02/17/2016
International Tax News, February 2016 - PwC
authored by specialists in PwC’s global international tax network.
Tax
02/17/2016
Taiwan, Italy sign agreement to avoid double taxation and tax evasion, according to MOFA
Italy became the 14th country in Europe to complete a double taxation avoidance agreement with Taiwan.
02/17/2016
Isle of Man Tax Bulletin - Deloitte
Isle of Man Budget 2016/17
02/16/2016
Think corporate tax avoidance is bad for Britain? With TTIP it could be about to get even worse
Under new trade deals being negotiated by the Government, US corporations would be able to challenge British tax laws in secret tribunals
02/16/2016
Murray Beith Murray acquire tax advisory firm
Murray Beith Murray said the acquisition of Edinburgh-based Neil Ross & Company, effective February 15, will expand its existing tax practice.
02/15/2016
The 'extraordinary' loophole that saw Russia threaten to brand UK as tax haven
The Kremlin's Finance Ministry had announced that it would officially equate Britain with traditional "fiscal paradises" like Panama, the British Virgin Islands and the Caymans.
02/15/2016
IKEA Tax Evasion: Company Under Fire For Allegedly Not Paying $1.1 Billion In Taxes
A report by the Green party in the European Parliament has accused IKEA of evading $1.1 billion in taxes.
02/14/2016
Call to tighten UK's new property law to crack down on ‘dirty money’
Rules should require foreign owners of prime London homes to come clean about beneficiary owners, say anti-corruption groups
02/12/2016
Google defends "disaster" tax deal
PAC members accused Google of making their own choice to avoid tax, by setting up structures in low tax jurisdictions.
02/12/2016
Why Is Monaco A Haven For Tax Defaulters?
And in any case even renting of a studio apartment will do but in either case a wannabe resident has to open an account in one or more of its secretive banks with a minimum deposit of 5,00,000 euros.
02/11/2016
Italians arrest Argentine prelate in swindle scheme
Monsignor Patrizio Benvenuti boasted of Vatican connections and held dinners in a prestigious Rome palazzo as part of a technique to persuade nearly 300 people.
02/11/2016
UK stamp duty changes for expat buy to lets from April 2016
Top of the list for many will be the UK stamp duty changes, with a new 3% levy now being attached to expat and domestic buy to let and second homes.
02/10/2016
Tax transparency – what’s it worth? by George Bull
As Google and HMRC prepare to face the Treasury Select Committee on Thursday, there have been calls for businesses (and individuals) to make their dealings with the taxman more transparent. All this comes as MPs vote on whether to overturn their right to
02/10/2016
IRS Remains Focused on Off Shore Tax Enforcement
The IRS considered the Swiss program a success and is now looking beyond Switzerland to find additional US accountholders who may have engaged in offshore tax evasion.
02/08/2016
Wouldn't it be nice if there was a patron saint of tax havens
Other countries have tax havens, but not the British.
02/08/2016
More than a billion pounds a year 'lost to Government due to wealthy Britons avoiding tax'
'You can choose how much you want to pay, it’s pretty much down to your moral barometer'
02/08/2016
Scotland advertised across Eastern Europe as tax haven
A new round of publicity for Scotland as an "offshore zone" began this month, more than six months after it was alleged that $1 billion had been funnelled out of poverty-stricken Moldova through Scottish shell companies.
02/05/2016
DOJ’s Latest Offshore Tax Case Shows Expatriates Who Renounce U.S. Citizenship Not Immune From Prosecution
On his 2007 and 2008 federal income tax returns, Mr. Cambata failed to report interest income earned on his Swiss bank account in the amounts of $77,298 and $206,408
02/05/2016
U.K. tax deal with Google wasn't just about offshore havens
The U.K. Treasury didn't immediately comment on Labour's calls. Google, a unit of Alphabet Inc., declined to comment on the U.K. deal.
02/05/2016
A taxpayer safety net that assists Metro
It is not as other banks, as an analysis from FT Alphaville’s Kadhim Shubber clearly shows.