04/13/2015

Italy Removes Bermuda From ‘Tax Blacklist’

Following Italy removing Bermuda from their ‘tax blacklist,’ Minister of Finance Bob Richards said he was “pleased that my counterpart Minister has taken this positive action.”

04/08/2015

Diverted Profits Tax - Live - Deloitte

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.

04/06/2015

Foreign investors cry foul over Indian tax surprise.

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

HMRC closes buyout firms’ use of partnership tax loophole

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.