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

Fund manager considered cancelling Amazon investment over tax avoidance

Royal London Asset Management demanded clarity over online retailer's tax levels – and locations where that tax was paid

Slovenia Initials FATCA Agreement With US

Failure by an FFI to disclose information on their US clients, including account ownership, balances and amounts moving in and out of the accounts, will result in a requirement to withhold 30 percent tax on payments of US-sourced income.

Swiss tax authority probes firm once led by economy minister

The Berne tax authority said it was investigating bank accounts, lease contracts, work contracts and commercial registers of a now liquidated Ammann-Group subsidiary company in Jersey, a British Crown dependency.

Seven investment bankers facing charges over tax claims for film losses

The Crown Prosecution Service said that the charges relate to two partnerships, through which the defendants allegedly conspired to submit false tax returns as far back as 2007 to claim tax relief on the firms’ losses.

Deloitte leapfrogs PwC to become top accountant: global survey

Deloitte has pipped rival PwC to become the world's top accountant by revenue in the face of rising pressure on fees and new rules boosting competition, a global survey showed.

Swiss banker in French tax probe returns home

The head of Swiss private bank Reyl & Cie is back at work in Geneva

Guernsey signs two more DTAs

Guernsey has completed two further bilateral Double Taxation Arrangements (DTAs).

Jersey signs tax information exchange agreement signed with Hungary

The Agreement was signed by the Minister for External Relations, Senator Sir Philip Bailhache, and the Hungarian Ambassador, His Excellency Janos Csak.

Wanted: French-speaking plumbers for tax exiles

The influx of wealthy French tax exiles to prime Central London has created a demand for French-speaking plumbers

Russian, U.S. tax officials to discuss financial info sharing

Russian and U.S. tax officials will meet in Paris next week to discuss financial information sharing, Russia’s Finance Minister said

New wealth taxes loom in the Russian horizon

A recently introduced tax on luxury cars, could be the first in a series aimed to addressed inequalities in the country.

Forget FATCA – GATCA’s on the way, warns tax expert

The European Union has hinted moves are afoot for an EU FACTA to include all 28 nations belonging to the union.

Prosecutors raid tax offices in Hoeness affair

German prosecutors have raided tax offices in Bavaria in a bid to find out who leaked tax records of the Bayern Munich president, Uli Hoeness, to the press. The crime could carry a five-year jail sentence.

Billionaire Italian heiress accused of hiding 1,243 properties from tax authorities

An Italian heiress has been accused of hiding more than a thousand real estate properties with a combined worth of more than two billion euros from Italian tax authorities.

German tax offices searched in probe of who leaked Bayern president Hoeness' tax records

German prosecutors say they have searched tax offices in Bavaria as they investigate who leaked a document on Bayern Munich president Uli Hoeness' tax affairs to the media.

Italy govt to discuss new amnesty for tax evaders - sources

Italian Prime Minister Enrico Letta's cabinet will discuss on Friday plans to offer a partial amnesty to tax evaders who stashed assets outside the country

Tax man catches up with sculptor of Wall Street bull

The artist behind the famous bronze statue of a charging bull near Wall Street seen as symbolising an aggressive financial optimism has settled a tax evasion claim against him in Italy.

Revealed: Countries With The Highest Income Tax Rates

European countries feature high on the list of the nations with the world’s highest income tax rates

HMRC issues letters to Cayman Islands evaders

UK residents with assets concealed on the island will have until September 2016 to disclose details to the taxman and pay any tax owed to HMRC

HMRC to Reclassify Bitcoin as Private Money

HMRC is set to change its stance on the classification and taxation of bitcoin and other virtual currencies in the UK as soon as February.