12/21/2016
EU Accused of 'Amnesia' in Backtrack Over Panama Papers Tax Register Response
The documents show how wealthy individuals, such as public officials, hide their money from public scrutiny.
Tax
12/21/2016
UK lawmakers call for tax transparency in British territories
While the UK requires companies to disclose their true owners, to ensure criminals can't conceal illicit money flows or hide assets from victims or creditors
12/21/2016
Guilty unless proved innocent?
HMRC prides itself on its charter which outlines taxpayers’ rights and obligations, but a recent tribunal has thrown in to question whether HMRC always adheres to these principles.
12/21/2016
CIOT reports on PAC hearing into HNW unit
Among the areas HMRC says it is looking into are the so-called Panama Papers, footballers, overseas assets and marketed avoidance schemes.
12/21/2016
Why Corporate Tax Avoidance Must Be Stopped
Tax evasion is illegal; it can encompass a number of methods
12/20/2016
Foreign banks in Britain paying fraction of tax rate
Seven of the biggest international banks operating in London – Europe’s main investment banking centre – have published profit and tax data ahead of a year-end deadline stipulated by EU law.
12/19/2016
UK releases draft legislation on rules restricting deductibility of corporate interest expense
The government also published a summary of responses to the May 2016 consultation, setting out its decisions on all aspects of the new rules.
12/19/2016
Italy: Tax court decisions cast doubt on compatibility of participation exemption regime with EU law
However, the free movement of capital principle does not extend to situations where the seller is resident in a country
12/19/2016
Poland: Changes to corporate income tax rules target tax avoidance/evasion
The value of the in-kind contribution that exceeds the nominal value of the shares that is allocated to the company’s reserve capital generally is not taxable.
12/19/2016
The Tax Treatment of New French Residents – A Bird’s Eye View
Passive income from foreign sources may benefit from a special 50% exemption.
12/19/2016
Arsenal star has house seized in Spain amid tax investigation
Last month, Sanchez’s agent released a statement which denied all allegations.
12/19/2016
Named and shamed — but still in denial that Ireland is a tax haven
The Dangerous Global Race to the Bottom on Corporate Tax.
12/19/2016
KPMG boss: Lets get my successor in place then it's time to shoot for the global job
The hope is to seamlessly transition a new person into his current job before setting his targets on the global role.
12/19/2016
UK taxman sends thousands of APNs ‘in error’
The notices were designed to combat what HMRC sees as ‘abusive’ tax avoidance.
12/18/2016
Moving together. Making tomorrow.
The German tax authorities sought to prevent outcomes of this kind by concluding bilateral agreements with some foreign tax authorities to harmonize their interpretations of the treatment of severance payments.
12/16/2016
Italy to target non-doms with new tax regime
The regime is available for up to 15 years, unless the individual fails to pay the charges.
12/15/2016
This Christmas, give your loved ones a gift without the surprise tax bill
So what are the rules upon gifts?
12/15/2016
Double taxation: Ecuador, Italy sign agreement to foster private investements
The two parliamentary leaders met in the framework of the Summit of Women Presidents of Parliaments that takes place in Abu Dhabi.
12/15/2016
Monaco strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters
The Convention will enter into force for Monaco on 1 April 2017.
12/15/2016
HMRC claws back celebrities' tax profit on empty data centres
Project backers Harcourt Capital said it expected its first tenants soon.