08/28/2015
Jersey Tax Bulletin: FATCA Update - Deloitte
According to FATCA regulations, sponsored entities must have their own Global Intermediary Identification Number (GIIN) for FATCA reporting and withholding purposes by 31 December 2015.
Tax
08/28/2015
Options for non-doms going forward
Figures show that non-doms paying the ‘remittance basis charge’ amounted to less than 0.2 per cent of the taxpayers in the UK.
08/27/2015
London Based HNW Focused Firm to Join Forces with Prager Metis
Has provided its International and UK clients with tax structuring and estate planning consulting and services in all aspects of their business and personal affairs.
08/26/2015
Watch out, watch out – there’s a taxman about! by Mike Down
In his Budget speech the Chancellor made a commitment to crack down on tax evasion by wealthy taxpayers. So now armed with an additional £60m of funding, HMRC has assembled a ‘crack squad’ of tax investigators and criminal lawyers, sendi
08/26/2015
Bulgaria to exchange information with Guernsey on tax matters
The cabinet proposes the National Assembly ratifies the document, the press service of the Government announced.
08/25/2015
‘Tsunami’ of new HMRC powers to tackle tax evasion
The Government has handed HM Revenue & Customs new powers to help it meet tax evasion prosecution targets.
08/25/2015
Changes to vital tax reliefs could jeopardise investment for North East small business
Tweaks to the Enterprise Investment Scheme and Seed Enterprise Investment Scheme criteria have the potential to discourage investors, experts suggest
08/25/2015
Tax Dooms Day Looming For Expat Contractors
Many contractors still subject to UK tax are trying to stay under the radar and believe because they work live and work overseas that tax rules in Britain do not apply to them.
08/25/2015
GOV’T CONFIDENT: Inniss: B’dos will be removed from blacklist
Inniss made the point as he maintained that the international business and financial services sector is critical to the local economy
08/24/2015
"The Tax Tail must never wag the Investment Dog" by Justin Urquhart Stewart
I often look with astonishment at some of the intricate structures that are often promoted by clever tax advisers to bemused and confused clients
08/23/2015
Use of Estonia in U.S. International Tax Planning
This makes Estonia the number one start-up technology country in Europe and one of the top in the world.
08/20/2015
The New Protocol To The Cyprus - South Africa Double Taxation Agreement
The Protocol amends the 1997 DTA in three areas, namely the definition of residence, withholding taxes on dividends and exchange of information. Importantly, it does not change the existing, highly beneficial, arrangements regarding taxation of capital ga
08/20/2015
The role of offshore jurisdictions in Russia
International finance centers play a significant role in Russian foreign direct investment (FDI). For example, in 2012 it was observed that 11 of the 40 main recipients of Russian FDI were IFCs. Of these finance centers, the largest recipients were the BV
08/19/2015
The problem with tax amnesties by Andrew Hubbard
Tax amnesties and the like are nothing new, but they are always controversial and often problematic.
08/19/2015
Tax expert warns Liechtenstein replacement will be tougher
Since its inception in September 2009, more than 6,500 people have registered to participate in the Liechtenstein Disclosure Facility. More than 5,900 disclosures have been received by HM Revenue and Customs, with over £1.6bn raised so far.
08/17/2015
Exclusive: Now the taxman is spying on your credit card spending
The Revenue Commissioners says it is now able to examine how people use their credit and debit cards to help determine if they are avoiding tax.
08/14/2015
OECD clarification reinforces Guernsey's fund domicile position
Representatives of Guernsey's government, the regulator and industry bodies have been working together to inform EU and EEA authorities of Guernsey's position in the OECD.
08/14/2015
OECD publishes guidance on international standard for automatic exchange of tax information
The new 'Implementation Handbook' is designed to assist countries with their implementation of the CRS.
08/13/2015
Tax authorities urged to be more vigilant over the super-rich
Tax advisers have warned their wealthy clients that they are in the sights of tax authorities.
08/13/2015
Isle of Man Tax Bulletin - Deloitte
Isle of Man removed from Italian blacklist