11/05/2014
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.
11/05/2014
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
11/05/2014
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
11/05/2014
While it’s been the long-term goal of the EU to harmonise the VAT system across Member States, it seems there’s very little harmony when it comes to agreeing the standardised EU VAT return.
11/04/2014
London Tax Tribunal to Evaluate U.K. Film Investment Vehicles
The tax authority says Ingenious vehicles, used on such productions as 'Avatar,' allowed British celebrities, such as David Beckham, to reduce their tax bills
11/04/2014
If new rules were to come into force, it could cause a 10 year reduction – from the current 17 years to seven years – in the length of time a foreign national can reside in the UK before they would be subject to pay UK inheritance tax (IHT).
11/03/2014
Revenue, which refers to operating income before loan impairment charges, rose to USD15.78 billion from USD15.08 billion, while loan impairment charges and other credit risk provisions, fell to USD760 million from USD1.59 billion.
10/31/2014
The Court of Appeal has ruled against The Woodland Trust in its case against the executors of Valerie Smith.
10/31/2014
THE replacement for stamp duty in Scotland is a “very, very bad tax” which will affect every level of the property market, including first-time buyers, a leading academic has warned.
10/31/2014
The chair of the Public Accounts Committee has called for tougher tax regime that closes the loophole exploited by companies and prosecuting avoidance schemes, as the UK tax gap grew to £34bn.
10/31/2014
The honour of delivering the keynote address at the high-level EU-Africa Business Forum earlier this year fell to Dr Ahmed Heikal.
10/31/2014
Although in the past eight years or so, various UK Governments have introduced legislation which has withdrawn some of the previously available tax advantages of such structures, they remain valuable tax planning vehicles in the right circumstances.
10/30/2014
Comment: A quirk in the rules governing council tenants who die means that some face what amounts to an inheritance tax of 100pc. This grossly unfair penalty should be scrapped
10/30/2014
Guernsey and Jersey have signed a multilateral competent authority agreement, which takes a further step toward the implementation of a new single global standard for automatic exchange of taxpayer information.
10/30/2014
Companies which exploit loopholes to avoid paying tax in Britain will be made to ‘damn well pay
10/29/2014
The finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.
10/29/2014
Labour's plans for a mansion tax on high value properties will ‘punish’ families and savers, according to Legal & General chief executive Nigel Wilson, who has launched a scathing attack on the policy.
10/29/2014
Gibraltar will today sign an international agreement with at least 45 other countries to swap tax information automatically with each other from 2017.
10/29/2014
The accord to be signed by finance ministers in Berlin today signals global determination by governments to capture tax revenue after the U.S. pursued banks such as Credit Suisse for helping Americans cheat on their taxes and German authorities bought CDs
10/28/2014
The guide adds that HMRC has begun issuing "follower notices" and "accelerated payment" notices to those involved in tax avoidance schemes.