12/21/2015
Tim Cook says charges of Apple tax avoidance are 'total political crap'
Appls keeps most of the money it generates overseas parked offshore.
Tax
12/21/2015
Net closing in on offshore tax cheats, UK government warns
The government is giving people one last chance to come clean and get their tax affairs in order
12/21/2015
Police arrest suspect in carbon trading probe at Vienna airport
The 55-year-old Swiss man, whom Austrian police detained on his way from Zurich to Vienna on Wednesday, is suspected of having been a member of a gang making such trades and having evaded payment of taxes worth 125 million euros $135.8 million
12/20/2015
Accountant sentenced to eight years in jail for devising and promoting tax fraud schemes based on film industry loopholes
A former Ernst & Young partner was sentenced to eight years in jail at the end of last week for his role in a tax fraud scheme.
12/17/2015
UK tax fraud costs government £16bn a year, audit report says
HMRC under fire for focusing its efforts on small-scale tax evaders rather than multinationals that owe far larger sums
12/16/2015
Monaco confirms its commitment to implement Automatic Exchange of Financial Account Information
Many jurisdictions are now updating domestic legislation to ensure that financial institutions report information on financial assets held by non-residents. Financial information will be collected from 1 January 2016 in around 50 jurisdictions, for autom
12/16/2015
Policing the tax frontier – family businesses in the firing line?
HMRC have got a predicament on their hands when it comes to policing the boundary between low corporation tax rates, capital gains tax for individuals, and income tax. This continuing trend away from taxing companies and instead taxing individuals means c
12/16/2015
Offshore tax evasion penalties could lead to double jeopardy and conflict of interest, warns expert
Corporate tax Tax Tax Disputes and Investigations Professional services Financial Services UK Europe
12/15/2015
Greek prosecutors investigating tax evaders raid UBS office
The information concerned accounts held by private individuals and companies with assets estimated to be worth up to 4 billion Swiss francs ($3.92 billion).
12/14/2015
HMRC targeting HSBC Jersey clients for voluntary disclosure
Failure to respond may result in HMRC starting “a detailed investigation” into their tax affairs.
12/11/2015
Italy to Get $4.4 Billion in Proceeds from Tax Amnesty
The government of Prime Minister Matteo Renzi has sought a fresh approach in Rome’s perennial battle against tax evasion
12/11/2015
Capgemini joins Tax Incentivised Savings Association
The consultancy will work with TISA to accelerate its clients’ transformation and drive business success.
12/11/2015
Tax evaders to feel full force of the law
New legislation brings the possibility of jail sentences for those who aren’t upfront with HMRC about assets held overseas
12/10/2015
Corporate tax avoidance damaging public trust
For the British public corporate tax avoidance remains the top issue businesses need to address to regain trust
12/10/2015
KPMG partners in Belfast arrested over tax evasion
HMRC has said that four individuals were arrested in connection with “suspected tax evasion.
12/10/2015
Leeds United chairman Massimo Cellino is cleared by Italian court
Case related to alleged tax evasion during his time at Cagliari
12/10/2015
Cayman Islands Automatic Exchange of Information Update
The Cayman Islands Tax Information Authority has issued an advisory addressing several points of note regarding the Common Reporting Standard in the Cayman Islands.
12/09/2015
Tax legislation needs more scrutiny, not less by George Bull
Recent moves by the Government to curb the powers of the House of Lords by making greater use of secondary regulations instead of relying on primary legislation could have disastrous implications for the scrutiny of tax legislation.
12/09/2015
RBS pays €23.8m to settle tax evasion inquiry into Coutts' Swiss operation
Settlement with German prosecutors, which involves immunity for any current for former staff, is latest embarrassment for bailed-out bank
12/08/2015
More than 50 banks which helped American clients dodge tax in Swiss bank accounts receive immunity from criminal prosecution in US
Some 57 companies have rushed to sign up to the Department of Justice’s ‘Swiss Banks Programme’.