11/26/2015
"Digital revolution" to tackle tax avoidance
Civil penalties for those who enable offshore tax evasion will be introduce - including the public naming of those who have enable evasion.
Tax
11/26/2015
Tax cheats who used Swiss bank accounts revealed
Bank secrecy rules in Switzerland long made it easy for foreigners to hide money there. In recent years the country has signed several agreements pledging to cooperate with foreign tax authorities.
11/26/2015
Jersey Tax Bulletin - Deloitte
Listen. Analyse. Apply.
11/24/2015
Agreement for the avoidance of double taxation between Romania and Hong Kong
The agreement will come into power at the date of the last notification in which the parts inform one another with regards to the necessary procedures to get into power.
11/24/2015
UK Tax Disclosure Facilities - Time is running out - Deloitte
The Crown Dependency and Liechtenstein Disclosure Facilities finish on 31 December 2015, so after that date it will no longer be possible to register for the favourable treatment afforded by these facilities.
11/23/2015
Ex-England football managers caught in film scheme carnage
The products were sold by advisory firm Kingsbridge Asset Management, which built its business through managing the financial affairs of stars from the football world.
11/23/2015
CPA Ireland Enters Strategic Partnership with ICMA Pakistan
Under the agreement, members in good standing of either professional accountancy body will be considered for membership by the other body and will enjoy the benefits which each organisation offers.
11/23/2015
Britain is being used to wash billions in dirty money — and banks are blocking moves that could crack down on it
Money laundering is the process of disguising the origins of money obtained from crime and corruption by hiding it within legitimate economic activities.
11/20/2015
Jersey and Spain ink Tax information exchange agreement
so further evidence of Jersey’s full commitment to compliance with the current international standards on transparency and exchange of information for tax purposes.
11/20/2015
UK non-dom changes unfair, unreasonable, disproportionate
These benefits will be taxed without reference to the income and gains arising in the offshore structure
11/20/2015
Are stealth taxes leading to an exodus from Isle of Man?
The average charge would be £126 per property
11/20/2015
How will HMRC justify 70% Rops rule?
The question remains whether HMRC can justifiably continue to impose this – when many UK pensions have had no restrictions since April 2015.
11/19/2015
Swiss banks to pay $81 mln, avoid U.S. charges on aiding tax evasion
Under the program, banks also must provide detailed information on the accounts of U.S. taxpayers under investigation.
11/19/2015
Grant Thornton Russia moves over to rival Baker Tilly
The new unified firm, dubbed Baker Tilly Russia, will operate in the audit and consulting services market of Russia, and consists of a headcount of more than 500 employees.
11/18/2015
Taxing times set to continue for wealthy individuals by Gary Heynes
With the Chancellor unable to raise funds through the tax credit system as planned, it’s likely that he’ll look to the high-earners to make up some of the shortfall. Wealthy individuals have already been hit hard by tax changes over the years,
11/17/2015
RSM warns only six weeks left to come clean under the taxman’s ‘most attractive’ disclosure
RSM is warning individuals that have tax irregularities that time is running out to come clean to the taxman as the popular Liechtenstein Disclosure Facility finally closes on 31 December 2015.
11/17/2015
HMRC targets 'affluent' taxpayers in anti-avoidance crackdown
The taxman has doubled the army of inspectors trawling through the tax files of those earning £150,000 or more
11/17/2015
Multinationals deny wrongdoing EU in tax hearing
The Luxleaks scandal involved leaked documents showing that over 300 multinational companies had private tax arrangements - tax rulings - with Luxembourg.
11/17/2015
Australia, Germany Sign New DTA
Under the new treaty, the maximum withholding tax rate for dividends will be 15 percent.
11/17/2015
Director Promotions At KPMG
The Newcastle office of professional services firm KPMG has made three director promotions as it bolsters its support for the North East.