01/12/2017

Ireland’s offshore assets

Tax avoidance is one of the greatest difficulties besetting the world economy. Accountant and tax campaigner Richard Murphy estimates that 10% maybe more of the world’s wealth is hidden away in tax havens. Taxed, the secreted trillions would provid

01/11/2017

EU Greens claim Malta could be put on tax haven blacklist

However, a new report on Malta’s tax system published by the European Green Party today suggests that, if European countries were also to be screened, Malta could fail to pass the test itself, depending on the interpretation of criteria by the EU.

01/04/2017

Accountants face tough new penalties in tax crackdown

The new law means that for the first time, HMRC will be able to charge civil penalties on the facilitators of tax evasion, who provide planning, advice or other professional services or physically move funds offshore.

01/03/2017

German Government Targets Offshore Tax Avoidance

The bill also standardizes reporting obligations for direct and indirect holdings in foreign entities and synchronizes the deadline for information reporting with the deadline for tax returns.