08/29/2019
The tax system in its current form of taxing income was introduced by William Pitt the Younger with effect from 1799 (obviously with updates, new legislation and amendments), so it is no surprise that the fiscal regime no longer dovetails with today&r
08/28/2019
Germany's Social Democrats are calling for nationwide wealth tax. Why is the idea gaining momentum, and is it the answer to bridging the growing gap between rich and poor?
08/23/2019
The main driver behind the extra cash collected is the loan charge introduced in April 2019.
08/22/2019
The cash collected constitutes over a third of HMRC's £34bn compliance yield for the period, with the remainder being made up of future losses prevented; future benefit; product and process analysis; and accelerated payments.
08/22/2019
The Loan Charge was announced in the 2016 George Osborne budget and as a result, made any outstanding loans on April 5 this year taxable income.
08/21/2019
While France and Panama already implement double taxation agreements, Paris is not satisfied with the information exchange.
08/21/2019
Only around 55 per cent of UK adults currently pay income tax.
08/20/2019
Facebook and Amazon are set to back US president Donald Trump’s probe into the French tax on large digital companies
08/20/2019
The question at hand is how Seith got internal bank documents that allowed him to make the case against the Swiss banking system.
08/19/2019
Overall, almost two thirds of HMRC’s yield from investigations isn’t actual cash, it’s purely hypothetical and could just be a figure plucked out of thin air.
08/16/2019
The Fatca international tax code was intended to clamp down on international tax avoidance, but many Americans living abroad have found it has also caused problems for them.
08/16/2019
Certain Luxembourg entities which are liable for corporation tax, including Luxembourg permanent establishments of foreign entities, will be subject to the legislation from 1 January 2020.
08/15/2019
Luxembourg taxpayer must be able to provide the tax authorities with any relevant documentation
08/14/2019
This collaboration will allow our firm to continue to grow and provide us with greater resources so that we can serve our clients even better, with more significant reach and expertise all over the world.
08/14/2019
Income tax is the single largest source of government revenue
08/13/2019
A 28-year veteran of the Queen’s Grant Thornton, Romanovitch took over as CEO of the firm in July 2015.
08/13/2019
HMRC is looking to work with exchanges when it comes to finding information on people who have been buying and selling crypto
08/13/2019
The switch explains the decline in the number of registered non-doms in 2017/18, HMRC says
08/12/2019
The draft law says that around 90% of taxpayers should no longer pay the tax, which adds 5.5% to income taxes, from 2021, calling it the most comprehensive tax reduction in over 10 years.
08/09/2019
The portal and guide will be used by Estera clients to help establish how their entities are impacted by the new economic substance regulations.