12/15/2015
Greek prosecutors investigating tax evaders raid UBS office
The information concerned accounts held by private individuals and companies with assets estimated to be worth up to 4 billion Swiss francs ($3.92 billion).
Tax
12/14/2015
HMRC targeting HSBC Jersey clients for voluntary disclosure
Failure to respond may result in HMRC starting “a detailed investigation” into their tax affairs.
12/11/2015
Italy to Get $4.4 Billion in Proceeds from Tax Amnesty
The government of Prime Minister Matteo Renzi has sought a fresh approach in Rome’s perennial battle against tax evasion
12/11/2015
Capgemini joins Tax Incentivised Savings Association
The consultancy will work with TISA to accelerate its clients’ transformation and drive business success.
12/11/2015
Tax evaders to feel full force of the law
New legislation brings the possibility of jail sentences for those who aren’t upfront with HMRC about assets held overseas
12/10/2015
Corporate tax avoidance damaging public trust
For the British public corporate tax avoidance remains the top issue businesses need to address to regain trust
12/10/2015
KPMG partners in Belfast arrested over tax evasion
HMRC has said that four individuals were arrested in connection with “suspected tax evasion.
12/10/2015
Leeds United chairman Massimo Cellino is cleared by Italian court
Case related to alleged tax evasion during his time at Cagliari
12/10/2015
Cayman Islands Automatic Exchange of Information Update
The Cayman Islands Tax Information Authority has issued an advisory addressing several points of note regarding the Common Reporting Standard in the Cayman Islands.
12/09/2015
Tax legislation needs more scrutiny, not less by George Bull
Recent moves by the Government to curb the powers of the House of Lords by making greater use of secondary regulations instead of relying on primary legislation could have disastrous implications for the scrutiny of tax legislation.
12/09/2015
RBS pays €23.8m to settle tax evasion inquiry into Coutts' Swiss operation
Settlement with German prosecutors, which involves immunity for any current for former staff, is latest embarrassment for bailed-out bank
12/08/2015
More than 50 banks which helped American clients dodge tax in Swiss bank accounts receive immunity from criminal prosecution in US
Some 57 companies have rushed to sign up to the Department of Justice’s ‘Swiss Banks Programme’.
12/08/2015
RBS said to plan cost cuts at Coutts UK in first half of 2016
The unit had a 90 per cent cost-to-income ratio excluding restructuring, litigation and conduct issues in the third quarter
12/07/2015
Vatican appoints PricewaterhouseCoopers to audit accounts
The Vatican has ordered the first ever external audit of its accounts as part of Pope Francis' efforts to reform the Roman Catholic Church.
12/06/2015
Google, Apple and Starbucks would face 'laughable' fines for tax dodging under new rules
£300 penalties would be dwarfed by millions in potential profits for firms that take advantage of tax-avoidance schemes
12/04/2015
UK territories fail to open up about secretive companies
An agreement by all territories' leaders to keep central registers of company ownership comes more than a year after Prime Minister David Cameron encouraged them to create public registries.
12/04/2015
Isle of Man signs tax co-operation agreement with Spain
As part of the Isle of Man Government’s continuing commitment to meet international standards in tax co-operation and transparency, a Tax Information Exchange Agreement has been signed with Spain.
12/03/2015
Report: The EU will investigate McDonald’s for tax evasion
The European Competition Commission is planning to announce an investigation into McDonald’s for a deal made with Luxembourg to lower the company’s tax bills
12/03/2015
RBS considering sale of Ulster Bank Irish division - reports
RBS last year scrapped plans to sell the division after injecting £15.3bn during the financial crisis sparked by the property collapse.
12/02/2015
New offshore disclosure facility to be ‘tougher’ than Liechtenstein by Mike Down
With the registration for the Liechtenstein Disclosure Facility closing on 31 December, a new ‘tougher’ offshore disclosure facility will take its place, giving tax evaders a ‘last chance’ opportunity to come clean. So what will th