03/05/2015
DMS Offshore Investment Services Wins Another Award
"DMS is honored to be recognized again this year for the quality of our service to the global hedge fund industry," stated Anne Storie, CEO of DMS.
Legal,Regulation,Tax & Compliance
03/05/2015
England Ashes heroes among cricketers facing large bills for tax avoidance schemes
Her Majesty’s Revenue & Customs has sent demands to investors, including the former cricketers, in partnerships set up by the company Ingenious Media, which HMRC is challenging in the upper tax tribunal, claiming they constituted tax avoidance s
03/04/2015
Britain's elite still enjoying a tax break 100 years old
To qualify for that status, they simply need to show that their fathers were born outside Britain
03/04/2015
UBS Whistle-Blower Says Bank Has ‘Global’ Issue With Tax Evaders
The former UBS Group AG banker whose cooperation with the U.S. helped expose tax evasion by thousands of Americans says the Swiss bank used similar practices elsewhere and he’s eager to help European governments.
03/03/2015
Ogier welcomes Guernsey and Luxembourg’s Memorandum of Understanding
The new Memorandum of Understanding between Guernsey and Luxembourg reinforces the positioning of both locations as major fund locations
03/03/2015
FINMA publishes first enforcement report
673 preliminary investigations, 59 proceedings concluded, 479 assistance requests dealt with
03/03/2015
Monaco latest to ink accord with Italy to end bank secrecy
The principality of Monaco has signed an accord with Italy aimed at ending banking secrecy, days after Switzerland and Liechtenstein inked similar pledges to exchange financial information with Rome
03/03/2015
Bern and Canberra work towards tax agreement
Switzerland and Australia have signed a joint declaration on introducing the reciprocal automatic exchange of information in tax matters
03/03/2015
Deadline Dates for Automatic Exchange of Tax Information under FATCA and CRS - Maples and Calder
The Cayman Islands government, along with around 50 other countries, has also committed to the implementation of the OECD Standard for Automatic Exchange of Financial Account Information – Common Reporting Standard by the end of 2015.
03/02/2015
No wonder Nick Clegg has gone quiet on tax dodging: His wife's paid by law firm that helps rich avoid tax and his father is chairman of bank with ties to tax haven
'His failure to make more noise is odd' says prominent tax QC
03/02/2015
Bloomberg BNA Publishes Guide On Technology Law In Financial Services
"FinTech Law" goes into great detail on the current state of the industry
03/02/2015
Your Pension Funds and Succession Tax In The Canary Islands
There is a lot of discussion at the moment about the UK pension reforms and the options now available for your pension funds.
03/02/2015
Ninu Zammit, Michael Falzon tax returns show tax evasion while in office
His position has since been “regularised” through a government tax amnesty.
03/02/2015
Greece introduces new tax controls in 400 large enterprises, 900 cases of wealthy taxpayers
Authorities will also intensify pre-emptive actions and full-scale tax controls in 400 large enterprises and 900 cases of wealthy taxpayers.
03/02/2015
MALTA: Investment Registration Scheme attracts 1,469 applications with €455.8m in assets
Italy and Switzerland have agreed an amendment to their double tax agreement (DTA) to enhance tax information exchange provisions
03/02/2015
Tax-dodgers are 'not acceptable': Luxembourg Fin Min
The minister's comments come just days after McDonald's was accused by labour unions
03/01/2015
Lisbon gets list of Swiss Leaks tax cheats
Portugal has received information on 611 taxpayers listed in the Swiss Leaks affair
02/27/2015
Head of Geneva, Luxembourg and Singapore freeports under investigation
Yves Bouvier and two associates are detained in Monaco in fraud enquiry
02/27/2015
Finding a Foundation by Carolyn Oh
A foundation is essentially a civil law creation, but how does it work in a common law country like Malaysia? Carolyn Oh, Principal of Carolyn and Co discusses the appeal of foundations as a wealth management tool and its application in Malaysia both onsh
02/27/2015
Changes in Guernsey taxation to affect home owners and high net worth individuals - BDO
These changes are mainly in the area of personal taxation and are introduced by a number of Amendment Ordinances recently published, some of which are still to be laid before the Guernsey States of Deliberation.