01/12/2015

Professional footballers in £1bn tax bill

Over 400 professional footballers could face a combined tax bill of £1bn after they invested in tax avoidance schemes which qualified for tax breaks through investments into the UK’s film industry.

01/02/2015

Taxing times

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

12/30/2014

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.

12/29/2014

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.

12/19/2014

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.