12/27/2016
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.
Tax
12/23/2016
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.
12/23/2016
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.
12/22/2016
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.
12/22/2016
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
12/22/2016
Deloitte gives up on millions of pounds worth of government business to atone for leaked memo
Deloitte reportedly feared a more draconian punishment unless it made an offer first.
12/22/2016
Football Leaks: Monaco forks out millions to Spain in transfer taxes
Monaco are protesting the extravagant sum in the courts but have already paid it in full.
12/22/2016
Vontobel: in Talks With German Tax Authorities
Vontobel long ago had started assisting its customers registering their assets with the tax authorities
12/21/2016
Amendment sought for greater transparency over UK's offshore tax havens
Tax transparency standards are essential to hold the overseas territories accountable for their policies
12/21/2016
EU Accused of 'Amnesia' in Backtrack Over Panama Papers Tax Register Response
The documents show how wealthy individuals, such as public officials, hide their money from public scrutiny.
12/21/2016
UK lawmakers call for tax transparency in British territories
While the UK requires companies to disclose their true owners, to ensure criminals can't conceal illicit money flows or hide assets from victims or creditors
12/21/2016
Guilty unless proved innocent?
HMRC prides itself on its charter which outlines taxpayers’ rights and obligations, but a recent tribunal has thrown in to question whether HMRC always adheres to these principles.
12/21/2016
CIOT reports on PAC hearing into HNW unit
Among the areas HMRC says it is looking into are the so-called Panama Papers, footballers, overseas assets and marketed avoidance schemes.
12/21/2016
Why Corporate Tax Avoidance Must Be Stopped
Tax evasion is illegal; it can encompass a number of methods
12/20/2016
Foreign banks in Britain paying fraction of tax rate
Seven of the biggest international banks operating in London – Europe’s main investment banking centre – have published profit and tax data ahead of a year-end deadline stipulated by EU law.
12/19/2016
UK releases draft legislation on rules restricting deductibility of corporate interest expense
The government also published a summary of responses to the May 2016 consultation, setting out its decisions on all aspects of the new rules.
12/19/2016
Italy: Tax court decisions cast doubt on compatibility of participation exemption regime with EU law
However, the free movement of capital principle does not extend to situations where the seller is resident in a country
12/19/2016
Poland: Changes to corporate income tax rules target tax avoidance/evasion
The value of the in-kind contribution that exceeds the nominal value of the shares that is allocated to the company’s reserve capital generally is not taxable.
12/19/2016
The Tax Treatment of New French Residents – A Bird’s Eye View
Passive income from foreign sources may benefit from a special 50% exemption.
12/19/2016
Arsenal star has house seized in Spain amid tax investigation
Last month, Sanchez’s agent released a statement which denied all allegations.