11/30/2014
The Charity Commission has withdrawn its longstanding endorsement of donations to a parent charity that exceed the donating subsidiary’s distributable profits in light of a report by the Institute of Chartered Accountants in England and Wales.
11/30/2014
Investigations have lead to the creation of the so-called “Falciani List,” which contains the information of the suspected tax evaders.
11/30/2014
In total, authorities traced over 2,200 Greek offshore companies in non-cooperating countries, who had declared over 2,100 legal representatives, tax agents and administrators over the last 30 years.
11/29/2014
UK energy and mining companies preparing financial statements under UK GAAP will be affected by the abolition of UK GAAP in its current form.
11/29/2014
The government announced in the 2013 Autumn Statement that it intended to introduce a capital gains tax (CGT) charge on the disposal of UK residential property by non-residents with effect from 6 April 2015.
11/26/2014
The heir to the Nina Ricci perfume fortune is to go on trial for tax fraud in what is seen as a test case related to the HSBC tax avoidance scandal.
11/25/2014
Russia holds a leading place in the world among developed states by the scope of the use of offshore schemes.
11/23/2014
he study investigates and compares tax regimes across 189 economies worldwide using a case study company, and ranks them according to the ease of paying taxes.
11/23/2014
Last week, HMRC published the details of recent tax evaders on their website. The latest in a regular quarterly series of ‘Publishing Details of Deliberate Defaulters’ (PDDD) lists, it contained details of 23 taxpayers.
11/21/2014
Daniel Godfrey, IMA chief executive, said at the awards ceremony the quality of reports was mixed. Although the change was “the most significant advance in auditor reporting in decades” some of the reports were “frankly disappointing&
11/21/2014
Millionaire Tory Boris Johnson is refusing to pay his taxes.
The American-born mayor owes the country tax after he sold a house but is refusing to pay the large amount that is due
11/21/2014
Cyprus and Iceland have released the text of a new double tax agreement signed between the two nations on November 14, 2014.
11/21/2014
The Swiss private banking arm of HSBC Holdings Plc said on Friday it had been placed under formal investigation by French magistrates, who are looking into whether the bank helped certain clients avoid paying taxes.
11/20/2014
The government targets having a plan it can present by year-end that would map out how Iceland will scale back currency controls currently blocking about $6.6 billion from exiting the island.
11/18/2014
Crackdown on celebrity tax avoidance branded a failure
MPs have attacked the taxman for being too slow to crack down on controversial avoidance schemes used by celebrities and other high earners, resulting in millions of pounds being lost to the public purse.
11/18/2014
MPs tell HMRC to pick up the pace of tax investigations
The Public Accounts Committee has criticised HM Revenue & Customs for its "unacceptably slow" action against tax avoiders.
11/17/2014
The Protocol and Exchange of Notes between the UK and Japan which was signed in London on 17 December 2013 will enter into force on 12 December 2014.
11/17/2014
Financial expert Chris Thorpe casts a critical eye over Labour’s ‘mansion tax’ plans.
11/17/2014
Switzerland’s ambassador to Germany said his country is working to improve its image after years of revelations that Germans used Swiss banks to avoid taxes.
11/16/2014
The protocol was signed on 21 July 2014, and will come into force once the two countries have exchanged diplomatic notes and completed their necessary internal procedures to implement the agreement.