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

HMRC widens net with jump in the number of serious tax evasion cases

HMRC has been handed a further £800m to aid its attempt to hit the target.

MEPs set to probe Panama Papers and flouting of EU tax rules

The European parliament has set up a 65-strong committee of MEPs to probe the Panama Papers revelations into the use of offshore companies and their ultimate beneficiaries.

Now’s the time for this government to act on tax avoidance John McDonnell

Labour MEPs will be supporting both.

Tax havens linked to UK must comply with transparency drive, MPs say

The committee also called for a cross-government approach to implementing the United Nations sustainable development goals in the UK.

Middle-market business caught as multinational tax avoidance clampdown takes hold

Many mid-sized businesses will need to be much more proactive in terms of thinking through international tax issues after a new RSM survey revealed that the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan proposals will impact middle-mark

Isle of Man tax dodge could violate Income Tax Act, KPMG insiders cautioned

Internal KPMG emails, documents reveal concern over offshore scheme that CRA later called a 'sham'

HMRC revenue from tax on ‘enveloped’ properties soars by 50%

The UK tax office has raised £174m ($255m, €220m) from a tax on British homes owned by companies

Authorities to Have Access to Assets of Greeks in 100 Countries

The AEOI is a branch of the Organization for Economic Co-operation and Development and aims at fighting tax evasion.

Cyprus says 'very close' to revising tax treaty with India

As part of larger efforts to curb illicit fund flows, Indian government has been working on revising tax treaties with various countries

Lionel Messi defends himself at €4m tax evasion trial

The FC Barcelona star and his father Jorge stand accused of defrauding Spain of over €4million in taxes by using offshore companies in Uruguay and Belize to conceal image rights earnings in the period 2007-2009.

65 MEPs to investigate Panama Papers Contraventions and Tax Evasion

Spotlight could fall on EU member states, like Malta, for facilitating ‘tax avoidance’ through profit-shifting

Panama Papers Reveal Tortola Connections of Iceland’s Richest Men

An article in Stundin today reveals the connections of father and son Björgólfur Guðmundsson and Björgólfur Thor Björgólfsson to offshore companies.

Panama Papers Colleges Deny Offshore Activities

Unscrupulous companies may be trading off FE names listed in leaked documents

Spanish police ask Santander for documents in HSBC tax probe

The probe is linked to tax avoidance but how much money is involved is unclear at this stage, a court source said.

French investigators went to crazy lengths to make sure Google didn’t catch wind of their tax investigation

The raid has apparently been a year in the making, and involved 100 investigators.

Panama papers – More than 300 offshore companies have retail property in Belgium

The papers investigating the Panama case include Knack, De Tijd, Le Soir and MO.

Grant Thornton win Firm of the Year

The firm achieved a nine out of ten score rating.

HMRC loses £50m Chelsea Barracks tax appeal to Qatar

The Court of Appeal ruling supports our view that SDLTis payable.

Avoiding Pension Freedom Tax Pitfalls With QROPS

Two unfortunate consequences have combined to complicate the income tax they pay.

Standard Life Investments votes against against appointment of EY as Shell auditors

Some 92.41% of investors voted in favour of EY’s appointment.