07/03/2014
Tax exchange agreements are ‘redundant’, says IoM’s Allan Bell
They’ve served their purpose by stimulating FATCA, and that period of work was absolutely essential to lay the groundwork for the new global structure of tax information.”
Tax
07/03/2014
Potential tax liabilities affects Catalyst Sipp investors
Standard Life will be contacting its Sipp customers with further details when the position becomes clear, the FSCS says.
07/02/2014
Liechtenstein moves to shed tax-haven image
A global crackdown on offshore tax havens following the financial crisis and a 2008 wrangle with Germany over stolen bank data have forced the principality to come clean over its tax policies
06/30/2014
SEBASTIAN SHAKESPEARE: Learn how to avoid paying tax - at Her Majesty's embassies!
Guests were offered free drinks and canapes as they were asked if they were liable for British inheritance and capital gains tax.
06/30/2014
Putin signs law on providing information by Russian banks under FATCA statute
It is aimed at “creating legal conditions for information exchange between Russian and foreign financial institutions and tax agencies
06/30/2014
Italy's increase of financial gains tax to become effective
On 1 July, the Foreign Account Tax Compliance Act (Fatca) will also be implemented in Italy
06/29/2014
KPMG International and EY Global Limited announce that they have reached agreement
The agreement includes mutually satisfactory terms which, amongst other things, provides that as of 1 July 2014 KPMG 2014 and Accura Tax become the Danish KPMG practice and KPMG Denmark exits KPMG and joins EY.
06/27/2014
How large differences in wealth have begun a new tax debate
Dutch pre-tax incomes are by some measures nearly as skewed as America’s, but once the government has chopped them up and passed them around, they are among the world’s most egalitarian.
06/27/2014
The Non-Resident Landlords Scheme
The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.
06/26/2014
Swiss agree to widen cooperation with France on tax evasion
France and Switzerland agreed on Wednesday to cooperate more closely on French efforts to crack down on citizens with hidden Swiss bank accounts to root out tax dodgers and cheats.
06/26/2014
UBS, BNP Warned of France’s Zero Tolerance on Tax Evasion
UBS AG Credit Suisse Group AG and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax evasion.
06/26/2014
Russian lawmakers approve bill allowing compliance with US tax law
The bill now passes from the upper house of parliament to President Vladimir Putin
06/25/2014
German customs authorities seizing containers with files on account holders from the Cayman islands - Dawn Register, tax director, tax investigations team, BDO
HMRC will open enquiries and investigate the tax affairs of anyone they suspect of having undeclared assets.
06/25/2014
Axa offshore bond change offers entire tax free entitlement
All advice relating solely to the investments of the company’s Isle of Man based Evolution and Estate Planning Bonds, and its Axa Life Europe’s Selection bonds will now be considered as advice to the life company and not the policyholder.
06/24/2014
Free from Millions of Inheritance Tax: The Story of Margaret Thatcher's Inheritance
Planning for one’s future should include planning for the estate and the heirs
06/23/2014
Russian authorities eye information on offshore accounts
As a result, experts say, the new document will be part of an ambitious program to "de-offshorize" the Russian economy
06/23/2014
Tax inversions: why Britain's companies are being pursued by US rivals
UK firms are targets for American giants hoping to escape punitive rates, writes Ben Marlow
06/23/2014
Containers 'filled with Swiss bank data seized in Germany
The papers included bank details of suspected German tax-evaders and were now being investigated by German prosecutors and tax authorities.
06/20/2014
UK Deploying Swiss Disclosure Facility Data
The information was secured under a landmark deal on undeclared Swiss bank accounts held by UK residents, which entered into force in January 2013.
06/20/2014
Belgium charges UBS executive for tax fraud, laundering
The investigating magistrate released Bruehwiler -- who denies all charges