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Tax

07/24/2015

Jersey Tax Bulletin July 2015 - Deliotte

Non-UK Domiciliaries and UK Residential Property: Upcoming Changes

07/24/2015

U.S. Tax Avoidance trumps Greek Tax Evasion

These kinds of misinformed, over simplified explanations are at best furphies, at worst racist.

07/24/2015

Dispute breaks out over non-dom double taxation

Two tax experts have warned that changes announced in the Summer Budget could see non-domiciled private equity managers hit with double taxation

07/23/2015

Aberdeen appoints PWC as new auditor

Shareholder approval to confirm the appointment of PwC will be sought at the annual general meeting in 2016.

07/22/2015

Experts have criticised HM Revenue & Customs for using scare tactics

International tax adviser Mark Davies & Associates said the Government’s plans to introduce criminal offences for non-compliance, regardless of intention to evade tax, would “weaponise” HMRC.

07/21/2015

HMRC forces fund managers to pay more tax

HMRC confirmed in the paper that the legislation will not affect the CGT treatment of genuine investments in funds made by managers on the same terms

07/21/2015

Four in five accountants leaving clients in dark over LDF

Just 19% of accountants have informed their clients about the Liechtenstein Disclosure Facility despite the beneficial programme being withdrawn in December, a survey has revealed.

07/20/2015

Liechtenstein Disclosure update - July 2015

No liability for any period before 6 April 1999

07/20/2015

New UK offshore tax laws must prove criminal intent - CIOT

The UK government’s plans for a new law to make offshore tax evasion a criminal offence must include a requirement that prosecutors prove criminal intent, according to the Chartered Institute of Taxation.

07/17/2015

HMRC moves to crack down on offshore tax evasion

These proposals will ensure tax evasion is a high-risk activity that will result in serious consequences.

07/17/2015

Switzerland, Liechtenstein Sign Double Tax Deal

Switzerland and Liechtenstein have signed a new double taxation agreement, which lowers the withholding tax rates applicable to dividend and interest payments.

07/17/2015

Strict liability offence for offshore tax evasion will apply to all jurisdictions

Under the current law a taxpayer can only be guilty of a criminal offence if HMRC can prove that the failure was deliberate.

07/16/2015

Ukraine, Cyprus agree to revise taxation agreement

Ukraine and Cyprus have agreed to review bilateral agreements on taxation to prevent the withdrawal of capital to offshore zones, Finance Minister Natalie Jaresko wrote on Facebook.

07/16/2015

Switzerland stands to gain from UK tax changes

Mr Codrington was convinced that there would be an increase in individuals that would reconsider their options once the new regime came into force in April 2017.

07/16/2015

DeMontford Bell Expands Malta Operations

Other areas where we have seen strong growth include Gibraltar and the Isle of Man

07/16/2015

All Experiencing FATCA and CRS problems? Webtech and SMP Partners have the solution

Developed by Webtech Limited in conjunction with leading corporate service provider SMP Partners, the solution is uniquely designed by users for users.

07/16/2015

Exclusive: Guernsey chief minister defends island’s tax credibility

Guernsey chief minister Jonathan Le Tocq has defended the island’s position as an “international leader” in tax cooperation after it was placed on the European Commission’s tax haven blacklist last month.

07/16/2015

HMRC moves to crack down on offshore tax evasion

HM Revenue & Customs is consulting on a raft of new measures to clamp down on offshore tax evasion.

07/15/2015

Banks pay additional £40 billion in taxes

The UK Government has introduced £40 billion in additional bank-only taxation over a period of a decade.

07/12/2015

Buy-to-let with your pension? Four tax traps

Many pension savers will be tempted to use the new freedoms to invest in property. We investigate the risks

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