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

Germany, Australia To Negotiate New DTA

Australia and Germany are to negotiate a new double taxation agreement (DTA), the Australian Government announced on June 16.

Updated Jersey FATCA Guidance Notes

On 11th June 2015, the Jersey Tax Office released an updated version of the Jersey FATCA Guidance Notes

Baker Tilly to strengthen market position by adopting RSM as global brand

Baker Tilly is one of the UK’s leading audit, tax and consulting advisers, with 3,400 partners and staff operating from 32 offices around the country.

What exactly is the problem with salary sacrifice? by Andrew Hubbard, Baker Tilly

There has been a lot of speculation recently about the Government closing down the salary sacrifice “loophole” which according to some estimates could be costing the Treasury £5bn a year. But is there really a problem, and if so what sho

Netherlands Ready to Shed Double Taxation With Kenya

The Netherlands is ready to sign the long awaited agreement on double taxation with Kenya, to cut the cost of trade, its ambassador Joost Reintjes said yesterday.

Recent Tax Treaty Developments In Cyprus by Philippos Aristotelous, Andreas Neocleous & Co

The proposed provisions are similar to existing provisions relating to information exchange except in one important regard.

HMRC ditches Microsoft for Google, sends data offshore

Tax doesn't have to be taxing for US firm with inside track

SMP Accounting & Tax - UK Property -The Non-Resident Landlords Scheme 2015

The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.

Ocean Finance Upper Tribunal Judgment - Deloitte

Webcast: 8 June 2015, 4pm

Accord to Avoid Double Taxation with Norway Now Before Bulgarian Parliament

The updated system to avoid double taxation between Bulgaria and Norway will intensify the bilateral trade and economic cooperation

Tax evader crackdown by HMRC widens to smaller cases

A sharp fall in the average length of custodial sentences given to criminal tax evaders is a clear signal that HM Revenue & Customs is increasingly targeting smaller cases

Belgium targets low-tax wealth structures with its new “Cayman Tax”

Belgium has therefore decided to follow its Dutch neighbour's example and target income received from low-tax wealth structures.

No safe havens… by Gary Heynes

Perhaps surprisingly, Switzerland is one the first to sign up to an automatic exchange agreement with the EU, with Andorra, Liechtenstein, Monaco and San Marino set to follow. This means that very soon there will be no safe haven for hidden funds…

Development MEPs call for action to target tax evasion in developing countries

Development MEPs called on companies in all countries to adopt country-by-country reporting and make all information public in order to fight tax evasion and illicit money flows in developing countries, in a resolution adopted on Monday afternoon.

Sentence length for tax evasion plummets

The average custodial sentence length for criminal tax evasion has fallen by around 60% over the last four years

Spanish Wealth Tax. How Does It Affect You And What Can You Do?

Wealth tax is an annual tax, payable on the total value of your taxable assets as at 31st December.

Tax And Pensions Following The UK Election

Now that the dust has settled on the UK elections, what does the result mean for tax and pensions?

SMP Accounting & Tax - VAT Newsletter - May 2015

Welcome to the latest VAT newsletter that looks at the latest changes to the VAT systems in the UK, the Isle of Man and throughout the EU.

FATCA Reporting Bulletin - Deloitte

HMRC are aware that difficulties are being experienced in validating FATCA registrations in advance of the 31 May 2015 deadline.

Tax Planning And Portugal’s Non Habitual Residence Scheme

To qualify as a non-habitual resident you must not have been tax resident in Portugal for any of the previous five years