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

Oil and gas sector under threat from international tax evasion rules

Businesses that overlook this new regime and fail to comply could suffer major penalties or time-draining investigations by HMRC and other national tax authorities.

UK offshore havens see drop in company registrations

There are varying reasons for the decline, ranging from privacy concerns following a leak of documents in the BVI, to the stricter regulations on transparency that were enforced in the wake of the financial crisis.

Panama Papers Scandal: Russia To Join Global Fight Against Tax Evasion

Moscow will join the global battle against tax evasion and other illicit activities by signing up to an international scheme to stamp out fiscal cheating

Moscow warns time ticking away on businesses tax amnesty

Deputy Prime Minister Igor Shuvalov then explained the bill was so that people who have made any mistakes in their business activities could declare the property and become completely law-abiding citizens.

Significant UK tax transparency changes - Deloitte

Offshore Tax Bulletin

Top ten firm pinches partner from EY

The breadth of tax knowledge in the team is second to none and the firm’s ability to bring investment propositions is unique in the market.

FCA questions 44 more firms about Panama Papers

The firms were required to report back to the regulator last weeK.

When is a tax not a tax? When it’s “Brexit tax” by George Bull

Call me sad, but news that the OECD would today issue a statement on tax and Brexit gave me a sense of eager anticipation. We even delayed publication of this Tax Brief to study and interpret the results of the OECD’s work. So much anticipation&hell

Sark - Channel Islands and Tax Transparency - Dixcart

Sark, in the Channel Islands, is located close to Jersey, Guernsey and Alderney and is a unique and unspoiled island with no airport or cars.

Restarting the Clock for UK Non-Domiciles and Alternative Residence Options to Help Maximise Days Spent in the UK - Dixcart

The UK non-dom regime remains an attractive option for individuals seeking to move from their country of origin or current location. UK non-domiciles continue to have the opportunity to enjoy significant tax advantages for a period of up to 15 years.

Revenue planning clampdown on white-collar tax evasion

Possible use of third-party data to detect non-compliance being considered by body

LuxLeaks whistleblower trial begins in Luxembourg

The former PwC employee turned whistleblower behind the LuxLeaks scandal that implicated Luxembourg in industrial tax avoidance goes on trial in the tiny European duchy on Tuesday.

New tax rules for large European funds

The EU’s tax plans, which are expected to come into force in 2018, are likely to affect only large fund ranges and private equity vehicles, as the rules will only apply to companies with annual global revenues of at least €750m.

Let's not overreact to Panama Papers, many EU finmins warn

German Finance Minister Wolfgang Schaeuble questioned the effectiveness of the Commission's plan at the end of a two-day finance ministers meeting in Amsterdam

Cyprus backs international crackdown on offshore tax evasion

Osborne said the growing international group would deal a blow to tax evaders.

EU to tackle tax evasion

“The risk of populism is very real if we don’t act forcefully enough or quickly enough,” French Finance Minister Michel Sapin said in an interview in Amsterdam on Saturday.

Former KPMG Belfast partners seek judicial review of tax investigation

Eamonn Donaghy, Jon D’Arcy, Paul Hollway Arthur O’Brien not charged with wrongdoing

Offshore clampdown continues as HMRC protects £365m

HMRC disputed the intentions of the Clavis Liberty Fund 1 LP scheme, which created an artificial tax loss for its 99 investors.

Liechtenstein and Iceland agree to terms of tax treaty

The treaty also contains an arbitration clause, and clarifies taxation of investment funds

Isle of Man joins G5 nations in global move for greater transparency

The Isle of Man Government has today agreed to engage in an initiative on automatic exchange of beneficial ownership information spearheaded by the five largest economies in the European Union - the UK, France, Germany, Italy and Spain (G5).