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

EU concludes negotiations with Switzerland on landmark tax transparency agreement

The European Commission has announced the conclusion of negotiations on an ambitious new tax transparency agreement with Switzerland

HMRC scores hat-trick of tax avoidance wins

HM Revenue and Customs has secured three tribunal wins against tax avoidance schemes, protecting more than £260m in tax.

State Ministers Hold Meeting with Swiss State Secretary on Tax Evasion

The meeting, which was concluded earlier on Thursday, was also attended by Justice Minister Nikos Paraskevopoulos and the President of the Parliament Zoi Konstantopoulou.

Swiss Banks Will Not Release Information on Suspected Greek Tax Cheaters

Swiss banks will not give the Greek government information on Greek depositors who are suspected of tax evasion, said a high-level official of the Financial Crime Unit.

Greece, Switzerland Resume Talks On Untaxed Money

Greece and Switzerland were to hold a new round of talks Thursday on a deal designed to help the cash-strapped Mediterranean country recover billions of euros in unpaid taxes.

Guernsey: Will Guernsey Crack The Enigma Code?

Michael Betley, group chairman of Trust Corporation International looks at how Guernsey has coped in an increasingly transparent and regulated world and how it can adapt to further change in the future.

Hodge calls for change to ‘non-dom’ rules

The meeting, which took evidence from Dave Hartnett, HMRC’s former permanent secretary for tax and Edward Troup, HMRC’s tax assurance commissioner, shed little additional light on the tax evasion scandal involving HSBC Suisse.

No where to hide: Israel, UK ally against tax evasion epidemic

In Britain, the mix of politics, the upcoming elections, the budget deficit and public pressure has provoked a whirlwind of controversy around the issue of tax avoidance and tax evasion.

HMRC introduces new strict liability offence for offshore tax evasion

HM Revenue & Customs has introduced a new strict liability criminal offence on both offshore tax evaders and those who help them following the UK Government’s clampdown on tax dodging in yesterday’s Budget.

Switzerland, EU tag team tax evasion

Bern and Brussels have clinched a deal to exhange bank account data in an effort to tackle tax fraud.

Banks to face criminal charges for allowing tax evasion

Financial services firms targeted in Budget crackdown

Isle of Man Tax Bulletin - Deloitte

Please find links below to Deloitte’s UK Budget 2015 Briefings.

Number of Britons paying inheritance tax to almost double by 2020

Office for Budget Responsibility analysis shows the deaths of 64,000 people will lead to families paying inheritance tax in 2019/10

Budget 2015: George Osborne's bank raid could trigger mass exodus

Economists at the Institute for Fiscal Studies warn that £5bn of extra taxes will deter investment in the short term

Croatia and US sign agreement to prevent tax fraud and evasion

Croatia and the United States have signed an agreement on the application of the Foreign Account Tax Compliance Act concerning accounts in foreign financial institutions

Budget 2015: 'Google tax' to launch next month - targeting multinational companies who don't pay their fair share

George Osborne announced the Diverted Profits Tax will come into effect on April 1

Liechtenstein Disclosure Facility to face early closure

The UK Government has announced in today’s Budget that it will close the Liechtenstein Disclosure Facility (LDF) half a year earlier than expected

Deloitte Tax Budget Briefing

George Osborne delivered his 2015 Budget emphasising the government’s ambition to create the most prosperous major economy in the world by 2030, with prosperity widely shared.

Brussels mulls clampdown on tax avoidance after Luxleaks

The EU executive said its ambitious plan would force the EU's 28 countries to share details of any tax deals agreed with some of the world's biggest multinationals, ending the secrecy that allowed member states to often compete against each othe

When the tax man comes knocking

Will changes to the tax regime put foreign buyers off UK property, and what does this mean for structuring through the Channel Islands?