09/27/2016
Obeid family loses multimillion-dollar lawsuit against ICAC
The court will hold a separate hearing in February on legal costs, which are understood to be in the order of $5 million.
Legal,Regulation,Tax & Compliance
09/27/2016
Panama papers: investigative journalists discuss their work in Parliament
The release of the so-called Panama papers in April reignited the debate on tax evasion
09/27/2016
Global money laundering group urges Singapore to step up its efforts
The executive summary of the task force's report did not mention 1MDB.
09/27/2016
Jersey introduces virtual currency regulation
The new regime, developed by Digital Jersey, the States of Jersey, the JFSC and Jersey Finance as part of Jersey’s Digital Policy Framework, came into effect on Monday.
09/27/2016
Switzerland confirms its commitment towards greater tax transparency
Switzerland is committed to implement automatic exchange of financial account information in time to commence exchanges in 2018
09/27/2016
Malta taxation on income and gains derived from intellectual property
As an international financial services centre, Malta provides for various fiscal incentives both to Malta companies and also to their shareholders. This makes Malta a very tax efficient jurisdiction where to set up companies to hold intellectual property
09/27/2016
Malta’s Refundable Tax Credit System
No tax is refunded which represents tax paid on profits which would have been allocated to the UA, IPA or FTA.
09/26/2016
India Court Issues Warrant for Malaysia Billionaire
Investigators told the court they were seeking arrest warrants as the men couldn’t be served summons issued by the court.
09/26/2016
Flaunting her family's wealth on social media - as her dad faces fraud charges after his company collapsed owing $30million in tax
Queensland Police confirmed they were investigating a number of fraud complaints referred by the Queensland Building and Construction Commission.
09/26/2016
Former IMF head on trial over bankers’ luxury sprees
They are accused of having paid for personal expenses with credit cards put at their disposal by both banks, without ever justifying them or declaring them to tax authorities.
09/26/2016
France asks Switzerland to hand over 45,000 UBS accounts
UBS denies the accusations, arguing that its involvement in such financial operations has not been proven.
09/26/2016
Germany's 'James Bond' goes on trial over tax evasion
Mauss will asked to account for the operation of several bank offshore accounts, in Luxembourg, Liechtenstein and the Bahamas under aliases.
09/23/2016
International Tax for Asset Managers newsletter: Summer recap
A global focus on the investment management industry
09/23/2016
Webcasts for Tax Executives | September 26 - October 21
Take the lead
09/23/2016
Deloitte Tax disclosure and transparency webinar – 5 October 2016
In August 2016, HMRC released their consultation around the new statutory Requirement to Correct (RTC), due to be in force from April 2017.
09/23/2016
World Tax Advisor - Deloitte
Connecting you globally.
09/23/2016
BNY Mellon Accused of Unfair Competition by Lyell Wealth
Suit comes weeks after bank accused firm of poaching clients
09/23/2016
CFTC Orders United Kingdom-Based Barclays Bank PLC to Pay $500,000 for Recordkeeping Violations
Barclays is a global banking and financial services company based in the United Kingdom, as well as a provisionally registered swap dealer with the CFTC.
09/23/2016
IMD Professor Says Action Must be Taken Against Apple and Corporate Tax Havens
Tax competition may be considered unfair and undesirable when capital is movable and the wealthier can chose
09/23/2016
CBC INVESTIGATES Senator reports herself to ethics czar over tax-haven revelations
'I had no knowledge of, or participation in… the listing of my name as a director' of offshore firm