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

The taxman cometh

It promises to prise open the secretive affairs of those who are evading tax, and to play a part in reducing the so-called “tax gaps” of governments struggling with stubbornly high fiscal deficits.

Revenue given ‘significant’ new powers to tackle tax evaders

Finance Bill gives agency scope to secure information from third parties and banks

After Blow to Europe Tax Havens, Some Promise More Staying Power

Yet the Netherlands is on pace to maintain its attractiveness as a tax-friendly address for multinationals, said several tax advisers to big companies.

Country-by-country reporting requires tax authorities to raise their game too by Rebecca Reading

The UK’s new legislation on country-by-country reporting will initially be a compliance burden for multinationals, but tax authorities will also have to raise their game to ensure that the correct amount of tax – and no more – is collect

Non-UK Domiciliaries and Loans - Deloitte

On 4 August 2014 HMRC changed their practice with regard to loans taken out using previously unremitted foreign income and gains as collateral, where the loan proceeds were remitted to the UK.

Luxembourg to abolish its IP regime and to amend its net wealth tax

In his speech, the Minister of Finance also mentioned again the planned tax reform for 2017

Home is where the tax haven is…

The figures, based on data acquired by the Eye for property transactions in 2012, 2013 and 2014 and analysed alongside market statistics by data-savvy London estate agency

Taxman slithers for Italian star

Canale 5 stalwart Ezio Greggio pays €45,000 fine to avoid jail sentence for tax evasion

Commerzbank agrees with prosecutors on fine for tax evasion - report

Germany's second biggest bank by market value is the country's third lender after Hypovereinsbank and HSH Nordbank to be fined for illicit business in Luxembourg and Panama.

Renzi revives Italy’s €410bn wealth fund

These are the new headquarters of the Cassa Depositi e Prestiti, the country’s €410bn sovereign wealth fund.

The golden age of central banks is at an end – is it time for tax and spend?

The IMF appears fixed on interest rates and QE to boost the global economy but just as homeowners take on larger mortgages when rates are low, governments can also sustain higher deficits

OECD report is not the last word on Ireland's FDI corporation tax regime

The OECD reckons that governments are losing out on at least €213bn per year from aggressive tax planning by multinationals.

Russian 2015 tax revolution - Withers

For many years international tax planning for Russian inbound and outbound investments, and wealth planning for Russian resident individuals, was rather straightforward.

Italian corporate income tax for foreign investors - Withers

Italian corporate income tax (imposta sul reddito delle società, or IRES) is due by resident companies on their worldwide income. A company is deemed to be resident within the Italian territory when it has any of the following elements located in I

The end of tax avoidance as we know it? by Rebecca Reading

So the OECD has delivered its final package of reports on its Base Erosion and Profit Shifting (BEPS) project. So what does this mean for the large multinationals, and is there is a danger that smaller business with international operations could end up

Tax