Tax & Regulation

Tax & Regulation | 11 Apr 13

A long-held suspicion of financial services firms was confirmed by a senior Bank of England official last night as he revealed a 600% increase in UK regulation since 1979, comparing the tide of red tape to the country’s unwieldy tax system.

Europe | 10 Apr 13

Switzerland has adopted a simplified version of the US government’s FATCA tax legislation which was agreed by the two countries earlier this year.

Tax & Regulation | 10 Apr 13

Luxembourg has set out its plans to automatically exchange tax information within the European Union, by easing its bank secrecy rules from 2015.

Tax & Regulation | 10 Apr 13

Those seeking to illegally evade tax are running out of places to hide, according to tax experts who are urging those with illegitimate assets overseas to come clean under one of the disclosure facilities on offer from HM Revenue & Customs.

Tax & Regulation | 9 Apr 13

Those evading tax by hiding money in the Isle of Man, Jersey or Guernsey are being warned by HM Revenue & Customs to “come clean” before it clamps down on them.