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

NZ avoids EU tax evasion investigation

The EU delegation's statement said the commission's compilation of a list of countries for assessment pre-dated the Panama Papers.

Greek Tax Evasion Fines Approach EUR1bn

Tax evasion remains a huge problem for Greece as it attempts to increase tax revenues.

Lord Ashcroft's Belize bank hit by wave of withdrawals

It later emerged, however, that a promise he had reportedly given at the time to relinquish his controversial tax exile arrangements had not been kept for many years.

Luxembourg Proposes Lower Corporate Tax Rate

The bill also would increase complementary and global tax credits for investments

Revealed: the secret bases of Scotland 's 25,000 hidden tax haven firms

There were an average of just 498 new SLPs registered a month in the year to April 2016, more than in the whole year of 2007-08.

Richard Smith: How Scotland's tax haven limited partnerships could be reformed

Despite the incomplete registration records, it is obvious that many of the agents bulk-registering dubious SLPs are based offshore, completely eluding the UK’s ramshackle anti-money-laundering system. Offshore agents must be brought under control,

Luxury property tycoon says lavish gifts to brother were for 'love' not tax evasion

Luxury property tycoon insists largesse worth over £200m was a show of family affection and respect for late father’s wishes

Italian-Swiss TIEA Enters Into Force

A country has to exhaust all of its own internal legal procedures before it can request information from the other.

UK Property - The Non-Resident Landlords Scheme

The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.

Revenue probes 40 'tax-neutral' companies for suspected abuse

As long as payments out match payments in, S110 securitisation vehicles pay virtually no tax, if any.

Vulture funds using charitable status for tax avoidance being investigated

Some vulture funds are using a tax loophole to pay as little as €250 in tax in Ireland.

PanamaPapers Aftershocks: G20 to Prepare Tax Havens Blacklist by July 2017

Mossack Fonseca did not validate the information contained in the leaks but accused reporters of gaining unauthorized access to some of its proprietary information.

UK ranks outside top ten for property tax

The UK levies higher purchase taxes on prime real estate than many key competitors, and risks reducing its attractiveness to globally-mobile executives and high net worth investment from overseas as a result, according to a study by UHY Hacker Young

Government changes tax policy

Entrepreneurs perceive proposed changes, except reduction of the corporate income tax, negatively.

Negotiations to amend Cyprus-India double tax agreement concluded

With taxation rights over gains on the disposal of such shares at any future date remaining solely with the state of residence of the seller.

HMRC explores tougher methods for publicising tax fraud by the wealthy

Public Accounts committee criticised HMRC's lack of strategy

Consultant launches international tax advisory service

It has invested significant funds in hiring a US tax team to complement its existing UK operation.

OECD secretariat reviews the functioning of the Italian tax administration

The collection of tax debt needs to be modernised, building on the positive results achieved since the function was brought into the public sphere.

Transparency is not a one way street by Andrew Hubbard

Dispute resolution with HMRC has changed out of all recognition since the controversy over the “sweetheart” deals with Vodafone and Goldman Sachs. The latest annual report shows that while the process is a lot more rigorous, there are still a

Scotland's biggest airports - Edinburgh, Glasgow and Aberdeen - are owned in tax havens

Official filings show that the capital’s hub – the main gateway for visitors to Scotland – is ultimately in the hands of an off-the-shelf company registered in the Cayman Islands.