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

KPMG revenues grow strongly to record $26.4 billion

KPMG invested more than US$1 billion this year in a multi-year program focused on new technology, innovation and developing new services and solutions

EU Panama Papers Panel Seeks Stricter Tax Avoidance Strategy

The committee has spent months digging into tax avoidance and the activities of intermediaries

AIB denies providing tax advice to offshore customers

Paradise Papers show bank declined to give the Revenue Commissioners access to data

HMRC must be rubbing its hands in glee by George Bull

Bitcoin gains? Don’t forget that the taxman will want his share

Facebook to pay 'millions more' in tax after agreeing to record sales in the country they are made

In the face of political pressure to change this, Facebook last year said it would book sales from large British customers in the UK.

5 reasons to scrap Inheritance Tax

The UK, then, is lagging behind in this regard - and must take its lead from countries with proven track records on public services, general wellbeing and social mobility.

Liechtenstein says didn't press for Swiss inclusion on EU tax havens list

Both countries have oversized financial industries and in the past have drawn scrutiny as places to stash offshore wealth.

Amber Rudd announces new national economic crime centre for UK

The home secretary warned that billions have been laundered through the City of London as she announced a new anti-corruption strategy

Mazars to strengthen financial planning offering via acquisition

Mazars also enters into a joint venture with The Embark Group to launch ‘Vested’, a new employee benefits joint venture

First tax havens blacklist published by EU

EU tax commissioner Pierre Moscovici said the blacklist represented "substantial progress", adding: "Its very existence is an important step forward.

How to avoid HMRC’s new powers turning into a can of worms by George Bull

Sometimes new tax rules bear little resemblance to the colourful label applied when they were announced by the Chancellor of the Exchequer. It’s important that HMRC’s new powers to tackle tax avoidance don’t turn into a can of worms.

International Tax for Asset Managers Update Library

A global focus on the investment management industry

EU blacklist names 17 tax havens and puts Caymans and Jersey on notice

Brussels identifies 17 states including South Korea, Barbados, Panama and UAE with 47 others such as the Isle of Man and Bermuda warned

Proposed new UK royalty withholding tax will apply from April 2019

Income tax should be deducted at source from royalties paid to a non-resident, subject to the terms of any double tax treaty.

Prince Andrew defends Queen in Paradise Papers tax row

The Duke of York defended the investment as he spoke about his plans to emulate Prince Albert as the “entrepreneur-in- residence” at Buckingham Palace.

Bermuda signs tax agreement with UK

Bermuda is the first UK Overseas Territory to sign a CbC Competent Authority Agreement with the UK.

Scrapping inheritance tax is good for all of us

Passing wealth freely down the generations reduces inequality more effectively than IHT

Goldcrest tax avoidance film scheme loses £44m appeal

The win came after the scheme, used by Patrick Degorce, a hedge fund manager, who was defeated at the Court of Appeal.

Paradise Papers Ties Must Be Examined: Dutch Watchdog To Trusts

The Dutch Watchdog Tasked To Investigate If Any Of Their Clients Are Connected To The Paradise Papers Revelations

Revenue gets €2.9bn from offshore probes

Mr Cody said that Revenue's investigation on foot of the Paradise Papers was at an "early stage".