10/13/2015
Former Bank Leumi Execs To Return Millions In Bonuses
The three former managers have already notified the committee that they will return the $1.3 million
Legal,Regulation,Tax & Compliance
10/13/2015
How Mauritius Hopes To Shake Its Reputation As A Tax Haven
A double taxation avoidance treaty has helped make the island nation the biggest route for foreign investment into India but potential treaty changes are encouraging a shift in focus to Africa.
10/13/2015
Chinese investor stabs asset management firm’s chief executive after losing 300,000 yuan
Wang Jie, chief executive of the struggling Global Wealth Investment Beijing, remains in a coma after being stabbed in the shoulder on Sunday during a meeting with investors
10/12/2015
HSBC Whistle-Blower Falciani to Skip Trial After Court No-Show
Falciani, who’s currently in France, has no plans to attend the new date after skipping the hearing in the Swiss town of Bellinzona
10/11/2015
Switzerland approves extradition of ex-FIFA official to US
The Swiss government has approved the extradition of former FIFA official Costas Takkas to the United States.
10/11/2015
Hervé Falciani: criminal or modern-day Robin Hood?
A number of countries have data thief Hervé Falciani to thank for millions in tax revenues.
10/11/2015
Renzi revives Italy’s €410bn wealth fund
These are the new headquarters of the Cassa Depositi e Prestiti, the country’s €410bn sovereign wealth fund.
10/09/2015
Bill Gross sues Pimco for $200 million over forced ouster
Gross had been "on track" to receive a bonus topping $250 million in 2014, with most paid late in the year, according to the complaint.
10/09/2015
'Bond King' Bill Gross sues Pimco for 'forcing him out'
Bill Gross claims a 'cabal' of executives were 'driven by a lust for power, greed, and a desire to improve their own financial position and reputaion'
10/09/2015
Swiss bank secrets lead US to tax cases in Singapore, Israel
They’ve also prodded thousands of reluctant Americans to disclose accounts hidden from the Internal Revenue Service.
10/08/2015
Lionel Messi's father wanted by Spanish prosecutors after alleged £3m tax fraud
The decision is considered a win for Lionel Messi, who also had been mentioned in the investigation.
10/08/2015
International tax report - Withers
In this quarterly report, we feature articles on important international tax developments around the world, written by our international tax lawyers based in the US, Asia and Europe.
10/08/2015
Swiss Federal Council Adopts Dispatch On New TIEAs
The Council adopted the dispatch on October 7. It will now be submitted to Parliament for approval.
10/07/2015
Swiss Asset Firm, DOJ Reach Deal Over Tax Evasion Charges
“The American public can expect that we will use all of the information we are gathering to vigorously pursue individual U.S. taxpayers who illegally conceal assets offshore and to develop innovative strategies to combat international tax evasion wo
10/07/2015
Swiss Asset Management Firm Finacor SA Reaches Resolution With US Justice
Finacor agrees to cooperate in any related criminal or civil proceedings
10/07/2015
Asset Management Industry: Financial Stability Update, Fall 2015
Robert H. Ledig, Thomas P. Vartanian
10/07/2015
Developments in the Luxembourg Financial Sector
by Patrick Goebel, Christopher Dortschy, Christine A. Renner
10/07/2015
Legal troubles, market realities threaten Uber’s global push
The Uber Pop service, known as Uber X in the US, which enables people to offer rides in private cars, is now banned in most of Western Europe.
10/07/2015
Russian 2015 tax revolution - Withers
For many years international tax planning for Russian inbound and outbound investments, and wealth planning for Russian resident individuals, was rather straightforward.
10/07/2015
Singapore tax treaties: The end of limitation of relief? - Withers
What is limitation of relief?