11/07/2014
Israel probes ‘millions of euros’ hidden in Switzerland
“Large Swiss banks are managing accounts belonging to thousands of Israelis holding millions of euros,” the authority said in an emailed statement Wednesday. “The suspicion is that most of the money in the accounts hasn’t been repo
11/07/2014
Jersey Private Trust Companies
Private trust companies have been widely used in international structured finance transactions and are now used increasingly by high net-worth private clients.
11/07/2014
Brazilian Banks Cut Secret Deal with Luxembourg to Save $90.2M in Tax
These legal secret deals feature complex financial structures designed to create drastic tax reductions.
11/07/2014
Welcome to Luxembourg, where accountants outnumber the police by four to one
Grand Duchy advertises itself as ‘business-friendly’ haven amid leak showing it helped multinationals save millions in tax
11/07/2014
The United Kingdom has signed intergovernmental agreements (‘IGAs’) with its Crown Dependencies and Overseas Territories in order to improve compliance with UK tax laws, a regime often referred to as ‘UK FATCA’.
11/06/2014
Israel arrested 14 people, including a senior UBS investment adviser, as part of an investigation into Israelis allegedly holding undisclosed bank accounts with UBS worth hundreds of millions of euros
11/06/2014
. Almost on a daily basis hither to much loved pop stars and television personalities have been ‘ousted’ for investing in a tax avoidance scheme.
11/05/2014
Ex-UBS Wealth Boss Acquittal Brings Relief for Many Swiss Bankers
Many of Switzerland's private bankers breathed a sigh of relief at the acquittal of Raoul Weil, the former head of wealth management at UBS, on charges of helping wealthy Americans dodge taxes.
11/05/2014
Switzerland's First Tax Info Exchange Pacts To Take Effect
Switzerland's tax information exchange agreements (TIEAs) with Jersey, Guernsey, and the Isle of Man have entered into force and will be effective from January 1, 2015.
11/05/2014
Over the past few years, the Indian government has been dispatching a number of requests to the Swiss authorities arising from either search operations done by the Income Tax department or information received on holdings of Indians in Switzerland from th
11/05/2014
A federal jury in South Florida on Monday took a little over one hour to acquit Raoul Weil, who headed the Swiss bank's global wealth management unit, of conspiring to defraud the Internal Revenue Service.
11/04/2014
International law firm strengthens Singapore presence
He has developed an in-depth understanding of the Asian market and business culture during the eight years in which he has worked in Hong Kong, which included a period as managing partner of the Hong Kong office of another international law firm.
11/04/2014
London Tax Tribunal to Evaluate U.K. Film Investment Vehicles
The tax authority says Ingenious vehicles, used on such productions as 'Avatar,' allowed British celebrities, such as David Beckham, to reduce their tax bills
11/04/2014
Jury acquits former UBS executive in IRS offshore tax evasion probe
Jury acquits ex-UBS exec in IRS probe
11/04/2014
Singapore says will adopt OECD pact to tackle tax cheats by 2018
Singapore will implement a global agreement on swapping tax information, aimed at ending offshore tax evasion, by 2018, provided certain conditions are met
11/04/2014
Accounts inherited from family members as also from previously-constituted trusts or companies have come to the fore in a big way, as India seeks further details from Switzerland about those suspected to have ‘unaccounted’ wealth parked in the
11/04/2014
Ropes & Gray proudly announces that 20 attorneys have been named partners of the firm, effective November 1. In addition, the firm named two attorneys as counsel.
11/03/2014
The acquittal was a setback in the seven-year, U.S. campaign to curtail offshore tax evasion.
11/03/2014
London is an increasingly important hub for offshore law firms, which are winning business from City-based financial institutions, and clients in Russia, western Europe and sub-Saharan Africa.
11/03/2014
Caught in the middle are 22.7 million people who live and work in metro Manila, where inadequate infrastructure and recurring flooding produce gridlock and stunt the economy.