02/27/2015

EU Ruling on 15.5% French Social Charges

On 26 February 2015, the European Court of Justice ruled that France should not levy the 15.5% social charges on income received outside France by French tax residents who are not covered under theFrench social security regime.

02/25/2015

UK Pension Tax Changes Significant For Expats

Major changes to the tax treatment of private pension lump sums will come into effect in April 2015 and may be especially relevant for those who want to use the cash to relocate abroad.

02/24/2015

Commerzbank raided over possible tax evasion

Tax investigators and police have raided commercial offices in Germany as they looked into allegations of large-scale tax evasion with regard to profits made in Luxembourg. Commerzbank was at the center of the searches.

02/23/2015

HSBC chief Gulliver pulled into bank’s tax scandal

The HSBC chief has UK non-domiciled tax status, allowing him to keep offshore income and capital gains out of the British tax net, because he is domiciled for tax purposes in Hong Kong, even though his job is based in London

02/22/2015

Britain to mull new laws on tax evasion

Britain's government will consider introducing a law which would punish banks and accountants for helping people evade tax in the wake of the HSBC SwissLeaks claims