Managers of Wealth

The World’s Favorite New Tax Haven Is the United States

By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth.

Offshore Investment and Saving Facts and Fables

Exposing the truth about the benefits of saving and investing offshore, and identifying who can benefit from going offshore.

Yet another Swiss private bank reaches resolution under Swiss Bank Program

The bank is a small private bank that commenced doing business in September 2009.

Ex-Summit Wealth COO Indicted For $15M Investment Fraud

Former Summit Chief Operating Officer Angelo Alleca and former fund administrator Mark Morrow were arraigned in Georgia federal court.

IRS Still Hunts Offshore Accounts As More Foreign Banks Sign Deals With U.S.

The IRS updated its list of foreign banks where accounts trigger a 50% rather than 27.5% penalty in the IRS’s long-running Offshore Voluntary Disclosure Program.

Taxman steps up Swiss account investigations

Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.

Black money: Switzerland "extremely keen" on greater cooperation with India, says FM Arun Jaitley

Maurer had said Switzerland's cooperation on tax matters in terms of sharing information on suspected black money cases would continue at "a good level".

Tax-free residency? Two non-GCC countries without income tax

If you are looking for a tax-free residency or citizenship, consider these countries

Swiss bank enters plea bargain in France over tax fraud: sources

Investigators found no evidence of this and the employee later retracted his allegations.

Appleby wins Jersey Law Firm of the Year title at Citywealth Awards

During the presentation at the Grange City Hotel in London on Wednesday evening, Appleby, one of the world’s largest providers of offshore legal services, was also awarded the ‘Isle of Man Law Firm of the Year’ title and named runner-up

Britain’s Trillion Pound Paradise – Inside Cayman, BBC2, 9pm

So is it all a tremendous tax cheat or is this a legitimate way to do business?

Barcelona starter sentenced to a year in jail, but likely won’t serve it

The 31-year-old Argentine is unlikely to serve any time at all

HMRC tax dispute specialist joins global alliance of lawyers

London-based international law firm Edwin Coe has become a member of a global alliance of lawyers spread across 41 countries.

Jersey and Switzerland sign joint declaration

Identical declarations have been signed with Switzerland by Guernsey and the Isle of Man.

Business ethics and the impact of the Anticorruption Law - TMF

By now Brazilian companies have probably heard of law No.12.846/13, popularly known as the Anti Corruption Law, which is leading to profound structural changes in companies operating in the country.

Marijuana Inc. eyes Mexico as drug liberalization looms

From medical marijuana growers to pot private equity firms

Loch Lomond Golf Club ‘no longer owes its bank money’

The club was bought out by its members in 2011.

Tycoon who was ordered to hand over half his £210million fortune to ex-wife wins right to challenge divorce

He wants more and has now won the right to challenge that decision

FCA boss denies Treasury quashed bank inquiries

City regulator the Financial Conduct Authority has denied it was forced to drop inquiries into the banks due to pressure from the Treasury.

Should Congress close tax loopholes for the ultra-rich?

If their benefit to the economy is in doubt, no one can dispute that the wealthy are world-class tax avoiders.

Legal,Regulation,Tax & Compliance