Tax Evasion
Tax & Regulation | 27 Mar 14
australia launches tax amnesty
Australia today has unveiled a new tax "amnesty" programme aimed at encouraging tax evaders with undeclared offshore assets to come in from the cold, with just a “heavily reduced penalty” to pay.
Tax & Regulation | 19 Mar 14
chancellor uses budget to scare tax cheats
Legislation enabling HM Revenue & Customs to be able to demand upfront payment of tax it claims it is owed, but which is in dispute, was among a range of measures UK Chancellor George Osborne unveiled in his budget today.
french ex minister accused of secret
A French former tax minister has been accused of maintaining a secret bank account in the Isle of Man.
tax evaders no longer told of foreign requests
Tax evaders no longer have a right to be informed when their information is disclosed to other countries, following a legal amendment approved by the Swiss Parliament.
North America | 6 Mar 14
caymans financial services businesses weigh in
As the deadline for public comment passed last week on a proposal to implement a public registry of beneficial owners in the Cayman Islands, companies and organisations with a presence there weighed in on the matter with most expressing criticism of the plan.