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

Tough talk on tax means nothing if every country does different things

Obama and Osborne have been quick to promise an end to avoidance. But this is best achieved through collective action

HMRC probe into foreign fund managers yields record sum

In the law firm's view, this means the Revenue is investing heavily in investigations

Osborne’s pension changes - not quite the tax-free bonanza we’d hoped…

Following George Osborne's announcement that he will scrap the 55% tax rate on inherited pension funds, HM Treasury has now confirmed that this will be effective from April 2015.

Stop bashing the super rich: You'll make us all poorer

One hundred and four billionaires live in the UK, and London is now the global capital for the super rich. They spend an estimated £16bn here every year, which means that they contribute a whopping £3bn in VAT alone.

Publishing banks' taxes and turnover will help the economy, says PwC

It will fight tax evasion and not harm investment or result in excessive compliance costs for banks, the report will say once published

Europe set to give details on Apple and Starbucks' alleged tax evasion

Europe's antitrust regulator is about to provide fuller details on why it suspects that Ireland and some other low-tax countries have made special deals with multinationals like Apple that have helped the companies avoid billions in taxes and created

Dealing with foreign revenue authorities

Those administering offshore structures are increasingly exposed to the consequences of moves to increase the level of cross-border tax assistance.

Gideon Spanier: At last, Europe is targeting the tech giants on tax

Facebook, Microsoft and Twitter have been sponsoring Tech Central, a marquee promoting the tech and mobile industries, just as they did at Labour’s conference last week.

Italian Finance Minister Sets Out Anti-Tax Evasion Plan

In a presentation to the Italian Cabinet on September 30, 2014, Pietro Carlo Padoan, Italy's Minister for the Economy and Finance, outlined the measures the Government will take to improve tax compliance rates.

HMRC to extract tax debt from wages in “staggering” revision

A spokesperson for HMRC said taxpayers “welcomed” the option to have tax debt collected by instalment, with the changes only being applied to those earning more than £90,000 annually, as it allows them to pay their debts over the tax yea

Dodgy tax numbers in the conference season by Justin Urquhart Stewart

To date I note that we have a Mansion Tax proposal from Labour for the NHS, which seems to have had all the forethought of the similar idea regarding the taxation of the power company profits. The thought may well be made with good intent, but the actions

Possibly Hundreds Of Icelanders Using Tax Shelters

Documents offered to the Directorate of Internal Revenue could prove that hundreds of Icelanders are avoiding paying taxes through the use of shelters.

Miliband should be ambitious and go for a Robin Hood tax

As everyone from the Institute for Fiscal Studies to the International Monetary Fund agrees, the financial sector is under-taxed

George Osborne to cut 55% pension 'death tax'

Pensioners will be able to leave more of their money to the next generation from next April, George Osborne is to announce at the Tory conference.

Prada Bosses Probed Over Alleged Tax Evasion

Neither the company nor any of its subsidiaries was or is involved in this matter

Finland: Paatero should lead the fight against tax evasion

In her view, shortcomings are not the result of illegal acts, but due to a lack of tax treaties and laws.

Mansion tax — it’s an explosive issue

£2 million or more — brought a slightly less explosive reaction

Billionaires and Tax Evaders On The Rise In Greece

A French court has concluded that 1.1 billion euros in foreign-held UBS accounts requires further investigation.

Global Tax Reform Will Boost Ireland's Competitiveness: Noonan

Noonan was nevertheless positive about the BEPS project

UK government reveals new tax evasion scheme for multinationals

Global corporations based in the UK will now have to report where they make their profits and pay their taxes to HMRC