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

Facebook is set to pay millions more in UK tax after dumping ploy of funnelling sales through Ireland

Facebook avoids tax by sending money to Ireland then to Cayman Islands

UK Annual Tax on Enveloped Dwellings (ATED) Changes to the Taxation of UK residential properties

The 2014 Finance Act increased the scope of the annual ATED charge so that from 1 April 2016 ATED applies also to UK residential properties with a market value as at 1 April 2012 (or at acquisition, if later) in excess of £500,000, where the propert

States of Jersey Common Reporting Standard (CRS)

Draft Guidance Notes - 2nd Edition

IOM: Common Reporting Standard (CRS) Draft Guidance Notes Published

The guidance notes do not cover all the obligations of Isle of Man businesses under the CRS but outline the options taken by the Isle of Man Government in their implementation of the CRS where choices were allowed within the CRS and the penalties that wi

Labour MP Caroline Flint tells Zac Goldsmith to ‘come clean’ over Cayman Islands tax deal

The Standard understands that he and his wife have a high street mortgage for their family homes in Barnes.

Income tax department examining HSBC reply in blackmoney case: CBDT

The bank, without disclosing the names of the Indians who indulged in the alleged tax evasion through its Swiss or Dubai units, had recently announced in its annual results

Foreign companies to pay VAT in Switzerland

About 30,000 foreign companies will be made to pay the tax

Taxpayers to 'save' £30m in inheritance tax relief

The amount of inheritance tax payable in the UK is tapered

Guernsey Tax Bulletin - Deloitte

UK Residential Property Tax - Deadline Approaching

When a tax return isn’t really a tax return

A recent report from the tax tribunal has revealed that every year some 350,000 returns are submitted by individuals on a purely voluntary basis – largely by PAYE taxpayers who want to obtain a tax refund. However a recent tribunal decision has deci

Gibraltar responds to ‘misinformation’ about tax evasion

The MEP tabled a question in the European Parliament in which he said Gibraltar “facilitates tax evasion and financial crime”.

Britain's challenger banks face tax rises

The six largest retail banks will continue to pay higher effective rates of tax than smaller banks

No Double Taxation Agreement With Panama; Maltese Domicile Subject To Tax On Worldwide Income

Maltese individuals resident and domiciled for tax purposes, that is people whose permanent residence is in Malta, are required to pay tax in Malta on their worldwide income

Taxing reality for London’s prime housing investors

Changes to stamp duty, a UK property tax, have been blamed for this, with the levy imposed on homes worth more than £1.5 million being increased to 12 per cent of the purchase price.

Navigating taxation differences cross-border

Advisers have to tread a careful path to avoid clients getting hit by additional taxation.

Poorer countries handed role in tax evasion fight

The move follows criticism from some governments and campaign groups that plans drawn up over the past three years to tackle tax avoidance did not go far enough to help poorer countries collect corporate tax.

UBS Group AG: Tax Evasion Probe Completed by Prosecutors

UBS gets closer to a trial; looks forward to the opportunity to respond to unfounded allegations

UK tops global table of damaging tax deals with developing countries

Treaties limit the tax poorer nations can place on British companies doing business within their borders, says ActionAid

The EU and Monaco ink new tax transparency agreement

This agreement marks the beginning of a new era between Monaco and the EU.

Zac Goldsmith discloses £10m in income and capital gains since 2010

Conservative candidate for London mayor publishes tax returns for period since he became an MP, and calls on rivals to do likewise