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

Tax evasion issue continues to haunt Swiss banking

Customers have withdrawn billions of francs as a result often some of the banks’ highest-margin business.

The Lure of Europe's Tax Havens

The same cannot be said of corporate tax avoidance and evasion.

KPMG partners face backdated bills from taxman

The dispute hinges on how KPMG sets aside money to cover its partners’ tax bills.

Germany Provides Update On 10-Point Tax Evasion Plan

To combat money laundering, the action plan reiterates that Germany is in the process of adopting the Fourth Money Laundering Directive

Grant Thornton launches Innovation Team to support region’s growing knowledge economy

Plans for the £2bn Knowledge Quarter have the very real potential to transform this city’s economy.

Tax Treaty Loophole Triggers Tax-Free Pension Cash

The rate of income tax in the UAE is 0%, so no tax is due.

Don't let up in fight against tax avoidance, Moscovici urges EU states

It suggested states should be given more time to adapt to changing rules.

France’s wealth tax riles and divides presidential candidates

Amid cries for tariffs on rich, critics say it drives entrepreneurs away

Andersen Tax & Legal Debuts in Italy

They will operate as Andersen Tax & Legal and are the third member firm to assume the Andersen name in Europe. Andersen Tax & Legal debuted in Spain in March 2017.

DWP takes disabled woman's Motability car off her to save £8k - then offer to pay £65k on taxis instead

The move, which would cost the taxpayer an extra £19,000 a year, was branded shambolic by the 58-year-old's local MP

Jersey Announces Tax Amnesty

An online form will be available for people to correct any past mistakes with income tax or GST returns.

Gibraltar U-Turn On QROPS Pension Freedoms

But in a surprising U-turn, the drafted rules were dropped last week after talks with HMRC and the Treasury in London.

Norway wealth fund puts companies on spot with tax, pay demands

For us long-term incentive plans should be removed from pay packages.

Norway’s Wealth Fund Calls for End to Tax Avoidance Plans

Tax is one of the ways in which businesses contribute to the societies on whose legal and financial infrastructure they rely for the orderly execution of their activities.

Hong Kong signs data-sharing deal with South Africa and Portugal

It is the latest data-sharing agreement signed by Hong Kong

Malta wants EU to slow down drive against tax avoidance

Moves at global level are notoriously slow on tax matters.

Why are HMRC being so coy about the data they hold on taxpayers?

An OECD report this week highlighted the ways in which tax jurisdictions around the world are using technology to prevent, identify and tackle those perceived to be cheating the system.

France investigating hundreds for tax fraud due to Panama Papers

The targets are either wealthy individuals believed to have hidden millions in shell companies or banks, lawyers and other intermediaries believed to have helped them.

Panama committee chairman challenges Malta government claims questioning legal mandate

Accuses me of overstepping my institutional role and of joining a national party campaign.

U.K. Financiers Battle Government Over Taxes as Brexit Looms

Starting Thursday, those who’ve lived in Britain for 15 of the past 20 tax years will be deemed as domiciled in the U.K. for tax purposes, effectively putting an end to long-term “non-dom” status.