Tax & Regulation
Jurisdictions face critical EU tax haven blacklist test
A ‘substance’ test that determines whether actual business activities of offshore structures take place in a jurisdiction could be the make or break factor for 53 countries facing the prospect of being added to an EU-wide tax haven blacklist.
Paradise Papers critics ‘naïve’ says deVere CEO
Misinformation, heightened sensationalism and grandstanding politicians are “masking the reality” of the Paradise Papers, deVere Group founder and chief executive Nigel Green has said.
Isle of Man chief minister defends tax treatment
After bearing the brunt of media scrutiny over the Paradise Papers, Isle of Man chief minister Howard Quayle has said an internal review “found no evidence of wrongdoing”.
What is the problem with offshore investments?
Another day, another major leak of sensitive data that reveals even the British Queen has her fingers in some offshore-pies. But with everything legal and above board, are we at risk of sensationalising something that is pretty average?
Financial centres slam Paradise Papers backlash
The UK’s crown dependencies and overseas territories have hit back at international media scrutiny and allegations that they facilitate tax avoidance and evasion following the leak of the Paradise Papers.