05/21/2017
Formula 1 pays just £7m in tax despite having underlying profits of £350 million
The interest is used to reduce the profits for tax purposes under an agreement struck with Revenue & Customs in 2008.
Tax
05/20/2017
Muscat vows solid defence over Malta Files
If we don’t present a common front, irrespective of our political colour, it would endanger investment and jobs in Malta.
05/18/2017
UK advisers turning to law firms as IHT changes bite
A third of advisers say they are considering strengthening links with lawyers, while 22% are already working with legal firms.
05/15/2017
UBS is dispute with UK taxman
The skirmish is the latest in a long-running dispute with the taxman over losses suffered by banks during the financial crisis.
05/14/2017
Malta is no Panama
Calling Malta the “Panama of Europe”, he warned that “tax evaders” and “tax tricksters” could no longer count on doing what they were doing undetected.
05/13/2017
Labour announces £26bn raid on City of London with Robin Hood Tax
They warned that pensioners and savers with investments would be hit as much as bankers while the public would face higher interest rates as a result.
05/12/2017
Row ignites after Germany slams 'tax haven' Malta
The small island state responded immediately by questioning the minister's claim altogether.
05/12/2017
Dividend Tax-Free Allowance Cut 'Risks Family Businesses'
The group called on the government to abandon the plan.
05/11/2017
Norway's $940 billion wealth fund eyes possible repatriation of tax haven subsidiaries
The fund was not cited in the Panama Papers and there is no suggestion that the fund has done anything illegal.
05/10/2017
Data leak reveals details of 70,000 offshore firms in Malta - German state minister
'Malta is the Panama of Europe,' says NRW minister Walter-Borjans
05/10/2017
Russia, Japan To Sign New Double Tax Agreement
The text of the agreement has yet to be released.
05/09/2017
Election of Macron seen as positive for the French property market
He says he is confident but his movement En Marche is not an official political party needs to win seats in the country’s Parliament if he is to be able to govern effectively.
05/08/2017
KPMG launches finance option for SMEs
This new launch will provide independent competition to the broker market, and is the latest service provided by KPMG Enterprise.
05/07/2017
Britain’s Labour pledges no tax rise for middle-income earners
With the burden falling instead on the top five per cent of earners and big business
05/04/2017
Credit Suisse says tax probe linked to historical business
Its quarterly financial report released on Thursday, adding it was cooperating with the authorities.
05/04/2017
Swiss spied inside German ministry in tax scandal
He is suspected of monitoring German tax investigators.
05/04/2017
French prosecutors open probe after Le Pen's 'Bahamas bank account' slur against Macron
I have never had accounts in any tax havens whatsoever
05/04/2017
Non-dom art collectors in UK could be hit with new taxes
Even works held and sold abroad could be liable for UK tax
05/04/2017
UK Introduces Criminal Offence For Facilitating Tax Evasion
The legislation will make corporates liable not just for tax evasion facilitated by their employees but also external agents and service providers.
05/04/2017
Google settles Italy tax evasion case, to pay 306 million euros
The tax agency said Google also agreed to sign an agreement ensuring “the future correct taxation in Italy” of company activities related to the country