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

Permission possible for film tax probe

The evidence will be used in a case involving Frank Agrama, a film producer who is alleged to have been Berlusconi’s agent in the multimillion- euro scheme.

HSBC share price: German tax probe launched into bank’s Swiss unit

Lawyers for British lender negotiating with local authorities for settlement

Apple to pay 318 million euros in Italy tax fraud probe

The company was accused of transferring that €880 million ($962 million USD) of profit to its Irish subsidiary to benefit from the country's lower tax rate. Apple Italia did not immediately comment.

U.K. Property Sales-Tax Increase to Include Overseas Homeowners

Demand from overseas buyers has contributed to a jump in London house prices, and off-plan sales abroad helped developers finance projects including Battersea Power Station.

Bid to stamp out corporate tax avoidance unites Westminster parties

HM Revenue and Customs recently stepped up efforts to crack down on tax avoidance. It emerged last week that a taskforce is ensuring that overseas firms trading on the internet charge VAT on products sold to customers in the United Kingdom.

A Cheeky Welsh City Goes ‘Offshore’ To Keep away from British Taxes

Rebelling against central authority is something of a U.K. tradition. Fans of old British comedies may recall the 1949 movie in which a London neighborhood finds a document that seems to make it legally a part of France.

Switzerland, Italy Agree Tax Deal For Cross-Border Workers

Employees will pay up to 70 percent of the income tax that would ordinarily apply to employment income in the state where they work.

New exemption from UK withholding tax for private placements will be available for use from 1 January

Regulations have now been passed outlining the conditions that apply to a new exemption from withholding tax for private placements.

Leaner, meaner and a darn sight keener – the taxman ups the fight against evasion in 2016 by Mike Down

HMRC has recently been criticised for being too soft on criminal tax investigations. But hold on to your hats because a leaner, meaner taxman is getting ready to take on the serious evaders in 2016…

States of Jersey Common Reporting Standard - Deloitte

Draft Guidance Notes Released

Tim Cook says charges of Apple tax avoidance are 'total political crap'

Appls keeps most of the money it generates overseas parked offshore.

Net closing in on offshore tax cheats, UK government warns

The government is giving people one last chance to come clean and get their tax affairs in order

Police arrest suspect in carbon trading probe at Vienna airport

The 55-year-old Swiss man, whom Austrian police detained on his way from Zurich to Vienna on Wednesday, is suspected of having been a member of a gang making such trades and having evaded payment of taxes worth 125 million euros $135.8 million

Accountant sentenced to eight years in jail for devising and promoting tax fraud schemes based on film industry loopholes

A former Ernst & Young partner was sentenced to eight years in jail at the end of last week for his role in a tax fraud scheme.

UK tax fraud costs government £16bn a year, audit report says

HMRC under fire for focusing its efforts on small-scale tax evaders rather than multinationals that owe far larger sums

Monaco confirms its commitment to implement Automatic Exchange of Financial Account Information

Many jurisdictions are now updating domestic legislation to ensure that financial institutions report information on financial assets held by non-residents. Financial information will be collected from 1 January 2016 in around 50 jurisdictions, for autom

Policing the tax frontier – family businesses in the firing line?

HMRC have got a predicament on their hands when it comes to policing the boundary between low corporation tax rates, capital gains tax for individuals, and income tax. This continuing trend away from taxing companies and instead taxing individuals means c

Tax