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Italian tax police ask Switzerland for details on 10,000 banking clients

Credit Suisse considers the investigation by the Italian authorities into Credit Suisse's cross-border business as closed.

Tax Briefing – Inheritance tax treatment of UK residential property update

The new rules extend the scope of IHT to interests in foreign entities which hold UK residential property, either directly or indirectly.

Tax Briefing – non-dom tax changes update

Those who may be affected by these rules should take advice immediately as their tax position may change significantly and they will not benefit from some of the reliefs available for those becoming deemed domiciled under the long-term non-dom rules.

Guernsey Offshore Tax Bulletin - Deloitte

As part of its long term Digital Strategy and in line with the UK Government’s obligations under the Fourth Money Laundering Directive (4MLD), HM Revenue and Customs (HMRC) is introducing a new Trust Register

Next steps on the Finance Bill and Making Tax Digital - HMRC

Ministers confirm a new timetable for Making Tax Digital.

Carillion appoints EY to help stave off collapse

Carillion’s shares collapsed after a profit warning last week

ICELAND: Half a Billion Recovered due to Panama Papers

The names of the 376 individuals and entities that The Directorate of Tax Investigations did not investigate were sent to the Directorate of Internal Revenue.

Price of a beer defines alternative global cost of living index

Copenhagen most expensive place when tax is taken into account

New Money Laundering Legime Introduces Additional Compliance Duties For Pension Scheme Trustees?

There are three key duties which centre on record-keeping, the provision of information to third parties in certain circumstances and submitting information to HM Revenue & Customs for purposes of its register of beneficial ownership.

HMRC tax clampdown brings £29bn boost to UK government coffers

“The message is clear to those who try to not pay their fair and legal share: there is nowhere left to hide”, he said.

Swiss, French to resume tax data exchange after resolving concerns

Switzerland was waiting to clarify the situation before exchanging further information.

Ireland supports international tax reform efforts, Paschal Donohoe tells MEPs

Minister for Finance tries to persuade MEPs that Ireland now one of the ‘good guys’

Bank Rescues Leave Sweden Questioning Point of Post-Crisis Union

Italy is also using a provision in Europe’s new resolution rules to channel public money into Banca Monte dei Paschi di Siena SpA.

UK Corporate Offence of Failure to Prevent Tax Evasion

The second element is criminal facilitation of that evasion by an associated person of the relevant business.

Action needed by trusts to comply with beneficial owner register requirements Karen Clark

Action is needed by trusts to comply with a new requirement for a beneficial ownership register for trusts operated by HMRC. New trusts within the scope will need to register by 5 October 2017 and information on existing trusts must be provided by 31 Janu

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