09/29/2015
French tax cheats to boost budget by €2.4 bn
France's budget for 2016 has been given a timely boost to the tune of €2.4 billion thanks to French tax cheats coming clean.
Tax
09/29/2015
BEPS – what we already know by Rebecca Reading, Baker Tilly
hile most OECD governments are likely to indicate support for the recommendations, what is less clear is how long they will take to implement the measures and whether tax authorities outside the OECD will play ball.
09/28/2015
OECD to release BEPS package for reform of the international tax system to tackle tax avoidance
The OECD will release the final package of measures for a co-ordinated international approach to reform the international tax system under the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project on Monday 5 October 2015.
09/28/2015
Posh boys behaving badly
The really serious allegation, that Cameron knew about the peer's offshore tax status well before he said he did...
09/28/2015
Payback time for tax ruse stars
HM Revenue & Customs now deems the partnerships to be tax avoidance schemes and has invoked its powers to demand investors pay back the tax owed immediately.
09/26/2015
Germany raids premises linked to Maple Bank in tax probe
German authorities have searched premises linked to Maple Bank as part of a probe into alleged tax evasion and money laundering.
09/25/2015
Hungary Joins Call For Greater EU Cooperation On Tax Avoidance
Tax revenues in Hungary last year increased by HUF650bn (USD2.3bn) compared with the year before, he said.
09/25/2015
Common Rules (Not Rates) Should Be The Answer To Tax Competition In The EU
The creativity of rich individuals and their tax advisors to hide private wealth in tax havens such as Switzerland or the Isle of Man knows hardly any bounds
09/25/2015
The Common Reporting Standard: Automatic Information Exchange Goes Global
Traditionally, information about an individual or business has been sent from one tax authority to another on request
09/24/2015
And the winner of the 2015 Rugby World Cup is …HMRC
If you consider the VAT on ticket sales and receipts from hospitality and travel, HMRC does very well out of sporting events such as the Rugby World Cup. But if the Chancellor really wants to help deliver similar events in the future and even increase muc
09/24/2015
UK plugs contractor tax loophole
Those high income individuals using offshore trusts will have to pay up by month end
09/24/2015
Challenges facing companies in the face of intense scrutiny
Dozens of island companies are facing challenges from unprecedented scrutiny by global tax authorities, a leading legal expert has told Business News.
09/23/2015
Italian tax authorities extend Voluntary Disclosure deadline
This extension allows more time to submit the explanatory memorandum and other documents which must accompany a Voluntary Disclosure application.
09/21/2015
Draft AEOI Guidance Released
HMRC have released their draft Automatic Exchange of Financial Account Information Guidance notes.
09/21/2015
Financial institutions believe common reporting standard will be more taxing than FATCA - KPMG
With a Jan. 1, 2016 effective date looming for 50 "early adopter" jurisdictions set to enact a new international Common Reporting Standard for reporting financial account information
09/18/2015
There Be Dragons In The Land Of Pensions by Bill Longe, Baker Tilly
Tuesday was Pensions Awareness Day, and to coincide with this the Pensions Regulator is launching a TV campaign encouraging small employers to comply with their auto-enrolment obligations. But with concern growing that many of these employers are choosing
09/17/2015
Guernsey Disclosure Facility - Update
The Government of Guernsey has released a statement in relation to the closure of the UK Guernsey Disclosure facility.
09/15/2015
Jersey Disclosure Facility - Update
The Government of Jersey has released a statement in relation to the closure of the UK Jersey Disclosure facility.
09/14/2015
European banks remain strongly opposed to financial transactions tax
Taking note of statements made after the informal discussions among EU finance ministers in Luxembourg on Saturday
09/14/2015
Tax advice set to rocket over next two years
More than two thirds of financial advisers in the UK see specialist tax advice as the biggest growth area in their businesses over the next two years, according to a survey by Prudential.