- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Jean-Claude Juncker: I will lead EU campaign against tax avoidance

European commission president, who was finance minister of Luxembourg for 20 years, breaks silence on revelations that Grand Duchy exploited tax loopholes

New Russian tax law to clamp down on offshore tax schemes by Andrew Evans, Field Fisher Waterhouse

Russia is aiming to clamp down on the use of foreign offshore tax shelters in a new tax policy as part of President Putin's "deoffshorisation" campaign which was launched in 2012.

Banks targeted as France confirms 2015 savings in mini-budget

President Francois Hollande's government plans to remove a tax break currently available for banks as part of a package of additional measures aimed at getting the European Commission's green light for its deficit-reduction efforts.

PwC statement in response to media reports on tax advice in Luxembourg

The recent reports in the media on tax advice in Luxembourg co-ordinated by the International Consortium of Investigative Journalists (ICIJ) are based on partial, incomplete information dating back four years or more, which was illegally obtained.

Tax probe judge had account with offshore scandal bank - claim

Ex-ministers among figures named in Ansbacher dossier

Shane Ross says PAC will have to investigate tax evasion claims

TD says committee must find out why relevant authorities did not do their job

News Corp won $1.4b on Luxembourg tax ruling, secret papers show

The 2009 deal involved an investment by private equity group Permira in one of News Corp’s most controversial businesses, the Israeli-based technology company NDS Group.

The UK is drowning in a tide of greed and complacency

Big Four accountancy firms escape retribution for their role in tax avoidance work as they are 'too big to close'

Impact of FATCA on Cayman Islands Entities

This publication provides a brief overview of the expected impact on entities incorporated in the Cayman Islands

HMRC recovers record £3.65bn in unpaid taxes from avoidance schemes, evasion and fraud

A record amount of unpaid tax has been recovered from avoidance schemes, evasion and fraud by HMRC’s top team of specialist investigators – up by almost a quarter in the past year, says Pinsent Masons, the international law firm.

PE Panorama: Name and shame time

The Luxembourg officials and advisers quoted insist that such deals are fully legal

How about a cake sale to help the rich pay their taxes?

Then all householders would contribute, in proportion to the value of their property. We once had such a tax. It was called domestic rates and was the nearest thing we had to a wealth tax.

Brazilian Banks Cut Secret Deal with Luxembourg to Save $90.2M in Tax

These legal secret deals feature complex financial structures designed to create drastic tax reductions.

Luxembourg, the country where accountants outnumber police 4:1

Grand Duchy advertises itself as ‘business-friendly’ haven amid leak showing it helped multinationals save millions in tax

How rising French property taxes hit British buyers

British buyers are being tempted back to the French property market thanks to the strong British pound and access to cheap loans, but there’s a nasty sting in the tail in the form of local taxes.

It Is Time To Tackle Corporate Tax Tarts

A new report about Luxembourg again underscores the magnet working of low tax bases for corporate money streams.

The Liechtenstein Disclosure Facility – Recent Chang

UK Disclosure Facilities - Background

Switzerland's First Tax Info Exchange Pacts To Take Effect

Switzerland's tax information exchange agreements with Jersey, Guernsey, and the Isle of Man have entered into force and will be effective from January 1, 2015.

Deloitte Guernsey Tax Bulletin: Common Reporting Standard

The Global Forum on Transparency and Exchange of Information for Tax Purposes, where the Multilateral Competent Authority Agreement (‘MCAA’) was signed, was attended by 39 ministers, constituting the largest gathering of ministers to take join

Tax havens: why urgent action is needed

The EIB countered that the country did not feature on the OECD black list of secretive jurisdictions when it closed the contract on the project in 2012