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

Swiss Seek Better Image in Germany After Tax-Cheat Cases

Switzerland’s ambassador to Germany said his country is working to improve its image after years of revelations that Germans used Swiss banks to avoid taxes.

United Kingdom – Amendments Make Important Alterations to Tax Treaty with Canada

The protocol was signed on 21 July 2014, and will come into force once the two countries have exchanged diplomatic notes and completed their necessary internal procedures to implement the agreement.

Mansion Tax problems – is there another solution? by Gary Heynes, Baker Tilly

After Labour peer Lord Winston raised concerns about the effect of the Mansion Tax on charitable giving, could Scotland’s new Land and Buildings Transaction Tax provide a suitable substitute?

Weekly Tax Brief - Baker Tilly

In this edition of Baker Tilly’s weekly round-up of the most important tax news, we cover the latest developments…

EU’s Juncker speaks about Luxembourg tax avoidance

The new European Commission President took political responsibility yesterday for Luxembourg’s role in helping global companies to avoid taxes, and Germany urged swift action to fight tax evasion in Europe.

Dutch Deny Tax Deal With Starbucks Is Illegal

As the G20 prepares to meet in Australia with tax crackdown as the key reform, the Dutch government denies a coffee giant deal.

Developing countries to play greater role in OECD/G20 efforts to curb corporate tax avoidance

The BEPS Project aims to create a coherent set of international tax rules to end the erosion of national tax bases and the artificial shifting of profits to jurisdictions solely to avoid paying tax.

U.S. Tax Update - Practical Aspects For Investment Funds - Deloitte

We are hosting a breakfast briefing on Friday 21 November covering key US tax topics and developments of which investment managers and other corporate service providers should be aware, including the US political environment and other changes to which the

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.