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

UBS Loses Appeal in French Tax Evasion Probe

UBS to Challenge French Ruling at European Court of Human Rights

Boris Johnson risks US fine or jail over failure to pay American capital gains tax on London property

Boris Johnson risks a hefty fine or even a spell in jail if he fails to pay American capital gains tax on a London property he sold in 2009

Diverted Profits Tax To Undermine UK Economy: ACCA

In the recent Autumn Statement, the UK Government announced that a 25 percent DPT would be introduced from April 2015 to tackle artificial profit shifting arrangements that have the effect of reducing profits taxable in the UK.

How Google and Apple Make Their Taxes Disappear

The British government, after a search, says it knows how to tax the profits Google earns in the United Kingdom. Its solution is simple and elegant, and it probably won’t change a damn thing.

New Luxembourg leaks reveal James Packer’s PBL in secret Swiss tax deal

A secret deal with the Swiss government negotiated by media group Publishing and Broadcasting Ltd when James Packer was chief executive set a tax rate of less than 2.15 per cent on PBL’s intra-company loans.

Bombardier among companies exposed for controversial Luxembourg tax plan

Quebec Finance Minister Carlos Leitao has asked Revenue Quebec to look into Bombardier’s tax practices after a leak of documents outlining the aerospace company’s secret tax proposal with Luxembourg. Quebec Finance Minister Carlos Leitao has a

US Republican presidential hopeful Jeb Bush uses UK fund that could lower his American tax bill

Jeb Bush, a front-runner to become the Republican Party’s next presidential nominee, has used Britain to set up a private equity fund that could possibly allow it to avoid paying tax in America

Gov't drops plans to make offshore tax evasion a criminal offence

In August HMRC said it was looking to make tax evasion a criminal offence.

Half-hearted Google Tax could backfire

Richard Murphy asks whether the introduction of the Diverted Profits Tax means this is a good day for tackling tax abuse

FSCS and Standard Life thrash out SIPP tax deal over ARM recoveries

The FSCS said it had received guidance from HM Revenue & Customs (HMRC) relating to the payment of Arm-related recoveries made directly to Standard Life SIPP members indicating the payments would be treated as an unauthorised payment and liable to pen

Luxembourg tax files: can Jean-Claude Juncker weather the storm?

EU political elite will not make life difficult for commission chief, but fate will hinge on the evidence against him

What the new property taxes mean to you - LCP

Overall, the domestic market acquiring properties under £1m has benefited and there could be a far more reaching upside for the general economy from this much-needed confidence booster.

Big Four dragged into Luxembourg tax row

A new wave of leaks detailing complex tax deals with household brands has dragged the Big Four into the Luxembourg tax row

IFAs to lose out with goodwill taxation clause

Any IFA who wishes to incorporate before the end of trail commission will find himself caught out by the removal of entrepreneurs’ relief on goodwill

Head of Tax at Grant Thornton named one of the top 50 most influential private client practitioners

This prestigious award recognises the contribution of highly talented practitioners in the private client sector

Building a tax fairyland in Luxembourg in five not-so-easy steps

Here, in five steps, is how the company gathered ownership of its empire, from Australia to Denmark to the Cayman Islands, into Luxembourg.

Margaret Hodge attacks PwC on tax avoidance

MP Margaret Hodge has accused accounting firm PwC of “selling tax avoidance on an industrial scale”.

Bulgaria Concludes US FATCA Deal

Bulgaria has formally signed up to the US's Foreign Account Tax Compliance Act (FATCA), just over six months after the two countries concluded a transitional "in substance" agreement.

Expat UK property buyers: UK Stamp Duty changes - the winners and losers

Property commentators in the UK believe a majority of homes located in places such as the London commuter belt and some of its cheaper boroughs will be significant winners, following the changes to UK Stamp Duty Land Tax announced by the UK chancellor Geo

Putin welcomes billionaires back to Russia – but will they come?

President Putin’s surprise amnesty allowing Russians with cash stashed abroad to bring it back home with no penalty may be a windfall, but then maybe not.