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

UK and Kyrgyzstan sign double taxation agreement

The treaty follows the OECD Model Convention in many respects.

Advisers reveal how they are mitigating IHT for clients

Of the financial advisers surveyed, 63 per cent view IHT planning as an important part of their services, and 36 per cent believe it will become more vital over the next two years.

Dutch Notaries Used as Pawns to Set Up Structures to Avoid Tax

Trust Bloomberg BNA's Premier International Tax offering for the news and guidance to navigate the complex tax treaty networks and business regulations.

Germany lost €32 billion to bankers in 'biggest ever tax scandal': report

These deals are estimated to have cost Germany €24.6 billion since 2001, according to Spengel.

What To Know About Property Tax in Portugal

Portugal is one of their preferences, but they want to know more about the tax system.

Ireland’s Double Tax Treaties to be Amended Under Unprecedented MLI

Although it is unclear at this stage when the changes will apply from, the very earliest date from which the changes are likely to apply is 1 January 2019.

Cordium helps wealth and fund firms fight tax evasion

The solution from the governance, risk and compliance provider is designed to help wealth and fund firms adapt to new requirements of the Criminal Finances Act

Recent HMRC systems errors raise concerns about Making Tax Digital

Two recent cases in which HMRC’s inability to present a clear and unambiguous case to the taxpayer and subsequently to the tribunal have led to a loss of tax and/or penalty which would otherwise be due. If these errors are down to HMRC’s IT sy

Wealth managers face $1.1trn outflows on tax avoidance crackdown

It’s a continuation of the overall challenges that the industry is facing

U2, Rolling Stones business rep called to Dutch tax haven committee

The Netherlands is ranked third in Oxfam’s annual list of the world’s top 15 tax avoidance centres

First Space-Based 'nation' could 'spur off-planet tax havens'

This potentially opens the door to off-planet data and tax havens, according to filings obtained by Motherboard, and represents an important step towards the group's proclaimed goal of starting a private nation in space.

Nations agree corporate tax avoidance crackdown

Deal to abolish ‘treaty shopping’ hailed as a turning point

Declare offshore wealth? Russia tycoons would rather ship themselves off shore

No official data has been made public on how many people have given up Russian residency to escape the law

Ireland at the heart of football tax probes

Cristiano Ronaldo and Mourinho have used Dublin to manage image rights cash

Number Of Top Rate Taxpayers Jumps By A Third

The reasons for the rise are cited as higher salaries and a reduction in pension contribution relief.

KPMG delivers new bombshell to partners over taxman's unpaid bill

KPMG wrote to hundreds of UK partners last week to outline tax bills running to tens of thousands of pounds, Sky News learns.

Thousands of British expats could face tax penalties for undeclared cash: report

Banks, building societies, insurance companies and investment companies are required to provide HMRC with data about their overseas clients’ accounts — including balances — by the end of today.

New Bamako Cardinal Allegedly Conceals Millions in Switzerland

Funds were then channeled from those through different banks before being eventually placed at seven accounts with the HSBC Private Bank in Geneva, Switzerland.

Celebrity film scheme to appeal £700m tax case decision

"Innocent investors went in on advice and if anyone has been immoral and unfair it's HMRC," reports UK newspaper the Daily Mail.

Grant Thornton on hiring spree in Ireland

Accountancy firm Grant Thornton is to create 250 new jobs in Ireland over the next 18 months.