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

Panama looks to talks with France to get off tax haven list

Panama's president, Juan Carlos Varela, in November warned France of reprisals if his country was maintained on the blacklist.

Accountants face tough new penalties in tax crackdown

The new law means that for the first time, HMRC will be able to charge civil penalties on the facilitators of tax evasion, who provide planning, advice or other professional services or physically move funds offshore.

How to pass your pension pot to the next generation in a tax efficient way

A nominee is someone who would not qualify as a dependent but has been nominated by the members or the pension administrator.

German Government Targets Offshore Tax Avoidance

The bill also standardizes reporting obligations for direct and indirect holdings in foreign entities and synchronizes the deadline for information reporting with the deadline for tax returns.

Advisers who help tax evasion face fresh fines

The powers were announced in the 2015 Budget and have come into force this year.

Fears as Scotland ‘tax haven’ adverts expand

The UK Government has signalled that at the very least it will consider bringing SLPs into a regime that, in theory, forces most other companies to declare who their ultimate beneficial owners are.

New UK tax evasion penalties come into force

Professional advisers face fines of up to £3,000 for helping their clients to evade tax

'We need a charities tax to win back public trust, says Charity Commission boss

In the next few weeks the regulator will set out plans for a new levy to pay for an advice line for trustees who are concerned about wrongdoing, in a bid to draw a line under the recent run of scandals which has damaged the image of Britain's chariti

Jean-Claude Juncker blocked EU curbs on tax avoidance, cables show

Leaked papers reveal that as Luxembourg’s PM, the European commission president obstructed the bloc’s tax reforms efforts

HMRC empowered to name and shame tax evasion 'enablers'

Treasury says individuals or corporations who take deliberate action to help others evade paying tax face steep fines

Israel and UK see eye to eye on tax transparency

HMRC met with senior officials from the IsraeI Tax Authority to build on an open dialogue and to make a clear statement of intent for the two jurisdictions to further build their relationship.

Swiss Double Tax Agreements Enter Into Force

The protocol to the Albanian DTA was also signed in September 2015, and entered into force on December 1, 2016.

Let me raise a glass to your festive generosity.

More than £500m has been spent on PIP assessments for the disabled

HMRC To Take Further Action On Tax Avoidance, Evasion

The authority said the Government will invest GBP800m

ZKB Ends German Tax Dispute

The Zurich-based regional lender said it settled with justice officials in Cologne, agreeing to pay 5.7 million euros over untaxed assets held by German clients.

MALTA: Panama, how it shook Labour to its core, leaving it bruised but not crushed

The Panama Papers are an indelible stain on Labour’s desultory governance record.

It’s time to think about moving that spare billion dollars you’ve got stashed in a Caribbean tax haven

But an amendment to the UK parliament’s Criminal Finances bill tabled on Dec. 20 is aiming to change all that.

Greek publisher faces criminal charges of tax evasion and money-laundering

The audit revealed discrepancies in assets and declared income amounting to roughly 45 million euros.

Increasing the relevance of Internal Audit - speech by Stephen Brown

He also asks whether central banks and supervisors – and their own internal auditors – might be able to drive further improvement, and looks at the independence of internal audit.

Google cut its 2015 tax bill by $3.6 billion using the infamous Dutch Sandwich loophole

Google has sheltered as much as $58.3 billion in overseas profits