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Legal,Regulation,Tax & Compliance

02/18/2014

Swiss Tax Deal Seen Buried After Prominent German Cases Revealed

A proposed Swiss-German tax accord is dead and buried amid growing public opposition in Germany to any agreement that’s seen as too easy on evaders

02/18/2014

Tax evasion controversy shifts east

Our message to tax criminals is loud and clear: their money is not welcome in Singapore

02/18/2014

Wealthy Britons in the dark over inheritance tax rules

Wealthy Britons risk leaving their loved ones with an unexpected tax bill after a new report revealed less than half are aware of the inheritance tax threshold.

02/14/2014

Jersey Finance comments on the OECD new single global standard on automatic exchange of information

“These reforms are a platform for mobilising money transparently and allowing greater global investment, which we strongly welcome”.

02/13/2014

Luxury Cars as Lottery Prizes to Help Portugal Fight Tax Dodgers

For as long as she can remember, Portuguese pensioner Maria Alice Silva has enjoyed a guilty pleasure she hides from her friends: playing the lottery.

02/13/2014

OECD delivers new global standard on automatic exchange of information between tax authorities

The standard contained in this report and released in preparation for that meeting calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis.

02/13/2014

JFSC publishes feedback on miscellaneous amendments to Regulatory Legislation

The limited number of respondents to the consultation were generally supportive of the proposed amendments and no substantive changes to the form of the draft legislation consulted upon have been considered necessary as a result of the comments received.

02/13/2014

OECD proposes agreement on sharing details of offshore accounts

42 countries have already committed to sharing tax details

02/13/2014

Adviser hits out at Standard Life in client ownership row

An advice firm has hit out at Standard Life after the provider revealed clients had moved from a rival firm amid a dispute over client ownership.

02/12/2014

Barclays says its Swiss private bank is part of US tax deal

Barclays private bank in Switzerland became the latest bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.

02/12/2014

NORWAY: Government wants to remove wealth tax

The wealth tax limits the Norwegian business sector, says Prime Minister Erna Solberg. Solberg dismisses that the wealth tax is a tax for the wealthy.

02/12/2014

Baker & McKenzie Elects New Partners and Professionals

Throughout their tenure, these professionals have demonstrated a remarkable commitment to our clients and the Firm

02/12/2014

PAM awards - International Tax And Estate Planning Law Firm Shortlisted

These recent distinctions highlight the firms strong leadership in tax and estate planning for high net worth international private clients.

02/12/2014

Global law firm appoints first ever Asia managing partner

As the U.S. Ambassador, Ambassador he oversaw the broadening engagement of the United States in Southeast Asia, which included the Obama Administration's 2011 "pivot" or "rebalance" to the region.

02/12/2014

SEC names new chief accountant in Enforcement division

The Securities and Exchange Commission today announced that Michael F. Maloney has been named the new chief accountant in the SEC’s Division of Enforcement.

02/11/2014

UBS suspends two Hong Kong employees in hiring probe

Investment bank UBS has suspended two members of its staff in Hong Kong after launching an investigation into the hiring of an employee related to the head of a mainland corporate client.

02/11/2014

Flexible solutions for those facing a US/Swiss planning conundrum - Withers

In this brochure, to illustrate the complex issues that can arise in this area, we have provided a case study of what one might, at first sight, assume to be a straightforward situation. In fact, and as we show, it is anything but.

02/11/2014

Former UBS banker to plead guilty in U.S. tax case, filing says

A former senior UBS private banker has agreed to plead guilty in connection with a criminal indictment for selling offshore tax-evasion services to wealthy Americans

02/11/2014

EU to force Britons to publish details of wills and property

A bill being debated in Brussels would force UK citizens to disclose 'reams' of private, financial information on a public register

02/11/2014

More spouses are financially cheating

The number of people keeping money secrets from their partner is on the rise.

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