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

Taxpayers to 'save' £30m in inheritance tax relief

The amount of inheritance tax payable in the UK is tapered

Guernsey Tax Bulletin - Deloitte

UK Residential Property Tax - Deadline Approaching

When a tax return isn’t really a tax return

A recent report from the tax tribunal has revealed that every year some 350,000 returns are submitted by individuals on a purely voluntary basis – largely by PAYE taxpayers who want to obtain a tax refund. However a recent tribunal decision has deci

Gibraltar responds to ‘misinformation’ about tax evasion

The MEP tabled a question in the European Parliament in which he said Gibraltar “facilitates tax evasion and financial crime”.

Britain's challenger banks face tax rises

The six largest retail banks will continue to pay higher effective rates of tax than smaller banks

No Double Taxation Agreement With Panama; Maltese Domicile Subject To Tax On Worldwide Income

Maltese individuals resident and domiciled for tax purposes, that is people whose permanent residence is in Malta, are required to pay tax in Malta on their worldwide income

Taxing reality for London’s prime housing investors

Changes to stamp duty, a UK property tax, have been blamed for this, with the levy imposed on homes worth more than £1.5 million being increased to 12 per cent of the purchase price.

Navigating taxation differences cross-border

Advisers have to tread a careful path to avoid clients getting hit by additional taxation.

Poorer countries handed role in tax evasion fight

The move follows criticism from some governments and campaign groups that plans drawn up over the past three years to tackle tax avoidance did not go far enough to help poorer countries collect corporate tax.

UBS Group AG: Tax Evasion Probe Completed by Prosecutors

UBS gets closer to a trial; looks forward to the opportunity to respond to unfounded allegations

UK tops global table of damaging tax deals with developing countries

Treaties limit the tax poorer nations can place on British companies doing business within their borders, says ActionAid

The EU and Monaco ink new tax transparency agreement

This agreement marks the beginning of a new era between Monaco and the EU.

Zac Goldsmith discloses £10m in income and capital gains since 2010

Conservative candidate for London mayor publishes tax returns for period since he became an MP, and calls on rivals to do likewise

HMRC reports 'dramatic' returns on investment into UK tax investigations

Tax investigations expert Fiona Fernie of Pinsent Masons, the law firm behind Out-Law.com, said that HMRC was likely to want to "build on this success and ratchet up return on investment even further" over the coming year.

Fears revealed over end to ‘tax havens’

Corporate earnings will plunge, stock prices will collapse, unemployment will soar and pension funds that depend on those stock prices will become impaired.

Payroll tax investigations bring in £525m while HMRC inquiries on wealthy yield £29 to £1

HMRC’s new counter-avoidance directorate has collected £524.6m through investigations into payroll taxes over the last year

Swiss Private bank said to be probed in Italy for money laundering

Bank also said to be probed for tax evasion in Milan case

Questions asked about delay to IHT rule clarification

The guidance paper included a promise by Mr Osborne to publish towards the end of last summer a consultation.

IKEA Suspected and Accused Of Tax Evasion Worth 1.1 Billion Dollars In Europe

Many sources and reports seem to be stating that IKEA has been evading taxes according to the various national and international laws prescribed by the European governments and the European Union.

International Tax News, February 2016 - PwC

authored by specialists in PwC’s global international tax network.