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Tax

04/06/2016

Treasury grabs huge increase in Inheritance Tax thanks to rising property values

Inheritance tax receipts taken by HM Revenue and Customs jumped to a record high of £4.6 billion in 2015-2016 according to Wilsons, a private client law firm.

04/06/2016

HMRC continue to crack down on tax avoidance and tax evasion - Video

This video discusses the tools that tax authorities are using to tackle tax avoidance schemes as announced in this year's UK budget, March 2016.

04/05/2016

The Panama Papers allegations are not representative of the offshore financial industry

The comments from Nigel Green, founder and chief executive of deVere Group, follow a major leak of confidential documents from Panamanian law firm, Mossack Fonseca.

04/05/2016

Managing an offshore disclosure – what to do next? by Andrew Hubbard

The revelations emerging from Panama and the threat of further leaks will almost certainly mean sleepless nights for some. So what should you do if you’re worried that the taxman might come knocking?

04/05/2016

Britain should not crack down on tax havens as doing so would destroy their livelihoods, senior Tory MP says

Dominic Grieve says British Overseas Territories are 'entitled' to exploit financial services

04/05/2016

Apple’s tax affairs spark a transatlantic face-off

Washington calls foul over the EU inquiry — amid anger over a $1tn offshore cash pile

04/05/2016

Gibraltar not one of 21 jurisdictions featured in Mossack Fonseca portfolio

it has emerged that Gibraltar is not included in the list of offshore jurisdictions used by the Panamanian firm Mossack Fonseca.

04/04/2016

Australia seeks feedback on law to implement new tax treaty with Germany

The Australian government on April 1 launched a consultation on draft legislation that would give a tax treaty signed with Germany the force of law in Australia.

04/04/2016

Sweden's Nordea bank in global tax haven tangle

In total, around 400 Swedes are named in the ICIJ's report.

04/01/2016

Bring Swiss Funds Home, Greece Says With Partial Amnesty Offer

The legislation would scrap fines and some surcharges for such disclosures.

04/01/2016

Canonbie residents “appalled” at Duke of Buccleuch’s tax haven land

Community residents in drilling dispute criticise Cayman Islands accounts

04/01/2016

Taxing times for multinationals as governments get tough on avoidance

Mass strongly believes that any tax information of multinationals shared by authorities should not be made available to the public

03/31/2016

Will multinationals country by country tax reporting soon be made public

It’s beginning to look as though making public the country-by-country reporting of multinational corporations might be an easy win for those concerned with restoring the credentials of tax systems worldwide.

03/28/2016

Russian billionaire transfers holdings back home after offshore tax hike -media

The move was also aimed at forcing Russians to pay more taxes at home, as the country's budget was hit by sanctions and low oil prices, a cornerstone of the country's revenues.

03/28/2016

UAE signs agreement on exchange of information for tax purposes with Finland

These agreements strengthen UAE's status as one of the most prominent countries globally in tax transparency.

03/24/2016

UK dependencies and overseas territories denounced as 'biggest tax haven'

The All-Party Parliamentary Group on responsible tax has been examining the OECD’s BEPS recommendations to the G20. So what was the outcome?

03/24/2016

Dutch given details on "hundreds" of taxpayers' Swiss accounts

For hundreds of other Dutch UBS account holders who did not lodge similar appeals, however, their information was already transferred to the Netherlands from Switzerland.

03/23/2016

Jersey seeks removal from Portugal’s ‘tax haven blacklist’

The minister said that through negotiations Jersey had been successfully taken off some of the blacklists and that he hopes the same can be achieved with other EU member states, including Portugal.

03/22/2016

Swiss-Dutch taxation pact not applicable in UBS case, says Swiss court

A taxation pact between the countries does not extend to "group requests that do not include names of individuals", the Swiss court wrote in a statement after publishing the ruling on Monday.

03/22/2016

How to make the most of your CGT allowance - Tilney Bestinvest

From second homes to priceless pieces of art, investments to family heirlooms, HMRC can take a hefty slice of the gain on the sale of certain assets.

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