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

HMRC reverses APN decision for participants in Montpelier tax scheme

Taxpayers then have 90 days to pay HMRC the fee demanded, but are not allowed to appeal the decision.

Greece, Germany step up fight against tax evasion

Greek tax inspectors will also receive training in Germany.

FG plans new tax on income over €100k after USC abolition

Fine Gael will introduce a new income levy on workers earning more than €100,000 after it abolishes the Universal Social Charge, the Irish Independent can reveal.

We DID let rich tax dodgers off the hook, says revenue boss

Dame Lin Homer admitted some wealthy tax dodgers escaped prosecution

HMRC chief: HSBC Swiss tax dodge prosecutions 'unlikely'

So far only one person has faced prosecution as a result of the investigation into HSBC Swiss bank account holders.

Why challenging the taxman isn’t appeal-ling… by Andrew Hubbard

The government is to impose fees for taxpayers wanting to appeal to the tax tribunal. The move has provoked a wave of criticism – not least because many think it is unfair that taxpayers will need to pay to challenge a decision of the state. And don

UK Tax Treaties With Croatia, Bulgaria In Force

It provides for a dividends tax exemption if the beneficial owner of the dividends is a company which is a resident of the other Contracting State

European Commission Aggressive on Tax Evasion: Apple, Amazon Beware

The European Commission told Belgium to recoup all these companies’ unpaid taxes, stating that excess-profit verdicts allowed corporations to get as much as 90% of their tax reduced.

Offshore asset holders urged to come clean over tax debts

The opportunity to reveal undisclosed overseas accounts and trusts with guaranteed immunity from criminal prosecution ended on January 1

If you need to know one thing to boost your wealth in 2016, it's this

George Osborne's often made things difficult for higher-rate taxpayers. But the looming Spring Budget could reveal his most brutal attack yet

Swiss banker settles German tax probe

The bank has said it never set up or distributed such products and Eric Sarasin has also denied that he was involved in such a scheme.

New UK tax changes unlikely to dent appeal of buy to let for UK non-residents

As stock market volatility continues, expats might be well advised to stick with UK buy to lets

HMRC Welcomes Fall In Banking Sector Tax Schemes

Banks must maintain good internal controls over their tax affairs and have strong governance around tax.

Offshore tax evasion: HMRC press release

The Offshore Tax Evasion regime will see information passing to the UK tax authorities from a large number of countries.

Italy Removes Jersey Blacklisting

The only remaining general criterion for the application of the CFC rules (without list) will be the low level of corporate taxation of the controlled foreign company.

Guernsey on Italian 'white list'

The Stability Law has revised the relevant provisions of Italy's tax code relating to so-called 'black lists' on corporate taxation and Controlled Foreign Companies rules.

States of Guernsey Common Reporting Standard

Supplementary Guidance Notes Released

The mystery of the disappearing footnote - a reminiscence by Dr John Watson

This week, Andrew Hubbard adopts the persona of Dr John Watson to chronicle Sherlock Holmes’ attempt to understand the tax system and the true intentions of parliament. But will the clues in the latest annual report on The Code of Practice on Taxati

FCA Ends Probe Into HSBC Swiss Tax Affair

The FCA has concluded a 'deep-dive' into HSBC's Swiss private bank in the wake of a tax evasion scandal

Moscovici Sees Connection Between Lowering Taxation and Combatting Tax-Evasion

The Commissioner noted that based on a study conducted in September, Greece’s implicit tax rate on labor as well as the labor tax on the average wage, is relatively lower then the European Union country average.