06/25/2018
ING Belgium accused of helping Russian oligarchs avoid tax
Strawman companies are registered in tax haven companies, but consist of nothing more than a postbox address.
Tax
06/25/2018
Not so innocent abroad: taxman targets income from foreign holiday lets
Big new financial penalties loom for people hiding any overseas earningsr
06/21/2018
The auditor of Citi, Credit Suisse and Deutsche Bank was tipped off before regulatory inspection
Court filings: KPMG employees would receive bonuses if their engagements received no comments from inspectors
06/19/2018
Real Madrid's Cristiano Ronaldo agrees €18.8m fine in tax case - sources
The final agreement has still to be signed off on both sides -- and Ronaldo's camp may yet get the prison sentence element removed in exchange for a higher fine.
06/14/2018
HMRC tax evasion cases reach record high
HMRC said it takes any reports of tax evasion extremely seriously and always thoroughly analyses and investigates any information it receives.
06/12/2018
Yanis Varoufakis: Ireland a tax haven ‘free-riding’ on Europe
Former Greek finance minister says Ireland remains deeply divided since crash
06/11/2018
Cristiano Ronaldo tax evasion: settlement reportedly close
El Confidencial says the Real Madrid forward is near to agreeing a deal with the Spanish inland revenue that would ensure he avoids jail time.
06/11/2018
Offshore offence: HMRC’s tax evasion hunt has begun
For those with extensive offshore arrangements, it is particularly important to review these to make sure that they remain compliant.
06/08/2018
Andersen Global expands into Luxembourg
B.A. Tax Accountants provides services in all tax areas, including tax planning, tax structuring, mergers and acquisitions, liquidations, and restructuring.
06/08/2018
Public sector pension funds put millions in tax haven-linked PFIs
Report traces nearly 30% of investments in Scottish schemes to offshore firms
06/08/2018
How tax compliance in Luxembourg is changing
With global accountability the ‘new normal’, it’s more important than ever to understand your tax compliance obligations in Luxembourg.
06/06/2018
$12 trillion ‘phantom’ corporate investment – it’s not just about tax avoidance by George Bull
Using the latest transparency data, a report from the International Monetary Fund estimates that multinational corporations have invested $12 trillion in empty shell companies. On top of that, around $7 trillion of personal wealth is held in tax havens. W
06/06/2018
HMRC tax evasion investigations up by 20%
In 2015, HMRC was looking at 2,972 cases, which increased to 3,216 in2016-17 and 3,809 in 2017-18 – an 18% year-on-year increase.
06/05/2018
Most workers are in favour of higher income taxes - but just for those with big salaries
When asked which assets should be taxed and how often the tax should be due, a majority of the survey respondents favoured taxing land.
06/04/2018
Switzerland set to amend anti-money laundering law
The Swiss Federal Council has now initiated the consultation process for amendments to the country's anti-money laundering law.
06/04/2018
$12 trillion of ‘phantom investment’ disappears into corporate shells
Around $2.5 trillion of FDI flows around the world each year, and the OECD estimates there is a total outstanding stock of around $31 trillion of such investment.
06/04/2018
Scrapping inheritance tax won’t make divorce easier
Proposals consider being able to gift up to £125,000 per person as a lifetime gift without payment of tax.
06/01/2018
EU puts US on the clock for tax blacklist
If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned.
06/01/2018
Beware: executors are liable for inheritance tax
When that person dies, you, as executor, will be expected to deal with their estate, making sure that their will – if they had one – is respected.
06/01/2018
Offshore tax measures behind UK evasion spike
HM Revenue and Customs identified a 20% jump in serious tax evasion cases in the past 12 months, according to data obtained by law firm Pinsent Masons.