Guernsey signs DTA with Luxembourg 14/05/2013 Guernsey has signed a Double Taxation Arrangement (DTA) with Luxembourg. It means that Guernsey has now signed ‘full’ DTAs with eight jurisdictions
Model taxpayer charter launched to promote greater fairness in taxation across the world 14/05/2013 Three professional bodies representing more than half a million tax advisors worldwide have produced a 'Model Taxpayer Charter' of taxpayer rights and responsibilities intended as a blueprint for what a good tax system should contain.
HMRC working with Australian and US authorities to analyse offshore data in tax evasion crackdown 09/05/2013 HM Revenue and Customs (HMRC) has confirmed that it is working with the United States and Australian tax administrations (the IRS and ATO) on data which reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.
Argentina offers tax amnesty to help ailing economy 09/05/2013 Argentina has launched a broad-based tax amnesty for undeclared cash, in hopes of repatriating billions of dollars held by its nationals in US dollars.
Belgium offers diamond dealers tax amnesty 07/05/2013 Belgium has offered diamond traders a chance to avoid legal prosecution from illegally concealing millions of euros in private bank accounts by paying back taxes, according to diamond trade reports.
UK hails Caribbean tax agreement ‘a turning point’ but still more to come, say private client tax experts 02/05/2013 The HM Treasury agreement with five British Overseas Territories - Anguilla, Bermuda, the British Virgin Islands, Montserrat and the Turks and Caicos Islands – was described by the UK authorities as “a turning point in the fight against tax evasion.” Accountancy firm Saffery Champness hailed the agreement as a victory in the fight against tax evasion but added that there still is much work to be done.
British overseas territories agree to sweeping info exchange pact 02/05/2013 The British Overseas Territories of Anguilla, Bermuda, the British Virgin Islands, Montserrat and the Turks and Caicos Islands have agreed automatically to share information with the UK in the latest assault on tax evasion.
Jersey Foundations surpass 200 milestone 24/04/2013 There are now more than 200 Foundation structures registered in Jersey, since their introduction in July 2009 - including 60 for UHNW family wealth planning.
London mansion put on market for £250 million - report 24/04/2013 The record for the most expensive house in London looks set to be shattered with a Georgian mansion on Carlton House Terrace now on the market for an eye watering £250 million.
Bayern Munich boss under tax investigation for tax evasion on Swiss account 23/04/2013 Uli Hoeness ,the president of Germany’s most illustrious and famous team, Bayern Munich, is under investigation for tax evasion on a large Swiss bank account
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