04/09/2015
Labour’s announcement today that it intends to abolish non-dom status for UK tax purposes has been dogged by misinformation on all sides. Contrary to much of the reporting, the modern concept of domicile only entered the tax system under the Liberal
04/09/2015
Compared to non-residents, they barely even register on the scale
04/09/2015
France is the latest nation to investigate activities at HSBC's Swiss private bank amid new allegations surrounding tax affairs.
04/08/2015
A Labour government will scrap the non-dom regime if it comes into power with Ed Miliband to say it 'makes Britain an offshore tax haven'
04/08/2015
UK Diverted profits tax (DPT) applies at the rate of 25% from 1 April 2015 to profits of multinationals that have been artificially diverted from the UK.
04/08/2015
Changes may prompt high-net worth individuals to reconsider their property investment plans
04/07/2015
Coffee chain paid less than 1% in corporate tax last year in the Netherlands, where its regional head office was based
04/07/2015
Baker Tilly is warning businesses that they need to take extra care in order to raise important funding from Venture Capital Trusts and under the Enterprise Investment Scheme.
04/06/2015
U.S. and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners, following surprise attempts by tax inspectors to claw back money they say is owed on years of previously untaxed gains.
04/06/2015
Germany would be willing to freeze the bank accounts of wealthy Greeks suspected of tax fraud
04/06/2015
The profits that executives share on deals with investors have historically been classed as capital gains and taxed at a lower rate than income, which meant buyout managers could sometimes pay rates of 18 per cent or less.
04/06/2015
The "non-deductibility of costs" list now therefore includes only 46 tax jurisdictions. 21 have been cancelled as already having TIEAs in effect, namely: Alderney, Guernsey, Jersey, the Isle of Man, Gibraltar, the British Virgin Islands, Anguill
04/02/2015
British Expats Facing Confusion Over Onshore and Offshore Bank Accounts
British people and expats with accounts with international banks in the Channel Island of Jersey are facing confusion over a global clampdown on tax avoidance and money laundering
04/02/2015
Tax Evasion is Criminal
New criminal offences in crack down on tax evasion
04/02/2015
Greek government bets big on tax evasion crackdown in latest proposal
The FT has obtained a copy of Greece's latest proposal for bailout funds
04/01/2015
Guernsey Is Not a Tax Haven: KPMG
KPMG Head of Tax Tony Mancini discusses the Channel Islands and the accusations that the island chain isn't tax transparent
04/01/2015
Last week HMRC and DWP published a joint report entitled ‘Tackling Fraud, Error and Debt in the Benefits and Tax Credits System’. But its publication has presented us with a wider question, namely why are HMRC so coy about their tax prosecutio
04/01/2015
Agreement part of a campaign to clean up the enclave state’s finances
04/01/2015
Welcome to the April 2015 edition of the Isle of Man Tax Bulletin, which provides an update on recent local and international tax issues relevant to Isle of Man businesses and individuals.
03/31/2015
A key economic and political philosophy behind this is that nobody ‘likes’ paying tax