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

Swiss citizens come clean on tax cheats

A total of 15,039 Swiss residents have filed voluntary disclosures since the government introduced an amnesty

Pensions – is the lure of distant shores fading? by Gary Heynes & Lesley Fidler

British expatriates have always been able to enjoy additional pensions freedom by moving their pension funds out of the UK under the Qualifying Recognised Overseas Pension Schemes (QROPS). But now HMRC is reviewing QROPS as a result of the 2014 pensions c

Cyprus: 3 more tax treaties as of January 1, 2015

It is worth noting that each treaty contains an article providing for the exchange of information

Offshore Tax Crime Proposal Left Out Of Finance Bill

This does not mean the move is dead in the water

Dead and buried, France quietly scraps controversial wealth tax

The Socialist government on Saturday moved to scrap an unpopular 75% tax on the country's wealthiest, after a wad of criticism for being anti-business.

Taxing times

Businesses in the island’s vital financial services are gearing up for ‘substantial changes’ dealing with tax

Austria double taxation pact to take effect today

A double taxation avoidance agreement between Taiwan and Austria, which is expected to boost bilateral trade an investment, will take effect on Jan. 1, 2015

Kiev targets oligarchs with budget bill

The laws will form the revenue-boosting backbone of an austerity-packed 2015 budget

Do not unfairly tax the rich

The former private client lawyer and partner of London-based Simmons & Simmons where acted for some of world’s wealthiest, said that when the top rate of tax came below 50 per cent, the tax take increased by 5 per cent.

Kiev targets oligarchs with budget bill

Recession-battered and war-torn Ukraine overhauled its business-choking tax system early on Monday, promising to lower the burden on small businesses and lower-income citizens while closing loopholes long exploited by oligarchs.

Vatican Bank Joins 100 Nations In FATCA Offshore Account Hunt

In his annual Christmas messages to more than one billion Catholics, the Pope may have left out something: offshore account compliance.

Netherlands, Curacao To Avoid Double Taxation From 2016

The Dutch Ministry of Finance announced that a new regulation for the avoidance of double taxation between the Netherlands and Curacao is expected to be effective beginning 1 January 2016.

Kazakhstan's Majilis ratifies double tax treaty between Kazakhstan and Qatar

Majilis, a lower chamber of Kazakhstan's Parliament has ratified the Agreement to Avoid Double Taxation between Kazakhstan and Qatar

Mark Chesham, Moore Stephens, Bristol: Impending EU VAT changes for digital businesses

Complex changes to VAT rules in the new year for businesses which sell digital services in the EU are continuing to develop.

Swiss reputation abroad suffers setback

However, Switzerland’s reputation has improved in Poland and in Britain over the past five years.

German state buys tax CD containing Swiss bank client data - paper

The newspaper also said that in the past week there had been several raids on the unreported income of clients of Credit Suisse in NRW related to a tax CD that NRW authorities bought in 2012.

OECD document on international tax dispute resolution is "disappointing", says expert

A discussion document on making dispute resolution mechanisms in international tax disputes more effective is does not provide enough answers to the questions it raises, an expert has said.19 Dec 2014

Qatari ruling family hit with £38million stamp duty bill after using tax avoidance scheme on purchase of Chelsea Barracks

The Qatari ruling family has been ordered to pay £38million in stamp duty for the purchase of Chelsea Barracks after using an aggressive tax avoidance scheme to avoid the bill.

Cyprus signs agreement with United States under FATCA

On December 2 2014 the Cypriot finance minister and the US ambassador to Cyprus formally signed the intergovernmental agreement between Cyprus and the United States under the Foreign Account Tax Compliance Act.

Seminar advises on raft of UK tax changes

More than 200 financial services professionals filled the Sanderson Suite of the Claremont Hotel to hear of substantial changes in the local and international tax environment.