Tax Evasion

North America | 25 Nov 12

Britain’s overseas territories, including the Crown Dependencies, Gibraltar and the Cayman Islands, are expected to be seeking official confirmation with some urgency of a report that the UK government is planning a ‘son of FATCA’ aimed at obtaining information on all accounts held by British taxpayers.

Tax & Regulation | 13 Jul 12

HMRC has received more than 400,000 calls to its tax evasion hotline during the past five years, according to data obtained via a freedom of information request.

United Kingdom | 21 Mar 12

George Osbornes 2012 Budget was promoted as benefitting Britains less well off, but as the dust settled on the 114-page document this afternoon, it seemed few are likely to benefit quite so much as those tax experts who specialise in translating what it all means to the wealthy, international individuals who are their clients.

North America | 31 Jan 12

As FATCA watchers around the world keep checking their smartphones for news that the final guidance on the incoming US legislation has been issued, some experts are doubtful that the US Treasury will be able to keep to its recently-stated vow to try to make things easier for foreign financial institutions that will be affected.

North America | 30 Jan 12

Bowing to pressure from foreign governments, financial institutions and expatriate Americans around the world, the US is seen to be planning to make significant changes to its unpopular FATCA reporting requirements, which are due to take effect in 2013.