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

Expats advised to prepare for new tax sharing regime in European Union

With the amount of financial information to be shared between European Union countries set to significantly increase over the next few years

Tax as green policy tool: Six countries top chart in KPMG index

The KPMG Green Tax Index is intended to raise corporate awareness of the rapidly evolving and complex global landscape of green tax incentives and penalties

French CGT rethink brings back wealth property buyers

Wealthy investors are rekindling their interest in French property now the government has clarified capital gains tax laws.

'Cowboy' tax advisers face £1m in HMRC fines

"The proposals in this consultation will allow HMRC to further close in on the cowboy advisers promoting these high-risk schemes," David Gauke, the Treasury Secretary, said.

Greek deputy PM says UK has become top destination for tax avoiders

He said that this led to Greeks increasingly looking to London to store their money. "Now it’s not Switzerland [that is] the first destination. The first destination is always London," he told The Independent.

One of Britain's most wanted tax cheats 'caught after 10 years on the run'

Anthony Judge, who had spent 10 years in hiding after fleeing money laundering charges, was arrested after trying to enter Britain on a forged passport on July 4.

Lib Dems plot tax raids on the rich

The Liberal Democrats are planning a raid on the wealthy after the next election

HSBC replaces long-time auditor KPMG

Banks have come under pressure to change their auditors more frequently to keep accountants on their toes after lenders, some of whom have used the same auditor for over a century, were given a clean bill of health just before they were rescued in the 200

New reports review jurisdictions’ information exchange - OECD

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Expats warned over rental property crackdown by UK tax man

British expats who own rental property back in the UK or who recently sold a second property are being warned to get up to date with their tax liabilities

Liechtenstein Bank Gets Non Prosecution Agreement, To Pay $23.8 Million

The NPA provides that LLB-Vaduz will not be criminally prosecuted for opening and maintaining undeclared bank accounts for U.S. taxpayers from 2001 through 2011

Paris tax hunt sends French to Switzerland

Her comments came after Paris and Bern signed a deal earlier this month changing the way cross border inheritance is taxed, as part of a French drive to rake in taxes.

Italy and Vatican Sign Tax Agreement

Italy and the Vatican have laid the groundwork for future cooperation in the fight against financial crimes.

U.S. Seeks PNC, Wells Fargo, JP Morgan Records To Find Tax Cheats--From Norway

In the latest example of how the world’s wealthy nations have ramped up cooperation against offshore tax evasion

Dolce & Gabbana Could Close its Doors in Wake of Tax Evasion Fines

Dolce & Gabbana tax evasion scandal

Global impact of ‘Offshore Leaks’ grows

The global impact of our latest international investigation has been astonishing

Baker Tilly makes move on beleaguered rival RSM Tenon

The beleaguered accountancy firm that narrowly avoided collapse last year after discovering “significant errors” on its books could be snapped up by a smaller rival.

Italian PM Enrico Letta pledges war on tax evasion

Italian prime minister Enrico Letta pledged to "fight relentlessly" against tax evasion in the recession-hit country, as the government pushed new growth measures through the lower house of parliament.

German tax dodgers turn over new leaf

The German authorities have been able to wave a big stick since purchasing a number of CDs purportedly containing sensitive Swiss bank client data

German and Italian banks should move to UK if FTT introduced, says Boris Johnson

The Mayor of London said that banks across the Eurozone were likely to flock to the UK if the European Union went ahead with the new charge