Tax & Technical
Best Practice | 7 Dec 17
Offshore advisers fear new regulatory burden from HMRC
Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.
Latin America | 5 Dec 17
Tax pariah Panama introduces fresh anti-avoidance measures
The controversial central American jurisdiction is poised to toughen its tax fraud penalties, a year and a half after it came under worldwide scrutiny for the Panama Papers leak.
Best Practice | 5 Dec 17
17 jurisdictions on EU tax haven blacklist
The European Council published its blacklist of 17 non-cooperative jurisdictions on Tuesday, including the United Arab Emirates and Bahrain.
Latest news | 1 Dec 17
Offshore tax regime ‘may breach human rights’
Incoming Requirement to Correct (RTC) rules “are a potential breach of human rights” according to James Quarmby, a top private client tax lawyer.
Tax & Technical | 29 Nov 17
London rich ask to pay more tax
One of the UK capital’s super-wealthy hotspots is canvassing residents to see if they would be willing to pay double tax after one group came forward asking to pay more.