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

Liechtenstein moves to shed tax-haven image

A global crackdown on offshore tax havens following the financial crisis and a 2008 wrangle with Germany over stolen bank data have forced the principality to come clean over its tax policies

SEBASTIAN SHAKESPEARE: Learn how to avoid paying tax - at Her Majesty's embassies!

Guests were offered free drinks and canapes as they were asked if they were liable for British inheritance and capital gains tax.

Putin signs law on providing information by Russian banks under FATCA statute

It is aimed at “creating legal conditions for information exchange between Russian and foreign financial institutions and tax agencies

Italy's increase of financial gains tax to become effective

On 1 July, the Foreign Account Tax Compliance Act (Fatca) will also be implemented in Italy

KPMG International and EY Global Limited announce that they have reached agreement

The agreement includes mutually satisfactory terms which, amongst other things, provides that as of 1 July 2014 KPMG 2014 and Accura Tax become the Danish KPMG practice and KPMG Denmark exits KPMG and joins EY.

How large differences in wealth have begun a new tax debate

Dutch pre-tax incomes are by some measures nearly as skewed as America’s, but once the government has chopped them up and passed them around, they are among the world’s most egalitarian.

The Non-Resident Landlords Scheme

The Non-Resident Landlords Scheme is a scheme for dealing with the UK taxation of UK rental income of individuals, companies and trusts that are not resident in the UK.

Swiss agree to widen cooperation with France on tax evasion

France and Switzerland agreed on Wednesday to cooperate more closely on French efforts to crack down on citizens with hidden Swiss bank accounts to root out tax dodgers and cheats.

UBS, BNP Warned of France’s Zero Tolerance on Tax Evasion

UBS AG Credit Suisse Group AG and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax evasion.

Russian lawmakers approve bill allowing compliance with US tax law

The bill now passes from the upper house of parliament to President Vladimir Putin

German customs authorities seizing containers with files on account holders from the Cayman islands - Dawn Register, tax director, tax investigations team, BDO

HMRC will open enquiries and investigate the tax affairs of anyone they suspect of having undeclared assets.

Axa offshore bond change offers entire tax free entitlement

All advice relating solely to the investments of the company’s Isle of Man based Evolution and Estate Planning Bonds, and its Axa Life Europe’s Selection bonds will now be considered as advice to the life company and not the policyholder.

Free from Millions of Inheritance Tax: The Story of Margaret Thatcher's Inheritance

Planning for one’s future should include planning for the estate and the heirs

Russian authorities eye information on offshore accounts

As a result, experts say, the new document will be part of an ambitious program to "de-offshorize" the Russian economy

Tax inversions: why Britain's companies are being pursued by US rivals

UK firms are targets for American giants hoping to escape punitive rates, writes Ben Marlow

Containers 'filled with Swiss bank data seized in Germany

The papers included bank details of suspected German tax-evaders and were now being investigated by German prosecutors and tax authorities.

UK Deploying Swiss Disclosure Facility Data

The information was secured under a landmark deal on undeclared Swiss bank accounts held by UK residents, which entered into force in January 2013.

Belgium charges UBS executive for tax fraud, laundering

The investigating magistrate released Bruehwiler -- who denies all charges

US announces changes to the Offshore Voluntary Disclosures Programs

On 18 June the US Internal Revenue Service (IRS) announced major changes to its offshore voluntary compliance programs, resulting in new guidance for both taxpayers overseas and those residing in the US.

Hollande Praises Andorran Tax And Economic Reforms

French President and Co-Prince of Andorra François Hollande praised the Andorran Government's decision to open up the nation's economy and reform the tax system in the wake of the financial crisis during a recent visit to the Principality