05/13/2015
Georgia establishes tax free relations with Cyprus, Liechtenstein and Iceland
Double taxation is the levying of tax by two or more jurisdictions on the same declared income
Tax
05/12/2015
Tax: warm welcome for whistleblowers and investigative journalists
The “Luxleaks” journalists invited to Parliament to share their views and experiences and were warmly welcomed by MEPs, who complimented them on "their courageous work".
05/12/2015
Further senior endorsements for Jersey’s contribution to Europe’s economy
Comments made during meetings between the Chief Ministers of Jersey and Guernsey and senior EU representatives recently provide further endorsement of Jersey’s positive contribution to the European economy and build on previous recognition from seni
05/12/2015
The new UK Government: what is the future for non-doms? by: Russell Cohen and Nicola Pomfret
It is also very likely that the new government will at some point increase the charge which non-doms who have lived in the UK for at least 7 years must pay to enjoy the remittance basis.
05/11/2015
Private client looks a picture of wealth
Private client issues such as inheritance tax, wills and trusts are top of the political agenda right now, and lawyers should prepare themselves for change.
05/11/2015
CPA Ireland Signs Partnership Agreement with Belarus Counterpart
Will promote cooperation and assistance between two organisations
05/11/2015
HMRC non-dom crackdown set to increase under new government, says RPC
HM Revenue & Customs' increasing scrutiny of internationally-mobile high net worth individuals is likely to continue under the new Conservative government, say law firm RPC.
05/10/2015
The tax regime under a Conservative Government by Baker Tilly
After a truly remarkable 24 hours in UK politics, my colleagues Gary Heynes, Bill Longe, Jim Meakin and I have been thinking about what the tax regime might look like under a Conservative Government.
05/08/2015
"From red light to green, missing amber in between" by Temple Field Property
Commenting on the impact of the General Election result on residential property, Dominic Field, CEO at the London-centric boutique residential investment buying agency, Temple Field Property said:
05/07/2015
Who’s next on HMRC’s ‘little list’? by Gary Heynes, Baker Tilly
With HMRC due to issue a new list of schemes that fall within the ‘Disclosure of Tax Avoidance Schemes’ regime, many more people are likely to find an Accelerated Payment Notice land on the doormat.
05/07/2015
Italian Revenue Can Use Offshore Account Holder Lists
The Italian Supreme Court (Corte di Cassazione) has decided that the Italian tax authorities may use details of foreign bank accounts in their tax compliance efforts, even if the data therein was obtained illegally.
05/05/2015
Grant Thornton Partners vote to become shared enterprise firm
This will create an environment in which everyone thinks and acts like an owner.
05/05/2015
Bombay court stays tax claim against Aberdeen Asset
Although the amount demanded of Aberdeen is relatively small, an official at the London-listed company had told Reuters on Monday it had gone on with the challenge because it believed the claim was unfair.
05/01/2015
British tax authority faces legal challenge on stance over HSBC
A campaign group has begun a legal process that could lead to Britain's tax authority facing a judicial review over its failure to take a tougher line with people alleged to have used accounts with an HSBC unit in Switzerland to evade tax
05/01/2015
The proposed abolition of the non-dom tax regime – don’t panic! by Dominic Lawrance, Charles Russell Speechlys
As discussed in our previous briefing, Labour calls time on the remittance basis, Ed Miliband has announced a policy of abolishing what he called the “non-dom tax regime”, to be implemented in the event of a Labour victory in the coming electi
04/30/2015
Apple may owe a lot of back taxes in Ireland
The company, which two years ago testified to the US Senate that it's not a tax dodger, is facing an European Commission investigation into whether tax breaks from Ireland were illegal state aid.
04/29/2015
Hodge accused of receiving £1.5m in shares from tax haven
The head of parliament's public accounts committee (PAC) has been accused of hypocrisy after it was claimed she received more than £1.5m in shares from the tax haven of Liechtenstein
04/28/2015
Greece to offer taxpayers a deal to get money back home
Greece is to allow money held abroad by its taxpayers to be declared without penalty and taxed at a discount rate, a move to help overcome a cash crunch threatening the country with bankruptcy.
04/27/2015
People earning £2m more than double share of income tax to 5%
People earning more than £2m a year — a small enough group to fit into the Royal Albert Hall — more than doubled their share of income tax to 5 per cent in the past five years
04/27/2015
Lloyds Banking Group close to selling Isle of Man-based investment and tax planning business
To an offshore specialist funded by a private equity backer