05/29/2014
Guernsey set to join OECD’s top club in fight against tax evasion
The OECD and the Council of Europe's Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August.
Tax
05/28/2014
Pressure mounts on Austria to step into line on tax evasion
Parts of the law are at the constitutional level,” meaning a two-thirds majority is needed in parliament to enact changes, he says.
05/28/2014
Swiss to hand HMRC tax ‘hit list’
The Swiss Government is poised to pass HMRC a "hit list" of ten nations where holders of Swiss bank accounts siphon their money to.
05/27/2014
Taxman collects extra £1billion by cracking down on barristers and accountants
Barristers, accountants and solicitors were among the people targeted by HMRC to collect an extra £1billion
05/27/2014
Schroders executive Massimo Tosato ends controversial contract after tax pressure
The report states that the contract ended “during 2013”
05/27/2014
Govt crackdown raises record £23.9bn in extra tax
The Government’s crackdown on tax avoidance has seen a record £23.9bn raised in additional tax for the year to the end of March.
05/26/2014
Azerbaijan, U.S. to sign double taxation avoidance agreement
Azerbaijan and IRS reached an agreement on FATCA
05/26/2014
Albania and Kazakhstan discuss signing of double taxation avoidance agreement
After meeting head to head between the two counterparts were meeting with both delegations.
05/26/2014
Credit Suisse: Remaining ‘hit list’ banks sweat over US verdict
The question remains if any other Swiss bank will suffer the same fate as Wegelin, that was forced to dissolve after being convicted by a criminal court at the beginning of 2013.
05/23/2014
St Kitts and Nevis to Sign Tax Information Agreements With Ireland, South Africa
Those negotiation exercises have since been completed leading to the creation of draft agreements waiting to be signed
05/21/2014
How Trustees can make the most of observers at Board meetings by Mike Huggins, Baker Tilly
Many charities allow observers at Trustee Board meetings.
05/21/2014
Don’t rely on reliefs from inheritance tax lasting indefinitely by Sharon Omer-Kaye, Baker Tilly
The latest National Audit Office (NAO) report into tax reliefs might make uncomfortable reading for those wanting to pass their farm business on to the next generation.
05/20/2014
New tax scandal as report claims evasion by dodgy companies costs UK £40BILLION a year
A staggering £100billion worth of sales are raked in by firms every year, yet never disclosed to the authorities
05/19/2014
The Spanish ETVE – New Zealand Trust Structure for investment in Latin America
Spain’s onshore reputation and global network double taxation treaties provide Spain with an excellent platform from which to offer international onshore structures.
05/19/2014
Chasing the rainbow: On tax, toothpaste and private bankers
Any taxation discussions are marked by delusional debates
05/15/2014
Tax system flaws leave professionals paying 60 per cent
Nonsensical' tax cliff-edge leaves families paying hidden marginal tax rates in system
05/15/2014
Government to make offshore tax evasion a criminal offence
Currently HMRC has to demonstrate that even when someone failed to declare offshore income, that the individual intended to evade tax
05/14/2014
Stern US Tax Evasion Law Targets Russian Banks
A US law designed to rein in offshore tax evasion by US citizens
05/12/2014
Amendments to Cyprus-India double tax agreement to be finalised shortly
The conclusion of the agreement will resolve the differences between the two countries' tax authorities
05/12/2014
Allowing HMRC to raid our bank accounts attacks individual freedom
The taxman removing cash from personal bank accounts is an abuse of power