10/24/2016
Swiss unblock $140 mn after Italy tax fraud acquittals
On the basis of the recent acquittals in Italy, OAG released the funds blocked by law
Legal,Regulation,Tax & Compliance
10/24/2016
Treasury expected to water down reforms on offshore trusts
Government reconsiders removing exempt status from trusts
10/24/2016
Immigration vote ‘threatens Swiss private banks’
With less than four months to go, no satisfactory solution has been found.
10/24/2016
Cameron adviser reveals No 10's alarm at his holding in offshore fund
The Vietnam Enterprise Fund is run by Dragon Capital in Vietnam, but registered in the Cayman Islands.
10/21/2016
Saudi Prince executed for murder
He had been sentenced to death for the killing of his friend in November 2014, after he pleaded guilty at the trial.
10/21/2016
Exclusive: Swiss lobby U.S. ahead of UBS, Credit Suisse RMBS settlements
In a meeting this month with representatives from U.S. regulators, the Federal Reserve and the banking sector.
10/21/2016
Investec traders lose appeal over £6m bonuses
The traders, who left Investec in 2011, had claimed that they were due bonuses worth more than £6m
10/21/2016
International Tax e-briefing - Eversheds
Fundamental tax return proposals in Switzerland
10/21/2016
Global InSight - Deloitte
Moving together. Making tomorrow.
10/21/2016
G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes
The BEPS package endorsed by the G20 Finance Ministers in October 2015 contains the report on Action 14 (Making Dispute Resolution Mechanisms More Effective), which outlines the minimum standards and best practices for resolving treaty-related disputes un
10/21/2016
Swiss Top Diplomat Lobbies in Favor of Big Banks in the U.S.
With the verdict, all trust in the bank was wiped away and it has become the subject of speculation about its future.
10/21/2016
Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information
This marks a further milestone towards the implementation of the OECD/G20 BEPS Project and a significant increase in cross-border cooperation on tax matters.
10/20/2016
The Death Tax and the Recycling of Wealth
We decided long ago that we didn’t want to create an aristocracy in this country. I think that was and remains good policy.
10/20/2016
FINRA: Merrill's system failures produced millions of inaccurate trading records
Merrill Lynch settled the case without admitting or denying the charges, but accepted the entry of FINRA's findings into its disciplinary record
10/20/2016
U.S. Ambassador Tells Swiss Banks to Open Doors to Americans
The embassy declined to provide a copy of a letter she sent to bank executives, but Bloomberg BNA obtained a copy of it.
10/20/2016
Ingenious wins Supreme Court battle against HMRC
The highest court in the land today, however, ruled that the Revenue had breached its duty of confidentiality.
10/20/2016
OECD’s CRS: impact on Bermuda family offices
The aim is to increase tax transparency and eliminate tax evasion globally.
10/20/2016
Latest tax gap figures usher in new attack on tax evasion and tax crime
HMRC’s latest figures show the UK tax gap continuing at around £36bn. But that’s only part of the story. As a percentage of tax yield, the tax gap has dropped by the equivalent of £11bn over 10 years. More significantly perhaps, th
10/19/2016
Steering a course towards the future of wealth structuring
Winning new business amid such uncertainty is proving a challenge for now.
10/19/2016
OECD launches business survey on tax certainty to support G20 tax agenda
The survey is an open and wide-spread consultation which supports the G20 future tax policy work.