- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

HMRC collects record £5.1bn in inheritance tax

What upsets people is that this is wealth that is being taxed twice.

EU proposes tax transparency rules for intermediaries

Intermediaries including accountants and tax advisers potentially face tough new transparency rules after the European Commission seeks to curb tax avoidance schemes

Accountants face fines for aggressive corporate tax planning under draft EU law

The proposal will need the approval of the European Parliament and all EU states to become law

EU pushes for reporting of offshore set-ups

Draft proposal to clamp down on aggressive tax planning schemes

Malta PM will quit if 'shred of truth' in tax charges

Muscat went to the polls a year early after his wife was implicated in one of a series of alleged corruption cases arising from the Panama Papers data leak

Cristiano Ronaldo accused of tax evasion

The world's highest-paid sports star had previously said he was not worried about tax investigations as he had nothing to hide.

Deloitte integrates Gibraltar operation into its UK entity

As an area of special interest leading into upcoming Brexit negotiations, the territory been the cause of constant controversy throughout 2017

UK and Kyrgyzstan sign double taxation agreement

The treaty follows the OECD Model Convention in many respects.

Advisers reveal how they are mitigating IHT for clients

Of the financial advisers surveyed, 63 per cent view IHT planning as an important part of their services, and 36 per cent believe it will become more vital over the next two years.

Dutch Notaries Used as Pawns to Set Up Structures to Avoid Tax

Trust Bloomberg BNA's Premier International Tax offering for the news and guidance to navigate the complex tax treaty networks and business regulations.

Germany lost €32 billion to bankers in 'biggest ever tax scandal': report

These deals are estimated to have cost Germany €24.6 billion since 2001, according to Spengel.

What To Know About Property Tax in Portugal

Portugal is one of their preferences, but they want to know more about the tax system.

Ireland’s Double Tax Treaties to be Amended Under Unprecedented MLI

Although it is unclear at this stage when the changes will apply from, the very earliest date from which the changes are likely to apply is 1 January 2019.

Cordium helps wealth and fund firms fight tax evasion

The solution from the governance, risk and compliance provider is designed to help wealth and fund firms adapt to new requirements of the Criminal Finances Act

Recent HMRC systems errors raise concerns about Making Tax Digital

Two recent cases in which HMRC’s inability to present a clear and unambiguous case to the taxpayer and subsequently to the tribunal have led to a loss of tax and/or penalty which would otherwise be due. If these errors are down to HMRC’s IT sy

Wealth managers face $1.1trn outflows on tax avoidance crackdown

It’s a continuation of the overall challenges that the industry is facing

U2, Rolling Stones business rep called to Dutch tax haven committee

The Netherlands is ranked third in Oxfam’s annual list of the world’s top 15 tax avoidance centres

First Space-Based 'nation' could 'spur off-planet tax havens'

This potentially opens the door to off-planet data and tax havens, according to filings obtained by Motherboard, and represents an important step towards the group's proclaimed goal of starting a private nation in space.

Nations agree corporate tax avoidance crackdown

Deal to abolish ‘treaty shopping’ hailed as a turning point

Declare offshore wealth? Russia tycoons would rather ship themselves off shore

No official data has been made public on how many people have given up Russian residency to escape the law