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

Cyprus and Norway sign agreement to avoid double taxation

Cyprus and Norway have signed an Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion, concerning Income Taxes, as well as a relevant Protocol.

French Bank Account Regularization Requests Top 15,000

French Budget Minister Bernard Cazeneuve has told the National Assembly Finance Committee that almost 16,000 residents with undeclared foreign bank accounts have elected to regularize their tax situation in the last eight months, through a voluntary decla

BBC star aInvolved In 'Second-Hand Car' Tax Scheme

The tribunal, under Judge Colin Bishopp, described that evidence as "very brief and rather uninformative".

Foreign Bank Lobby Urges Italy to Cut Taxes

Group Says its Members Are Willing to Buy More of Government's Debt

German-Swiss tax deal similar to UK’s is ‘dead’: report

The German deal was originally agreed in principle in 2011, about 10 days before a similar scheme was approved for the UK, in 2011.

French official says 11 eurozone nations seek to propose financial transaction tax by May

Officials started pushing for the tax in the wake of the 2008-9 financial crisis to curb speculation by investors and claw back revenues following the government bailouts of banks.

Swiss Tax Deal Seen Buried After Prominent German Cases Revealed

A proposed Swiss-German tax accord is dead and buried amid growing public opposition in Germany to any agreement that’s seen as too easy on evaders

Germany, France seek to revive transaction tax plan

Germany and France will lead a face-saving bid this week to revive a flagging project to tax financial transactions in 11 euro zone countries and allay fears it could hamper economic recovery.

Wealthy Britons in the dark over inheritance tax rules

Wealthy Britons risk leaving their loved ones with an unexpected tax bill after a new report revealed less than half are aware of the inheritance tax threshold.

Maradona Denies Accusations of Tax Evasion in Italy

The Italian justice is claiming him 39 million euros for an old case pending for an alledged tax evasion

Skandia calls for tax relief extension on workplace advice

Skandia has called on the Treasury to extend tax relief on advice for employees given through the workplace.

NORWAY: Government wants to remove wealth tax

The wealth tax limits the Norwegian business sector, says Prime Minister Erna Solberg. Solberg dismisses that the wealth tax is a tax for the wealthy.

Germany's rich and famous in taxman's crosshairs

Amid the spate of cases, the public perception of tax-dodging is shifting from that of a naughty but common misdemeanour to a crime and a moral assault on fair burden sharing in society.

Treasurer for Merkel's Party to Quit as Tax-Evasion Debate Simmers

The treasurer for Chancellor Angela Merkel's party said he would give up his position in April, after facing criticism for transferring money into a Bahamas-registered trust in 1997 and as a widespread debate on tax evasion continues to simmer here.

U.S. charges Swiss asset manager in offshore tax fraud case

U.S. prosecutors on Thursday announced they indicted Peter Amrein, a Swiss asset manager, on charges that he assisted U.S. taxpayers in evading millions in taxes by hiding money in offshore trusts at multiple Swiss banks.

Canada, Hungary sign US anti-tax evasion pacts

The law also applies to foreign companies that are substantially owned by US taxpayers.

Celebrity tax dodging prompts calls for crackdown in Germany

Revelations that prominent Germans have for years hoarded cash in secret bank accounts have prompted calls from Chancellor Angela Merkel's Social Democrat coalition partners for a clampdown on tax dodging.

Greece Targeting Tax Dodgers Seeks U.K. Model From Swiss

Greece’s chronic difficulties with tax evasion was a topic of discussion today when Finance Minister Yannis Stournaras met his Swiss counterpart Eveline Widmer-Schlumpf in Athens.

Fund manager considered cancelling Amazon investment over tax avoidance

Royal London Asset Management demanded clarity over online retailer's tax levels – and locations where that tax was paid

Slovenia Initials FATCA Agreement With US

Failure by an FFI to disclose information on their US clients, including account ownership, balances and amounts moving in and out of the accounts, will result in a requirement to withhold 30 percent tax on payments of US-sourced income.