Tax & Regulation

Tax & Regulation | 20 Feb 13

News that the Isle of Man is to have its own tax disclosure facility with HM Revenue & Customs has been met with a lukewarm reaction so far, with most tax experts suggesting the terms under the existing Liechtenstein Disclosure Facility are more favourable.

North America | 19 Feb 13

The Isle of Man has moved one step closer to signing a “mini FATCA” agreement with the UK, and has also announced that a new IoM tax disclosure facility with the UK will be launched in April.

Tax & Regulation | 19 Feb 13

Tax experts have hit back at the Public Accounts Committee’s suggestion that tax avoiders should be “named and shamed”, arguing that such a policy could easily become disproportionate and counterproductive.

Tax & Regulation | 19 Feb 13

Tax dodgers and those who promote tax avoidance schemes should be named and shamed by HM Revenue & Customs, according to MP Margaret Hodge, who urged the Government to do more to stop the UK haemorrhaging money in lost taxes.

Tax & Regulation | 15 Feb 13

Updated EU plans to levy a financial transactions tax have been agreed by 11 member states, including France and Germany, but rejected by the other 16 member states, including the UK.