Managers of Wealth

More Zurich tax cheats come clean as data sharing looms

The authorities have been able to handle only about half the cases so far, however, so they expect the sum to rise.

Swiss Court Shields Bank Staff

The case was brought by an unnamed American expat living in Switzerland

Why January 8 is being dubbed National Divorce Day

Lawyers have dubbed the first working Monday of the year as as the peak day for separation enquiries

The UK's proposed new royalty withholding tax

The plan is that the new royalty withholding will apply from April 2019 where a non-UK resident entity making sales in the UK pays a royalty to a connected party in a low tax jurisdiction

Wealth manager forced into administration after court loss

In a statement, PCR, the administrators of Full Circle, said all client money is in segregated accounts and so not in jeopardy.

Celebrities including David Beckham and Gary Lineker lose their latest legal battle to overturn £480million tax bill after investing in controversial film schemes

Some 81 celebrities and sports stars tried to appeal the loss of a tax break

Claude Baumann: «Why the Paradise Papers Fell Flat»

Not much of that has happened since the trove of documents from Bermuda law firm Appleby was leaked last month.

The global tax war may already be under way

The question then: Are we already in the middle of a tax war?

Celebs lose film scheme tax plea

Tax avoidance doesn’t pay

How Many Trusts And Estates Lawyers Can Increase Their Incomes By $1 Million Or More In 2018

Not surprisingly, the key is generating new profitable business.

What Happens When a Spouse Hides Money During a Divorce?

Some well-to-do spouses still engage in complex and expensive schemes in the attempt to keep assets for themselves and out of the pool of community property.

Appleby v The Guardian, a 30 second legal analysis

Arguing disclosure was necessary to prevent serious harm to the public would be extremely difficult.

FINRA hits JP Morgan Securities with $2.8M fine over custody failures

The SEC rule creates requirements to protect customers' funds and securities.

Citigroup to pay $11.5m over false stock ratings

The firm’s actual research reports, which were available to brokers, and the research ratings appearing in those reports, were not affected by these errors.

More than $500 million recovered by tax authorities worldwide following the Panama Papers

This number could keep growing with several countries still conducting audits on the basis of the Panama Papers information.

USA: Clawback Under New Tax Law

We can only speculate how the IRS will handle this issue.

It’s time to address the double standard about tax havens

Switzerland tops the list of the Tax Justice Network’s financial secrecy index—and the United States comes in third. European Union (EU) member states Germany and Luxembourg also fall in the top 10.

Saudi Arabia releases 23 high-level ‘corruption’ detainees

The suspects have been held at Riyadh’s luxurious Ritz Carlton hotel since early November and told to hand over assets and cash in exchange for their freedom.

The U.S. Is Becoming the World’s New Tax Haven

Shuttering foreign tax shelters only to steal their business is a bad move.

Swiss Banks To Begin Collecting Foreign Taxpayer Data

An expanded list of the territories that Switzerland intends to automatically exchange information with from 2019 has been newly published on the State Secretariat for International Finance's website

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