10/07/2018
Where in the World Is Denmark’s $2 Billion?
This outpost of SKAT, as the I.R.S. in Denmark is known, seems an improbable setting for what the authorities call one of the great financial crimes in the country’s history.
Tax
10/05/2018
Belgium: New register of ultimate beneficial owners introduced
Those responsible for reporting UBO information must provide a complete and accurate identification of UBOs
10/05/2018
Liechtenstein, Peru removed from “grey” list of noncooperative jurisdictions
The listing process is part of the EU's initiative to tackle tax avoidance and evasion and promote fairer taxation, within the EU and globally
10/03/2018
Past tax advice cannot justify offshore non-compliance
Reasonable excuse less likely to work as mitigation under failure to correct regime
10/03/2018
HMRC wins capital gains tax battle
Private residence relief exempts a taxpayer from capital gains tax if they sell a property which has been their main residency for the time in which it was owned.
10/03/2018
Could an increase in stamp duty for non-UK residents work in practice? by Andrew Hubbard
But is tax residence the most appropriate test?
10/02/2018
55% of FTSE100 currently fail to publicly mention tax evasion
Failure to comply with the new law could result in unlimited financial penalties, ancillary orders such as confiscation orders or serious crime prevention orders, and serious reputational damage.
10/01/2018
'Game over': Macquarie's German tax scandal
Even with such a return, there had been a detailed approval process of convincing the Macquarie Bank board and its chief executive Nicholas Moore that the deal was worth the risks.
10/01/2018
UK introduces new penalties for overseas investors dodging tax
Any individuals who have paid the incorrect amount of tax on overseas income in previous years must have corrected their tax returns by the deadline, or the potential fine will double to 200% of tax owed.
09/28/2018
2019 finance bill contains BEPS / EU ATAD 1 measures - Deloitte
Parliamentary discussions on the proposals are scheduled to begin on 15 October and be finalized by the end of 2018 so that they generally would be effective as from 1 January 2019.
09/28/2018
Tax raised by lifetime allowance increased by 2,000%
Over the past decade the annual allowance has plummeted from £215,000 to just £40,000.
09/28/2018
Commission finds no impermissible state aid in Luxembourg tax ruling case
The European Commission announced on 19 September 2018 that the non-taxation in Luxembourg of certain profits allocated to the US branch was in line with domestic tax law and the Luxembourg-US tax treaty.
09/28/2018
The UK’s Requirement to Correct: game changer or damp squib?
With only days left for HNWs to get their tax affairs in order, barrister Tessa Lorimer asks if HMRC's new crackdown on offshore has teeth
09/27/2018
Newton adopts Eagle’s accounting solution
Earlier this year Newton completed its migration onto Eagle ACCESSSM, Eagle’s secure private cloud to support its business growth and improve agility.
09/25/2018
EU tax haven blacklist blocks just 1% of financial secrecy services threatening EU economies
On average, EU member states have put in place treaties that give their tax authorities power to retrieve some information in respect of 82 per cent of the financial secrecy services facing their countries, according to the Tax Justice Network’s res
09/21/2018
Clock ticking on offshore income declarations in UK
HMRC has been issuing large numbers of warning letters both to taxpayers and their advisors
09/21/2018
Gibraltar talks edging toward October deal
Spain mulling tax breaks for financial services crossing the border
09/20/2018
Senior Tax Manager named in Top 35 under 35 ranking
She is an active member of STEP, and has achieved the STEP Diploma, CTA and ATT qualifications.
09/19/2018
Three areas UK taxman is ramping up IHT probes
HMRC is treating inheritance tax as an increasingly lucrative source of income
09/17/2018
Grant Thornton calls for independent public body to appoint auditors
With Grant Thornton no longer vying for contracts amid the 100 companies listed on the London Stock Exchange with the highest market capitalisation, the gang of four seem set to further increase that share.