Tax & Regulation
Tax & Regulation | 21 Dec 12
uk commission pushes for electrified banks
The UK’s new Parliamentary Commission on Banking Standards (PCBS) today called for the Government’s draft banking reforms to include a hard hitting ‘separation power’ that would force a ring-fenced bank to split itself apart completely.
Tax & Regulation | 20 Dec 12
hmrc adopts settlement strategy on tax avoidance
HM Revenue & Customs is giving a settlement opportunity to those who invested in certain tax avoidance schemes, many of which are registered in Jersey, with the aim of contacting eligible investors by the end of January 2013.
Tax & Regulation | 17 Dec 12
isle of man signs tax agreement with argentina
The Isle of Man has signed a tax information exchange agreement (TIEA) with Argentina, which is its first such arrangement with a country in South America.
Tax & Regulation | 13 Dec 12
cable calls for greater international cooperation
The UK’s business secretary Vince Cable has said government are “behind the curve” on corporate tax avoidance and has called for more international co-operation to tackle multinational companies moving profits to low-tax countries, according to The Guardian.
Tax & Regulation | 12 Dec 12
professor claims better way to cut tax fraud
Tax evasion and business fraud could be tackled better with more accurate data about the nature and extent of offending, according to research by Michael Levi, professor of criminology at Cardiff University.