08/24/2015
"The Tax Tail must never wag the Investment Dog" by Justin Urquhart Stewart
I often look with astonishment at some of the intricate structures that are often promoted by clever tax advisers to bemused and confused clients
Tax
08/23/2015
Use of Estonia in U.S. International Tax Planning
This makes Estonia the number one start-up technology country in Europe and one of the top in the world.
08/20/2015
The New Protocol To The Cyprus - South Africa Double Taxation Agreement
The Protocol amends the 1997 DTA in three areas, namely the definition of residence, withholding taxes on dividends and exchange of information. Importantly, it does not change the existing, highly beneficial, arrangements regarding taxation of capital ga
08/20/2015
The role of offshore jurisdictions in Russia
International finance centers play a significant role in Russian foreign direct investment (FDI). For example, in 2012 it was observed that 11 of the 40 main recipients of Russian FDI were IFCs. Of these finance centers, the largest recipients were the BV
08/19/2015
The problem with tax amnesties by Andrew Hubbard
Tax amnesties and the like are nothing new, but they are always controversial and often problematic.
08/19/2015
Tax expert warns Liechtenstein replacement will be tougher
Since its inception in September 2009, more than 6,500 people have registered to participate in the Liechtenstein Disclosure Facility. More than 5,900 disclosures have been received by HM Revenue and Customs, with over £1.6bn raised so far.
08/17/2015
Exclusive: Now the taxman is spying on your credit card spending
The Revenue Commissioners says it is now able to examine how people use their credit and debit cards to help determine if they are avoiding tax.
08/14/2015
OECD clarification reinforces Guernsey's fund domicile position
Representatives of Guernsey's government, the regulator and industry bodies have been working together to inform EU and EEA authorities of Guernsey's position in the OECD.
08/14/2015
OECD publishes guidance on international standard for automatic exchange of tax information
The new 'Implementation Handbook' is designed to assist countries with their implementation of the CRS.
08/13/2015
Tax authorities urged to be more vigilant over the super-rich
Tax advisers have warned their wealthy clients that they are in the sights of tax authorities.
08/13/2015
Isle of Man Tax Bulletin - Deloitte
Isle of Man removed from Italian blacklist
08/12/2015
Supreme Court decision could have implications for UK trusts by Joan Foster
A recent decision from the Supreme Court regarding the UK income tax treatment of a member of a Delaware LLC could have implications for UK trusts with overseas beneficiaries.
08/12/2015
New report compares performance, best practices and trends in 56 tax administrations
Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance.
08/10/2015
Warning of innocent victims in taxman’s raid
Their warning comes days after it emerged that HMRC has set up a new taskforce
08/10/2015
Revenues surge as global crackdown on tax evasion gathers pace
The Paris-based OECD said last week that many transgressors were facing “the last window of opportunity” to disclose such information.
08/10/2015
Extension to the capital gains tax regime to non-UK residents owning UK residential property
Key point: all qualifying non-residents will have to file a tax return within 30 days of a disposal of a UK residential property
08/10/2015
The OECD takes further steps to putting an end to offshore tax evasion
The OECD has released three new reports to help jurisdictions and financial institutions implement the global Standard for automatic exchange of financial account information
08/10/2015
Offshore Messenger: Budget changes significantly impact offshore world
In a bid to raise more tax, the UK Summer Budget introduced a number of changes which will significantly impact the offshore world.
08/07/2015
Taking offence offshore
On 16 July 2015, the Government issued four consultation documents on the topic of offshore tax, non-compliance and evasion.
08/07/2015
Cyprus: The New Double Taxation Agreement Between Cyprus And Georgia
The new agreement closely follows the 2010 OECD Model Convention, with only minor modifications, and the Protocol to the agreement clarifies the information exchange provisions. Details of the DTA and Protocol are now available, and they are analyzed in t