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

Government Weakness Has Allowed Tax Dodging To Flourish

“It’s not just about clever companies,” O’Sullivan stressed. “Somebody has to create the tax haven for profits to be shifted in to, and many governments are willing to do that.”

UK withholding tax on interest paid to non-UK residents - Withers

The current basic rate of income tax in the UK is 20%. Whilst there are various circumstances to which deduction of income tax at source is relevant, the specific purpose of this article is to describe the position that applies when UK source interest is

Hammond called on to suspend stamp duty for purchases under £500k

Rachael Griffin, financial planning expert at Old Mutual Wealth, said should a move take place it could provide much needed stimulus to the market following the uncertainty caused by the EU referendum.

How could Brexit affect employee assignments abroad?

Following the EU referendum, there is considerable uncertainty surrounding how Brexit will impact employers and employees in the globally mobile workspace. Whilst nothing is certain, there are a number of tax issues to consider for UK employers who are ei

Tax planning - Belgians declared 1,580 offshore companies in 2015

Since 2014, Belgian taxpayers have had to mention the use of offshore companies in their tax return.

It’s time to get tough with the big boys

Lately things have changed, especially regarding his notion that tax should be compulsory.

French Government Offering Tax Incentives to Grab UK Banking Business

France’s financial sector has often complained of government ambivalence towards the industry, which is subject to high taxes and sometimes hostile remarks from politicians.

EU-Backed Financial Schemes Largely Unsuccessful, Says Accounting Watchdog

EU-backed loans, guarantees and equity investments are expensive and have a poor record of triggering private investment, says a new report from the EU’s accounting watchdog.

Ukrainian government again proposes to ratify changes to tax convention with Cyprus

The minister also said that the agreement envisages a compromise in dividend taxation.

The New Double Tax Agreement Between Cyprus And Latvia

The key features of the DTA are as follows.

EU Seeks to Fill Tax-Avoidance Gaps in Wake of Panama Leaks

The European Commission, alongside governments, is screening a draft list of countries.

UBS- Request For International Administrative Assistance In Tax Matters

UBS has largely completed a compliance program with clients based in Europe, including France. The bank was among the first in the industry to take this step requiring documentation of tax disclosure by its clients.

Will post-Brexit corporation tax cut be followed by personal tax increases, and NIC hike too?

In this week’s Tax Brief, we unpick the Chancellor’s statement regarding plans to cut the rate of corporation tax to 15 per cent and explore the implications for business tax, income and employment taxes and VAT.

No more tax dodging? Britons 'should pay UK taxes wherever they live in the world'

The UK income tax system isn’t fair at the best of times.

A cut in UK Corporation Tax – great news for investors?

Those individuals who are saving for their retirement through their businesses might be wise to seek to maximise pension contributions whilst 20% Corporation Tax remains available.

Noda Studio Recognized for IP Tax Advisory

Andersen Tax has announced that Noda Studio, a member firm of Andersen Global in Italy, received the International Le Fonti Award and was recognized as the Professional Taxation Studio of the Year in Intellectual Property.

Finance ministry: Ukraine, Austria increasing rates to avoid double taxation

This work includes the adjustment of the current international agreements on the avoidance of double taxation to the international standards.

U.K.'s Osborne Promises Corporate Tax Cut to Lure Investment

The Chancellor of the Exchequer says he will bring business tax rate down to less than 15%.

Offshore Tax Bulletin - Deloitte

Welcome to Junes 2016 edition of Deloitte’s Offshore Tax Bulletin, which provides a round-up of local and international tax issues relevant to the Isle of Man, Guernsey and Jersey businesses and individuals.

New Corporate Criminal and Civil Offences for failing to prevent the facilitation of Tax evasion - Deloitte

The UK Government is looking to introduce new Criminal and Civil Offences targeted at businesses involved in tax evasion. The measures are intended to address a perceived inability to effectively prosecute UK led businesses whose staff facilitate tax evas