03/23/2017
Change in UK tax laws will affect QROPS
The Chancellor has announced changes that will tax certain QROPS transfers but not tax others.
Tax
03/23/2017
Why becoming a tax haven would be bad news for Britain
Theresa May and Philip Hammond have warned the EU that if they don’t like the Brexit deal, they could turn the UK into a tax haven.
03/23/2017
Whoops! HMRC Does It Again Over QROPS Rules
In an infamous High Court case in London, HMRC had to withdraw a claim against more than 100 Singapore QROPS investors following severe criticism from the judge.
03/23/2017
Brexit could hit UK's fight against corruption, says OECD
Business pressure to weaken bribery laws and government’s inability to focus on non-Brexit issues are also concerns, says group
03/23/2017
Luxembourg in ‘breakthrough’ tax treaty talks with Australia
Gramegna added that over the past year Luxembourg has improved tax transparency to become compliant with OECD standards.
03/21/2017
UK Residential Properties - 2017/18 ATED Filing Deadlines
The Annual tax on Enveloped Dwellings (“ATED”) applies to UK residential properties with a market value as at 1 April 2012 (1) in excess of £500,000, where the property is owned by a qualifying non-natural person.
03/21/2017
New penalties apply to the trustees for failure to comply with the reporting obligations
The Constitutional Court confirmed that the penalties which were imposed in the past were unconstitutional.
03/21/2017
Foreign investment banking giants paid no corporation tax after making billions of pounds in profit in the City
US firms Citibank and Bank of America Merrill Lynch appear to have paid no corporation tax at all, according to documents.
03/20/2017
Eversheds Sutherland Global Tax Digest
Introducing the Eversheds Sutherland Global Tax Digest - a collection of tax developments from our attorneys across the globe.
03/20/2017
HSBC boss on £8million-a-year is investigated by the taxman over claims he lives in the Far East
Stuart Gulliver says Hong Kong is his main home allowing him offshore tax relief
03/20/2017
MALTA: Taxman recovers €10m from Panama, Swiss leaks
More revenue was set to be recovered as some of the more complex cases were still being investigated
03/19/2017
UBS 'Very Pessimistic' About Settling Tax Fraud Case in France
The Swiss bank is looking to pay less than what it cost to resolve the German case as the French wealth-management market is much smaller
03/16/2017
As Brexit scaremonger UBS threatens to move 1,500 jobs out of the City, we reveal the Swiss giant's 6p UK tax rate
But many foreign banks reduce their taxes by offsetting profits against debt repayments and previous losses.
03/16/2017
Offshore tax amnesty yields just €205,000
The deadline, defaulters will be liable for the total amount of tax, interest and penalties imposed by Revenue.
03/15/2017
Italy, Switzerland agree to exchange more tax information to fight evasion
The latest agreement will help Italy obtain revenues from a tax amnesty aimed at raising 1.6 billion euros ($1.70 billion) this year.
03/15/2017
Ukraine ratifies agreement to avoid double taxation with Luxembourg
After analyzing transactions of economic entities we have come to the conclusion that Luxembourg is one of the centers of investment.
03/15/2017
Tax changes for non-UK domiciliaries - RBC Wealth Management
Comments from Mark Hassett, Managing Director, Corporate Executives, RBC Wealth Management, on proposed tax changes for non-UK domiciliaries.
03/14/2017
Switzerland to Exempt Withholding Taxes for Some Group Financing
The amendment seeks to exempt any withholding tax from bonds that are guaranteed by a Swiss group company and issued to a foreign group company that belongs to the same group
03/13/2017
World Tax Advisor - Deloitte
Connecting you globally.
03/13/2017
SMP Accounting & Tax represents Isle of Man at the world's leading property market show
The show has a wide international pull so this will be a really fantastic opportunity to promote what we can do on the Island.