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

Tax change set to create teenage property tycoons

Budget move meant to stop overseas families avoiding inheritance duty

Foreign teenagers could be given £1 million+ British properties by super-rich families to avoid inheritance tax

We are discussing with clients whether they may wish to de-envelope it and gift it to a son or grandchild.

Not just a ‘Panama problem’: banks and Big Four are tax avoiders’ middlemen

Europe has some “backyard cleaning up to do” as the second region with the highest number of intermediaries having assisted international tax dodgers revealed in the Panama Papers

Lawyers fight back over HMRC offshore crackdown

Tax advisers say demands for client names breach legal rights

Whose pension is it anyhow?

But watch out, there could be a nasty inheritance trap lurking here…

Not just a ‘Panama problem’: banks and Big Four are tax avoiders’ middlemen

Europe has some “backyard cleaning up to do” as the second region with the highest number of intermediaries having assisted international tax dodgers revealed in the Panama Papers

Tax agencies draw up target list of offshore enablers

Large numbers of taxpayers had also come forward voluntarily to come clean on their offshore assets.

Has anyone seen a tax haven around here?

As we start to get more clarity on the UK’s Brexit negotiating stance, the Chancellor has indicated that the UK would consider changing tax policy to ensure the nation remains competitive. Some would see this as fair, others have taken this as a har

Grant Thornton and Lewis Silkin launch cyber security audit service

The proliferation of digital technology continues to create a host of new opportunities for businesses, from new marketing channels to more efficient processes.

Finance Act 2016 and Offshore Accounts

The first exchange of reported information under CRS.

New Double Tax Treaty signed between Montenegro and Portugal

The agreement stipulates that dividends paid by a resident of one contracting state to a resident of the other contracting state may be taxed in that other country.

BEPS: Jersey & Guernsey introduce local regulations on country by country reporting

As part of the OECD’s BEPS agenda, the ‘Transfer Pricing Documentation and Country-by-Country Reporting

Portugal introduces wealth tax on properties over €600k

The allowance applies per individual, so a married couple or those in a civil partnership would only face a tax on any jointly-owned properties over €1.2m.

Belarus, China's Hong Kong sign double taxation avoidance agreement

The document was signed during the visit of the Belarusian government delegation.

EU Panama Papers Tax Probe Shifts To Banks, Law Firms

Law firms and accountants in hiding the identity of ultimate beneficial account owners.

UK Ready To Become Hard Brexit Tax Haven If EU Fails To Agree Trade Deal, Theresa May Warns

We will change our model and we will come back, and we will be competitively engaged.

Netherlands ‘will block UK-EU deal without tax avoidance measures’

The vision of a low-tax Britain that enforces fewer regulations in terms of workers’ rights on businesses has been a motivating force for a number of high profile Brexit supporters.

Dead Art Billionaire Son Cleared of French Tax Fraud Charge

The month-long trial last year opened a window into the art world and provided insight on the family’s business secrets.

Cyprus Tax Roundup 2016

Since Cyprus does not impose any capital gains tax on disposals of shares in companies unless they own immovable property in Cyprus.

Greece Likely to Back Down on Tax Exemption Limit, Pension Cuts

In order to be on track, Athens is asked to lower the threshold of tax-exempt incomes.