06/11/2014
FATCA, enacted by Congress in 2010 and taking effect on July 1, 2014, is intended to ensure that the US obtains information on accounts held at foreign financial institutions (FFIs) by US persons.
06/10/2014
Austria lacks an inheritance tax, and wealth brackets are not scaled
06/10/2014
There has been some confusion as to whether pension funds are exempt from VAT and contrasting decisions from several tax case rulings.
06/09/2014
Ed's secret triple tax whammy: Leaked Labour plans for multi-billion-pound package of 'property wealth taxes'
Secret Labour documents plan to ramp up rates on farmers and the South
06/09/2014
Britain becomes haven for U.S. companies keen to cut tax bills
Nothing about the narrow cream-colored lobby at 160 Aldersgate Street in the City of London financial district gives a hint of its role at the center of the offshore oil industry.
06/05/2014
The Group of Seven leading economies yesterday put off the threat of further sanctions
06/04/2014
The US Department of Treasury has announced that Cyprus and the US have reached agreement in substance as regards the Inter-Governmental Agreement for FATCA and Cyprus has consented to being included on Treasury's list of Model 1 jurisdictions.
06/04/2014
Georgian Finance Minister Nodar Khaduri held the bilateral meetings in the Hague as part of the annual meeting of member-states of the Holland-Belgium group of the International Monetary Fund and World Bank.
06/03/2014
Participating countries include all the world's financial giants, as well as many places where Americans have traditionally hid assets, including Switzerland, the Cayman Islands and the Bahamas.
06/03/2014
This was required under an agreement between the UK and Switzerland, which sought a middle ground on respecting Switzerland's banking privacy laws.
06/03/2014
BDO strengthens Tax Investigations team with two partner promotions
These promotions follow a successful year for the team including continued year on year growth and new work.
06/02/2014
The G20 group of countries is working with the Organisation for Economic Cooperation and Development to implement a plan to tackle on tax avoidance and evasion.
06/02/2014
Under U.S. guidance issued in early April 2014, foreign financial institutions (FFIs) located in a jurisdiction that has reached an “agreement in substance” with the United States, under the FATCA regime, will be treated as having an agreement
06/02/2014
HMRC’s Direct Recovery of Debt proposals raise concerns that tax inspectors could have a new way to access private bank transaction histories without the appropriate safeguards.
06/02/2014
The revelations have already led to the resignation of the head of Deutsche Post, which is currently the world’s largest logistics company
06/02/2014
Labour and consumption are heavily taxed, while wealth is taxed lower than in other Western European countries
05/29/2014
The OECD and the Council of Europe's Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August.
05/28/2014
Parts of the law are at the constitutional level,” meaning a two-thirds majority is needed in parliament to enact changes, he says.
05/28/2014
The Swiss Government is poised to pass HMRC a "hit list" of ten nations where holders of Swiss bank accounts siphon their money to.
05/27/2014
Barristers, accountants and solicitors were among the people targeted by HMRC to collect an extra £1billion