04/28/2014
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.
04/25/2014
The wording in the rules falsely indicates that established VCTs could lose their tax-efficient status if they pay dividends to investors who bought shares in the new tax year starting April 6th.
04/25/2014
Bulgaria’s Cabinet has approved a draft proposal to update the memorandum on avoiding double taxation with Romania
04/24/2014
US investment fund applied for a refund of withholding tax paid on dividends derived from Polish companies
04/20/2014
HMRC to sell taxpayers' financial data
The personal financial data of millions of taxpayers could be sold to private firms under laws being drawn up by HM Revenue & Customs in a move branded "dangerous" by tax professionals and "borderline insane" by a senior Conservati
04/20/2014
KPMG in Holland again under investigation, this time for tax fraud
Accountancy company KPMG is again under formal investigation by the authorities, this time for suspected tax fraud involving the construction of its new Amstelveen headquarters.
04/17/2014
The significant milestone was reached in recent weeks, the Revenue Commissioners has revealed.
04/16/2014
It seems that Danny Alexander, the boyish Lib Dem chief secretary to the Treasury, has finally come of age.
04/15/2014
Clients have a 5% tax free allowance from onshore and offshore investment bonds. However adviser charging payments from the bonds would be seen as a withdrawal and impact upon the allowance.
04/15/2014
BaFin is currently only authorized to launch criminal proceedings against bank employees for their role in aiding and abetting tax evasion.
04/14/2014
Germany and France thought they could tame the markets
04/14/2014
Companies turn away from tax avoidance plans
The Taxman suspects Britain’s biggest companies of underpaying taxes to the tune of £18.8bn in the last year
04/10/2014
Charities will be able to choose which SORP they apply depending on which accounting standard they use. This will facilitate implementation of the new FRSSE framework which is expected shortly.
04/10/2014
The Government of the Kingdom of Denmark and the Government of the Republic of Ghana have signed the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital Gains
04/08/2014
Historically, non-residents have not been subject to capital gains tax (CGT) unless carrying on a business in the UK through a branch or agency.
04/07/2014
A legal loophole made this possible until 2012.
04/07/2014
This is a purely civil procedure, and can be carried out without the tax evader being publicly named.
04/07/2014
These documents were the first stage in opening cross-jurisdictional tax-evasion investigations.
04/07/2014
With the inheritance tax threshold frozen, families are resorting to more desperate measures to avoid death duty
04/07/2014
The Seed Enterprise Investment Scheme offers some generous tax breaks, but for unwary investors the program also has some tax pitfalls.