04/22/2016
HMRC hail multimillion-pound victory over tax avoidance scheme
The court heard the scheme, involving synthetic sales of bonds, was designed to take advantage of different accounting standards governing when assets should be recognised.
Legal,Regulation,Tax & Compliance
04/22/2016
Steven L. Cantor Receives Miami Today Award
Global Attorney Steven Cantor of Cantor & Webb Cited
04/22/2016
Isle of Man joins G5 nations in global move for greater transparency
The Isle of Man Government has today agreed to engage in an initiative on automatic exchange of beneficial ownership information spearheaded by the five largest economies in the European Union - the UK, France, Germany, Italy and Spain (G5).
04/21/2016
Tired monetary policies calls for alternative solution - Miton's Anthony Rayner
Helicopter Money
04/21/2016
EDCAB leads discussions as industry and policymakers come together to discuss future of virtual currencies and blockchain in Europe
This is an important step in building legitimacy for the sector and industry agreed on the need to be transparent about how they manage risk and work with policymakers to educate and build public confidence.
04/21/2016
The PM and the Panama Papers: was David Cameron's offshore funds criticism fair?
The furore over David Cameron's investment fund shares offers useful lessons for those that question why such funds are traditionally set up offshore
04/21/2016
Crackdown on offshore owners of UK property
Secretive wealthy buyers to be unmasked
04/20/2016
How the world’s wealthy hide millions offshore — from their spouses
Why an Alaska plastic surgeon took a sudden road trip to Panama with millions of dollars
04/20/2016
Offshore Tax Bulletin - Deloitte
Welcome to the April 2016 edition of Deloitte’s Offshore Tax Bulletin, which provides a round-up of local and international tax issues relevant to Guernsey, Jersey and Isle of Man businesses and individuals.
04/20/2016
Delaware - when is a tax haven not a tax haven? by Rebecca Reading
With all the focus on places such as Panama, the US might just be keeping quiet in their own dark corner, hoping no-one will remember that Delaware is one of the most private places in the world to set up a company.
04/20/2016
International organisations take major step to boost global co-operation in tax matters
The first of these toolkits, focusing on tax incentives, was delivered in November.
04/20/2016
Spain probes list of Swiss bank accounts provided by Germany
Germany’s North Rhine-Westphalia state said last week it gave Spain and more than 20 other European nations the list of people and companies.
04/19/2016
ABN AMRO Surfaces in Panama Papers with Controversial Loans
Trouw and Financieele Dagblad are the two Dutch newspapers involved in the investigation into the Panama Papers
04/19/2016
For Deutsche Bank, Justice Delayed
Mr. Noll had said prosecutors had failed to prove the allegations against the five men
04/19/2016
Ogier’s Luxembourg team ‘punches above its weight’ according to latest industry analysis
The Luxembourg team, which was established in 2012 and is the only office of a Channel Island law firm in the City, has a ‘very commercial and client-oriented approach’, Legal 500 notes in its 2016 rankings for Europe, Middle East and Africa.
04/18/2016
Concrete actions needed to advance global tax transparency, OECD says
The international community should call time on all remaining holdouts who have yet to implement internationally agreed tax transparency standards, OECD Secretary-General Angel Gurría said in a new report to the G20.
04/18/2016
Panama Papers leak will have negative impact on expat banking options
The banks in the main offshore centres are extremely nervous of taking on any clients who are not resident in their jurisdiction.
04/15/2016
Money Trail - The Route Of ‘Cash the King’
The first reaction of Najib was to deny but later he admitted to having this money in his secret personal account.
04/15/2016
Swiss banking whistleblower claims the CIA behind the Panama Papers
Bradley Birkenfeld, who served 30 months in prison, but received more than $100 million for US tax authorities revealed the extent of tax fraud at the heart of the Swiss banking industry in 2008.
04/15/2016
Billionaire Prokhorov's Onexim Being Checked by Tax Service
Onexim’s main building in Moscow was being searched by the enforcement officials, though the reason isn’t clear, an Onexim representative said by the phone, asking not to be identified because of corporate policy.