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

Fatca could push French banks to close up to 40,000 accounts

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.

Luxembourg moves to enforce crackdown on tax-avoidance

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.

Luxembourg Government submits bill to Parliament implementing the EU Anti-Tax Avoidance Directive 2 into domestic law

Luxembourg taxpayer must be able to provide the tax authorities with any relevant documentation

Andersen Global Grows Austria Team

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.

An end to the favourable tax treatment of partnerships? by George Bull

Income tax is the single largest source of government revenue

Ex-Grant Thornton U.K. CEO Sacha Romanovitch Has a New Gig

A 28-year veteran of the Queen’s Grant Thornton, Romanovitch took over as CEO of the firm in July 2015.

Bitcoin investors face tax crackdown from HMRC

HMRC is looking to work with exchanges when it comes to finding information on people who have been buying and selling crypto

More UK non-doms switch to domiciled status after tax changes

The switch explains the decline in the number of registered non-doms in 2017/18, HMRC says

Majority of Germans to stop paying 'solidarity tax' from 2021 - draft law

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.

Estera Launches Economic Substance Solutions

The portal and guide will be used by Estera clients to help establish how their entities are impacted by the new economic substance regulations.

A fair share of tax or a missed opportunity? HMRC reveals latest non-dom statistics

This policy shift was designed to increase tax revenue

UK taxman demands customer info from crypto exchanges: report

The move follows similar steps from tax authorities elsewhere, most notably the IRS in the U.S., towards recovering unpaid tax on cryptocurrency transactions.

Hope for Tax Dodgers in German Chaos?

There, officials are sifting through to root out suspected tax dodgers and cheats.

Italy: Tax incentive for professional athletes

One of the greatest advantages of the special tax regime is that it applies to all employed and self-employed professional athletes

Hargreaves Lansdown loses 'discount tax' battle with HMRC

Online stock broker loses legal battle with taxman that could have returned £15 million to around 150,000 customers.

Minister's proposal of corporate tax reforms causes strong reaction from Cyprus business community

It will also scrap an annual fee of 350 euros paid by every company, and stamp duties.

UK increasingly reliant on super rich for tax income

A disproportionate number of the top 1% of taxpayers are male, middle-aged, and based in London – and receive around 14% of national income, according to new research by the Institute of Fiscal Studies (IFS)

The Charity Tax Commission publishes recommendations to increase the effectiveness of charitable tax reliefs

The report, commissioned in 2017 by the National Council for Voluntary Organisations, specifically focused on the effectiveness of Gift Aid, business rates relief and VAT.

Do high taxes work? by James Hambro

The effects of such eye-watering levels of tax were devastating.

Film Tax Credits Soar to $2.3 Billion as U.K. Watches for Abuse

The increase comes as the tax agency continues its crackdown on film production companies that convince high net-worth individuals to partner with them to invest in films.