11/21/2014
Millionaire Tory Boris Johnson is refusing to pay his taxes.
The American-born mayor owes the country tax after he sold a house but is refusing to pay the large amount that is due
11/21/2014
Cyprus and Iceland have released the text of a new double tax agreement signed between the two nations on November 14, 2014.
11/21/2014
The Swiss private banking arm of HSBC Holdings Plc said on Friday it had been placed under formal investigation by French magistrates, who are looking into whether the bank helped certain clients avoid paying taxes.
11/20/2014
The government targets having a plan it can present by year-end that would map out how Iceland will scale back currency controls currently blocking about $6.6 billion from exiting the island.
11/18/2014
Crackdown on celebrity tax avoidance branded a failure
MPs have attacked the taxman for being too slow to crack down on controversial avoidance schemes used by celebrities and other high earners, resulting in millions of pounds being lost to the public purse.
11/18/2014
MPs tell HMRC to pick up the pace of tax investigations
The Public Accounts Committee has criticised HM Revenue & Customs for its "unacceptably slow" action against tax avoiders.
11/17/2014
The Protocol and Exchange of Notes between the UK and Japan which was signed in London on 17 December 2013 will enter into force on 12 December 2014.
11/17/2014
Financial expert Chris Thorpe casts a critical eye over Labour’s ‘mansion tax’ plans.
11/17/2014
Switzerland’s ambassador to Germany said his country is working to improve its image after years of revelations that Germans used Swiss banks to avoid taxes.
11/16/2014
The protocol was signed on 21 July 2014, and will come into force once the two countries have exchanged diplomatic notes and completed their necessary internal procedures to implement the agreement.
11/16/2014
After Labour peer Lord Winston raised concerns about the effect of the Mansion Tax on charitable giving, could Scotland’s new Land and Buildings Transaction Tax provide a suitable substitute?
11/16/2014
In this edition of Baker Tilly’s weekly round-up of the most important tax news, we cover the latest developments…
11/14/2014
The new European Commission President took political responsibility yesterday for Luxembourg’s role in helping global companies to avoid taxes, and Germany urged swift action to fight tax evasion in Europe.
11/14/2014
As the G20 prepares to meet in Australia with tax crackdown as the key reform, the Dutch government denies a coffee giant deal.
11/13/2014
The BEPS Project aims to create a coherent set of international tax rules to end the erosion of national tax bases and the artificial shifting of profits to jurisdictions solely to avoid paying tax.
11/13/2014
We are hosting a breakfast briefing on Friday 21 November covering key US tax topics and developments of which investment managers and other corporate service providers should be aware, including the US political environment and other changes to which the
11/13/2014
European commission president, who was finance minister of Luxembourg for 20 years, breaks silence on revelations that Grand Duchy exploited tax loopholes
11/12/2014
Russia is aiming to clamp down on the use of foreign offshore tax shelters in a new tax policy as part of President Putin's "deoffshorisation" campaign which was launched in 2012.
11/12/2014
President Francois Hollande's government plans to remove a tax break currently available for banks as part of a package of additional measures aimed at getting the European Commission's green light for its deficit-reduction efforts.
11/11/2014
PwC statement in response to media reports on tax advice in Luxembourg
The recent reports in the media on tax advice in Luxembourg co-ordinated by the International Consortium of Investigative Journalists (ICIJ) are based on partial, incomplete information dating back four years or more, which was illegally obtained.