01/01/2014
Bank Secrecy Crumbling Under US Govt Offensive
One of the oldest traditions in banking is crumbling in the face of American determination to tackle tax evasion.
12/31/2013
The 67-year-old Conservative supporter said: ‘I never understood why companies should pay tax. They don’t have a vote. If they didn’t have to pay tax, they would come here in droves and employ millions of people who would pay loads of ta
12/30/2013
Tax revenue worldwide is still bouncing back from the low levels of 2008-09, the height of the recession, a non-profit group in France says
12/30/2013
France approves 75pc company tax on €1m salaries
President Hollande's controversial measure receives the green-light from France's highest court
12/30/2013
Revenue launches crackdown on tax-free 'bullet loans' to staff
12/28/2013
The reality is that every case the SFO does is make or break. 2014 will be about putting the past behind us
12/27/2013
Regualtor fines British bank Barclays for failure to preserve order trade data, emails and instant messages
12/27/2013
The Geneva-based bank with 203 billion Swiss francs $227 billion (£137.65 billion) in client assets is the biggest privately-held firm so far to say publicly it will take part in a government-brokered scheme to make amends for aiding tax evasion.
12/25/2013
Arabella di Iorio and Richard Grasby provide an overview of private client law and policy in the British Virgin Islands.
12/24/2013
Rothschild Bank will participate in the U.S. program in part to settle the tax dispute
12/24/2013
Banks in Switzerland, the largest cross-border financial center with $2.2 trillion of assets, are closely examining accounts before joining a disclosure programme that's the broadest assault in a five-year US crackdown on offshore tax evasion.
12/24/2013
Booz & Company's global partners have voted overwhelmingly to approve a combination with PwC.
12/24/2013
The exact wording has yet to be approved, but MiFID II is likely to include the irksome demand that financial traders have a physical presence on EU soil to sell products to EU citizens.
12/24/2013
"As of today, Bermuda and Jersey have satisfied all of France's requests for information, which will enable them to avoid reprisals contained in the law," the ministry said in a statement on its website.
12/24/2013
Since the financial crisis there has been a marked acceleration in the number and scale of initiatives designed to enable states to get information about income its taxpayers earn abroad.
12/23/2013
Richard Meddings says levy is unfairly focused on two banks — Standard Chartered and HSBC — which did not receive any taxpayer support during the financial collapse
12/23/2013
Jersey Finance has welcomed confirmation from the French Ministry of Finance that Jersey has been removed from France’s list of non-cooperative jurisdictions.
12/23/2013
Separately, EFG International is disappointed to report that its 2013 profit will be adversely impacted by a charge of approximately CHF 20 million following an unexpected outcome of a longstanding legal action in the UK to which it was a party.
12/20/2013
Shareholders have been selling stakes, offloading stock to brokerages and buying it back the next day, or moving shares to asset-management companies they control, said Masakazu Kito, head of wealth management at the securities unit of Japan’s third
12/20/2013
Deutsche Bank says not party to 'dividend stripping' tax issue
Deutsche Bank on Thursday said it did not expect to have to make payments to cover back taxes by clients, after some of its banking rivals ran into trouble over a tax rebate strategy known as "dividend stripping."