate the final tax bill for the companies.
09/11/2018
US tax reforms ‘narrowing Bermuda’s relative advantage’
It quite substantially reduces the incentive of insurers to reinsure cede business from the US to Bermuda.
09/11/2018
More than 1,700 financial firms in Hong Kong share customer information with authorities in global tax evasion initiative
City will send information annually to local tax authorities in 50 jurisdictions with which it has agreements, with first exchange set for this month
09/09/2018
Pan-European tax fraud web leads to New Jersey and Dubai
A handful of conspirators teamed up to steal from European taxpayers, aided by a little-known German bank.
09/09/2018
Dubai Papers: French media unveils UAE based International Money Laundering network
The Helin Group has no internet presence.
09/05/2018
Additional filing requirements were written into the Foreign Account Tax Compliance Act, more commonly called FATCA.
09/04/2018
Policy makers in Beijing are working to reform the income tax system
09/04/2018
Campbell Dallas says those who fail to declare earnings potentially face standard penalty of 200% of underpaid taxes plus a surcharge of 50% for deliberate avoidance
09/03/2018
122 jurisdictions, including Australia, currently participate in the Convention.
08/31/2018
Indian prime minister withdrew high value rupee notes from circulation in 2016