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The only way is up for inheritance tax receipts - Richard Watkins, Close Brothers AM

Richard Watkins, Certified Financial Planner at Close Brothers Asset Management, comments on the latest inheritance tax receipts:

Spain's 'Google Tax' Law A Reaction To Silicon Valley's International Tax Evasion

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The tax challenges of the digital economy – one year on by Rebecca Reading, Baker Tilly

The OECD’s Action Plan on Base Erosion and Profit Shifting, which launched one year ago amid public disquiet over the behaviour of multinationals, is expected to report in September on the thorny issue of taxing companies in the digital economy. But

Threat to tax break for expats under consultation

Plans to disallow UK non-residents from benefiting from the personal allowance could mean those who work abroad for their companies are “significantly worse off

Swiss banking giant pays millions to Germany in settlement over tax evasion

The Swiss lender also stands accused of aiding account holders from France and Belgium in hiding their money from domestic tax authorities.

France nets 1.3 billion euros from tax evaders' secret foreign bank accounts

There is a steady stream of secret account-holders owning up, he said, with the 336 billion euros coming in since mid-June.

France defends billion-euro guarantee demand in UBS probe

A 1.1 billion euro guarantee payment demanded by French judges of Swiss bank UBS reflects the size of the fine it could pay if found guilty of helping wealthy French customers avoid tax

EU workers in the UK ‘need to be wary of overpaying tax’

People from the European Union who live and work in the UK need to ensure they are not caught out by changes to their tax obligations in their home country, an accountant from Baker Tilly has warned.

New U.K.-Canada tax treaty lets authorities do audits in other country

Owing largely to the movement in recent years toward common financial reporting standards, Canadian and U.K. tax authorities have agreed to greater “exchange of information” that many companies may find disconcerting.

Baker Tilly sells last of RSM Tenon

Recently, Baker Tilly sold its private client financial advice, as well as its investment management business, to financial planning firm Towry.

State Street's securities finance revenue soars

In February, the bank extended its 13-year relationship with Lufthansa German Airlines Group (Deutsche Lufthansa AG) for an additional five years, to include transition management, collateral management and FX spot execution services.

BVI publishes draft FATCA Guidance Notes

In the latest moves towards implementation of the FATCA Intergovernmental agreements (IGAs) signed by the BVI with the US and the UK, the BVI Government has released draft Guidance Notes for public consultation.

George Osborne to cut 'penal' death tax on pensions

Hundreds of thousands of pensioners will be able to leave more of their money to their children under government plans to cut “penal” death taxes.

Coutts warned clients on film scheme HMRC tax challenge

Coutts has warned its clients about a possible HMRC Revenue & Customs tax probe into film investment schemes

Standard for Automatic Exchange of Financial Information in Tax Matters

New single global standard for the automatic exchange of information between key authorities worldwide

Cyprus: New Decision On Wording Of Cyprus-India Double Tax Agreement

In a recent case concerning the application of the double tax agreement between Cyprus and India, the Indian Income Tax Appellate Tribunal confirmed that the wording of the agreement concerning taxing rights in relation to international shipping activitie

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