07/23/2014
In the latest moves towards implementation of the FATCA Intergovernmental agreements (IGAs) signed by the BVI with the US and the UK, the BVI Government has released draft Guidance Notes for public consultation.
07/22/2014
Hundreds of thousands of pensioners will be able to leave more of their money to their children under government plans to cut “penal” death taxes.
07/21/2014
Coutts warned clients on film scheme HMRC tax challenge
Coutts has warned its clients about a possible HMRC Revenue & Customs tax probe into film investment schemes
07/21/2014
New single global standard for the automatic exchange of information between key authorities worldwide
07/21/2014
In a recent case concerning the application of the double tax agreement between Cyprus and India, the Indian Income Tax Appellate Tribunal confirmed that the wording of the agreement concerning taxing rights in relation to international shipping activitie
07/20/2014
Tax inversions are back in the press this week, with no less than two US companies planning to swallow up their British rivals and take advantage of the UK ‘tax haven’.
07/20/2014
Fundamental changes to the international tax environment are set to provide both challenges and opportunities to businesses in the financial services sector.
07/18/2014
Ross McEwan says in radio interview that the 'good bank' he is creating will see high investor demand when Government sells its stake
07/17/2014
This approach is clearly working as HMRC’s high net worth unit has delivered £1 billion in compliance yield
07/16/2014
The UK IGA provides a framework for the implementation in the Cayman Islands of a UK tax residents reporting regime ("UK FATCA") which is similar in scope to the US Foreign Account Tax Compliance Act ("US FATCA").
07/14/2014
Luxembourg’s parliament approved an agreement July 9 with Taiwan to avoid double taxation and prevent fiscal evasion.
07/13/2014
Cyprus company Glendive Enterprises Limited entered into an agreement with Arabian Resources FZC to provide a ship to transport bauxite ore
07/11/2014
There has been much press commentary in recent weeks about the iniquitous effect inheritance tax (IHT) has on property, particularly in London and the South East where the value of an “average” property can easily exceed the nil rate band (or
07/09/2014
They are only a few hundred yards from the firm's old base in Wollaton Street.
07/09/2014
Seneca has advanced £10m to businesses already and expects to have a loan book of £20m by the year’s end
07/09/2014
UK and India remain committed to the Base Erosion and Profit Shifting project
07/09/2014
Offshore tax dealings: celebrities and sportsmen in leaked Jersey files
In another major blow to international personal tax evasion, the names of over 20,000 wealthy offshore clients of a private bank in the Jersey island tax haven, have been leaked to the International Consortium of Investigative Journalists.
07/09/2014
HMRC predicts the new measures would only affect about 17,000 individuals each year
07/08/2014
Information on expats opening offshore accounts to be shared with HMRC
The UK signed its agreement with the US in 2012
07/07/2014
The BBA has today responded to the European Commission’s consultation on tax problems faced by EU citizens when active across borders within the EU.