10/17/2014
Switzerland and member states of the European Union have signed a joint statement that reaffirms Switzerland's commitment to abolish contested corporation tax regimes and EU member states' pledge to lift countermeasures.
10/17/2014
“When high frequency traders cross the line and engage in fraud we will pursue them as we do with anyone who manipulates the markets,” said SEC Chair Mary Jo White.
10/17/2014
It was George Harrison’s astonishment at the amount of tax he was paying that prompted him to pen The Beatles’ song “Taxman” almost 50 years ago.
10/16/2014
The OECD 2014 BEPS Action Plan has plenty of food for thought…
10/16/2014
Launched at a special Crestbridge Forum, attended by over 100 highly influential fund sector specialists in Luxembourg on Thursday 2 October, the IFI Global ‘Impact of AIFMD’ report examined opinions on the impact of the introduction of the Di
10/15/2014
India has been asking Switzerland to cooperate in these cases under obligations of the bilateral Double Taxation Avoidance Agreement
10/15/2014
A UBS AG unit will pay $5.2 million in a settlement with Puerto Rico's financial institutions regulator over the firm's practices involving sales of Puerto Rico closed-end bond funds whose values later plunged.
10/15/2014
We knew from the way the accounts were set up that the majority of these 15,000 clients were cheating on the taxes,” said Schumacher
10/14/2014
Monaco joins fight against tax dodgers
The Principality of Monaco, a known tax haven, delighted its larger European neighbors when it announced its commitment to fight tax dodgers after becoming the 84th jurisdiction to participate in the Multilateral Convention on Mutual Administrative Assist
10/14/2014
Since 2009, the U.S. has had unprecedented success with ferreting out offshore accounts. It started in 2008 with key court victories against UBS.
10/14/2014
A former banker at Switzerland's biggest bank, UBS, has been found guilty of handing over protected Swiss bank account data to the United States, according to a penalty order issued by the Swiss prosecutors' office.
10/14/2014
Italian and Swiss ministers clashed on Monday over the failure to reach an agreement aimed at fighting tax evasion that foresees Switzerland opening up its bank databases to Italian tax authorities.
10/14/2014
The Government has also increased its public commentary regarding its desire to ensure that the PNG national interest is protected and promoted.
10/14/2014
There is a renewed enthusiasm in the international community to develop effective and co-operative anticorruption enforcement methods. Companies should consider how this will affect their business and where necessary, review the corporate responsibility p
10/14/2014
The announcement was made as part of the leaderships changes at the Firm's Annual Meeting, held last week in London.
10/14/2014
The Irish have officially killed the much-loved corporate tax loophole known as the "Double Irish."
10/13/2014
A former top-level UBS banker will stand trial in the United States this week accused of helping rich Americans evade millions of dollars in taxes.
10/13/2014
The researchers could not find a single example of one company service provider in the Cayman Islands willing to set up an anonymous company but by contrast, it was easy to find a service provider in the UK who would do that.
10/12/2014
Former IRS Chief, Taxpayer Advocate Criticize FATCA
This week brings a wealth of news in the FATCA arena, which we summarize in today’s post.
10/12/2014
The increase in regulatory reporting requirements has become a major challenge for many investment managers.