Managers of Wealth

IRS Audits to Go After Offshore Earnings and Transfer Pricing

Agency has a new series of 13 audit campaigns narrower than previous broad approach

Latham & Watkins launches new resource for investors in africa

New comparative guide helps investors navigate the legal systems when investing in some of Africa’s major economies.

Mourant Ozannes successfully opposes unprecedented scheme of arrangement

Minority shareholders would have received a 43.6% discount to the net asset value of Puma.

HSBC discloses tax evasion probes in India, other countries

HSBC further said it has set aside USD 773 million over Rs 5,000 crore as a provision for various tax- and money laundering-related matters.

HSBC cuts legal spend by US$1bn

The company also faced tax-related investigations in the US, France, Belgium, Argentina, and India.

French judges begin hearing giant tax case

The so-called France Offshore Affair has been in the headlines for years.

HSBC reveals it is being probed for helping clients dodge taxes

The banking giant also said offshore accounts of four Indians and their families were being probed by Indian tax authorities

Why Pay High Fees?

The resulting shortfalls in their assets will for decades have to be made up by local taxpayers.

Has the art market become an unwitting partner in crime?

Secrecy has long been central to the art world.

Banking & Securities Viewpoints - Deloitte

A biweekly digest for executives

One last chance to take advantage of offshore trusts?

Once deemed domiciled, their worldwide assets will be subject to UK inheritance tax.

Uzbek Probe Hits Lombard Odier

The news was first reported by Swiss magazine «Bilanz» in German.

Swiss Supreme Court Clarifies Illicit Fishing Expeditions In International Tax Assistance Procedures

It was enacted only to secure the due execution of international tax assistance inquiries.

Lawyers warn super funds to expect class actions

This is despite the law recognising a tolerance for investment strategy losses from the development of complex intermediated structures.

Cayman Islands vote could pull back veil of secrecy for businesses

The Cayman Islands, a U.K. territory long considered to be an offshore tax haven.

Adviser network Nexus Global expands to Latin America

Nexus was originally set up to offer its experience and expertise to European advisers in the areas of business strategy and compliance, and provide a regulatory umbrella.

RBC battles former executive after dropping Volcker strategy

Phiri first filed a lawsuit in New York State court in December against RBC's U.S. investment banking division

Appleby advises AshbyCapital on £217 million acquisition in London's Fitzrovia and subsequent refinancing

The acquisition included the purchase of units from Kaupthing ehf in two separate Jersey Property Unit Trusts.

Spanish princess’s husband gets six years over €6m tax fraud

She was accused of siphoning off money from a state-backed real estate company.

Wealthy individuals wary of special voluntary disclosure

Too expensive to encourage optimal uptake, tax experts say.

Legal,Regulation,Tax & Compliance