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

HMRC to Tax Bitcoin 'Almost Identically' to Sterling and Other Currencies

HM Revenue & Customs has finalised its position on the taxation of cryptocurrencies such as bitcoin and will release a briefing to the public later this month.

HMRC’s Offshore Tax Avoidance Campaign

HMRC have launched a brand new offshore tax avoidance campaign, showing the strangely attractive eyes of HMRC leering at you through a map of the modern world.

Russia targets offshore investors

The Russian Finance Ministry will offer companies based offshore but with operations in Russia a choice: either disclose their ultimate beneficiaries and maintain their zero tax rate, or pay taxes at the higher Russian rate.

Tax biggest concern for European investors as market confidence grows

Rising taxes are one of the biggest concerns for investors in Europe according to a recent investor survey from Schroders, which also found confidence is growing among investors.

Belgium Urged To Manage Large Tax Evasion Cases

Insufficient funding for the Belgian justice system runs the risk that only minor cases of tax evasion are processed, Nouwynck said.

Cyprus and Norway sign agreement to avoid double taxation

Cyprus and Norway have signed an Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion, concerning Income Taxes, as well as a relevant Protocol.

French Bank Account Regularization Requests Top 15,000

French Budget Minister Bernard Cazeneuve has told the National Assembly Finance Committee that almost 16,000 residents with undeclared foreign bank accounts have elected to regularize their tax situation in the last eight months, through a voluntary decla

BBC star aInvolved In 'Second-Hand Car' Tax Scheme

The tribunal, under Judge Colin Bishopp, described that evidence as "very brief and rather uninformative".

Foreign Bank Lobby Urges Italy to Cut Taxes

Group Says its Members Are Willing to Buy More of Government's Debt

German-Swiss tax deal similar to UK’s is ‘dead’: report

The German deal was originally agreed in principle in 2011, about 10 days before a similar scheme was approved for the UK, in 2011.

French official says 11 eurozone nations seek to propose financial transaction tax by May

Officials started pushing for the tax in the wake of the 2008-9 financial crisis to curb speculation by investors and claw back revenues following the government bailouts of banks.

Swiss Tax Deal Seen Buried After Prominent German Cases Revealed

A proposed Swiss-German tax accord is dead and buried amid growing public opposition in Germany to any agreement that’s seen as too easy on evaders

Germany, France seek to revive transaction tax plan

Germany and France will lead a face-saving bid this week to revive a flagging project to tax financial transactions in 11 euro zone countries and allay fears it could hamper economic recovery.

Wealthy Britons in the dark over inheritance tax rules

Wealthy Britons risk leaving their loved ones with an unexpected tax bill after a new report revealed less than half are aware of the inheritance tax threshold.

Maradona Denies Accusations of Tax Evasion in Italy

The Italian justice is claiming him 39 million euros for an old case pending for an alledged tax evasion

Skandia calls for tax relief extension on workplace advice

Skandia has called on the Treasury to extend tax relief on advice for employees given through the workplace.

NORWAY: Government wants to remove wealth tax

The wealth tax limits the Norwegian business sector, says Prime Minister Erna Solberg. Solberg dismisses that the wealth tax is a tax for the wealthy.

Germany's rich and famous in taxman's crosshairs

Amid the spate of cases, the public perception of tax-dodging is shifting from that of a naughty but common misdemeanour to a crime and a moral assault on fair burden sharing in society.

Treasurer for Merkel's Party to Quit as Tax-Evasion Debate Simmers

The treasurer for Chancellor Angela Merkel's party said he would give up his position in April, after facing criticism for transferring money into a Bahamas-registered trust in 1997 and as a widespread debate on tax evasion continues to simmer here.

U.S. charges Swiss asset manager in offshore tax fraud case

U.S. prosecutors on Thursday announced they indicted Peter Amrein, a Swiss asset manager, on charges that he assisted U.S. taxpayers in evading millions in taxes by hiding money in offshore trusts at multiple Swiss banks.